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Home Loans

Home Loans

Home Purchase or Refinance

From first-time homebuyers to forever-home seekers and every dream in between, First U.S. offers a variety of flexible loan programs so you can buy or refinance with confidence. Here's what you can expect:

Free Pre-Approvals

Flexible Loan Options: Fixed rate, adjustable rate, and jumbo loans with terms from 10 to 30 years

Lock & Shop Program: Lock in your rate for up to 90 days1 while house hunting. Includes a one-time rate adjustment if interest rates drop.

Competitive Rates

Primary residences, vacation homes and investment properties

Streamlined Loan Modification Program: Buy today and refinance when rates decline with a one-time rate adjustment2

First-Time Homebuyer Program

The journey to homeownership can be both exciting and full of the unknown. Our First-Time Homebuyer Program can help get you into your home quicker than expected with low-down payments, expert guidance, and possible down payment assistance.

  • Minimum 5% down payment required with no Private Mortgage Insurance (PMI) or Second Mortgage Requirement3
  • Down payment gifts allowed
  • Primary residence only – single family homes, condos, PUDs or manufactured homes
  • Up to $50,000 in downpayment grants possible through the WISH and Middle-Income Downpayment Assistance Programs4

Home Equity Loans & Lines of Credit

Unlock the wealth in your home by tapping into your equity. A Home Equity Loan or Line of Credit (HELOC) can be flexible finance tools for home improvement projects, debt consolidation, college tuition, dream vacations and more!

HELOC

  • HELOC rates as low as 5.99% APR5 for 6 months, then (Prime + 0%)
  • Up to $250,000 maximum loan amount
  • Borrow up to 100% combined loan-to-value (CLTV)
  • No annual fees
  • 20-year draw and repayment period

Home Equity Loan

  • Low fixed rates for term of loan
  • Terms up to 20 years
  • Up to $250,000 maximum loan amount
  • Borrow up to 100% combined loan-to-value (CLTV)
  • Lump sum of funds to use for your project

Reverse Mortgages

If you're a California homeowner age 62 or over, you can eliminate your mortgage payments and generate tax-free income using the equity in your home with a reverse mortgage.

  • No payments are due on the loan as long as you occupy the home as your primary residence, and you can stay in your home as long as you choose.
  • Generate extra income for living expenses, medical bills, home repairs, travel or more.
  1. The Lock & Shop Program is available on home purchase loans only and will lock your initial interest rate for up to 45 days. Borrower must supply the fully executed purchase and sales contract within 45 days of participating in the Program and must close escrow within the 90-day period. Locks may be transferred between properties.
  2. Streamlined Loan Modification Program is available for fixed-rate first mortgages after 12 months of closing. A $499 fee is applicable.
  3. First-Time Home Buyer Program is available to members who have not owned a home within the last 3 years. Homeowner education is required.
  4. First U.S. is a participating institution in FHLBank San Francisco Workforce Initiative Subsidy for Homeownership (WISH) and Middle-Income Downpayment Assistance Grant Programs. Must be a first-time homebuyer and income eligibility requirements apply. Funds are available annually on a first-come, first served basis. MDPA funds have been fully allocated for 2025 – please contact us to prepare for 2026 grant funding.
  5. APR is variable and based on Prime Rate as published in The Wall Street Journal on the last day of the previous month (currently 7.50%). Your actual rate may vary based on your credit history and CLTV. Minimum APR 3.99% Maximum APR 15.00% for up to 95% LTV or 18% for 95.01% - 100% LTV. $499 opening fee for 2nd trust deeds or $799 for 1st trust deeds (waived if $5,000 initial advance is taken and account remains open for 3 years), plus recording fees and notary fees. Certain restrictions apply. Appraisal fee may be required. Owner-occupied, CA properties only. Not available for purchases. Payment example, 6 monthly payments of $7.17 for each $1,000 borrowed, followed by 234 monthly payments of $8.10 for each $1,000 borrowed. If only minimum payments are made, a balloon payment will result. Promotional rate is only available on HELOCs up to 80% LTV.