Following are the loan assumptions to
determine APR and other important information.
| * |
All Mortgage Loans with price >
100% do not have a Prepayment Penalty. |
| ** |
| Up to a 1.25 percent origination fee may
be charged in addition to any discount points. |
|
| *** |
| Conventional Mortgage Loans: |
|
APR as well as principal and interest payment
(P&I) amounts are based on an 80 percent or less loan-to-value, with loan amounts of
$140,000 for conforming loans and $275,000 for non-conforming loans with the terms shown
and assumes equal monthly payments. Call for additional discount point pricing. |
|
| **** |
| Government (FHA) Mortgage Loans: |
|
APR as well as principal and interest payment
(P&I) amounts are based on a 96 percent loan-to-value, with a loan amount of $140,000
with the terms shown and assumes equal monthly payments. On refinances only, an additional
0.25 percent in discount points may be charged over the discount points quoted above. |
|
| *** &
**** |
| Conventional and Government
Fixed-Rate Mortgages: |
|
Check with your local approved CalPERS lender
for the actual fees and charges, specific APR, and P&I payments. |
|
To view available loan programs and their specifics, please click HERE. |