Mortgages and Home Loans in Silicon Valley

Whether you choose adjustable or fixed, you’ll get...

Loans up to $5 million at the same competitive rate for a purchase or refinance
No origination fees
Low closing costs
And if rates fall? Reduce the interest rate on your current Star One mortgage with our unique Mortgage Rate Modification program. No complicated refinance necessary.

Looking for our lowest starting interest rate?
Our 5/5 Adjustable-Rate Mortgage may be right for you.

Learn About the 5/5 ARM

Calculate your mortgage payment

Enter a mortgage amount — up to $5 million

30-Year Fixed-Rate Mortgage [1] Fixed-rate mortgage payment examples assuming a $300,000 loan:

- 10-year mortgage at 6.000% (6.109% APR for conforming loans, or 6.109% APR for jumbo loans): 120 monthly payments at $3,330.62;
- 15-year mortgage at 6.250% (6.429% APR for conforming loans, or 6.344% APR for jumbo loans): 180 monthly payments at $2,572.27;
- 20-year mortgage at 6.375% (6.520% APR for conforming loans, or 6.452% APR for jumbo loans): 240 monthly payments at $2,214.70;
- 30-year mortgage at 6.625% (6.738% APR for conforming loans, or 6.686% APR for jumbo loans): 360 monthly payments at $1,920.93.

Loan payments do not include taxes and insurance.

Rate

6.625%

APR Conforming[3] [4] [5]

6.738%

APR Jumbo [6] [3] [4]

6.686%

Get Started

15-Year Fixed-Rate Mortgage [1] Fixed-rate mortgage payment examples assuming a $300,000 loan:

- 10-year mortgage at 6.000% (6.109% APR for conforming loans, or 6.109% APR for jumbo loans): 120 monthly payments at $3,330.62;
- 15-year mortgage at 6.250% (6.429% APR for conforming loans, or 6.344% APR for jumbo loans): 180 monthly payments at $2,572.27;
- 20-year mortgage at 6.375% (6.520% APR for conforming loans, or 6.452% APR for jumbo loans): 240 monthly payments at $2,214.70;
- 30-year mortgage at 6.625% (6.738% APR for conforming loans, or 6.686% APR for jumbo loans): 360 monthly payments at $1,920.93.

Loan payments do not include taxes and insurance.

Rate

6.250%

APR Conforming[3] [4] [5]

6.429%

APR Jumbo [3] [4] [6]

6.344%

Get Started

10-Year Fixed-to-Adjustable-Rate Mortgage [7] The 10-year fixed-to-adjustable-rate mortgage (also known as a "10-year ARM") is a 30-year loan that has a fixed interest rate for the first 10 years. For the remaining 20 years, the interest rate is variable.

The current interest rate for the first 10 years is 6.125% (6.359% APR for conforming loans, or 6.393% APR for jumbo loans).

After 10 years, the interest rate and APR will adjust every year, depending on market conditions, based on an index and margin.

This means that the interest rate and APR—and monthly payments—may increase or decrease every year after the initial 10-year period.

You can use our mortgage calculator to calculate an estimated monthly payment for the first 10 years of this loan.

A sample payment scenario for a loan of $300,000 at the current 6.125% interest rate (6.359% APR) would be 120 payments of $1,822.83, followed by 240 payments based on future variable rates which adjust every year.

Loan payments do not include taxes and insurance.

Rate

6.125%

APR Conforming[3] [4] [5]

6.359%

APR Jumbo [3] [4] [6]

6.393%

Get Started

30-Year 5/5 Adjustable-Rate Mortgage [8] The 5/5 adjustable-rate mortgage (also known as a "5/5 ARM") is a 30-year loan that has a fixed interest rate for the first five years. For the remaining 25 years, the interest rate is variable.

The current interest rate for the first five years is 5.750% (6.383% APR for conforming loans, or 6.482% APR for jumbo loans).

After five years, the interest rate and APR will adjust every five years, depending on market conditions, based on an index and margin.

This means that the interest rate and APR—and monthly payments—may increase or decrease every five years after the initial five-year period.

You can use our mortgage calculator to calculate an estimated monthly payment for the first five years of this loan.

A sample payment scenario for a loan of $300,000 at the current 5.750% interest rate (6.383% APR) would be 60 payments of $1,750.72, followed by 300 payments based on future variable rates which adjust every five years.

Loan payments do not include taxes and insurance.

Rate

5.750%

APR Conforming[3] [4] [5]

6.383%

APR Jumbo [3] [4] [6]

6.482%

Get Started

Fixed-rate mortgages

Get a fixed monthly payment for your primary residence or vacation property.

Save on interest with a 10-year mortgage or choose the classic 30-year mortgage.

Looking for something in between? Consider our 15-year mortgage or 20-year mortgage.

Fixed-Rate Mortgage

Adjustable-rate mortgages (ARM)

If you're looking for our lowest mortgage rate to start out with, our 5/5-year ARM might be right for you.

Other popular adjustable-rate mortgages are our 3/1-year ARM, 5/1-year ARM, 7/1-year ARM and 10/1-year ARM.

Adjustable-Rate Mortgage

Investment-property mortgages

Choose from a range of fixed- or adjustable-rate mortgage loans for your rental or investment properties.

Investment Property Loans

Apply Online

Check Your Rate

Minimum down payment and maximum loan for our first-time homebuyers

Unlock big savings for first-time homebuyers!

Discounted private mortgage insurance premiums
Appraisal-fee refund — up to $800

Ready to take the next step towards homeownership?

Learn more about our First-Time Homebuyer Program.

Apply Now

Purchase a home

With our streamlined process, buying a home has never been easier.

Purchase a Home

Home refinance

Save money and refinance to lower your interest rate, or take cash out.

Refinance Your Home

Mortgage rate-lock

Mortgage rates change continually—protect yourself against an increase.

Rate-Lock Commitment

How much down payment do I need?

Star One offers first-mortgage loans for primary residences with a down payment as low as 3%.

Loans with less than 20% down payment typically require PMI (Private Mortgage Insurance).

First mortgage for primary residences—single-family homes, condominiums and townhomes:

3% down payment: loans up to $1,249,125 (97% LTV)
5% down payment: loans up to $1,500,000 (95% LTV)
10% down payment: loans up to $2,000,000 (90% LTV)
15% down payment: loans up to $2,500,000 (85% LTV)
20% down payment: loans up to $3,000,000 (80% LTV)
25% down payment: loans up to $3,500,000 (75% LTV)
30% down payment: loans up to $5,000,000 (70% LTV)
Cash out is available for refinance transactions with at least 20% down payment (up to 80% LTV)

First-time homebuyers:

3% down payment: loans up to $1,249,125 (97% LTV)
5% down payment: loans up to $1,500,000 (95% LTV)
Ask a Loan Officer or Member Service Representative about lower mortgage insurance premiums and discounted appraisal fee

First mortgage for 2-4 unit primary residences:

20% down payment: loans up to $3,000,000 (80% LTV)
25% down payment: loans up to $3,500,000 (75% LTV)
30% down payment: loans up to $5,000,000 (70% LTV)
Cash out is available for refinance transactions with at least 20% down payment (up to 80% LTV)

First mortgage for secondary residence or vacation home (single-family only):