Mortgage Rates | Star One

Mortgage Rate vs. APR: What's the Difference?

Fixed-Rate Mortgage Loans — Purchase and Refinance
Type	Interest Rate	Points**	Annual Percentage Rate***	Monthly Payment per $1000****
Type 30-Year Fixed-Rate Mortgage - Conforming [1] Fixed-rate mortgage payment examples assuming a $300,000 loan: - 10-year mortgage at 5.625% (5.727% APR for conforming loans, or 5.727% APR for jumbo loans): 120 monthly payments at $3,274.40; - 15-year mortgage at 5.875% (6.047% APR for conforming loans, or 5.964% APR for jumbo loans): 180 monthly payments at $2,511.36; - 20-year mortgage at 6.125% (6.266% APR for conforming loans, or 6.199% APR for jumbo loans): 240 monthly payments at $2,170.98; - 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20. Loan payments do not include taxes and insurance. [2] In most of the country, the maximum conforming loan limit for one-unit properties is $832,750. In "high-cost" areas, the maximum conforming limit may be up to $1,249,125. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices.	Interest Rate 6.500%	Points** 0.000%	Annual Percentage Rate*** 6.612%	Monthly Payment per $1000**** $6.32
Type 30-Year Fixed-Rate Mortgage - Jumbo [1] Fixed-rate mortgage payment examples assuming a $300,000 loan: - 10-year mortgage at 5.625% (5.727% APR for conforming loans, or 5.727% APR for jumbo loans): 120 monthly payments at $3,274.40; - 15-year mortgage at 5.875% (6.047% APR for conforming loans, or 5.964% APR for jumbo loans): 180 monthly payments at $2,511.36; - 20-year mortgage at 6.125% (6.266% APR for conforming loans, or 6.199% APR for jumbo loans): 240 monthly payments at $2,170.98; - 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20. Loan payments do not include taxes and insurance. [3] The jumbo loan limit is any amount greater than $832,750 up to $5,000,000. High-balance conforming allows for higher loan limits beyond the $832,750 conforming limit up to $1,249,125 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA).	Interest Rate 6.500%	Points** 0.000%	Annual Percentage Rate*** 6.560%	Monthly Payment per $1000**** $6.32
Type 20-Year Fixed-Rate Mortgage - Conforming [1] Fixed-rate mortgage payment examples assuming a $300,000 loan: - 10-year mortgage at 5.625% (5.727% APR for conforming loans, or 5.727% APR for jumbo loans): 120 monthly payments at $3,274.40; - 15-year mortgage at 5.875% (6.047% APR for conforming loans, or 5.964% APR for jumbo loans): 180 monthly payments at $2,511.36; - 20-year mortgage at 6.125% (6.266% APR for conforming loans, or 6.199% APR for jumbo loans): 240 monthly payments at $2,170.98; - 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20. Loan payments do not include taxes and insurance. [2] In most of the country, the maximum conforming loan limit for one-unit properties is $832,750. In "high-cost" areas, the maximum conforming limit may be up to $1,249,125. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices.	Interest Rate 6.125%	Points** 0.000%	Annual Percentage Rate*** 6.266%	Monthly Payment per $1000**** $7.24
Type 20-Year Fixed-Rate Mortgage - Jumbo [1] Fixed-rate mortgage payment examples assuming a $300,000 loan: - 10-year mortgage at 5.625% (5.727% APR for conforming loans, or 5.727% APR for jumbo loans): 120 monthly payments at $3,274.40; - 15-year mortgage at 5.875% (6.047% APR for conforming loans, or 5.964% APR for jumbo loans): 180 monthly payments at $2,511.36; - 20-year mortgage at 6.125% (6.266% APR for conforming loans, or 6.199% APR for jumbo loans): 240 monthly payments at $2,170.98; - 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20. Loan payments do not include taxes and insurance. [3] The jumbo loan limit is any amount greater than $832,750 up to $5,000,000. High-balance conforming allows for higher loan limits beyond the $832,750 conforming limit up to $1,249,125 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA).	Interest Rate 6.125%	Points** 0.000%	Annual Percentage Rate*** 6.199%	Monthly Payment per $1000**** $7.24
Type 15-Year Fixed-Rate Mortgage - Conforming [1] Fixed-rate mortgage payment examples assuming a $300,000 loan: - 10-year mortgage at 5.625% (5.727% APR for conforming loans, or 5.727% APR for jumbo loans): 120 monthly payments at $3,274.40; - 15-year mortgage at 5.875% (6.047% APR for conforming loans, or 5.964% APR for jumbo loans): 180 monthly payments at $2,511.36; - 20-year mortgage at 6.125% (6.266% APR for conforming loans, or 6.199% APR for jumbo loans): 240 monthly payments at $2,170.98; - 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20. Loan payments do not include taxes and insurance. [2] In most of the country, the maximum conforming loan limit for one-unit properties is $832,750. In "high-cost" areas, the maximum conforming limit may be up to $1,249,125. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices.	Interest Rate 5.875%	Points** 0.000%	Annual Percentage Rate*** 6.047%	Monthly Payment per $1000**** $8.37
Type 15-Year Fixed-Rate Mortgage - Jumbo [1] Fixed-rate mortgage payment examples assuming a $300,000 loan: - 10-year mortgage at 5.625% (5.727% APR for conforming loans, or 5.727% APR for jumbo loans): 120 monthly payments at $3,274.40; - 15-year mortgage at 5.875% (6.047% APR for conforming loans, or 5.964% APR for jumbo loans): 180 monthly payments at $2,511.36; - 20-year mortgage at 6.125% (6.266% APR for conforming loans, or 6.199% APR for jumbo loans): 240 monthly payments at $2,170.98; - 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20. Loan payments do not include taxes and insurance. [3] The jumbo loan limit is any amount greater than $832,750 up to $5,000,000. High-balance conforming allows for higher loan limits beyond the $832,750 conforming limit up to $1,249,125 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA).	Interest Rate 5.875%	Points** 0.000%	Annual Percentage Rate*** 5.964%	Monthly Payment per $1000**** $8.37
Type 10-Year Fixed-Rate Mortgage - Conforming [1] Fixed-rate mortgage payment examples assuming a $300,000 loan: - 10-year mortgage at 5.625% (5.727% APR for conforming loans, or 5.727% APR for jumbo loans): 120 monthly payments at $3,274.40; - 15-year mortgage at 5.875% (6.047% APR for conforming loans, or 5.964% APR for jumbo loans): 180 monthly payments at $2,511.36; - 20-year mortgage at 6.125% (6.266% APR for conforming loans, or 6.199% APR for jumbo loans): 240 monthly payments at $2,170.98; - 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20. Loan payments do not include taxes and insurance. [2] In most of the country, the maximum conforming loan limit for one-unit properties is $832,750. In "high-cost" areas, the maximum conforming limit may be up to $1,249,125. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices.	Interest Rate 5.625%	Points** 0.000%	Annual Percentage Rate*** 5.727%	Monthly Payment per $1000**** $10.91
Type 10-Year Fixed-Rate Mortgage - Jumbo [1] Fixed-rate mortgage payment examples assuming a $300,000 loan: - 10-year mortgage at 5.625% (5.727% APR for conforming loans, or 5.727% APR for jumbo loans): 120 monthly payments at $3,274.40; - 15-year mortgage at 5.875% (6.047% APR for conforming loans, or 5.964% APR for jumbo loans): 180 monthly payments at $2,511.36; - 20-year mortgage at 6.125% (6.266% APR for conforming loans, or 6.199% APR for jumbo loans): 240 monthly payments at $2,170.98; - 30-year mortgage at 6.500% (6.612% APR for conforming loans, or 6.560% APR for jumbo loans): 360 monthly payments at $1,896.20. Loan payments do not include taxes and insurance. [3] The jumbo loan limit is any amount greater than $832,750 up to $5,000,000. High-balance conforming allows for higher loan limits beyond the $832,750 conforming limit up to $1,249,125 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA).	Interest Rate 5.625%	Points** 0.000%	Annual Percentage Rate*** 5.727%	Monthly Payment per $1000**** $10.91
Maximum real estate loan(s) to any one member is $7,000,000 (cumulative total). The maximum percent financed is calculated by dividing the loan amount by the property's value. The property's value for purchase transactions is the lesser of the appraised value or purchase price. Rates and points may be locked in for 60 days at no charge, or up to a maximum total of 120 days for a fee of $500. Other rates and point options are available. Contact a Star One Phone Representative for details. * The Annual Percentage Rate (APR) for Jumbo loans assumes a loan amount of $900,000 for Jumbo loans. The APR for all other loans assumes a loan amount of $100,000. **** Payment amount does not include taxes and insurance. Actual payment amount will be greater.

Fixed-Rate-To-Adjustable-Rate Mortgages — Purchase and Refinance
Type	First Trust Deed	Interest Rate	Points**	Annual Percentage Rate***	Lifetime Cap	Monthly Payment Per $1,000****
Type 3-Year Fixed-to-Adjustable-Rate Mortgage (ARM) [1] The 3-year fixed-to-adjustable-rate mortgage (also known as a "3-year ARM") is a 30-year loan that has a fixed interest rate for the first three years. For the remaining 27 years, the interest rate is variable. The current interest rate for the first three years is 5.750% (6.319% APR for conforming loans, or 6.454% APR for jumbo loans). After three 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 three-year period. You can use our mortgage calculator to calculate an estimated monthly payment for the first three years of this loan. A sample payment scenario for a loan of $300,000 at the current 5.750% interest rate (6.319% APR) would be 36 payments of $1,750.72, followed by 324 payments based on future variable rates which adjust every year. Loan payments do not include taxes and insurance. [2] In most of the country, the maximum conforming loan limit for one-unit properties is $832,750. In "high-cost" areas, the maximum conforming limit may be up to $1,249,125. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices.	First Trust Deed 30 years - Conforming	Interest Rate 5.750%	Points** 0.000%	Annual Percentage Rate*** 6.319%	Lifetime Cap 10.750%	Monthly Payment Per $1,000**** $5.84
Type 3-Year Fixed-to-Adjustable-Rate Mortgage (ARM) [1] The 3-year fixed-to-adjustable-rate mortgage (also known as a "3-year ARM") is a 30-year loan that has a fixed interest rate for the first three years. For the remaining 27 years, the interest rate is variable. The current interest rate for the first three years is 5.750% (6.319% APR for conforming loans, or 6.454% APR for jumbo loans). After three 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 three-year period. You can use our mortgage calculator to calculate an estimated monthly payment for the first three years of this loan. A sample payment scenario for a loan of $300,000 at the current 5.750% interest rate (6.319% APR) would be 36 payments of $1,750.72, followed by 324 payments based on future variable rates which adjust every year. Loan payments do not include taxes and insurance. [3] The jumbo loan limit is any amount greater than $832,750 up to $5,000,000. High-balance conforming allows for higher loan limits beyond the $832,750 conforming limit up to $1,249,125 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA).	First Trust Deed 30 years - Jumbo	Interest Rate 5.750%	Points** 0.000%	Annual Percentage Rate*** 6.454%	Lifetime Cap 10.750%	Monthly Payment Per $1,000**** $5.84
Type 5-Year Fixed-to-Adjustable-Rate Mortgage (ARM) [2] In most of the country, the maximum conforming loan limit for one-unit properties is $832,750. In "high-cost" areas, the maximum conforming limit may be up to $1,249,125. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices. [4] The 5-year fixed-to-adjustable-rate mortgage (also known as a "5-year 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 5.875% (6.282% APR for conforming loans, or 6.383% APR for jumbo loans). After five 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 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 5.875% interest rate (6.282% APR) would be 60 payments of $1,774.61, followed by 300 payments based on future variable rates which adjust every year. Loan payments do not include taxes and insurance.	First Trust Deed 30 years - Conforming	Interest Rate 5.875%	Points** 0.000%	Annual Percentage Rate*** 6.282%	Lifetime Cap 10.875%	Monthly Payment Per $1,000**** $5.92
Type 5-Year Fixed-to-Adjustable-Rate Mortgage (ARM) [3] The jumbo loan limit is any amount greater than $832,750 up to $5,000,000. High-balance conforming allows for higher loan limits beyond the $832,750 conforming limit up to $1,249,125 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA). [4] The 5-year fixed-to-adjustable-rate mortgage (also known as a "5-year 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 5.875% (6.282% APR for conforming loans, or 6.383% APR for jumbo loans). After five 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 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 5.875% interest rate (6.282% APR) would be 60 payments of $1,774.61, followed by 300 payments based on future variable rates which adjust every year. Loan payments do not include taxes and insurance.	First Trust Deed 30 years - Jumbo	Interest Rate 5.875%	Points** 0.000%	Annual Percentage Rate*** 6.383%	Lifetime Cap 10.875%	Monthly Payment Per $1,000**** $5.92
Type 7-Year Fixed-to-Adjustable-Rate Mortgage (ARM) [2] In most of the country, the maximum conforming loan limit for one-unit properties is $832,750. In "high-cost" areas, the maximum conforming limit may be up to $1,249,125. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices. [5] The 7-year fixed-to-adjustable-rate mortgage (also known as a "7-year ARM") is a 30-year loan that has a fixed interest rate for the first seven years. For the remaining 23 years, the interest rate is variable. The current interest rate for the first seven years is 6.000% (6.288% APR for conforming loans, or 6.358% APR for jumbo loans). After seven 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 seven-year period. You can use our mortgage calculator to calculate an estimated monthly payment for the first seven years of this loan. A sample payment scenario for a loan of $300,000 at the current 6.000% interest rate (6.288% APR) would be 84 payments of $1,798.65, followed by 276 payments based on future variable rates which adjust every year. Loan payments do not include taxes and insurance.	First Trust Deed 30 years - Conforming	Interest Rate 6.000%	Points** 0.000%	Annual Percentage Rate*** 6.288%	Lifetime Cap 11.000%	Monthly Payment Per $1,000**** $6.00
Type 7-Year Fixed-to-Adjustable-Rate Mortgage (ARM) [3] The jumbo loan limit is any amount greater than $832,750 up to $5,000,000. High-balance conforming allows for higher loan limits beyond the $832,750 conforming limit up to $1,249,125 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA). [5] The 7-year fixed-to-adjustable-rate mortgage (also known as a "7-year ARM") is a 30-year loan that has a fixed interest rate for the first seven years. For the remaining 23 years, the interest rate is variable. The current interest rate for the first seven years is 6.000% (6.288% APR for conforming loans, or 6.358% APR for jumbo loans). After seven 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 seven-year period. You can use our mortgage calculator to calculate an estimated monthly payment for the first seven years of this loan. A sample payment scenario for a loan of $300,000 at the current 6.000% interest rate (6.288% APR) would be 84 payments of $1,798.65, followed by 276 payments based on future variable rates which adjust every year. Loan payments do not include taxes and insurance.	First Trust Deed 30 years - Jumbo	Interest Rate 6.000%	Points** 0.000%	Annual Percentage Rate*** 6.358%	Lifetime Cap 11.000%	Monthly Payment Per $1,000**** $6.00
Type 10-Year Fixed-to-Adjustable-Rate Mortgage (ARM) [2] In most of the country, the maximum conforming loan limit for one-unit properties is $832,750. In "high-cost" areas, the maximum conforming limit may be up to $1,249,125. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices. [6] 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% (6.317% APR for conforming loans, or 6.351% 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 (6.317% 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.	First Trust Deed 30 years - Conforming	Interest Rate 6.125%	Points** 0.000%	Annual Percentage Rate*** 6.317%	Lifetime Cap 11.125%	Monthly Payment Per $1,000**** $6.08
Type 10-Year Fixed-to-Adjustable-Rate Mortgage (ARM) [3] The jumbo loan limit is any amount greater than $832,750 up to $5,000,000. High-balance conforming allows for higher loan limits beyond the $832,750 conforming limit up to $1,249,125 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA). [6] 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% (6.317% APR for conforming loans, or 6.351% 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 (6.317% 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.	First Trust Deed 30 years - Jumbo	Interest Rate 6.125%	Points** 0.000%	Annual Percentage Rate*** 6.351%	Lifetime Cap 11.125%	Monthly Payment Per $1,000**** $6.08
Type 5/5 Adjustable-Rate Mortgage (ARM) [2] In most of the country, the maximum conforming loan limit for one-unit properties is $832,750. In "high-cost" areas, the maximum conforming limit may be up to $1,249,125. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices. [7] 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 5.875% (6.358% APR for conforming loans, or 6.457% 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 5.875% interest rate (6.358% APR) would be 60 payments of $1,774.61, followed by 300 payments based on future variable rates which adjust every five years. Loan payments do not include taxes and insurance.	First Trust Deed 30 years - Conforming	Interest Rate 5.875%	Points** 0.000%	Annual Percentage Rate*** 6.358%	Lifetime Cap 10.875%	Monthly Payment Per $1,000**** $5.92
Type 5/5 Adjustable-Rate Mortgage (ARM) [3] The jumbo loan limit is any amount greater than $832,750 up to $5,000,000. High-balance conforming allows for higher loan limits beyond the $832,750 conforming limit up to $1,249,125 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA). [7] 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 5.875% (6.358% APR for conforming loans, or 6.457% 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 5.875% interest rate (6.358% APR) would be 60 payments of $1,774.61, followed by 300 payments based on future variable rates which adjust every five years. Loan payments do not include taxes and insurance.	First Trust Deed 30 years - Jumbo	Interest Rate 5.875%	Points** 0.000%	Annual Percentage Rate*** 6.457%	Lifetime Cap 10.875%	Monthly Payment Per $1,000**** $5.92
Maximum real estate loan(s) to any one member is $7,000,000 (cumulative total). The maximum percent financed is calculated by dividing the loan amount by the property's value. The property's value for purchase transactions is the lesser of the appraised value or purchase price. Rates and points may be locked in for 60 days at no charge, or up to a maximum total of 120 days for a fee of $500. Other rates and point options are available. Contact a Star One Phone Representative for details. * The Annual Percentage Rate (APR) for Jumbo loans assumes a loan amount of $900,000 for Jumbo loans. The APR for all other loans assumes a loan amount of $100,000. **** Payment amount does not include taxes and insurance. Actual payment amount will be greater.

Home Equity Loans - California only (Second Mortgage)
Type	Interest Rate	Points**	Annual Percentage Rate***	Lifetime Cap	Monthly Payment Per Thousand****
Type Home Equity Loan 15 Years Fixed [1] Fixed-rate home-equity loan payment examples assuming a $300,000 loan: 15-year at 6.721% APR—180 monthly payments at $2,633.98 20-year at 6.948% APR—240 monthly payments at $2,303.44	Interest Rate 6.625%	Points** 0.000%	Annual Percentage Rate*** 6.721%	Lifetime Cap n/a	Monthly Payment Per Thousand**** $8.78
Type Home Equity Loan 20 Years Fixed [1] Fixed-rate home-equity loan payment examples assuming a $300,000 loan: 15-year at 6.721% APR—180 monthly payments at $2,633.98 20-year at 6.948% APR—240 monthly payments at $2,303.44	Interest Rate 6.875%	Points** 0.000%	Annual Percentage Rate*** 6.948%	Lifetime Cap n/a	Monthly Payment Per Thousand**** $7.68
Type Adjustable-Rate Home Equity Loan [2] 15-year adjustable-rate home-equity loan rates range from 6.500% (6.904% APR) to 11.500% . The APR is variable and adjusts annually based on an index and margin. On a loan of $300,000 at 6.500% (6.904% APR), you would make 12 payments of $2,613.32, followed by 168 payments based on the then-current variable rate. Loan payments may increase and do not include taxes and insurance. [3] The amount of the equity loan and the amount of the first-trust deed may not exceed 80% of the market value of the home up to $3,000,000. You must provide adequate insurance and a clean title to the property so that the Star One equity line will appear in second position.	Interest Rate 6.500%	Points** 0.000%	Annual Percentage Rate*** 6.904%	Lifetime Cap 11.500%	Monthly Payment Per Thousand**** $8.71
**** After the initial fixed-rate period, the interest rate will be based on the Adjustable-Rate Loan program. Maximum real estate loan(s) to any one member is $7,000,000 (cumulative total). The maximum percent financed is calculated by dividing the loan amount by the property's value. Rates and points may be locked in for 60 days at no charge, or up to a maximum total of 120 days for a fee of $500. Other rates and point options are available. Contact a Star One Phone Representative for details. * The Annual Percentage Rate (APR) assumes a loan amount of $100,000. ** Payment amount does not include taxes and insurance.

Home Equity Line of Credit (HELOC) - California only
Type	Interest Rate	Annual Percentage Rate	Lifetime Cap	Monthly Payment Per $1,000
Type Home Equity Line of Credit, California, owner-occupied [1] Home-equity line of credit rates are variable and the maximum APR that could apply is 18.000%. Minimum monthly payment is interest-only during the first 10 years. The maximum term is 25 years, which includes a 10-year draw period and a 15-year repayment period. For lines exceeding $250,000, closing and appraisal fees may apply in the range of $1,500 to $2,500. There may be an early closure fee of $500 for home-equity lines closed within the first two years of origination.	Interest Rate 6.750%	Annual Percentage Rate 6.750%	Lifetime Cap 18.000%	Monthly Payment Per $1,000 Minimum payment will equal finance charges (interest).

How much down payment do I need?

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

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

3% down payment: loans up to $1,209,750 (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 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):

30% down payment: loans up to $2,000,000 (70% LTV)
Single-family residence only—purchase or limited cash-out refinance option