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Feel right at home with California’s premier Mortgage lender.

Buying a home is a major accomplishment that requires careful planning. Our home loan experts take time to listen to what you want to achieve and then work closely with you to find a Mortgage that fits your needs and budget.

With a variety of options and great mortgage rates available, there’s one that can work for you and your family. Plus, we offer mortgage calculators that can help you determine the financial impact of your purchase.

If you’re looking to save money with a refinance, we can assist with that, too, and we can help you get a Home Equity Loan to take on renovation projects, consolidate debt or for any other reason.

Conventional First-Trust Deed

Find the ideal home loan for your budget.

  • Loans up to $636,150
  • Fixed or adjustable rates
  • Flexible terms, up to 30 years
  • Low down-payment programs available
  • Interest may be tax-deductible (consult your tax advisor)

Jumbo First-Trust Deed

Find a home loan for your larger budget.

  • Loans between $636,150 and $3,000,000
  • Fixed or adjustable rates
  • Flexible terms, up to 30 years
  • Interest may be tax-deductible (consult your tax advisor)

FHA Loan

These home loans feature easier qualification requirements. 

  • Loans up to $636,150
  • Insured by the Federal Housing Administration (FHA)
  • Fixed or adjustable rates
  • Less stringent down-payment and credit requirements than conventional mortgages
  • Flexible terms, up to 30 years
  • Down payments as low as 3.5%
  • Interest may be tax-deductible (consult your tax advisor)

VA Loan

More flexibility for military veterans and eligible service members.

  • Loans up to $636,150
  • No down payment or private mortgage insurance (PMI) requirements
  • Low monthly payment programs
  • Fixed or adjustable rates
  • Flexible terms, up to 30 years
  • Interest may be tax-deductible (consult your tax advisor)

Home Equity Conversion Mortgage

Home Equity Conversion Mortgages are designed to give you access funds from one of your biggest investments - your home. Also known as a a reverse mortgage, a Home Equity Conversion Mortgage allows you to borrow based on the equity of your home.   

  • Qualifying Guidelines: Must be at least 62 years old. Must own your home and it be your primary residence
  • Monthly payment not required (Still required to pay taxes, insurance, and maintenance costs)
  • Establish a line of credit that can grow in value over time.
  • Flexible pay out options
  • No pre-payment penalties
  • Insured by the Federal Housing Administration (FHA)

To learn more about Home Equity Conversion Mortgages, visit this expanded information page.

E-Central Credit Union offers mortgage loans to Southern California members throughout Los Angeles County including Pasadena, South Pasadena, Alhambra, San Marino, Arcadia, Sierra Madre, Altadena, Temple City, Monrovia and offers home loans nationwide.

To learn more about our home loans or to apply for a mortgage contact us or visit our Pasadena branch today.

Fixed-Rate Mortgage Adjustable-Rate Mortgage (ARM)

How They Help

  • Principal and interest payments never change
  • Refinance your current mortgage to pay it off faster
  • Ideal if you plan to stay in your home for many years
  • Maximizes your purchasing power
  • Lowers your payments during the first years of your mortgage
  • Ideal if you plan to move or pay off your mortgage within 10 years

Important Details

Generally have higher rates than ARMs, but never will increase Rate will not increase more than a set amount annually following the fixed-rate period; also features caps on increases during the life of the ARM

Terms Available

10, 15, 20 or 30 years Initial fixed rate period of 1, 3, 5 or 7 years before the rate resets

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