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Popular Loans

Union Bank® is a top mortgage lender that offers a wide variety of loan products. Here are rates for some of our most popular loans—like conforming loans, which can have a loan limit of $679,6501 depending on the county you live in. If you're looking to buy or refinance a home, our Mortgage Consultants can help you do it with one of our fixed-rate or adjustable-rate mortgage loan options.

Take advantage of today's low rates:

(Rates effective )

Conforming Fixed-Rate
(30-year)1

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APR

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Conforming Fixed-Rate
(15-year)1

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APR

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7/1 Amortizing ARM
(30-year)2

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APR

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More loan options are available.
Call 888.774.7259 for additional rates and information.

The Union Bank Advantage

Low rates and payments

Save money with a bank you can trust

No closing cost options

Spend less on up-front, out-of-pocket fees and expenses

Fast pre-qualification

Get pre-qualified in minutes over the phone

Down payments as low as 3%3,4

Open the door to your dream home with a low down payment

No mortgage insurance

Ask about our Economic Opportunity Mortgage®3

On-time closings

Relax knowing that we'll help you close as quickly as possible

Common Questions

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Rely on Union Bank for the help you need every step of the way

With our team of skilled professionals and streamlined underwriting process, we can help you navigate every aspect of the mortgage approval process easily and efficiently—from application through on-time closing.

  • More options for you

    Including fixed-rate loans, adjustable-rate loans, conforming loans, and jumbo loans.

  • Exceptional service

    Our Mortgage Consultants have one goal: helping you make your homeownership dreams a reality.

  • Low down payment programs

    Designed for customers with a limited income or down payment, including; our Economic Opportunity Mortgage®,3 HomeReady®,4 FHA,5 and VA6 loans.

  • A bank you can trust

    MUFG Union Bank, N.A., is a full-service bank with over 300 locations across California, Oregon and Washington—providing outstanding corporate, commercial, and retail banking and wealth management solutions for our customers.

Loans subject to credit and collateral approval. Financing available for collateral located in CA, OR, or WA. Restrictions may apply. Terms and conditions subject to change. Mortgage insurance is required for loans exceeding 80% LTV. Minimum credit score and reserve requirements apply and may impact the amount that can be borrowed and the interest rate/APR for which you are eligible. A nonrefundable $550 application fee is required. Displayed rates were effective as of XX/XX/201X, are for informational purposes only, and are subject to change without notice. For mortgage loans, the APR may include the interest rate plus other charges or fees (such as discount points, mortgage insurance, and origination fees). The interest rates in this payment example is based on a variety of assumptions and conditions, including a consumer credit score which may be higher or lower than your individual credit score. Additional loan-level pricing adjustments may apply to your transaction. The payment examples below are for illustrative purposes only and assume a purchase, no cash-out or cash-out refinance of an owner-occupied single-family residence based on the loan details presented. The rate/APR is based on a variety of assumptions and conditions and is subject to change. Your rate/APR will be determined by your transaction's specific characteristics.

IMPORTANT INFORMATION ABOUT THE CONFORMING FIXED-RATE LOAN:

1

This is a fixed-rate loan with fixed monthly principal and interest payments for the life of the loan. Loan amounts available up to $453,100 on 1-unit properties and up to $679,650 on 1-unit properties only in certain high-cost counties in CA and WA.

Example: For a $250,000 30-year Conforming Fixed-Rate mortgage loan at X.XXX%X.XXX% / X.XXX%X.XXX% APR (effective XX/XX/201X), the monthly principal and interest payment for 360 months would be $X,XXX.XX$X,XXX.XX. Payment amount does not include homeowners insurance or property taxes, which must be paid in addition to the monthly payment.

IMPORTANT INFORMATION ABOUT THE CONFORMING 7/1 ARM LOAN:

2

This is an adjustable-rate loan. The interest rate can increase after consummation and your payments would increase accordingly. Loan amounts on 1-unit properties range from $453,100 up to $679,650 in certain high-cost counties in CA.

Example: For a $250,000 30-year 7/1 ARM with an initial fixed-rate of X.XXX%X.XXX% / X.XXX%X.XXX% APR (effective XX/XX/201X), the monthly principal and interest payment for the first 7 years would be $X,XXX.XX$X,XXX.XX. In years 8 through 30, your interest rate can change annually based on the market index plus a margin. The future index value isn't known, but the first adjusted interest rate based on the index value on XX/XX/201X would be X.XXX%X.XXX% resulting in a first adjusted monthly payment of $X,XXX.XX$X,XXX.XX. These monthly payment amounts do not include homeowners insurance or property taxes, which must be paid in addition to the monthly payment.

IMPORTANT INFORMATION ABOUT THE ECONOMIC OPPORTUNITY MORTGAGE® LOAN:

3

This is a fixed-rate loan with fixed monthly principal and interest payments for the life of the loan. Loan amounts available on 1-unit properties up to $453,100 for refinance transactions and up to $500,000 for purchase transactions. In certain high-cost counties in CA and WA higher loan amounts may be available. Ask your Union Bank Mortgage Consultant for details. You may be eligible for the EOM program if either your property is located in a designated census tract, or if your annual household income meets certain income limits for the county where your property is located. On purchase transactions and no cash-out refinances, 97% financing is available on single-family residences (excluding manufactured homes), PUDs, and condominiums; 90% financing is available on manufactured homes and 2-unit properties; and 80% financing is available on 3-4 unit properties. On cash-out refinances, 80% financing is available on 1-2 unit properties, and 75% financing is available on 3-4 unit properties. Property must be owner-occupied. Minimum credit score requirements apply for loans over 90% LTV. Mortgage insurance is not required for loans exceeding 80% LTV.

IMPORTANT INFORMATION ABOUT HOMEREADY®:

4

This is a fixed-rate loan with fixed monthly principal and interest payments for the life of the loan. You may be eligible for a HomeReady loan if the subject property is located in a low-income census tract or you meet certain income limits for the census tract in which the subject property is located. Loan amounts available up to $453,100 on 1-unit properties. HomeReady loans are available only for purchase transactions and limited cash-out refinances that will be secured by the subject property. For SFRs, PUDs and condominiums, 97% financing is available on purchase transactions and 95% financing is available on limited cash-out refinances. 85% financing is available on 2-unit properties and 75% financing is available on 3-4 unit properties. Minimum credit score and reserve requirements may apply. Mortgage insurance is required for loans exceeding 80% LTV. Income from non-borrowing household members may be considered. Non-borrower must provide documentation of income, and sign a statement of their intent to reside with the borrower(s) for a minimum of 12 months. Non-borrower income must be at least 30% of the qualifying income and may only be utilized on loans with an automated underwriting approval. Non-borrower income is not part of the qualifying income and is not subject to applicable income limits. Additional requirements apply. Funds required to close may be gift funds from an eligible donor or from an approved down payment assistance (DAP) program. If these requirements are not met, a contribution of up to 3% from the borrower's own funds will be required. No minimum borrower contribution applies only to 1-unit properties. Non-occupying co-borrower income is included when calculating the income limitations and allowed on purchase and limited refinance transactions.

IMPORTANT INFORMATION ABOUT THE FHA FIXED-RATE LOAN:

5

This is a fixed-rate loan with fixed monthly principal and interest payments for the life of the loan. Loans available for purchase and refinance transactions of a primary residence. Maximum loan amounts are set by the FHA by county, and for a single-family residence range from $294,515 up to $679,650 for High-Cost CA counties. Eligible property types include SFRs, PUDs, attached condominiums (must be an FHA-approved project per FHA Connection), detached condominiums, and 2-4 unit properties. This loan program requires mortgage insurance including a one-time up-front Mortgage Insurance Premium (MIP) as well as monthly mortgage insurance that is payable with your monthly loan payment. Monthly mortgage insurance is required for 11 years for loans up to 90% LTV, and for the life of the loan for loans greater than 90% LTV. Ask your Mortgage Consultant for further details.

IMPORTANT INFORMATION ABOUT THE VA LOAN:

6

The VA home loan is an entitlement for qualified veterans and spouses. For eligibility and entitlement amount, please speak with a Mortgage Consultant or go to http://www.benefits.va.gov/homeloans/purchaseco_certificate.asp. We offer fixed-rate loans with fixed monthly principal and interest payments for the life of the loan and adjustable-rate loans in which the interest rate can increase after consummation and your payments will increase accordingly. VA county loan limits apply. A higher loan amount is available if the veteran makes a down payment. The maximum loan limit for VA is $1,500,000. Please check the VA loan limits website at http://www.military.com/money/va-loans/home-purchase/va-loan-limits-for-high-cost-counties.html. The property must be owner-occupied. Eligible property types include SFRs, PUDs, attached or detached condominiums, and 2-4 unit properties. No manufactured homes. Minimum credit score, reserve requirements, and other restrictions may apply.

This loan program requires a one-time VA Funding Fee (VAFF) at closing which can financed into the loan. A veteran may be exempt from paying the VA funding fee if they are disabled due to a service-related injury. Ask your Mortgage Consultant for further details. Maximum LTV/CLTV is 100% on VA purchase loans with a CLTV of 105% with an approved government down payment assistance program (DAP). Cash-out refinances are max LTV/CLTV of 90%. Mortgage insurance is not required.

Contact your Union Bank Mortgage Consultant for current rate information (including personalized rate quotes) and for questions about loan terms & conditions or rate locks.

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