Point Loma Credit Union - Mortgage Rates October 22, 2015

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1 Point Loma Credit Union - Mortgage Rates Home loans are available on residential zoned properties located in California. All applications are subject to lending criteria approval including, but not limited to, credit history, property approval, and loan-to-value. Interest rates disclosed below are those extended only to our most creditworthy applicants. The rate you qualify for may be higher than the rates listed below based on such factors as, though not limited to, loan-to-value, credit score, property and occupancy type, the presence of subordinate financing, and cash-out refinance transactions. The Annual Percentage Rates (APRs) presented are for owner-occupied properties unless stated otherwise. The APRs reflect fees of $393, which consist of $18 for flood determination, $75 for tax service, and a $300 processing fee. The APRs also reflect any points (including origination and discount fees) listed. All rates, terms and conditions presented are effective 10/22/2015 and are subject to change without notice. Loans with loan-to-value over 80% require mortgage insurance at the borrower's expense and are limited to a maximum of $850,000. Flood, property hazard and/or mortgage insurance may be required and may result in a higher APR. If the loan includes an escrow impound account, any changes to the cost of real estate taxes and insurance may affect the total monthly payment amount. Please call the Real Estate Department at (858) for specific program terms, features and restrictions or for information about other available rates and programs. Interest-Only Maximum of $4,000,000 Interest-Only 4.000% 0.000% 4.006% $3.33 Payments are interest-only for the first three years before beginning full repayment (principal and interest) for the remaining term of the loan. Maximum term is 30 years. Interest rate will be higher for loan amounts in excess of $417,000. Maximum 80% LTV. Conforming Loans 30 Year Fixed 4.000% 0.000% 4.009% $ % 0.375% 3.915% $ % 1.000% 3.841% $ Year Fixed 4.000% 0.000% 4.012% $ % 0.375% 3.930% $ % 1.000% 3.877% $ Year Fixed 3.500% 0.000% 3.515% $ % 0.375% 3.445% $ % 1.000% 3.411% $ Year Fixed 3.250% 0.000% 3.272% $ % 0.375% 3.226% $ % 1.000% 3.233% $ Year Fixed 2.900% 0.000% 2.931% $ % 0.375% 2.916% $ % 1.000% 2.975% $ Year Fixed 2.850% 0.000% 2.892% $ % 0.375% 2.919% $ % 1.000% 3.049% $17.79 Maximum term is 30 years. Interest rate will be higher for loan amounts in excess of $417,000.Maximum 95% LTV restrictions based on loan amount, property type, and loan purpose apply. Please contact us for further information. LTVs in excess of 80% require mortgage insurance at an additional cost. 97% LTV is also available. Additional restrictions apply.

2 Point Loma Credit Union - Mortgage Rates Jumbo Loans Maximum Loan $4,000,000 Max Loan to $4,000, Year Fixed 4.250% 0.000% 4.256% $ % 0.375% 4.163% $ % 1.000% 4.090% $ Year Fixed 4.250% 0.000% 4.259% $ % 0.375% 4.177% $ % 1.000% 4.125% $ Year Fixed 4.000% 0.000% 4.011% $ % 0.375% 3.941% $ % 1.000% 3.909% $ Year Fixed 4.000% 0.000% 4.016% $ % 0.375% 3.971% $ % 1.000% 3.980% $ Year Fixed 3.150% 0.000% 3.161% $ % 0.375% 3.090% $ % 1.000% 3.055% $ Year Fixed 3.100% 0.000% 3.116% $ % 0.375% 3.070% $ % 1.000% 3.076% $9.59 Our Rate Lock Program allows your interest rate and points to be 'Locked In' by you, at the time of application, for 45 days. The rate lock is for interest rate and points only and is subject to the credit union's approval of your creditworthiness, verification of the information provided on your application, and a satisfactory property appraisal. The interest rate may be subject to change if any information obtained during the processing or underwriting of your application differs from that which you provided and/or results in loan-level pricing adjustments. Factors that may result in such pricing adjustments include, but may not necessarily be limited to, loan-to-value, credit score, property and occupancy type, the presence of subordinate financing, and cash-out refinance transactions. You will be informed of any such adjustments if and when they become known to us.

3 Point Loma Credit Union - Mortgage Rates-ARM Home loans are available on residential zoned properties located in California. All applications are subject to lending criteria approval including, but not limited to, credit history, property approval, and loan-to-value. Interest rates disclosed below are those extended only to our most creditworthy applicants. The rate you qualify for may be higher than the rates listed below based on such factors as, though not limited to, loan-to-value, credit score, property and occupancy type, the presence of subordinate financing, and cash-out refinance transactions. The Annual Percentage Rates (APRs) presented are for owner-occupied properties unless stated otherwise. The APRs reflect fees of $393, which consist of $18 for flood determination, $75 for tax service, and a $300 processing fee. The APRs also reflect any points (including origination and discount fees) listed. All rates, terms and conditions presented are effective: 10/22/2015 and are subject to change without notice. Loans with loan-to-value over 80% require mortgage insurance at the borrower's expense and are limited to a maximum of $850,000. Flood, property hazard and/or mortgage insurance may be required and may result in a higher APR. If the loan includes an escrow impound account, any changes to the cost of real estate taxes and insurance may affect the total monthly payment amount. Please call the Real Estate Department at (858) for specific program terms, features and restrictions or for information about other available rates and programs. 1/1 Adjustable Rate Maximum of $4,000,000 1/1 Adjustable Rate 2.000% 0.000% 2.968% $3.70 Fixed for the first year and may adjust every year thereafter. This rate may vary and has a 1% maximum annual cap and a 6% lifetime cap. 3/1 Adjustable Rate Maximum of $4,000,000 3/1 Adjustable Rate 2.500% 0.000% 2.963% $3.95 Fixed rate for the first 3 years and may adjust every year thereafter. This rate may vary and has a 2% maximum annual cap and a 5% lifetime cap. 5/1 Adjustable Rate Maximum of $4,000,000 5/1 Adjustable Rate 3.000% 0.000% 2.987% $4.22 Fixed for the first 5 years and may adjust every year thereafter. This rate may vary and has a 2% maximum annual cap and a 5% lifetime cap. 5/5 Adjustable Rate Maximum of $4,000,000 5/5 Adjustable Rate 2.750% 0.000% 3.968% $4.22 Fixed for the first 5 years and may adjust every 5 years thereafter. This rate may vary and has a 2% maximum annual cap and a 5% lifetime cap. 7/1 Adjustable Rate Maximum of $4,000,000 7/1 Adjustable Rate 3.250% 0.000% 3.016% $4.35 Fixed for the first 7 years and may adjust every year thereafter. This rate may vary and has a 2% maximum annual cap and a 5% lifetime cap.

4 Point Loma Credit Union - Mortgage Rates-ARM 10/1 Adjustable Rate Maximum of $4,000,000 10/1 Adjustable Rate 3.500% 0.000% 3.099% $4.49 Fixed for the first 10 years and may adjust every year thereafter. This rate may vary and has a 2% maximum annual cap and a 5% lifetime cap. 3/27 - First Time Home Buyer Mortgage 3/27 Adjustable Rate 3.500% 0.000% 3.956% Maximum term is 30 years. Please contact us for applicable loan limits if the property you are financing is located in another county within the state of California. The interest rate is fixed for the first three years prior to a one time increase of.50% for the remaining term of the loan. However, at no time will the adjusted interest rate be less than 4% for loan amounts up to $417,000. Interest rate will be higher for loan amounts in excess of $417,000. Lender pays non-recurring closing costs, which include all lender costs except prepaid interest and impounds. Maximum LTV 95%.

5 Point Loma Credit Union - Mortgage Rates-2 Investment Properties / Non Owner-Occupied 30 Year Fixed 4.500% 1.500% 4.639% $5.07 Term is 30 Years. Interest rate will be.625% higher for loan amounts in excess of $417,000. Other restrictions apply. Please contact us for further information. Maximum LTV 80% Non Owner-Occupied 1/1 Maximum of $4,000, % 1.500% 3.589% $5.07 Fixed for the first year and may adjust every year thereafter. This rate may vary and has a 1% maximum annual cap and a 6% lifetime cap. Maximum 80% LTV restrictions based on loan amount, property type, and loan purpose apply. Please contact us for further information. Non Owner-Occupied 3/1 Maximum of $4,000, % 1.500% 3.584% $4.22 Fixed rate for the first 3 years and may adjust every year thereafter. This rate may vary and has a 2% maximum annual cap and a 5% lifetime cap. Maximum 80% LTV restrictions based on loan amount, property type, and loan purpose apply. Please contact us for further information. Non Owner-Occupied 5/1 Maximum of $4,000, % 1.500% 3.609% $4.49 Fixed for the first 5 years and may adjust every year thereafter. This rate may vary and has a 2% maximum annual cap and a 5% lifetime cap. Maximum 80% LTV restrictions based on loan amount, property type, and loan purpose apply. Please contact us for further information. Non Owner-Occupied 7/1 Maximum of $4,000, % 1.500% 3.638% $4.63 Fixed for the first 7 years and may adjust every year thereafter. This rate may vary and has a 2% maximum annual cap and a 5% lifetime cap. Maximum 80% LTV restrictions based on loan amount, property type, and loan purpose apply. Please contact us for further information. Non Owner-Occupied 10/1 Maximum of $4,000, % 1.500% 3.722% $4.77 Fixed for the first 10 years and may adjust every year thereafter. This rate may vary and has a 2% maximum annual cap and a 5% lifetime cap. Maximum 80% LTV restrictions based on loan amount, property type, and loan purpose apply. Please contact us for further information.

6 Point Loma Credit Union - Mortgage Rates-3 Super HELOC Home Equity Line of Credit (Super HELOC) 4.000% 0.000% 4.000% The above Home Equity Line of Credit products are only available for owner-occupied 1-family and condominium units. This rate may vary and is.25% above Wall Street Prime and has a lifetime cap of 6% above the initial rate. However, at no time will the interest rate be less than 4%. 25 year maximum. Maximum combined LTV 80%. Maximum loan $250,000. Interest-Only Super HELOC Home Equity Line of Credit (Super HELOC) 4.000% 0.000% 4.000% The above Home Equity Line of Credit products are only available for owner-occupied 1-family and condominium units. This rate may vary and is.25% above Wall Street Prime and has a lifetime cap of 6% above the initial rate. However, at no time will the interest rate be less than 4%. Interest-Only Payments. 25 year maximum. Maximum combined LTV 80%. Maximum loan $250,000. Fixed Rate Second Trust Deeds 15 Year Fixed 4.500% 0.000% 4.525% $7.65 Maximum Combined LTV 80%. $ fee required. Maximum loan $250,000. Non Owner-Occupied (NOO) Super HELOC NOO Home Equity Line of Credit (NOO Super HELOC) 4.750% 0.000% 4.750% The above Home Equity Line of Credit products are only available for investment 1-family and condominium units. This rate may vary and is 1.50% above Wall Street Prime and has a lifetime cap of 6% above the initial rate. However, at no time will the interest rate be less than 4%. 25 year maximum. Maximum combined LTV 70%. Maximum loan amount $49,500. Non Owner-Occupied Fixed Rate Second Trust Deeds 15 Year Fixed 5.750% 0.000% 5.750% $8.30 Maximum Combined LTV 60% for a maximum of $150,000 or 70% CLTV for up to $100,000. $ fee required.

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