Purchase Loans

Disclosures

For the following examples, the interest rate and annual percentage rate were calculated using a sample loan of $417,000 based on the loan term indicated and a loan-to-value ratio of 75%. This assumes the purchase of an owner-occupied, one-unit, single family residence in California and that the applicant has a FICO score of 740 or above.

The monthly payments shown here do not include amounts for taxes and insurance premiums. If you choose not to include the payment of taxes and insurance in your monthly loan payment amount, it is important to know that you will be responsible for the timely payment of the taxes and insurance and that these costs may be substantial.

Rates include the OneWest Bank Relationship Discount of 0.25% off the rate for Fixed-Rate Mortgages and 0.25% off the initial fixed-rate on Adjustable-Rate Mortgages. This offer is contingent upon you opening or having an existing OneWest Bank checking account or Premium Money Market account and you must enroll in automatic payments (ACH) from your OneWest Bank account for your new home loan at the time of closing for your new loan.

The rates displayed require the establishment of an escrow account upon closing. Rates and terms subject to change without notice. Not all applicants will qualify for financing or the rate shown. However, a 60-day rate lock is guaranteed for those who qualify.

30-Year Fixed-Rate Mortgage

The 30-Year Fixed Mortgage provides for fixed, fully amortizing principal and interest payments for the life of the loan. Based on a sample rate of 3.675 % (APR 3.723 %) with 0.168 % points, which are included in the closing costs of $2,477.00 (not including additional third-party settlement charges), the monthly payment would be $1,913.00. Rates and points are as of 11/15/2017 03:11:26 PM and are subject to change without notice.

25-Year Fixed-Rate Mortgage

The 25-Year Fixed Mortgage provides for fixed, fully amortizing principal and interest payments for the life of the loan. Based on a sample rate of 3.675 % (APR 3.731 %) with 0.168 % points, which are included in the closing costs of $2,477.00 (not including additional third-party settlement charges), the monthly payment would be $2,127.00. Rates and points are as of 11/15/2017 03:11:26 PM and are subject to change without notice.

20-Year Fixed-Rate Mortgage

The 20-Year Fixed Mortgage provides for fixed, fully amortizing principal and interest payments for the life of the loan. Based on a sample rate of 3.600 % (APR 3.649 %) with 0.012 % points, which are included in the closing costs of $1,826.00 (not including additional third-party settlement charges), the monthly payment would be $2,440.00. Rates and points are as of 11/15/2017 03:11:26 PM and are subject to change without notice.

15-Year Fixed-Rate Mortgage

The 15-Year Fixed Mortgage provides for fixed, fully amortizing principal and interest payments for the life of the loan. Based on a sample rate of 3.150 % (APR 3.215 %) with 0.030 % points, which are included in the closing costs of $1,901.00 (not including additional third-party settlement charges), the monthly payment would be $2,910.00. Rates and points are as of 11/15/2017 03:11:26 PM and are subject to change without notice.

10-Year Fixed-Rate Mortgage

The 10-Year Fixed Mortgage provides for fixed, fully amortizing principal and interest payments for the life of the loan. Based on a sample rate of 3.025 % (APR 3.138 %) with 0.117 % points, which are included in the closing costs of $2,264.00 (not including additional third-party settlement charges), the monthly payment would be $4,031.00. Rates and points are as of 11/15/2017 03:11:26 PM and are subject to change without notice.