Adjustable Rate Mortgage 5-1

^{*All loans subject to credit approval and some restrictions may apply. Sierra Central fees include, but are not limited to, processing fees, underwriting fees, and closing documentation fees. Maximum loan amount of $766,650.    APR =Annual Percentage Rate. All mortgage rates are based on a 60-day rate lock. Rates are subject to change at any time. LTV = Loan to Value ratio. Private mortgage insurance is required for loans over 80% LTV and are subject to certain restrictions for approval. Example First Mortgage Loan. Purchase a property, with a loan amount of $160,000 and an estimated property value of $200,000, with a 20% down payment equal to $40,000. The property is in Yuba City, CA. The property is an existing single-family residence and will be used as a primary residence. The assumed credit score is 740. At a 6.875% interest rate, the APR for this loan type is 6.940%. The initial payment for the first five years is $1,051.09 (Principal and Interest) per month followed by 12 payments at $1,148.44 (Principal and Interest) per month followed by 287 payments at $1,644.61 and 1 payment at $1,644.61. The example was based on 80% LTV and program allows up to 97% LTV. We reserve the right to correct printing errors. Membership open to anyone who lives, works, worships or attends school in any of our branch location counties. Membership and/or participation fees may apply. Other restrictions may apply; must meet account opening criteria to join. Any rates, fees, and terms subject to certain criteria and may vary. Equal Housing Opportunity. NMLS#786202}