NOTICE

DUE TO CONCERNS OVER THE SPREAD OF COVID-19 CORONAVIRUS, SAN JOAQUIN POWER EMPLOYEES CU WILL NOT BE ALLOWING MEMBERS INTO THE BRANCH OFFICE UNTIL FURTHER NOTICE.  ALL APPLICATIONS, SUPPORTING DOCUMENTATION, AND OTHER PAPERWORK MUST BE SUBMITTED TO A CREDIT UNION EMPLOYEE VIA FAX OR EMAIL.  WITHDRAWAL OF FUNDS WILL BE MAILED TO THE ADDRESS OF RECORD ON THE ACCOUNT OR HANDED TO A MEMBER THROUGH THE MAIL SLOT.

San Joaquin Power Employees Credit Union

PG&E credit union since 1934

Online Account Access

Home Loan Policy

All loans are 0/5 Adjustable Rate Mortgages.

Any signer on a real estate loan must be eligible for membership in this credit union.

APR = Annual Percentage Rate
CLTV = Cumulative Loan To Value

INFORMATION SUBJECT TO CHANGE

First Mortgage Owner Occupied
Max. Loaned* Max. Term APR % Max. CLTV%
$484,350 15 Year 3.00% 80%
$484,350 30 Year 3.00% 80%

* The Maximum Loan amount is $484,350 for “most counties.”

First Mortgage Non-Owner Occupied
Max. Loaned* Max. Term APR % Max. CLTV%
$484,350 15 Year 3.00% 70%
$484,350 30 Year 3.13% 70%

* The Maximum Loan amount is $484,350 for “most counties.”

Home Equity Loan-Owner Occupied
Max. Loaned Max. Term APR % Max. CLTV%
$100,000 10 Year 4.00% 80%
$100,000 20 Year 4.00% 80%

 

Solar Home Equity Loan-Owner Occupied
Max. Loaned Max. Term APR % Max. CLTV%
$50,000 10 Year 4.00% 85%
$50,000 20 Year 4.00% 85%

 

Home Equity Loan Non-Owner Occupied
Max. Loaned Max. Term APR % Max. CLTV%
$100,000 10 Year 5.13% 70%
$100,000 20 Year 6.13% 70%

 

Unimproved Property Loan
Max. Loaned Max. Term APR % Max. CLTV%
$50,000 10 Year 6.13% 60%
$50,000 20 Year 7.13% 60%