Key features:
Less than 10% down payment options available
Escrow services included
Private Mortgage Insurance required for less than 20% down payment
Other Features:
- Available for purchases or refinances
- Terms as long as 30 years
- No prepayment penalty
Disclosures:
Subject to credit approval. Additional terms and conditions apply. Terms subject to change at any time without notice.
The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) requires employees of federally regulated lending institutions who act as a mortgage loan originators ("MLO") to register with the Nationwide Mortgage Licensing System and Registry ("Registry"). Each Mechanics Bank MLO is registered with the Registry and has a unique identification number. If you would like to review the background of any Mechanics Bank MLO, find the MLO’s unique identification number from the MLO list PDF and go to www.nmlsconsumeraccess.org to perform a search.