Spring-2023

C A R M E L M A G A Z I N E • S P R I N G 2 0 2 3 155 831.479.6000 or toll-free at 888.4BAYFED, ext. 304 www.bayfed.com/HomeLoans Home Lending Partners that Work for You Check out our First Time Homebuyer Program and apply today! First Time Homebuyers who finance through Bay Federal save an average of $ 4,000 * in closing costs! ** *Closing cost savings based on average loan amount of $458,100. Annual Percentage Rate (APR) of 5.521%, on a 30 year Àxed First Time Home Buyers Program. Actual savings may vary. ** No closing costs include lender fees, appraisal fees, title fees, and escrow fees. First Time Homebuyer Program available to those that have not owned a property in the last three years. Offer valid on owner-occupied single-family residences for those with a credit score of 680+. Maximum loan amounts up to $970,800 in Santa Cruz and San Benito Counties, and $854,450 in Monterey County. Mortgage insurance required for loan amounts greater than 80% loan to value. Offer applicable on purchase transactions in the State of California. Offer not available on reÀnances. Other restrictions may apply. Terms and conditions are subject to change without notice. All loans are subject to approval of credit, income veriÀcation, and property valuation. Bay Federal Credit Union membership required at the time of closing. For more information call a Bay Federal Home Loan Consultant at 831.479.6000, or toll-free at 888.4BAYFED, extension 304. Bay Federal Credit Union is registered with the Nationwide Mortgage Lending System (NMLS). Bay Federal Credit Union ID #403635. Custom Painting & General Construction Interior Design • Remodels • Additions Deck Designs + Build • Waterproofing WE MAKE YOUR VISION BECOME A REALITY. Serving the Monterey Peninsula and Providing an Unmatched Level of Quality and Customer Satisfaction CALL FOR A FREE ESTIMATE (831) 383-1825 Lic #1036310, C33 and B