Jumbo Home Loans

Our Jumbo Loan rates have never been lower!* Learn more

Dream Home - Bay Fed Jumbo Loans
Beautiful Beach Home
Bay Federal Credit Union offers a full product line of local Home Loans solutions to best serve its members. Whether you are looking to buy a new home or refinance in California, our Home Loans options provide competitive rates, timely underwriting, and excellent member service.

Bay Federal Home Loans

  • Fixed Rate Loans

  • Jumbo Home Loans

  • 5/1 & 7/1 Adjustable Rate Mortgages

  • 5/5 Adjustable Rate Mortgages

  • Manufactured Home Loans

  • Second Mortgages

  • Equity Lines of Credit

If you would like a Bay Federal Home Loan Consultant to contact you, please complete and submit the following information. Please know we can only assist with home purchases or refinances in the state of California.


All loans are subject to approval of credit, income verification, assets, and property valuation. Bay Federal Credit Union membership required. For more information, visit any Bay Federal Credit Union branch or 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.

* 97% financing is available to qualified first-time home buyers with a credit score of 620 or greater who meet underwriting approval and eligibility criteria. Loan amounts up to $453,100. Requires mortgage insurance approval. Property must meet specific occupancy and unit requirements.

† 95% financing is available to qualified home buyers with a credit score of 620 or greater who meet underwriting approval and eligibility criteria for the purchase of a 1 unit residence. Requires mortgage insurance approval. Loan amounts up to $679,650 are available for homes purchased in Santa Cruz and San Benito counties. Loan amounts may vary for property in other counties.

‡ Mortgage Insurance is not required on a 30-year 5/5 Adjustable Rate Mortgage (ARM) when providing a 10% down payment on loan amounts up to $679,650 with credit scores of 700 or greater. 5/5 ARM loans are fixed for the first 5 years and are variable thereafter, adjusting every 5 years for a 30-year mortgage. Your annual percentage rate may increase after the original fixed period by no more than 2 percentage points every 5 years, with a lifetime maximum adjustment of 5% during the life of the loan.

§ Mortgage insurance required for loan terms of 40 years. Please consult one of our Home Loan Consultants for more information.

** Manufactured homes must be built after 6/15/1976 and be real property.

†† A 30-year term is available only for manufactured homes on real property.

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