High LTV Home Financing
100% Home Loan - Financing Made Simple
Don’t let a down payment hold you back—get up to 100% financing when you pair this loan with your Meriwest mortgage.
- 8.50% APR* Fixed Rate
- You can borrow up to $350,000 and the term is 20 years
- Borrow up to 100% of the purchase amount1
- Primary mortgage must be with Meriwest
Why Choose Our High LTV Equity Loan?
Take advantage of this unique opportunity when you choose Meriwest for your primary home mortgage.
Get the borrowing power you need:
- Down payment assistance to finance your dream home
- No borrower paid mortgage insurance required
- Fixed rate to help you to manage payments2
Call 877-MERIWEST (877-637-4937), visit any convenient Meriwest Branch, or apply online below to lock-in your low rate!
Apply NowYour actual rate, payment, and costs could be higher. Get an official Estimate before choosing a loan. Loan and Interest calculators are for estimation purposes only.
* APR is Annual Percentage Rate. An APR of 8.50% is effective for qualified borrowers with a score of 720 or higher. This rate is fixed for the full 20-year term. The loan is available for High LTV equity loans (90–100% LTV) and applies only to primary residences. Eligible property types include single-family homes and townhomes.
Monthly payment of $3,037.38 based on a $350,000 loan amount for 240 months at 8.50% APR.
Must meet eligibility criteria. Contact the credit union for details.
This is a limited time offer and may be changed or terminated without prior notice. This loan is not available for purchase of vacation (secondary) homes or investment properties.
1.Maximum loan amount for the Meriwest 100% Home LTV Loan is $350,000. Monthly payment of $3,037.38 based on a $350,000 loan amount for 240 months at 8.50% APR. Payments consist of principal and interest. A full appraisal is required, and the borrower is responsible for appraisal fees.
Rate is fixed for the full 20-year term. Must meet eligibility criteria. Contact the credit union for details. The payments do not include taxes and insurance and the actual payment obligation may be higher.
Membership is required, with a one-time non-refundable $5 fee. Offer of credit is subject to credit approval.
People Usually Ask:
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What is a High‑LTV Home Equity Loan from Meriwest?
A High-LTV (loan-to-value) loan allows you to finance up to 100% of your mortgage by providing financing for down payment when your primary home mortgage is with Meriwest.
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How much can I borrow with Meriwest’s High LTV Loan ?
You can borrow $350,000 and 20 years.
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Are the interest rates fixed?
Yes. Meriwest offers fixed-rate loans for lump-sum disbursement, giving you predictable monthly payments throughout the loan term.
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How can I qualify for a loan?
Loan qualifications differ depending on which loan you are applying for. The best way to know if you qualify is to apply!
There is no cost to apply, and our Financial Service Representatives will work with you and discuss your options.
Join Our Family!
Membership is required for Meriwest products and services. You are eligible to join Meriwest Credit Union if any of the following applies:
- You live, work, worship, or attend school in Alameda, Contra Costa, San Francisco, San Mateo and Santa Clara counties of Northern California, and Pima county of Arizona.
- You are an employee of a participating Meriwest Credit Union member company.
- You are a relative of or reside with a current member of Meriwest Credit Union.
- If you don’t meet any of the requirements above but live in California or Arizona, you can still join Meriwest with a complimentary membership in the Financial Fitness Association. Call 1-877-637-4937 to learn more.
