We are pleased to expand our portfolio with this new 30-year jumbo fixed-rate mortgage, which reflects our continued commitment to providing mortgages to homeowners in the markets that we serve.
San Francisco, CA (Vocus/PRWEB) February 16, 2011
Union Bank, N.A. today announced the offering of a new, fully amortized 30-year fixed-rate home loan* to better meet the needs of its customers looking to buy a new home or refinance an existing mortgage with loan amounts up to $5 million. This mortgage is available for the purchase or refinancing of one- to four-unit residential properties and includes primary residences, vacation homes, and investment properties.
“We are pleased to expand our portfolio with this new 30-year jumbo fixed-rate mortgage, which reflects our continued commitment to providing mortgages to homeowners in the markets that we serve,” said Executive Vice President James H. Francis, Union Bank’s head of consumer lending.
In addition to the 30-year loan, Union Bank also offers 20-year and 25-year terms in its current jumbo fixed-rate product portfolio. To learn more about the new Union Bank 30-year jumbo fixed-rate mortgage loan visit http://www.unionbank.com/mortgage or call 1-866-UB-LOANS.
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $79.1 billion at December 31, 2010. Its primary subsidiary, Union Bank, N.A., is a full service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 401 banking offices in California, Washington, Oregon and Texas, as well as two international offices, on December 31, 2010. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial organizations. Visit http://www.unionbank.com for more information.
*Loans subject to credit and collateral approval. Financing available for collateral located in CA, OR, or WA. Restrictions may apply. Terms and conditions subject to change.
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