Pre-recorded Home Buying Webinar

Home Buying Webinar

Presented by Michael Mendenhall and Patricia Jacobs

Michael Mendenhall of Keller Williams Realty and Patricia Jacobs from Provident Credit Union cover the knowledge you need to take advantage of the current home buying conditions. This webinar will guide you through the home buying process, with topics including:

  • Loan pre-approval and applying for a mortgage

  • How to qualify

  • Forms and the purchase contract

  • Details of the loan process

  • Private mortgage insurance (PMI)

  • Financing choices — choosing the right loan for you

Updated 3/20/2025

Patricia Jacobs

Mortgage Consultant

NMLS 1242505

Email

Phone: (650) 508-7251

Fax: (650) 508-7292

Patricia has over 32 years of experience in the mortgage industry and a strong background in loan operations and customer service. Patricia is bilingual and fluent in Vietnamese.

Apply with Patricia Jacobs

Patricia has offices in:

  • Fremont Branch

  • San Jose Branch

  • Folsom Branch

  • Interest rate may change during the life of the loan.

  • Monthly payments may increase or decrease based on interest rate changes.

This may make the difference in being able to afford your first home or upgrade to a bigger home. Don't give up the security of a fixed payment during the first years of the mortgage.

We’re here to answer your questions and help you understand your options. Call (800) 632-4600, option 1‑2703.

Mortgage Period of Fixed Rate Period of Adj. Rate Adjustment Frequency
7/23 7 23 Every 12 Months
30-Year 5/5 5 25 Every 5 Years
40-Year 5/5230 5 35 Every 5 Years
30-Year 10/10 10 20 Every 10 Years
40-Year 10/10230 10 30 Every 10 Years

Fixed/Adjustable Mortgages

These loans offer a low rate that stays fixed for five to ten years, then converts to an adjustable rate.

This loan option offers a very stable rate and payment over the life of the loan. Even as the overall rate environment changes, your rate and loan payment remain unchanged. 

Need help deciding which one is right for you? Call (800) 632-4600, option 1-2703

  • 10-Year Fixed Rate Mortgage

  • 15-Year Fixed Rate Mortgage

  • 20-Year Fixed Rate Mortgage 

  • 30-Year Fixed Rate Mortgage

Fixed Rate Mortgages available for non-owner occupied as well. 

Features

  • Fixed rate for the term of the loan

  • Multiple term options available

  • Principle and interest payments remain fixed for the life of the loan

Fixed Rate Mortgages

This type of loan appeals to the conservative borrower, those who will not move, or won't refinance for many years.

Our Home Purchase Advantage program can help you accomplish your goals. First-time home buyers and people interested in maximizing liquid assets can benefit.

We’re here to answer your questions and help you understand your options. Call (800) 632-4600, option 1-2703.

Features

  • Includes fixed and/or adjustable rate mortgages
  • Moderate to low income borrower program enhancements
  • Competitive pricing
  • Flexible options

Home Purchase Advantage

Provident’s new Home Purchase Advantage (HPA) program provides expanded purchasing power for our members.