The mission of SESLOC Federal Credit Union is to be the financial institution and employer of choice in our community Ten San Luis Obispo residents gathered in 1942 to discuss forming a credit union. They wanted to provide a way for people of ordinary means to borrow at reasonable interest rates under thoroughly honest and fair conditions.
On January 8, 1943, thirty-two San Luis Obispo County school employees were present when Superintendent Charles E. Teach called the first official meeting to order. They held the first election and began operations with assets of just $500. Six years later the acronym SESLOC was adopted, which stands for: School Employees of San Luis Obispo County.
While originally for those in education, SESLOC now offers services to everyone who lives, works or attends school in San Luis Obispo and Northern Santa Barbara Counties, as well as their families. Today, with over 56, 000 members and nearly 80 years of service to the community, SESLOC retains its commitment to providing valued financial services and education with honesty and integrity
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night...
NMLS 1795154