Comstock's magazine 0919 - September 2019 | Page 10

NEW NEIGHBORS, MEET NEW OPPORTUNITY For years, Veritas Accounting has helped small- and medium-sized Sacramento businesses optimize returns and results as if we were part of their own team. In fact, it worked so well we’re bringing the same expertise to Fairfield. Solano County, say hello to your new neighbor. If you want accounting, finance and payroll done right, Veritas is here to help. Volume 31 Number 9 PRESIDENT & PUBLISHER Winnie Comstock-Carlson, Ext. 101 [email protected] EXECUTIVE EDITOR Tom Couzens, Ext. 112 MANAGING EDITOR Sena Christian, Ext. 110 SPECIAL SECTIONS EDITORS Shoka Shafiee, Ext. 104 Eva Roethler DIGITAL EDITOR Matthew Keys, Ext. 106 ART DIRECTOR Kelly Barr [email protected] MULTIMEDIA DESIGNER Jason Balangue, Ext. 105 EDITORIAL DESIGNER Marissa Lewis, Ext. 108 9821 Business Park Drive, Suite 160 Sacramento, CA 95827 4830 Business Center Drive, Suite 145 Fairfield, CA 94534 916.854.4584 • veritasacct.com VICE PRESIDENT & DIRECTOR OF BUSINESS DEVELOPMENT Clayton Blakley, Ext. 109 [email protected] DIRECTOR OF KEY ADVERTISING ACCOUNTS Valerie Reynoso Piotrowski, Ext. 102 [email protected] For more information about advertising, send an email to [email protected] MARKETING SPECIALIST Guinnevere King, Ext. 111 ACCOUNTING DEPARTMENT [email protected] 4.25 % Initial APR* CIRCULATION DEPARTMENT Tamara Duarte, Ext. 107 CONTRIBUTING WRITERS Judy Farah, Jennifer Fergesen, Luis Gael Jimenez, Jessica Kriegel, Laurie Lauletta-Boshart, Suzanne Lucas, Steve Martarano, Bill Sessa, Jeff Wilser, Steven Yoder CONTRIBUTING PHOTOGRAPHERS Debbie Cunningham, Terrence Duffy, Tia Gemmell, Mike Graff, Fred Greaves, Zach Leighton, Steve Martarano, Charles Vincent McDonald, Ryan Angel Meza CONTRIBUTING ILLUSTRATOR Melinda Arendt PRINTING Commerce Printing Sacramento, Calif. commerceprinting.com Published by Comstock Publishing Inc. 2335 American River Dr., Suite 301 Sacramento, CA 95825 [phone] Fax [phone] comstocksmag.com *The initial Annual Percentage Rate (APR) is currently 4.25% for a new Home Equity Line of Credit (HELOC), and is fixed for the first 5 years of the loan which is called the draw period. After the initial 5 year period, the APR can change once based on the value of an Index and Margin. The Index is the weekly average yield on U.S. Treasury Securities adjusted to a constant maturity of 10 years and the margin is 3.50%. The current APR for the repayment period is 5.25%. The maximum APR that can apply any time during your HELOC is 10%. A qualifying transaction consists of the following conditions: (1) the initial APR assumes a maximum HELOC of $150,000, and a total maximum Loan-to-Value (LTV) of 70% including the new HELOC and any existing 1st Deed of Trust loan on your residence; (2) your residence securing the HELOC must be a single-family home that you occupy as your primary residence; (3) if the 1st Deed of Trust loan is with a lender other than El Dorado Savings Bank, that loan may not exceed $200,000 and may not be a revolving line of credit. Additional property restrictions and requirements apply. All loans are subject to a current appraisal. Property insurance is required and flood insurance may be required. Rates, APR, terms and conditions are subject to change without notice. Other conditions apply. A $525 early closure fee will be assessed if the line of credit is closed within three years from the date of opening. An annual fee of $75 will be assessed on the first anniversary of the HELOC and annually thereafter during the draw period. Ask for a copy of our “Fixed Rate Home Equity Line of Credit Disclosure Notice” for additional important information. Other HELOC loans are available under different terms. 10 comstocksmag.com | September 201 9 Comstock’s magazine covers commerce and community in the counties of Amador, El Dorado, Nevada, Placer, Sacramento, San Joaquin, Solano, Sutter, Yolo and Yuba, known as California’s Capital Region. Comstock’s is published monthly by Comstock Publishing Inc, 2335 American River Dr., Ste. 301, Sacramento, CA. 95825. Comstock’s Volume 31, No.9. A one year subscription to Comstock’s is $25 per year; a single copy is $4.95 plus postage, plus tax (if applicable). All rates are payable in U.S. funds. Publisher is not responsible for unsolicited manuscripts and artwork. ©2019 by Comstock Publishing Inc. No part of this publication may be reproduced without the written permission of the publisher.