Home Equity Line of Credit Loan

6.00

Serving

800.874.9779

*The initial Annual Percentage Rate (APR) is currently 6.00% for a new Home Equity Line of Credit (HELOC), and is xed for the rst 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 7.00%. The maximum APR that can apply any time during your HELOC is 12%. A qualifying transaction consists of the following conditions: (1) the initial APR assumes a maximum HELOC of $200,000, 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 $300,000, have a total maximum loan-to-value (LTV) of 65% 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 ood 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 $85 will be assessed on the rst 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.

The two floors are connected by a temporary steel circular staircase. Bariani plans to install a glass elevator and move the staircase to connect to the rooftop deck from the exterior.

Upstairs space is devoted to his daughter and her many activities and interests. Bariani spared no detail with fun and custom touches.

A second rooftop deck features a wood-framed hammock and stand with generous shade canopy.

The interior has minimalist white walls, dark tile floors in several patterns, and modern fixtures and lighting. In the bathrooms he used faux silk flowers in wall panels to provide a cheeky contrast to the sleek design.

“I hung bath fixtures from the wall to make cleaning easier,” Bariani says. “We are in the middle of farmland after all.”

Italian crystal light fixtures add a sparkle and warmth to the living room.

The interior isn’t quite finished. “All of the steel columns are going to be clad in wood to simulate the look of trees,” Bariani says. “I do all of this type of work myself by hand so I’m looking forward to some downtime from our business.”

The exterior is sleek and striking. Bariani sourced fiber cement cladding from Japan. The material was installed in both a rectangular cement color tile and in simulated redwood planking. “The wood finish helps warm up the exterior color scheme,” Bariani says. “And connects it to the farm.”

The location is adjacent to steel warehouses used by the farm. Bariani shares a driveway with the farm, and created a generous gravel courtyard to separate the home from farm buildings.

“I planted a long row of tall blue junipers that will grow and provide shade and create more separation,” he says. His other exterior plans include solar panels on shade pergolas and furnishing his rooftop decks for outdoor living.

Bariani says building with shipping containers used to be more costeffective than standard construction.

“But the cost of containers has skyrocketed, and it is no longer an affordable option.”

Country life seems to suit Bariani and his daughter. He enjoys the independence that comes with life outside the city. His long commute is over and there’s more time to work and for family.

“My daughter has loved the farm life since she was just a toddler running in the fields. At night it’s so dark and quiet out here compared to the city. The stars are beautiful, and we hear coyotes, raccoons and owls,” he says. “It is our piece of heaven.”

Cecily Hastings can be reached at publisher@insidepublications.com. To recommend a home or garden, contact editor@insidepublications. com. More photography and previous columns can be found and shared at InsideSacramento.com. Follow us on Facebook and Instagram: @insidesacramento. n