California Mortagage Loan Programs

Traditional Loans

Home Loan Purchase

Are you ready to buy your dream house? We have California mortgage loans from conforming loans all the way to no-money-down purchase loans. We will work closely with all parties involved in your purchase including your real estate agent, the seller's agent, attorney, escrow company, title company, and insurance agent to ensure a smooth closing for your home loan purchase. All of this helps us serve our home financing customers well - which is our number one priority.

Wide offering of home purchase loan programs, such as Fixed Rate Loans, Adjustable Rate Mortgages, Combination Loans (80/20, 80/15/5 etc), 100% Financing - we will find one to fit your situation!

Please call 800.368.8030 today to discuss your home purchase needs. We appreciate you and value the opportunity to serve you.

Mortgage Refinance

Home loan refinancing is needed from time to time due to the changing circumstances of life. We can help you refinance your existing mortgage and reduce your interest rate, your term, or even both. Take cash out, save even more if you use your refinancing to pay off credit card debt or other installment-type loans. That's because interest on your mortgage, whatever state you live in, is tax-deductible, and the interest on other loans is not.

Please call 800.368.8030 today to discuss your refinancing needs. We appreciate you and value the opportunity to serve you.

Home Equity Loans

A home equity loan can be either a line of credit (HELOC) or a true stand alone 2nd mortgage. Typically these loans are advantageous when you don't wish to change the rate and/or terms of your existing 1st mortgage. The additional advantage to this loan is that in most cases the interest paid is tax deductible. Discount Mortgage Funding can finance a home equity loan with your good, fair or even bad credit, often up to 100% of the value of your home. Speed and quality by our experienced staff makes it possible for us to "fit" a stand alone 2nd mortgage or home equity loan to suit your very individual needs. We will also prepare an amortization table for you to show you how much interest you can save with accelerated payments.

Please call 800.368.8030 today to discuss your home equity loan needs. We appreciate you and value the opportunity to serve you.

Specialty Loans

Investment/Rental Property

Put your money to work for you in an investment property. With today's low mortgage rates and rising real estate prices it is an ideal time to invest in property. Investment property provides a vehicle that allows you to enjoy the potential for market appreciation while building equity each month. Whether you are purchasing or refinancing a home, condo, or piece of land, Discount Mortgage Funding can help you find the right investment property financing option.

Please call 800.368.8030 today to discuss your investment property needs. We appreciate you and value the opportunity to serve you.

Option Arm - Cash Flow Maximizer Loan

This is the most flexible product available for your home mortgage needs. This loan is designed for those who demand maximum control and payment flexibility of their loan.

The Option Arm offers three different payment options each month:
Ø A minimum payment option, based on the starting rate of 1.0% for the first year
Ø An interest-only option
Ø A standard 30 year or 15 year amortization payment

Some benefits of the Option Arm include:
Ø Choice of payments gives you control
Ø Great for homeowners with irregular income streams
Ø Ideal for properties in high appreciation areas
Ø Can be used for purchases, cash out, re-fi's, investment properties
Ø Stated income available
Ø Maximum lifetime interest cap of 9.95%
Ø Rate is tied to the MTA (Monthly Treasury Average) index for maximum stability

Please call 800.368.8030 today to discuss the Option Arm and how it can help you. We appreciate you and value the opportunity to serve you.

Bad Credit Mortgage Loan

Do you have bad credit? Getting a mortgage loan with bad credit may seem like an unattainable goal. It is not.

Been turned down for a loan?

If you're not even filling out home mortgage loan applications anymore because you know you have bad credit with too many scores against you, but you're still looking because you have a dream, we can help!

There is hope.

Things happen in life: layoffs, illness in the family, unplanned emergencies that can have repercussions on one's credit report. In view of the fact that you and I are not perfect, we work hard to help each individual attain his or her goal. The majority of people who have difficulty getting approved do not have to give up their dream home. Consolidating your problem debts does not have to go by the wayside.

We're glad that you found us!

Discount Mortgage Funding is a reputable, high integrity mortgage company that works with you to achieve your dreams. We are devoted to finding the custom mortgage loan that is tailored to your exact needs. No need to despair, you've come to the right place.

We excel in finding mortgage loans.

We will ask no uncomfortable questions regarding your financial situation. We look forward to hearing from you. Fill in the short information Pre Application form, and we'll get right on it.

There are other companies that approve loans for people with less-than-perfect credit. Perhaps, in your searching for help, you have found such companies, only to be extremely disappointed to find that the rates and fees were outrageous. Skepticism that an honest company exists can be understood. A genuine lender does exist, and you have come to the right place. Not only will we work hard to get you the financing you deserve, but we will ensure that you are not overwhelmed by high rates and fees. We are able to give mortgages to some people even if they are in bankruptcy or foreclosures.

Not enough collateral? Try us we can help.

Just fill out the easy, no-risk Pre Application and we'll get the process started right away. Get your life on the right track again.

Please call 800.368.8030 today to discuss your particular situation and loan requirements. We appreciate you and value the opportunity to serve you.

No Money Down Mortgage - 100% Financing

100% financing is available for both purchases and refinance mortgage loans. Low/No Money down flexibility does not have to mean high rates and fees.

Various program features available include:
Ø 80/20 Combo Loans with Low/No Money Down - No PMI
Ø Option to finance closing costs
Ø Stated income option
Ø Fixed and adjustable rates
Ø Flexible 100% to 103% purchase financing
Ø All credit considered

Please call 800.368.8030 today to discuss our 100% Financing programs and how they can benefit you. We appreciate you and value the opportunity to serve you.

Stated Income Loans

Stated Income loans are loans in which the borrower simple states income (and assets with some programs) without traditional verification. Most loans are available with a Stated Income option, many with competitive pricing on par with full doc loans.

Please call 800.368.8030 today to discuss our Stated Income loans and how they can benefit you. We appreciate you and value the opportunity to serve you.

Debt Consolidation Loans

Debt consolidation for a homeowner can be a very wise financial move. Typically we can substantially reduce your payments and shorten the life of the loan. Our services are simple to understand, and we make it easy to apply for a mortgage loan. Whatever your circumstances, we can help you.

The most important aspect of debt consolidation is that interest paid on a mortgage is tax deductible. Monthly payments on your car, interest paid on credit cards and other bills are not tax deductible. Another important aspect of debt consolidation is that you end the never-ending cycle of paying credit card interest each month and paying interest on the accrued interest. Did you know that if you pay the minimum payment due on your credit cards, it will take over 21 years to pay off that debt! We will also prepare an amortization table for you to show you how much interest you can save with accelerated payments.

Please call 800.368.8030 today to discuss our Debt Consolidation loans and how they can benefit you. We appreciate you and value the opportunity to serve you.

Interest Only Loans

An Interest Only mortgage loan allows you to keep your monthly payment low by only requiring the repayment of interest for a certain duration of time. During this initial interest-only period, finances that would go towards paying down the principal on your loan are freed up to be put to use elsewhere. Many people choose these loans for paying off debts with higher interest rates, reallocating money to alternative investment vehicles or simply to allow the purchase of a higher priced home.

Please call 800.368.8030 today to discuss the your Interest Only Loan needs. We appreciate you and value the opportunity to serve you.

Lot Loans and Land Loans

We have lot loans and land loans available for parcels up to 30 acres. After your land purchase, we can assist you with a construction loan to improve the property.

Please call 800.368.8030 today to discuss the your lot and land loan needs. We appreciate you and value the opportunity to serve you.