California Mortagage Loan Programs

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. Purchase money loans include Fixed Rate Loans (Conventional or FHA), and Adjustable Rate Mortgages - we will find one to fit your situation!

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. Mortgage refinance loans include Fixed Rate Loans (Conventional or FHA), and Adjustable Rate Mortgages - we will work with you to find the best loan for you.

Debt Consolidation Loan

Most people have more than one debt. You may have high interest credit cards, loans and mortgages. To pay off one debt you may need to borrow from someone else, creating yet another debt. The solution to this problem is a debt consolidation mortgage loan. We can help you consolidate your debts and lower your payments by eliminating the monthly payments associated with your credit cards and debts. This is also the first step in improving your credit scores as anytime you utilize more than fifty percent of your available credit card balances, you are causing a reduction in your scores. Debt consolidation loans include Fixed Rate Loans (Conventional or FHA), and Adjustable Rate Mortgages - we will work with you to find the best loan for you.

Types of Loans

Hybrid ARMS (3/1 ARM, 5/1 ARM, 7/1 ARM, 10/1 ARM)

These increasingly popular ARMS also called 3/1, 5/1, 7/1 or 10/1 can offer the best of both worlds: lower interest rates and a fixed payment for a longer period of time than your typical short term adjustable rate loans. For example, a "5/1 loan" has a fixed monthly payment and interest for the first five years and then turns into a traditional adjustable-rate loan, based on then-current rates for the remaining 25 years. It's a good choice for people who expect to move (or refinance) before or shortly after the adjustment occurs.

30 Year Fixed

The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change. This may be a good choice if you plan to stay in your home for seven years or longer. If you plan to move within seven years, then adjustable-rate loans are usually cheaper. As a rule of thumb, it may be harder to qualify for fixed-rate loans than for adjustable rate loans. When interest rates are low, fixed-rate loans are generally not that much more expensive than adjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.

15 Year Fixed

Fifteen-Year Fixed Rate Mortgage This loan is fully amortized over a 15-year period and features constant monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate—and you'll own your home twice as fast. The disadvantage is that, with a 15-year loan, you commit to a higher monthly payment. Many borrowers opt for a 30-year fixed-rate loan and voluntarily make larger payments that will pay off their loan in 15 years. This approach is often safer than committing to a higher monthly payment, since the difference in interest rates isn't that great.