CA DRE Lic.#01431459 NMLS Lic.#263966
Your personal mortgage loan officer.
Many loan options to choose from.
Fannie Mae / Freddie Mac Conforming Loans / Ginnie Mae
FHA / VA / HARP 2.0 / HomePath / Non-Conforming / Jumbo
Conforming Loans - Low Rates / Low Cost
The term 'Conforming Loan' generally refers to any mortgage originated by a lender which is underwritten according to Fannie Mae or Freddie Mac guidelines. The conforming loan limit for a single family residence is currently $647,200. There are 'High Balance Conforming' loans available for loans above $647,200 up to whatever the High Balance Limit is in your County (upwards to a loan limit of $970,800). These loans generally add a small increase to interest rate, but are also backed by Fannie Mae and Freddie Mac, keeping rates comparatively very low. Any loan above these limits would be considered Jumbo.
FHA - A Great Purchase Option
FHA backed loans offer very competitive interest rates and allow borrowers to purchase a home with as little as 3.5% down. These loans also offer the ability for borrowers to add a non-occupying co-borrower in addition to being able to accept gift funds and credits toward closing costs up to 6%. These loans do require mortgage insurance; however, they do provide an excellent option for individuals without a lot of money to put down toward the purchase of their home.
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Purchase
Refinance
Streamlines
Rate Watch
Home Equity Advisement
Credit Counseling
Home Value Estimates
Realtor Connect
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Jumbo Mortgages - Go Big or Go Home
2010 - present
2010 - present
In today's financial markets, loans not backed by some type of government sponsored program tend to be a little trickier. You need a professional who knows all of your available options to get you the best interest rate and program for your jumbo or non-conforming loan. There are many loan options available to suit your home purchase or refinancing needs while keeping costs low.
1-888-678-1428