We welcome you to our team of experts in getting you your mortgage lending. Here at Mortgage Lenders Santa Rosa, we are both the “best mortgage broker near me” and “mortgage advisor near me” that you need.
Do you have worries or fears about getting a home loan as a first time home buyer or refinancing? We work with many wonderful home loan companies that do a fabulous job, as do we.
About Mortgage Lenders Santa Rosa
One of our goals as Santa Rosa mortgage lenders is to get you set with the loan and financing that best fits your needs.
Sometimes this takes some strategy, a lot of knowledge, and patience.
We know that working with mortgage companies in Santa Rosa to get good Santa Rosa mortgage rates and home loans Santa Rosa CA can be very stressful. The mortgage specialist you work with through our Santa Rosa mortgage company is sure to have a wonderful personality.
As our client, we make sure you feel comfortable and confident. We make sure this is the case through the process you are going through to get your lending in place for your new home. We do a great job of answering any questions you may have. Both about any lending or about mortgage companies in Santa Rosa to the best of our ability.
It is our mission to be the best mortgage lenders in Santa Rosa. We do this by being the Santa Rosa mortgage lenders that listen to what our clients need. We then create a plan based on their specific needs.
You can now stop your search for “home lenders near me”. You will have much joy working with us as your chosen Santa Rosa mortgage company.
How To Choose The Best Home Loan Lenders?
There are a few keynotes to keep in mind when choosing between so many Santa Rosa mortgage companies. First are the reviews that these mortgage companies in Santa Rosa have. Reviews are a great trusted source about how they will do as your mortgage lenders Santa Rosa CA.
Another thing you want to look at is the experience and knowledge they have. This is important when you are looking for how to find a mortgage broker or when choosing between mortgage lenders in Santa Rosa CA.
Our company offers many key components that you want to make sure you have which make the best mortgage lender. These are:
Our clients love that no matter what credit they have we get you the best mortgage interest rates. We also get you set up with a good loan. We are a licensed mortgage broker with all the qualifications we need. We can get you set up with both 30 year mortgage rates and 15 year mortgage rates.
Give us a call now to get started on the information we need for your loan.
Purchase A Home
First-Time Home Buyers
For first-time home buyers, there are some perks. When you are looking for “mortgage companies near me” that offer loans to first-time buyers you are going to want to look for FHA lenders. If they offer an FHA loan, it is likely those mortgage companies have no downpayment and options with low credit that is needed.
If you have bought a home in the past you may have the advantage of a better loan and credit history. This will help you to get better Santa Rosa mortgage rates on a loan for your new home.
The great thing about buying a home is a mortgage broker will let you know how much home you can afford before you even begin searching. Mortgage brokers Santa Rosa will get you a pre-approval letter request. You will then have many options for loan programs from different home loan lenders. You will weigh out the pros and cons of each loan with the “mortgage lenders near me” that you choose to work with. You will choose a program and get the paperwork and qualifications you need to get your financing set in place.
Refinance Your Home
Change Your Rate To Reduce Monthly Payment
When you are thinking about refinancing it is important to note if it is going to be worth the time spent to refinance it. How much lower are the current mortgage rates than the one you currently have on your loan? If that number of the mortgage rates is much lower then it would be a great idea to refinance to get your monthly payment lower.
Get Cash From Your Home’s Equity
Could you use an extra chunk of change for a large sale you need or want to make? Your home’s equity can give you that as you refinance. The best mortgage refinance companies will help you decide if that is the best idea for you. There are many reasons that you may need to go to a Santa Rosa mortgage broker. Refinancing to get cash is one of those reasons.
When you first find a “mortgage broker near me” that looks like the best company to refinance home you will fill out a refinance analysis request. Doing this will give you your options based on your situation and details of such. With your mortgage broker Santa Rosa you will take a look at the refinance rates. After looking at these rates you will compare them to the rate you have right now. Together with your mortgage broker Santa Rosa you can choose the option that will work best for you.
Are you looking for a specific type of loan or do you not know exactly what you are looking for in a loan? We can answer any questions you have about the differences in loan programs. We have programs if you are buying a house for the first time. We also have programs if you are a veteran, a senior, buying luxury, or building.
FHA Loans Santa Rosa
You can spend very little money down with still getting your dream home. If you cannot get approved for private mortgage insurance, an FHA loan may be a great option for you. These loans are very flexible with credit and downpayment. The percentage you must pay on a down payment for an FHA loan is usually 3.5%. This is much lower than the 20% you would pay for a conventional loan.
Are you looking to buy a home in a rural area? If so, you must look into a USDA loan. This loan must have the property approved and has many benefits. Two of these benefits are the flexible credit that we need and the lack of downpayment to keep you from out of pocket expenses.
You can qualify for a VA loan if you are either an active service military or a veteran. Financing for a VA loan is also available for surviving spouses of American veterans. The closing costs on these home loans are lower as well as no down payment. Between the two of these, you will save a lot of money on a VA loan.
With a conventional loan, you get an interest rate and we lock in at that rate for the duration of the loan. This keeps the interest low and risk low. With a conventional loan, you usually put a percentage of your buy as a downpayment.
Do you need more buying power than a conventional loan will offer you? This is what jumbo home loans are for. They have financing options for up to three million dollars. They may also come with larger interest rates. This is because of the risk involved in financing such large amounts of money.
Construction loan lenders offer higher interest rates as well. This is because of the risk involved in lending out a construction loan. The best construction loan lenders will let you combine your land and building into one loan. This helps make the process of building much more simple.
This loan is a loan that is for seniors that are 62 years old or older. What it does is converts the equity of your home into cash with no monthly mortgage payments. This works as a great source of retirement supplementing with seniors.
Adjustable Rate Mortgage (ARM)
It is very common for those who get an adjustable-rate mortgage to refinance their loan when the fixed period for their mortgage rate ends. This is because the rate you get at the beginning of an ARM loan is very low and can save you a lot of money. From there on the rate changes based on rates at the time. If you keep this loan for the life of it, you may end up paying much more on interest than you want.
About Santa Rosa California
Santa Rosa is a city with a population of about 177,000 in the bay area of California. Santa Rosa is not too far from the Golden Gate Bridge in San Francisco. There are many mountains that are beautiful visual features as well as the beach and greenery.
Santa Rosa is one of the best places for businesses and careers. We have many notable small businesses here with also a lot of retail throughout neighborhoods and the city. The cost of housing over the years has increased greatly.
There are a few great colleges here. There are also many local attractions to go to and other nearby cities to visit which include:
Frequently Asked Questions
What does a mortgage rate lock mean?
What this means is that the interest rate you get approved for and decide on will be locked in at that rate. This will help you to avoid spending much more money on interest than needed. Interest rates are always changing up and down on a daily basis. If you do not have a mortgage rate that is locked, then your interest rate can change depending on the current rates.
Are there things I can do to avoid first-time home buyers’ mistakes?
Yes. you are first going to want to put the time and effort into finding the best mortgage lenders for first-time buyers. They will have great knowledge to share with you and guide you along the way. If you are sure to get a mortgage broker Santa Rosa then you will avoid many struggles you otherwise would encounter. We help you to avoid getting the wrong loan type and answer your questions along the way.
Should I always buy a home to get equity?
It is not a bad idea. If you would like to have a large piece of cash available once you sell your home then getting a home that you can get equity in is a great idea. Some people buy a home and plan to live there until the day they die, in which case they may not be looking for a home to make money on. Depending on what you are looking for it may be a very wise idea.
Is my information safe if I work with local mortgage lenders?
Yes. Any lenders or home loan brokers will always keep your information kept confidential and safe. There are a few things you can do to help keep your information safeguarded. Only upload documents to a secure webpage, fax, or bring them in person. Do not send personal information attached through email. Do not respond to any email that seems off without first checking with your lender. This will help you avoid cybercriminals.
What Our Clients Are Saying
We ended up going with this lender to refinance and we are so happy we did. They helped us to save so much money by getting us into a new loan with much better interest rates.
This lender is so great. They are very thorough which makes the process go rather quickly. They are so knowledgeable and intentional with every meeting with you.
We were very happy with the way our lenders helped us to understand the process and our options. We closed within 30 days of beginning the process!
Contact Us Today!
Do you need lending for a luxury home or for your construction of a home new? We have these options plus so many more to cover every one of our clients’ needs. We have loans for clients that have bought a home and are looking for another one as well as loans for first-time buyers.
We have great reviews and do our best with every client to live up to those reviews. We value your time and money. Call Mortgage Lenders Santa Rosa today. We will sit down with you and take the time we need to get you a loan that will best fit your needs.
Mortgage Lenders Santa Rosa
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