California Mortgage Purchase Here you can find the most common loan programs for California Purchase. If you have a specific loan scenario, please Contact me today.

FHA Loan- The best choice for first time home buyers.

80/20 Loan- 100% financing that covers most of your closing cost.

80/15/5 Loan- Have a 5% down payment? This loan program is for you.

Pay Option ARM Loan-You have up to 4 different payment options.

ARM (Adjustable Rate Mortgage) Loan-ARM loan is fixed for certain number of years. Find out what happens next.

Interest Only Loan - Great program for people who's monthly income flunctuate a lot, such as car salesman...

Articles:

What comes first the buying or the selling?- Before you move out of your old home you had better make sure that you have a new on. It can be a giant pain, not to mention costly to find someplace to live in the meantime.

What about financing home construction?- Should you be considering financing home construction? And how is it that this is done? These are big questions if you are planning on building a house for yourselves.

All about down payments-The amount of money that you put towards your home is not necessarily the amount of your down payment. Some of the money will be going to cover your settlement costs. Do you know what your down payment actually is?

How much money are you going to put down on your house?-Different borrowers are looking for different things in a mortgage mostly due to the fact that they have different amounts of money to use as a down payment.

Lease to own-By leasing to own you will be able to live in a great house for years all while deciding if you really want to purchase it or not. You will be able to lease the house with an option to purchase it in a certain amount of time. The amount of time that you generally will have is up to 3 years.

Piggyback or combination loans-Combination mortgages are better if they do not have a very large difference in their rates. If they have a very similar rate then they are able to compete directly with a single mortgage home loan.

Is there a difference between mortgage approval and mortgage qualification?-When you get qualifies for a loan all that means is that the lender has gone through your credit history and your income and decide that you are worth the risk that they might be taking by giving you the loan. They are willing to bet on you.

Are you planning on using securities for your down payment?-If you do not have the cash to put toward a down payment that is okay as long as you have securities to put down instead. It is not uncommon for people to use securities as their down payment instead.

Is it better to buy and house then sell or visa versa?-Is it better to buy a new house before you sell your old one or should you sell first? If you are thinking about moving anytime soon then you know how annoying this question can be. So what do you do?

Shopping for a home-Before you start shopping for a home you need to do the math to figure out how much money you can actually afford to spend on your new home.