As one of the leading mortgage brokers in the San Francisco area, I firmly believe that the best way to handle mortgages is for the client to be actively involved in the process every step of the way. From choosing between a Fixed Rate Mortgage and a Adjustable Rate Mortgage to understanding negotiating terms, I’m here to help you with anything you need.
A Brighter Future
An FHA loan is a mortgage insured by the Federal Housing Administration. With a minimum 3.5% down payment for borrowers. An FHA loan is a government-backed mortgage insured by the Federal Housing Administration. FHA home loans require lower minimum credit scores and down payments than many conventional loans, which makes them especially popular with first-time homebuyers.
The Right Loan for You
Conventional loans are the most common in the mortgage industry. They’re funded by private financial lenders and then sold to government-sponsored enterprises like Fannie Mae and Freddie Mac. Down payments can start at 3% for First Time Home Buyers.
No down payment needed: The VA guarantees purchases for qualified veterans. In many cases a VA Interest Rate Reduction Loan (IRRRL) may not require an appraisal or money out of pocket at closing. Surviving spouses also can sometimes get VA loans if their husband or wife passed away while serving or due to a service-related disability, became a prisoner of war or went missing in action.
USDA loans are zero-down loans, which means you’re not required to have a down payment. USDA loans are mortgages designed to stimulate homeownership and the economies of rural areas across the U.S. You can only take advantage of a USDA loan if you agree to purchase a home in a qualified rural area. The location must meet certain guidelines and meet state property eligibility requirements.
More than meets the eye
Manufactured homes are a smart choice for homeowners looking for a newly built modern home with an affordable mortgage payment. These can be FHA, VA, or Conventional loans.
A Brighter Future
When you've found the perfect location, but the house is not in the best shape, we have a mortgage that could help you make it everything you want. In a way, a Renovation Mortgage is like combining a home mortgage with a construction loan. You'll be able to purchase the home and borrow additional funds to refurbish the house right after the closing.