Residential Owner-Occupied Loans
Primary Residence Loans offered in California Only
We offer a variety of residential loans for purchase, refinance and cash out.
Conventional Loans
15, 20 & 30 Year Loans
Conventional loans offer the advantage of greater flexibility in terms of loan terms, allowing borrowers to tailor their mortgage to specific needs. With competitive interest rates, these loans can be cost-effective for individuals with strong credit histories, potentially leading to lower overall borrowing costs. Additionally, conventional loans do not carry the mortgage insurance requirements of some government-backed loans, providing further savings for eligible borrowers.
FHA Loans
Federal Housing Administration Government Backed Loans
FHA loans are advantageous for homebuyers with lower credit scores or limited down payment funds, as they often have more lenient qualification requirements. The government-backed nature of FHA loans provides lenders with added security, enabling them to offer more favorable terms and interest rates to borrowers. Additionally, FHA loans permit a higher debt-to-income ratio, making homeownership more accessible for individuals with moderate income levels.
VA Loans
Loans Guaranteed by the US Department of Veteran Affairs
VA loans offer substantial benefits to eligible military service members, veterans, and their families, including the possibility of 100% financing with no down payment required. These loans often feature competitive interest rates and don't mandate private mortgage insurance, reducing overall borrowing costs. VA loans also come with government-backed protections and support, providing a valuable opportunity for those who have served in the military to achieve homeownership with favorable terms.
Jumbo Loans
Loans that exceed conforming loan limits
Jumbo loans cater to homebuyers seeking higher-priced properties by offering larger loan amounts than conforming loans. This flexibility allows individuals to finance luxury homes or real estate in high-cost areas. While interest rates for jumbo loans may be slightly higher, they provide a crucial financing option for those looking to purchase properties that exceed conventional loan limits.
USDA Loans
Mortgages guaranteed by the United States Department of Agriculture
USDA loans, backed by the United States Department of Agriculture, offer significant advantages to homebuyers in rural and eligible suburban areas. One of the main benefits is the option for 100% financing, allowing qualified borrowers to purchase a home with no down payment. Additionally, USDA loans often feature lower interest rates and more lenient credit requirements, making homeownership more accessible for individuals in qualifying locations.
A Home Equity Line of Credit (HELOC) is a flexible loan option that allows homeowners to borrow against the equity in their homes. This revolving credit line provides access to funds as needed, making it ideal for ongoing expenses such as home improvements, education costs, or emergency expenses. With a HELOC, you only pay interest on the amount you use, and the credit line replenishes as you repay it, offering a convenient and cost-effective way to manage your finances.
A Fixed Second Mortgage is a loan that allows homeowners to borrow a lump sum of money against the equity in their homes with a fixed interest rate. This type of loan provides a consistent monthly payment and interest rate throughout the loan term, offering stability and predictability for budgeting. Fixed second mortgages are often used for significant expenses such as home renovations, debt consolidation, or large purchases. As a second mortgage, it is subordinate to the primary mortgage, meaning the primary mortgage must be paid first in case of default.
DISCLAIMER: Residential Owner-Occupied Loans are only available in California. All information contained herein is for informational purposes only and, while every effort has been made to insure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval.
Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $424,100 with closing costs of $8,482. Jumbo Loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.