This page highlights some of the various types of loan programs available. While we do not offer services for all types of loans, we feel it is important for you to understand what is available.

Additionally, this page houses links to sites, which may be of help to you. If you have any questions, please feel free to visit the contact us page.

Types of Mortgage Loans

• Conventional - Conforming loans follow guidelines set forth by Fannie Mae and Freddie Mac. Accordingly,            non-conforming do not.
  

• FHA - The Federal Housing Administration (FHA), oversees various mortgage loan programs. While FHA loans have lower down payment requirements and are easier to qualify than conventional loans, they are subject to different federal guidelines than Conventional loans.
  

• VA - The U.S. Dept. of Veterans Affairs does not administer VA loans. They guaranty them. The VA will determine eligibility and if qualified, the VA will issue a certificate of eligibility to be used in applying for a VA loan.
  

• FRMs - Fixed Rate Mortgages offer a single locked interest rate for the life of your loan. FRMs come in a variety of terms ranging from 10 years - 40 years. The most common used terms are 15 and 30 years. 
  

• ARMs - Adjustable Rate Mortgages are also sometimes referred to as Variable Rate Mortgages. The monthly mortgage payment and corresponding interest rate adjust over the term of loan based on changes in the defined market index.
  

• Jumbo - Jumbo loans are loans that exceed the the establish limit set forth by Fannie May and Feddie Mac. These loans tend to carry higher interest rates than non-Jumbo financing.
  

• Fannie Mae
  

• Feddie Mac
  

• National Association of Mortgage Brokers
  

Additional Site Links

• CA Department of Real Estate
  

• Zillow
  

• National Association of Realtors
  

CA Broker Lic. # 01366027, CA DRE Lic. # 01858476