Every borrower is different! Our loan agents in San Ramon are committed to helping you find the right home loans for your needs.
HOME LOAN PRODUCTS
When shopping for home loan products for a new home mortgage or a refinance, knowing which loan type to pick that best fit your needs is very important. The choice of the right home loan product you make will affect your daily cash-flow for years to come. It is important to work with the right home loan agent like Golden Pacific Home Loans in San Ramon to help you discuss and choose the right home loan products.
There are many home loan products. In selecting an appropriate mortgage, it generally comes down to two main choices. fixed or adjustable home loan. It is a ‘time-frame’ decision. 15 or 30-year fixed-rate mortgage may be an attractive option if you are looking for ‘long term’ stability, but the rate may be higher than adjustable-rate mortgage. The answer depends on your unique financial position, the state of the economy, and your own individual risk appetite.
There are also many different home loan products such as VA loans, FHA loans, and many others. Again, the key is to work with your loan expert to find the right home loan products. Contact our Golden Pacific Home Loan agents in San Ramon for consultation.
Golden Pacific Home Loans, INC works with the leading lenders in the industry to provide a variety of home loan products to meet your needs
NEW HOME LOANS
We help clients find the loans for new home purchase, including conventional or jumbo loans, that fit their financial situations and needs. Most lenders would consider a conventional mortgage as a loan that conforms to the guidelines set forth by Freddie Mac and Fannie Mae.
Refinancing can allow you to obtain a better interest term and rate. For borrowers with a great credit, refinancing can be a good way to convert a variable loan rate to a fixed, and obtain a lower interest rate. Contact our loan agent in San Ramon to learn more.
The Federal Housing Administration (FHA) is part of HUD and insures the loan. Typically, FHA loan is popular for first time home buyers because of its low down payments, closing cost and easier credit qualifying.
A VA home loan can be used to purchase a home or refinance an existing mortgage. Designed for active, non-active, Reserve, National Guard, and retired military of the armed forces. There is no down payment needed.
Unless otherwise indicated, APR calculations are based on the following:
Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340.
Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 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.
Calculate monthly home loan payment, refinance, fixed rate calculator and other home loan calculations
Contact Golden Pacific Home Loans for new home loans, refinance, VA loans, FHA loans, and other home loan products in San Ramon, Dublin, Danville, Pleasanton, and other Bay Are locations.