Your Primary Residential Mortgage

Our goal is to help you find residential mortgage solutions to refinance or purchase a home. Pick up the phone and talk to our team today.

In California, real estate has always been a great investment.  The real estate market in California has traditionally been a strong, and millions of people have generated wealth and seen their investments rise after buying and refinancing their homes.  Our goal is to help you find residential mortgage solutions to refinance or purchase a home.  We get to know you and your goals so that we can find the best solution and the best product for you.  If you are looking for mortgage options and solutions, let our team help you reach your goals.

Our team will provide you with the best mortgage options for your goals and needs. Whether you are looking for a better rate on your current loan, cash out from your home equity, or a new home, we can help.  Home mortgage rates are still at a historic low, so now is a great time to find a mortgage solution that works best for you.  Keep in mind, you may qualify for a great rate no matter what your income and your credit score may be, so it’s always best to pick up the phone and talk to our team to figure out what your best options are before you make any assumptions about whether or not you qualify.

If you are buying a home, purchase loans have specific requirements.  In general, if you want to buy a home, you must have enough savings to make a down payment and show enough monthly income to be able to afford the mortgage payment.  Qualifying for the best rates usually requires a strong credit score (your FICO should be over 700) and gross monthly income that is roughly 3 times your estimated mortgage payment (keep in mind, these are very general rules of thumb).  The typical mortgage term is 30 years, but there are 15 year loans and 40 year loans as well.  As a rule, the shorter the loan term, the higher the monthly mortgage payment.

Already Own? Mortgage Refinancing Options

Mortgage interest rates are still at a historic low, so now is a great time to find a mortgage solution that works best for you.  If your monthly payments are too high right now, we may be able to help you lower your rate and reduce your payment.  We can also help you to explore options for cash out, early retirement, paying off debts, or paying for expenses that arise such as college tuition or medical bills.  Our team will provide you with the best refinance options for your goals and needs.

Refinance rates vary depending on a few key factors: your credit score and your equity are the most important criteria affecting refinance rates.  If you want to lower monthly mortgage payment, you should talk to someone on our team today.  We can help you to refinance your mortgage and find the rate that is best for you in just a few minutes, at no cost to you.  We will take the headache out of refinancing your mortgage and help you to get the best and lowest interest rate and payment that is available.  Pick up the phone and talk to our team today.

Looking to Buy? Purchase Loan Solutions

If you are a first time buyer, the FHA has special programs to make it easier to purchase your first home.  FHA loans have a lower down payment requirement and rates that are very low to make it easier to afford your monthly payments.  If you want to use mortgage purchase loans for a second home, or a vacation property, interest rates are now low enough so that buying an investment property can be a profitable venture.  You can also qualify to buy a 2-4 unit property with a residential home mortgage and avoid having to take out a commercial loan.

The economy has been slowly recovering after 2008, but it is still risky to buy distressed properties and you should avoid scams that target investors who want to buy foreclosed homes and homes that are subject to short sale.  If you are looking for a distressed home, you have to work with an experienced and trusted advisor.  Our team has experience with buying homes ranging from distressed to affordable to luxury.  Whether you are a buyer looking for your first home mortgage, or an experienced home buyer that wants the best rates and the best personal service, call the team at SHS to get started and get qualified for your purchase loan today.

How Interest Rates Now Will Affect Your Home Loan Later

Residential mortgage loans are either fixed or variable depending on the loan that you choose.  Your rate may be lower in a variable rate loan, but the rate will likely increase over time and it often makes sense to lock in a fixed rate if you plan to keep the home for many years to come.  When you discuss your goals with our professional team, we will help you to choose the loan that makes the most sense for you depending on your qualifying interest rates and your monthly payments.

A mortgage payment calculator will quickly provide your estimated monthly payment depending on your rate and the term of your loan. Over the span of 30 years, the difference of just 1% or 2% can add up to thousands, or even tens of thousands of dollars.  We have a team of experienced staff who are able to help you understand your options and provide you with the best information to make the best decision to help you reach your goals.  Call our team today and let us help you to move forward together.

Here are some information about Foreclosure for your learning experience:

More from Recent Articles
Back to Top