San Jose Home Loans

As a San Jose mortgage lender, we have helped many San Jose homeowners with mortgage solutions. If you are looking for a new San Jose real estate home loan or own a San Jose home and want a home loan refinance of your loan to a lower rate, we are here to help. You can get a home loan with our EZ online mortgage application and use our handy mortgage payment calculator.

Get Your Credit Score First

Before trying to get a mortgage approval, find out your credit score. Mortgage lenders can deny a loan when the borrower has a low credit score caused by late payments and other negative credit history. If your credit score is too low to qualify for a mortgage loan, clean up your credit, fix any inaccuracies and make all your payments on time.

If you are considering buying San Jose real estate you should have enough money to make a good down payment. Mortgage Lenders may accept as little as 3.5% down payment for a FHA mortgage but try to make a larger down payment if you can. If you are a Veteran, you can buy a new home with no money down mortgage using the VA home loan program. If you put down 10-20%, you won’t have to pay mortgage insurance and your payments will be lower. Be sure to check the San Jose HOA fees if you’re considering buying.

If a 20% down payment is not possible, do some shopping around. As a San Jose home loan lender, we will have multiple offers for you to consider. Terms and rates will vary at each; some will give a better down payment option, but a much higher interest rate. Look for the best option for your current situation.

Consider the Federal Housing Authority to be your first stop when looking for a new mortgage. In most cases, a mortgage with the FHA will mean putting a lot less money down. If you opt for a conventional loan, you will be required to come up with a serious down payment, and that can mean not being able to afford the home you really want.

San Jose Low Rate Home Loans

Mortgage rates in have never been lower. San Jose offers a diverse selection on homes and getting pre-Approved for a new home loan has never been easier. If you are shopping for a mortgage to buy a home or do a home refinance, rates are at 30 year lows and you can expect to save on your home loan payments. The area is a great place to raise a family.

Real Estate Values in San Jose Area are Excellent

Home values in this area are heading up and it remains one of the best home values in Southern California. San Jose homes are known for fast appreciation and excellent return on investment. San Jose area homeowners have seen rising home values and a very good real estate market.

Check your credit report before applying for a mortgage. With today’s identity theft problems, there is a slight chance that your identity may have been compromised. By pulling a credit report, you can ensure that all of the information is correct. If you notice items on the credit report that are incorrect, seek assistance from a credit bureau.

You will want to get pre-qualified for a mortgage, don’t make any other big purchases until after you’ve closed on your new homes escrow. Your lender will pull your credit once again right before closing. If there are issues that arise it could lead to problems with your closing. Be smart and curb spending until your home loan is completed.

We are a San Jose Mortgage Lender with years of experience giving homeowners choices in getting a new home loan at low bank mortgage rates. Use our handy mortgage payment calculator to see how much your payments might be with a new San Jose home loan refinance. If you are looking in an area near San Jose we offer Mortgage Approvals in all areas including Sunnyvale home loans, Cupertino home loans, Mountain View home loans, Campbell home loans, Palo Alto home loans, Los Altos home loans, Milpitas home loans, Santa Clara home loans and all surrounding areas. Our goal is to give you options to consider in your mortgage needs.