Getting a mortgage for your California home
It’s no surprise that California is a popular place to live. You can choose to have mountains or beaches in your backyard and even the forest or desert. There really is a little bit of everything for everyone. So, if you’re ready to get into your dream home and invest in California property, American Financing is here to help.
From L.A. to San Francisco, or Sacramento to San Diego, our dedicated mortgage consultants can work with you to personalize a loan program to best suit your financial goals.
Already a California homeowner? We can also help with mortgage refinancing!
California's mortgage rates and trends
In large because of COVID-19 national mortgage rates dropped to all-time lows beginning in 2020. This resulted in millions of Americans accessing low borrowing costs.
Mortgage rates followed that trend in California, but we are seeing gradual increases taking place. Regardless, rates remain low by historical standards. As a result, we recommend that, regardless of when you took out a mortgage, it's in your best interest to take advantage of a free mortgage with American Financing. A lower rate could mean there’s a chance you may be able to save hundreds of dollars in monthly savings.
Debt-to-income ratio and credit scores are among some of the factors that impact mortgage rates. Turn to the team at American Financing for your mortgage lending needs. We work hard to customize a loan program that fits your needs. We offer California home buyers mortgage options, including FHA, VA, Conventional, USDA, and more.
Down payment assistance
There are some down payment assistance programs that some home buyers may qualify for in California. If you’re looking to purchase a home, let us help you understand what options and grants* may be available to you.
Check with your mortgage consultant about funding today, and be sure to ask about:
*Actual assistance amount may vary based on purchase city, credit score, and other financial requirements. Down payment assistance programs are at the city and/or state level, and they are not funded by American Financing. A homebuyer education course may need to be completed prior to applying.
Refinancing your mortgage
- Is your monthly mortgage payment or interest rate too high?
- Do you have high-interest debt holding you back?
- Do you want to be mortgage-free sooner?
Did you answer yes to any of these questions? If so, now is the time to schedule a free mortgage review with one of our California mortgage consultants. Our team is standing by to help educate you on the benefits of mortgage refinancing.
There’s a chance you could be looking at up to $1,000 a month in savings! You can choose any loan term you need ten years and over when working with American Financing. Just call a mortgage consultant to learn more about how you may lower your monthly mortgage payment, get a better rate, or even access cash with a refinance.
Why American Financing?
As a national mortgage lender, American Financing is dedicated to making homeownership affordable. By offering competitive mortgage rates and no upfront fees our experienced mortgage consultants work hard to customize the right loan program for your financial goals. With more of the lending process available for you to complete online, you get the process started with ease.
We view our customers as a part of the American Financing family, which is why we take the time to get to know you first. Home buying is an exciting experience and we want your’s to be as stress-free as possible. We can also help with refinancing to a better rate or to get cash out. We’re always available to answer any mortgage-related questions after closing. So, here’s to the start of a lifelong relationship!
Let’s build your home loan together
To connect with a California mortgage consultant, call (866) 885-1079. We’ll customize any loan in the industry while working to provide you with the best service, lowest rates, and fastest closings. We can’t wait to show you how simple the mortgage refinancing or new home purchase process can be!
American Financing is an Equal Housing Lender; NMLS #182334 www.NMLSConsumerAccess.org; Licensed in 50 states.
