With a huge range of mortgage options available, owning a home has never been more achievable.
Whether you’re a first-time homebuyer looking for a new home, looking at refinancing your current mortgage to save money, or wanting to get cash back – we’re here to get your questions answered and find you solutions that make sense.
As an approved mortgage lender in Fresno, our goal is to get you the best rate and help you decide which options are best for you.
Check Eligibility Options
We hate seeing good people get into financial trouble because they didn’t understand the process or choose the right loan. At the end of the day, mortgage eligibility can get pretty complex at times, so it’s easy to make mistakes or miss things.
That’s why we’re here to guide you through the process and make sure you get the right loan for your unique situation.
About the City of Fresno, CA
Fresno is the fifth largest city in California and is located on the eastern side of the San Joaquin Valley in Central California. The city is also known for its agricultural history and production of fruits and nuts such as peaches, almonds, and walnuts. The Fresno Municipal Airport, which was founded in 1933, is home to the Fresno Yosemite International Airport (FYI) and is one of the busiest general aviation airports in the country.
The city of Fresno, CA was first settled by Europeans in the 1800s. Today, the city is still a center for agriculture and is home to the world’s largest pistachio orchards. The city is also home to California State University, Fresno and the Fresno Metropolitan Area, which covers all of Fresno County. The city has been experiencing rapid growth over the past few years and is currently the fastest growing city in the United States.
Buying a Home in Fresno, CA
Whether you’re looking for a vibrant city center, a quiet suburban neighborhood, or a rural feel with plenty of outdoor activities, Fresno has it all. Homebuyers are sure to find something that fits their individual needs. For example, the Tower District is popular for its diverse restaurants and entertainment venues, while the Woodward Park area offers tranquil residential streets with easy access to nearby parks. The Clovis area is known for its picturesque neighborhoods and award-winning schools. No matter your preference, Fresno is the perfect place to call home.
Some questions that we regularly get are:
- Is it a good time to buy a house in Fresno CA?
- Is moving to Fresno CA a good idea?
- Is Fresno a good place to buy investment property?
- Is Fresno California expensive to live?
What Are Mortgage Lenders in Fresno, CA Looking For?
If you want to buy a home, you need to have fairly good credit. Loans with the best terms and interest rates go to borrowers with the highest scores.
The debts you already owe must be considered before you take on new debt, such as a home loan.
Your ability to repay a mortgage depends on your income. Lenders will review your bank statements, pay stubs, tax returns, and other documents showing your income to figure out exactly how much you receive and how much you expect to earn in the future.
Your work history is important. 2+ years of steady work look good. Different jobs or long gaps between jobs do not look good.
Aside from knowing how much money you bring in and how much you owe, lenders also need to know what you have free and clear.
Depending on the kind of loan you want to get, this will vary.
You could need $0, or you could need 20%.
What Documents Do I Need To Get A Mortgage in Fresno, CA?
Here’s what you’ll generally need to go through underwriting and get your approval:
- W-2 forms from the past two years (possibly more, if you’ve changed employers)
- Pay stubs from the past 30 to 60 days
- Proof of other any other sources of income
- Federal income tax returns for the past 2 years.
- Recent bank statements (usually for the last couple of months)
How to Get a Mortgage in Fresno, CA?
- Make sure your finances are in order
- Find the right mortgage product for you
- Find out what the best mortgage rate is by comparing multiple lenders
- Get Pre-Approved
- Compare loans and pick the best one
Types of Loans Available in Fresno, CA
There are many different types of home loans available today, so it’s important to look into your options and what works for you.
Ready to move into a new home or refinance your current one? Then you should consider an FHA loan – it might be the perfect fit for your financial future. With an FHA loan, you can get low down payments, lower closing costs and better interest rates than conventional loans.
That makes it easier to buy or refinance the house that’s right for you. Plus, if you’re having trouble getting approved due to past credit issues, an FHA loan may be the way to go. It provides flexible underwriting so you can still qualify for the loan.
So why wait any longer? Get in touch with us today and explore your options with an FHA loan. Now’s the time to make your dreams of homeownership come true!
Learn more about FHA loans in Fresno, CA.
Are you a military member, veteran, or certain military spouse looking for a VA home loan? We are proud to be qualified VA mortgage lenders in Fresno and here to help you every step of the way. Whether you want to purchase, build, repair, or retain a home, we can provide the best VA loan options available to meet your needs.
To find out if you qualify, simply take our 30-Second Eligibility Quiz or give us a call – we’re here to help!
Learn more about VA loans in Fresno, CA.
USDA loans, otherwise known as Rural Development loans, are an excellent choice for some homebuyers – specifically those on the lookout for a residence in rural or suburban areas. Backed by the U.S. Department of Agriculture, these loans were created to assist those with low to moderate-income households purchase homes in eligible locations.
A great advantage of USDA loans are their often-flexible credit requirements, along with minimized down payments compared to conventional loans. However, certain restrictions apply, such as income limits and property eligibility requirements.
Learn more about USDA loans in Fresno, CA.
If you’re looking to finance a large purchase, jumbo loans may be the way to go. Unlike conventional mortgages, however, these loans come with stricter requirements and terms.
To secure one, you’ll need to meet certain property type, down payment, credit score and debt-to-income ratio criteria. Moreover, jumbo loans are available in two types: fixed and adjustable rate.
Learn more about Jumbo loans in Fresno, CA.
30 Yr Fixed Mortgage
Secure your future with a 30-year fixed-rate mortgage. With this type of home loan, your monthly payments will never change over the course of the loan – as long you keep up with your payments and don’t refinance.
Enjoy the peace of mind that comes with knowing exactly what your payment is going to be month in, month out.
Learn more about 30-Year Fixed Rate mortgages in Fresno, CA.
15 Yr Fixed Mortgage
You might choose to get a 15 Year Fixed Rate Mortgage because it typically has a lower interest rate compared to a 30 year mortgage, which means you will pay less in interest over the life of the loan. In addition to that, a shorter loan term means that you will pay off their mortgage faster and build equity in your home more quickly.
Learn more about 15-Year Fixed Rate mortgages in Fresno, CA.
Adjustable Rate Mortgage
An adjustable-rate mortgage is a type of mortgage where the interest rate changes over time based on market conditions. The initial interest rate is often lower than a fixed-rate mortgage, but it can increase or decrease as market conditions change.
Whether you choose a fixed rate or adjustable rate mortgage, we’ll help you choose one that best suits your needs.
Learn more about Adjustable Rate mortgages in Fresno, CA.
Frequently Asked Questions
How do I contact your mortgage company in Fresno, CA?
You can call us directly at 888-670-7550.
Alternatively, you can check your eligibility or rates on our website.
Where is your Fresno, CA mortgage office located?
We service the area near the DoubleTree by Hilton Hotel Fresno Convention Center in downtown Fresno. Appointments are required, but since we are licensed in the entire city of Fresno, we can meetup over Zoom as well.
Should I start with a Realtor or a mortgage lender first?
We recommend starting with a pre-approved mortgage. This way, you’ll be able to start searching with confidence, knowing the exact amount you’re able to invest. Start your home-buying journey off right by getting pre-approved today!
How long does it take to close on a mortgage?
Buying a home typically takes 30-60 days from application to funding. Refinancing usually takes less time.
How do I choose the best type of mortgage for me?
Doing some research on the various options (fixed-rate, adjustable-rate, or government-insured mortgages) is essential to make an informed decision. Think about your financials, how long you plan on being in the home and if you’ll be able to deal with any potential changes in interest rates.
To get a better idea where you stand, get in touch with us today so we can help answer your questions.