With Home Ownership
Agent Search 
QUICK SEARCH
Mortgage Center
When buying a home or investment real estate, most of us do not pay cash, even if we have the available funds. And for most of us because we do not buy or finance real estate routinely, we have questions and if this is the first time you have applied for a real estate loan, the process may seem overwhelming. Please understand, what you are feeling is universal, it is not you. This is just the process and everyone survives.
What do you ask? Ask everything you want to know. However, to really move forward, you must ask the right person. Do not rely on relatives, neighbors, barber shops or candle stick makers. They may have just been approved for a loan and feel like they know it all. That’s ok…..for them. You and your goals are unique, personal and very important; the industry and the process is impersonal, dynamic and always changing.
If you have served in the United States Armed Forces, consider a VA loan with “0” down payment and…… Thank You For Your Service.
Ask about a City or County grants, or closing cost assistance.
Ask about a 1% down payment. If buying in a rural area there may be special programs. There are also farm loans in some very rural areas.
FHA loans offer flexibility that some other loan products do not offer. Down payments can be 3.5%
If you are buying a fixer upper, consider an FHA 203K or FHA Rehab loan.
Ask what you qualify for now and what you would qualify for if interest rates increased 1% or 1.5%?
This is just a start. I don’t have all of the answers or even all of the questions, although I have originated hundreds of loans as a broker. Remember your situation is unique and very special to you…… and the industry is every changing.
So, if I were looking for a real estate loan today, I would call Capital Mortgage Services at 805-252-7742. I know the principals, many of the loan agents and the programs they have to offer. They can offer all of the products I mentioned and more. They are a mortgage banker and they have institutional and private sources for unique situations.
Obtaining a mortgage is tantamount to committing to a large segment of your financial plan. Treat it dearly
 Calculating Your Mortgage Easy tool to estimate your monthly payments. Click here |
 Choosing a Loan Learn the differences between loan types. Click here |
 Choosing a Lender You do have a choice, learn how to distinguish lenders. Click here |
 What is a Credit Report Find out how it affects your loan. Click here |
 Get Pre-Qualified Fill out this application to get the process started.Click here |
 Preferred VendorsLearn more about our preferred vendors. Click here |
