California mortgage rates

California mortgage and refinance interest rates vary depending on the type of mortgage home loan you are considering.  There are two general categories that mortgages fall into, conforming and non-conforming.  Conforming means that the mortgage or refinance program conforms with guidelines for the government to insure the mortgage loan.  Non-conforming means that the mortgage or refinance loan does not meet the guidelines for the government to insure the loan.  Generally the mortgage guidelines have to do with your credit score, debt to income ration and the loan amount.  In California the mortgage loan amounts are determined by where you live.  We can help you understand whether you need a conforming or non-conforming loan.  If you need a conforming loan California mortgage rates are similar to the national average at any given time.  Non-conforming programs will have higher interest rates because there is more risk to the lender.  After the risk factors have been calulated the lender will decide how much of a premium you should pay.  When performing a mortgage rate comparision it is extremely important to be diligent when dealing with non-conforming mortgage programs as premiums will vary widely.  We are experienced mortgage brokers and will check with a number of lenders to make sure you get the best interest rate.  To find out what mortgage rate you qualify for apply today.  We are here to help with free mortgage quotes and advice whether you need a purchase or refinance loan.

Providing mortgage and refinance home loans to the San Francisco Bay Area including cities such as San Jose, San Francisco, Oakland, Fremont, Los Gatos, Cupertino, Santa Cruz, Saratoga, San Mateo, Palo Alto, Redwood City, Burlingame, Monterey, Salinas, Aptos and central coast areas since 1979.

Copyright © 2010 Pacific Fidelity Mortgage, Etrafficers, Inc. and its licensors. All rights reserved. Apply Now | Privacy Policy | Licensing | Mortgage Specialist | Site Map | California Mortgage Videos Mortgage Websites designed and powered by Etrafficers, Inc.