Mortgages in California are easy to get when you have the professionals at Park Place Real Estate Company on your side. We will use our experience to find the best terms available for you. There are two major areas that will impact what we will be able to offer you.
The first area that will determine the type of loan and interest rate is your credit score. It is unfortunate that many people are forced into situations through sickness, job change, or other factors that cause bankruptcy or credit problems. When this happens, it is necessary to repair your credit score in order to get an affordable interest rate.
We have ways of getting lenders to work with you to get a loan that will give you an opportunity to get your credit score in good standing. Often, the best route is to get an adjustable rate mortgage with an initial lower rate, and then refinance after credit is established and before the higher rate takes over.
Another area to consider is the length of term for the loan. If you have great credit, you may be able to get lower interest for a shorter length of term. This is a great way to build equity rapidly. To check out what is available, give us a call at 949-540-2300 and speak with one of our representatives. We will help you get started today with your plans to move into your new home.