October 21st, 2014 4:51 PM by Kemmer Daniel Matteson
California Mortgage loans today are sold on the secondary market and
have prices like stocks. There is a price for a 30 year, 15 year, and adjustable
rate mortgages in California. If you own a home in California and you are looking to refinance your home or if you are looking to buy a home now is the time to see what California home loan programs you have available to you and find out what interest rate you qualify for with refinancing or purchasing a home in California.
So really everyone has the same rates. So for example if
you wanted to buy apple stock at $100 , I don't care how many companies you call the
price is the price. Just like stocks you are going to pay a transaction fee
(closing costs) and that can vary from company to company. If you used an online
stock company you can save money over using a full service stock broker as their
overhead is less as they do things electronically. Much
the same in the mortgage market, Banks with many office locations conviently
located for you to go to cost money and with a fixed market prince for mortgages
they have to increase there rates or fees to cover the costs.
We are an on-line, paperless California mortgage brokerage with the
latest technology to get home loans done with minimal expense and the savings in
lower rates and fees are passed onto you. Find out today how First California Financial can help you refinance your home loan in California or buy a home with us with a low interest rate.