Avoid These 3 Things!

Three things to avoid before getting a mortgage:

AVOID CLOSING OUT ANY CREDIT LINES

Closing credit lines removes payment history which makes up 35% of your credit score. Closing out any accounts can drop your credit score.

AVOID DECLINING INCOME

Declining income can knock you out of qualifying.

AVOID LARGE DEPOSITS 2 MONTHS BEFORE STARTING ESCROW.

Lenders want you to be able to source where your money is coming from.

Please click here to contact a Pacific Property Loans’ Loan Officer to learn more.

Don’t Over Pay On A Home

Don’t overpay on a home and stretch your budget too far!

There is nothing more important than the person you choose to finance you when purchasing a home. We will explain the process of buying your new home, guide you through all the ups and downs, and get the transaction closed on time.

Please click here to contact a Pacific Property Loans’ Loan Officer to learn more.

Shopping For A Home Loan?

Shopping for a home loan? Getting a home loan doesn’t have to be overwhelming or scary. We break down the home loan process with a flowchart on our site. You can always call and speak with one of our experts if you have any questions.

See how the loan process works >>>

Please click here to contact a Pacific Property Loans’ Loan Officer to learn more.

Start Shopping For Your Dream Home

While it can be fun to shop around and see what is available on the market, it is a lot more exciting to shop for homes that you KNOW are within your approved loan amount.
Getting pre-approved by a lender is a crucial step in the home buying process as it helps you know how much you can afford before you begin the search.
Please click here to contact a Pacific Property Loans’ Loan Officer to learn more.

Jumbo Loans Available

Available on 15 & 30 year fixed loans with up to 89.99%* loan to value and no mortgage insurance required.
Prime Jumbo details include:
  • 30- and 15-year fixed up to $2million
  • Available on loans with an Loan To Value up to 89.99%*
  • Maximum Debt to Income ratio is 45%*
  • Minimum FICO score is 680*
  • No Mortgage Insurance (M.I.) required
  • Available on purchases and cash-out and rate/term refinances
  • Primary and secondary residences or investment properties
  • No extra reserves required
  • Minimum loan amount $1 over county loan limit
  • Only one appraisal required for loans up to $1.5M

Get into your dream home more quickly with a Jumbo loan!

Please click here to contact a Pacific Property Loans’ Loan Officer to learn more.

* Subject to borrower approval and credit qualifications.