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Thousand Oaks Mortgage Rates
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It’s true: many home mortgage loan companies have quotas for certain types of mortgages (for example, the Option ARM). They already know what type of mortgage they want you to have before you even pick up the phone! You can imagine what kind of high-pressure sales tactics this leads to, not to mention the extra money you might spend just because the loan officer was a little short on his quota this week.
At Mortgage Funding USA, LLC, we want you to obtain the lowest rate on the best mortgage for your particular financial situation. This means listening to you, understanding what you want, and working our hardest to make it happen. If you’re happy with your loan and our service, you are more likely to come back to us when a need arises in the future. If you are happy, we benefit too. In short, we strive to build relationships, not fill quotas.So here it is, our 6 step guide to finding the mortgage program that is right for you!!
We do the tough loans
Anyone can find a loan for the perfect borrower (700+ credit scores, a Loan to Value less than 80%, etc.), and we do a great job at that. It’s easy! But what separates us from other lender/brokers is our superior ability to work on behalf of clients with less-than-ideal credit situations. Here are some of the situations that our competitors won’t give a second look, but we excel at:
- Low credit scores
- 100% financing
- No credit history
- Past bankruptcies
- Loans for resident aliens
- No assets
- Self-employed borrowers who can’t document income
- Past foreclosure
Situations like these require a little more effort, but we at Mortgage Funding USA don’t think they should keep you from owning the home of your dreams. Remember: anyone can find a loan for the perfect borrower. We pride ourselves on our ability to find the perfect loan for every borrower.
How Do We Do It?
In addition to hard work and dedication, we have a little help from the federal government. Mortgage Funding USA is one of the few broker/lenders that holds a Mortgage Banking license issued by the Department of Housing and Urban Development (HUD). Not only does this attest to our high professional standards, it means that we can offer home mortgage loans that some banks would not event consider.
We specialize in FHA and VA loan programs, which are guaranteed by the federal government. This means that, while the government does not actually make the loan, it does promise to cover some of the lender’s losses if the borrower can’t repay the loan. As a result, Mortgage Funding USA can offer competitive interest rates to clients that won’t meet the requirements of many banks and other lending institutions.
Here are some of the benefits of the VA and FHA loan programs:
FHA Loans
- Low, and in some cases no, down payment
- Higher Debt-to-Income ratios
- No credit history required
- Low closing costs (which may be financed into the loan amount)
- Down payment can come from gifts
- FHA loans are assumable (which can be an incentive when it’s time to sell)
This is just a brief list. Click here to find out more about this exciting opportunity.
VA Loans
- Caps on closing costs
- No mortgage insurance premiums
- No prepayment penalty
- No down payment
- VA loans are assumable.
- Funding fee is included into the loan amount
And there are many other benefits to VA loans. Click here to learn more.
These are just a couple of the loan programs that Mortgage funding USA has at its disposal when trying to find you the best home mortgage loan for your particular financial situation. We shop around to more than 100 lenders to ensure that you are making the most of your home mortgage loan money.
Informed Consumers are more likely to be Satisfied Customers
At Mortgage Funding USA, we want you to come back to us any time you have a home mortgage loan need, and we understand that, for that to happen, you have to be a completely satisfied customer.
Home mortgage loans can be confusing. Our loan officers will work with you to help you understand every detail of your home mortgage loan. If you have any questions, please feel free to call and ask. Our loan officers will explain your options in plain English.
This site has some valuable information about our various loan offerings, but we’ve also added a few extras so that you can better understand the home buying and home mortgage loan processes:
- The Mortgage Process: Did you ever wonder what happens between the time you give your information to the loan officer and the time he offers you a quote? This page explains a little bit about how the home mortgage loan business works, and how you can you can make it work for you.
- Buying a Home: This page offers some advice that can save you time, money, and even a few headaches while making one of the most important Buy a Home purchases of your life.
- Mortgage Rates: There are a lot of factors that go into your interest rate. Here we’ll explain a little bit about how lenders arrive at that magic number, and what you can do to keep it as low as possible.
- Mortgage Calculators: Again, home mortgage loans are complicated. While we do our best to explain things to you, you may find it helpful to play around with our mortgage calculators so that you can see for yourself what effects various scenarios will have.
Still unsure about something? Contact us and we’ll call or e-mail you within 48 hours of your request. If you are not fully informed and 100% satisfied, we have not done our job.
We hope that you find this site interesting and informative, and that you become a more powerful consumer as a result. Have a great day!
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