Sacramento Home Loans
Mortgage Refinance and FHA Home Loans

Sacramento mortgage lenders offer local homeowners low rates for fixed FHA home loans, refinancing and second mortgages. Homeowners residing in Sacramento can get reduced fixed rates for refinance and cash out home equity loans. Industry experts anticipate home values in Sacramento to remain steady, so we suggest you consider tapping your home's equity with a 2nd mortgage or a "cash out" refinance if your 1st mortgage is an ARM and you need cash. Real estate evaluators are forecasting property values in Sacramento a decrease between 5 to 8% in 2007 and 2008. Because of the uncertainty of future of home prices, many homeowners will be considering refinancing.

Our Sacramento lenders offers home equity, FHA home loans and refinance loans with a fixed or adjustable interest rates. We offer loans for residents in Sacramento County seeking cash or simple rate and term refinancing. We offer cutting edge mortgage programs for homeowners who need to access money, but prefer not to pay off their existing mortgage in the process.

Whether you are purchasing a home in Chico, or Sacramento we offer subordinate loans for purchase or refinance. If you need help with a "Zero Down" 80-20 combo loan, then you have found the right lending source. No money down loan financing can be tricky, so discuss your needs and loan qualifications with one of our California lenders today.

At this time, FHA home loans and second mortgages are the most popular form of cash out refinancing and with fixed rates being lower than the variable rates, it's no wonder why the popularity has increased.

A Few Common Reasons for Sacramento Homeowners Getting Second Mortgages:

  • Fixing Variable Rate Credit
  • Increased Tax Deductions
  • Elimination of Mortgage Insurance
  • Bill Consolidation of High Rate Debt
  • Furniture for First-Time Homebuyers
  • Track Home Construction
  • Financing a Start-up Business
  • Purchasing a Vacation Home in Tahoe
  • Swimming Pool Installation
  • Replacing the Roof
Don't wait any longer, Call now to speak with a seasoned loan professional live. We offer a helpful consultation that includes a free loan quotes with no obligation.

Refinance into a Fixed Rate Mortgage, Consolidate Debt and Finance Home Improvements!

Unfortunately, home refinancing has become so difficult to qualify for and many Northern California homeowners have turned to FHA home loans for getting access to more cash because they allow borrowers to get a fixed rate and cash out up to 95% in refinance transactions. Our Sacramento mortgage lenders provide competitive low rates to qualifying homeowners who meet the FHA lending criteria set forth by HUD. The Housing of Urban Development raised the California mortgage maximum limits for 2008 and the loan changes can be seen below by county.

MSA Name

County Name

State

One-Family

Two-Family

Three-Family

Four-Family

SACRAMENTO --ARDEN-ARCADE-- ROSEVILLE, CA

YOLO

CA

$580,000

$742,500

$897,500

$1,115,400

SACRAMENTO --ARDEN-ARCADE-- ROSEVILLE, CA

PLACER

CA

$580,000

$742,500

$897,500

$1,115,400

SACRAMENTO --ARDEN-ARCADE-- ROSEVILLE, CA

EL DORADO

CA

$580,000

$742,500

$897,500

$1,115,400

SACRAMENTO --ARDEN-ARCADE-- ROSEVILLE, CA

SACRAMENTO

CA

$580,000

$742,500

$897,500

$1,115,400



Relevant Sacramento Facts:

Average home value for owner occupied primary residence, 2000: $144,200
Homeownership rate, 2000: 58.2%
Average household income, 1999: $43,816
Population,
2004 estimate: 1,352,445
% of people living in same home for 5+ years, 2000: 47.5%
Average commute time from home to work (minutes), 2000: 25.4

Click Here for More Sacramento Loan Info

* Loan terms are state and federal fee restrictions. Laws may vary per state.
For additional city, county and state facts, please visit census.gov.

 

Additional Helpful Mortgage Loan Pages:
Loan Specials | Adjustable Rate Refinance | Home Equity Refinance | Bad Credit Refinance | State Guide Second Mortgages | California Mortgage Rates | Purchase Loan
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