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California Home Equity Fixed Loan

Mortgage Loan

A one-time, lump sum of money borrowed against your home's equity

  • Predictable fixed payments & interest rate
  • Provides cash in a lump sum
  • No annual fees

Our California Home Equity loan programs:

Loan Program Why select this loan type? Loan Feature(s)

Basic 40-year Fixed Rate Loan

Plan to keep the home for more than 5 years
or
To afford a higher-value home
  • Lower monthly payments than a 30-year loan
  • Monthly payments that will never increase
  • Locks in interest rates

Basic 30-year Fixed Rate Loan

A belief that interest rates will rise
or
Plan to keep the home for more than 5 years
  • Monthly payments that will never increase
  • Locks in interest rates

Basic 20-year Fixed Rate Loan

To build equity quickly and pay off the loan faster
or
Plan to keep the home for more than 5 years
  • Monthly payments that will never increase
  • Lower interest payments over the life of the loan
  • Locks in interest rates

Basic 15-year Fixed Rate Loan

To build equity quickly and pay off the loan faster
or
Plan to keep the home for more than 5 years
  • Monthly payments that will never increase
  • Lower interest payments over the life of the loan
  • Typically, the lowest rates available on a fixed loan

FHA Loan

Cannot afford a large down payment or have little equity available
or
Less than perfect credit
  • Insured by the Federal Government
  • Down payment as low as 3%
  • No minimum credit score or area income limits

Stated Income Loan

Self-employed and will have difficulty documenting a large portion of income
  • No tax returns or W-2s required
  • No income verification required

Cash-Out Refinance

Cash out some equity in current home, but prefer not to have a second mortgage payment
  • Pays off current mortgage in one lump sum
  • One loan, one payment
  • Usually offers lower interest rates than credit card debts

NO POINTS, NO TITLE FEES, NO ESCROW FEES, AND NO COSTS ADDED TO THE LOAN. I PAY ALL COSTS FOR YOU WITH MY COMMISSION!! OR pay your closing and get a lower rate!

Lets Get Started!

 

Mortgage Realty Professionals Services has been lending in California since it opened its doors in 1999. Now serving all of your home lending needs in California, Utah, Oregon, and Colorado.

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Daniel Benitez, Mortgage Realty Professionals, Inc.
daniel@mrpservicesinc.com
Phone: 619-243-0875, Mobile: 619-507-9803, Fax: 619-243-0881
2389 5th AVENUE, SAN DIEGO, CA. 92101

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