Mortgage Loans in Chula Vista

It is imperative that those who are planning to purchase a home know the buying process and should be familiar with the loan options available in the market today. This will help them to take the most ideal route leading to the right option for their unique condition. As they say, the best protection from committing a wrong decision is being prepared; thus, prior research about mortgage loans in Chula Vista, CA is necessary.

In Chula Vista, CA, there is one mortgage loan provider that many clients trust — HomePlus. With years of experience in the industry, the company’s loan process has become more polished, giving clients top quality service that the industry can offer. One important feature that HomePlus mortgage process has is that it allows clients to interact directly with highly experienced loan officers throughout the process, giving them with a more personalized customer service.

Here are some types of mortgage loans in Chula Vista that HomePlus provides:

FHA Loans – It stands for Federal Housing Administration loans; these are government insured loans dedicated specifically to first time home buyers. They allow homebuyers to purchase a property with little money down. Applicants can be approved for FHA loan even if their credit rating is not that good.

VA Loans – Designed specifically for American military personnel or their surviving spouses and are guaranteed by the U.S. Department of Veteran Affairs. Some of the benefits of acquiring a VA loan include: getting a ‘lock in low’ mortgage rates; no down payment; opportunity to save thousands of dollars saving.

30 Year Fixed Loans & 15 Year Fixed Loans – To put it simply, this type of loan will give clients a fixed mortgage rate — the same interest rate and payment in the entire duration of the loan. This is advantageous for those who are looking for mortgage loans in Chula Vista that is more secure when buying a home, predictable monthly payment, and protection from inflation.

7/1 ARM Loans & 5/1 ARM Loans – These provide a low interest rate for the first 7 or 5 years respectively. This type of loan is ideal for homeowners whose income is expected to increase in a small amount of time, those with lower initial loan payments, and those who want to sell their home within 7 or 5 years.

Looking for mortgage loans in Chula Vista, CA? Contact HomePlus today.

Call us at (800) 958-7587