Mortgage Loans in Oceanside

There are several types of mortgage loans that are available for homebuyers these days. It is imperative that those who are planning for a home purchase are familiar with these loan options so that they are able to take advantage of the most ideal option for their unique condition.

For those who are planning to get a mortgage loan in Oceanside, CA, there is one service provider in the area that many clients recommend — HomePlus. With years of experience in the industry, the company has polished its process, giving clients top quality service that the industry can offer. One notable feature of the company is that it lets clients to interact directly with highly experienced loan officers throughout the entire process, giving them with a more personalized customer service.

Here below are some types of mortgage loans in Oceanside that HomePlus offers:

FHA Loans – It stands for Federal Housing Administration loans; these are government insured loans specifically dedicated to clients who are buying a home for the first time. They allow homebuyers to buy a property with little money to put as down payment. Applicants can be granted with FHA loan even if they have credit ratings that are 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 getting a VA loan include: lock in low mortgage rates; no downpayment; thousands of dollars saving.

30 Year Fixed Loans & 15 Year Fixed Loans – In simple terms, this type of loan gives clients with a fixed mortgage rate — the same interest rate and payment in the whole duration of the loan. This offers a great advantage for those who are looking for mortgage loans in Oceanside that is more secure, with monthly payment that is predictable, and have some level of 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 Oceanside, CA? Contact HomePlus today.

Call us at (800) 958-7587