California Jumbo Mortgage Lender
Welcome to Capital Home Mortgage California, your trusted partner for California Jumbo Home Loans. As a leading California Jumbo Mortgage Lender, we specialize in providing non-conforming home loans tailored to California homebuyers and homeowners’ unique needs. Enjoy competitive jumbo mortgage rates, low fees, and exceptional customer service every step of the way.
Are you considering a Jumbo Loan in California or curious about Jumbo Mortgage Rates? Our expert team is here to guide you through the benefits of a Jumbo Home Mortgage. These specialized loans empower you to purchase high-value properties that exceed the conforming limits set by Fannie Mae and Freddie Mac while maintaining a down payment of 10% or lower. This means you can invest in your dream home without the financial strain of a large down payment.
At Capital Home Mortgage California, we manage the entire lending process from application to funding, ensuring a seamless and stress-free experience. Our dedicated Jumbo Loan Officers are committed to finding the best financing solutions that align with your financial goals and homeownership dreams.
Ready to take the next step towards owning a premium property in California? Call us today at (323) 767-8899 to speak with one of our knowledgeable Jumbo Loan Officers. Let Capital Home Mortgage California help you unlock the doors to your ideal home with a Jumbo Mortgage that fits your needs.
Why Choose Capital Home Mortgage California?
- Specialized Expertise: Focused exclusively on Jumbo Home Loans, we understand the intricacies of high-value financing.
- Competitive Rates: Benefit from some of the most attractive jumbo mortgage rates in California.
- Low Fees: Enjoy transparent pricing with minimal fees, making your home financing more affordable.
- Personalized Service: Our dedicated team provides personalized support throughout your loan journey.
- Seamless Process: From initial application to final funding, we handle all the details for a smooth experience.
Don’t let conforming loan limits hold you back from your dream home. Trust Capital Home Mortgage California to provide the financial solutions you need to achieve your homeownership goals. Contact us today and discover how a Jumbo Home Mortgage can make a difference for you.
California Jumbo Mortgage Rates
Interests rates are calculated using several factors. Depending on the type of mortgage you are looking at and the impact of the items below can determine the interest rates.
- Demand for Mortgage Securities
- Property Securing the Mortgage
- Occupancy of the Property
- Loan to Value of the Property
- Borrower’s Credit Worthiness
California Jumbo Mortgage Loans
A California Jumbo Mortgage is a specialized home loan designed for purchasing properties in California that exceed the conforming loan limits set by government-sponsored enterprises like Fannie Mae and Freddie Mac. Unlike conventional mortgages, jumbo mortgages are non-conforming, meaning they do not adhere to these standardized limits and cater to higher-priced real estate markets, such as those found in many parts of California. These mortgages allow borrowers to finance homes priced above the federal conforming loan limits. Because these loans exceed the conforming limits, they are not eligible to be purchased or guaranteed by Fannie Mae or Freddie Mac and are typically held by private lenders or specialized financial institutions.
Jumbo mortgages may carry slightly higher interest rates compared to conforming loans due to the increased risk to lenders. However, competitive rates are often available, especially for borrowers with strong financial profiles. These mortgages offer various term lengths and can include fixed or adjustable-rate options, providing flexibility to suit different financial strategies and preferences.
Securing a jumbo mortgage typically involves more stringent qualification criteria compared to conventional loans. Lenders usually require a minimum credit score of 700 or higher, with borrowers boasting excellent credit (750+) potentially qualifying for more favorable terms and lower interest rates. A larger down payment, often at least 20%, is typically required, though some lenders may accept down payments as low as 10% for highly qualified borrowers. Additionally, a debt-to-income (DTI) ratio below 43%, although some may allow up to 50% with strong compensating factors.
Borrowers must provide comprehensive documentation of their income, including tax returns, W-2s, pay stubs, and possibly bank statements, with self-employed individuals needing to provide additional proof of income stability. Demonstrating significant liquid assets, such as savings, investments, or other properties, can strengthen the application and may compensate for other areas that are less robust. A detailed property appraisal is required to ensure the property’s value justifies the loan amount, and the appraisal process for jumbo loans is typically more rigorous. A consistent employment history, usually with the same employer for at least two years, is preferred, and many lenders require borrowers to have several months’ worth of mortgage payments in reserve after closing to assure that the borrower can continue payments in case of financial hardship. Due to the higher risk associated with jumbo loans, lenders will request detailed documentation covering all aspects of the borrower’s financial situation.
A Jumbo Mortgage is an excellent option for buyers looking to purchase higher-priced homes in the state’s competitive real estate market. While the qualification requirements are more stringent than conventional loans, borrowers with strong financial profiles can benefit from favorable terms and the ability to secure their dream home. Partnering with an experienced jumbo mortgage lender, like Capital Home Mortgage can help navigate the complexities of the application process and find the best financing solution tailored to your needs. If you’re considering a jumbo mortgage in California, contact us today at (323) 767-8899 to speak with one of our knowledgeable Jumbo Loan Officers and take the first step toward owning your ideal home.
California Non Conforming Home Loans
California Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today to speak to a California Jumbo Loan Officer.
- Primary Residence and 2nd Homes
- Higher Loan Amounts – 3 Million
- Great Interest Rates
- Investor Specific Guidelines
Apply for a California Jumbo Loan!
Jumbo mortgages are an excellent choice for borrowers looking to purchase luxury properties that exceed the limits of traditional mortgages. If you’re planning to buy a high-value home in California, the experts at Capital Home Mortgage California are here to help you determine if a jumbo loan is the right fit for your needs. Contact us today at (323) 767-8899 to speak with one of our dedicated California Jumbo Loan Officers and take the next step toward owning your dream home.
Why California is Choosing Capital Home Mortgage
Close On Time
Complete Control from Application to Funding
Low Rates & Low Fees
Direct Lender with Competitive Rates & Fees
Exceptional Service
7 Day a Week Support Application to Final Payment
California Mortgage Company Reviews
California Mortgage Team
California Mortgage Programs
California Purchase loans
Looking to Purchase a California Home?
Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.
- Primary, 2nd Home, Investment
- Low Rates & Fees, No fee Options
- FHA, VA, USDA, Native American
- Conventional, Jumbo & Renovation
- Manufactured, Construction, Reverse
California Renovation Home Loans
Looking to Rehab a California Home?
Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
California FHA Home loans
Great 1st Time California Homebuyers
FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket. Call today to get started.
- Smaller Down Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
California va Home Loans
100% Financing for California Vets
Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
California Conventional Home loans
Flexibility for California Homebuyers
Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a loan officer.
- Primary, 2nd Home, Investment
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
California Jumbo Home Loans
California Non-Confirming Home Loans
Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
California USDA Home loans
100% California Rural Home Loans
USDA Loans are a great option for families wanting to live outside of the city. Call today to speak with a loan officer to discuss your personal loan options.
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
California Native american Loans
California Hud 184 Home Loans
HUD 184 Home Loans are solely for Native American and offer a variety of benefits. Call today to speak with a loan officer to find out more.
- Primary Residence Only
- Manual Underwriting for All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
- Purchase, Refinance, and Renovation
California Manufactured Home loans
Great California Alternative Housing
Manufactured Home Loans offer options to purchase an existing residence or build your dream home on your own land. Call today to speak to a Loan Officer.
- Existing Purchase or Refinance
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
California Reverse Mortgage Loans
Your California Home at Work
Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.
- Primary Residence Only
- Simple Qualifying – Equity Based
- No Credit Score Requirements
- Minimum Age 62
- Purchase, Refinance, and Cash-Out
California Non QM Home loans
Making Carolina Mortgages Possible
Looking for Non Traditional Home Mortgage Loan? Contact a Loan Officer Today to discuss the alternative mortgage options currently available.
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
California One Time Close Home Loans
Build Your California Dream Home
Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan. Call today to see how a OTC loan works.
- Primary Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
California Refinance Mortgage loans
California Rate & Term Refinance
Refinancing can be a hard decision and the payback can sometimes be confusing. Call today and let our Loan Officers walk you through the process.
- Lower Monthly Payment
- Shorten Mortgage Term
- Streamline Options Available
- Appraisal Waivers Allowed
- VA IRRRL’s
California Cashout Mortgage Loans
California Equity Mortgage Loans
Cash-Out Mortgage Loans make use of the equity in your home by allowing you to refinance the current mortgage and access this equity to use as you see fit.
- Debt Consolidation
- Investment Opportunities
- Home Improvement
- Dream Vacation
- Higher Education
CAlifornia Cities