Home Financing
Not surprisingly, California is a popular place to live. In your backyard, you can choose mountains, beaches, forest or desert. There really is a little of everything for everyone. So, if you’re ready to invest in your California dream home property Thomas R Hocking is ready to help you in home financing and save you thousands by cutting up to 100% of your closing costs.
What types of home loans are available?
Fixed-Rate
Fixed-rate home loans
Adjustable-Rate
Adjustable-Rate Home Loans
Adjustable-rate home loan interest rates can change over the life of the loan. You will find hybrid home loans that start at a fixed interest rate for a certain number of years. In such home loans, there is a limit to how much the interest rate can vary from adjustment to adjustment over the life of the loan. Adjustable-rate home loans are available for everyone and have special programs for 1st time home buyers defined as not being on title to a home in the preceding 3 years. Contact us now! Thomas will compare with any and all other lenders approving you for financing and will always provide the best loan terms for you!
FHA
FHA Home Loans
FHA loans are home loans insured by the Federal Housing Administration (FHA) that are offered throughout the United States with mortgage insurance payable on loans protecting the investor should any FHA loan holder default. Mortgage insurance should not be viewed as a hindrance, rather should be seen as a protection factor allowing borrowers to obtain home loan financing that otherwise wouldn’t qualify under conforming loan standards. They require much less down payment, no reserves and are very flexible in terms of credit score. The FHA does not provide direct loans, and Thomas R Hocking can provide and will compare his loan terms to any other FHA-approved lender in California. Thomas wants you to be a home owner at the best possible terms, the key is to become a homeowner and start gaining equity sooner than later. Thomas will use the FHA loan as a stepping stone, once you own your home and equity is gained, Thomas will refinance you out of the FHA loan into a Conforming loan thereby dropping the monthly mortgage insurance and bring you to the best loan terms. FHA loans are available for everyone and have special programs for 1st time home buyers defined as not being on title to a home in the preceding 3 years. Contact us now! Thomas will compare with any and all other lenders approving you for financing and will always provide the best loan terms for you!
VA
VA Home Loans
VA home loans are guaranteed by the Department of Veterans Affairs and are available to eligible veterans, active service members, and families of military veterans. They do not require down payment and are very popular among military families. VA loans are available for everyone and have special programs for 1st time home buyers defined as not being on title to a home in the preceding 3 years. Contact us now! Thomas will compare with any and all other lenders approving you for financing and will always provide the best loan terms for you!
USDA RHS
USDA RHS Home Loans
USDA RHS home loans are provided to the rural borrowers who meet certain requirements and are eligible for home loans qualified by the US Department of Agriculture (USDA) and are managed by the Rural Housing Service (RHS). USDA loans are available for everyone and have special programs for 1st time home buyers defined as not being on title to a home in the preceding 3 years. Contact us now! Thomas will compare with any and all other lenders approving you for financing and will always provide the best loan terms for you!
