Most small companies like ours operate as a broker or a correspondent banker and sometimes as both. What’s the difference and why does it benefit our clients? A broker operates as a third-party originator where they act to place loans for their clients by finding the right product at the most competitive rates by shopping the end investor. A broker is not considered the lending institution for a client and does not carry the risk of closing a loan that they cannot sell on the secondary market. It’s imperative that a broker aligns itself with great wholesale partners that can operate on fast tu ..read more

Find an Outstanding Mortgage Company in Sacramento Finding the best mortgage company is essential if you’re looking for a new house in Sacramento and require financing. Finding a respectable, reliable firm that can give you the finest mortgage options when there are so many options to choose might be difficult. We are a highly rated mortgage company in Sacramento West Coast Mortgage Group is one of the top lenders in Sacramento. We have over 20 years of expertise assisting Sacramento residents with our mortgage needs, and we have a staff of qualified and skilled employees who are committed to ..read more

Understanding the Basics of Conventional Mortgage Loans in Sacramento A standard mortgage loan may be the best option for many Sacramento house buyers when it comes to purchasing a property. But what is a conventional mortgage loan, and how is it different from other types of house loans? In this essay, we will go over the fundamentals of conventional mortgage loans and look at some of their important features and benefits. What is the definition of a conventional mortgage loan? A conventional mortgage loan is a form of home loan that is not government-guaranteed or insured. Instead, private l ..read more

There are several options available in San Diego while looking for the best mortgage provider. But not all businesses are made equally. It is crucial to conduct research and identify a business that is respectable, reliable, and capable of offering you the greatest mortgage possibilities. We have been helping people in San Diego acquire their mortgage for years. West Coast Mortgage Group is one of the leading mortgage firms in San Diego. They have been in operation for more than 20 years, and our staff of skilled and knowledgeable mortgage professionals is committed to assisting its customers ..read more

There are a number of characteristics that can help borrowers decide on a reputable mortgage lender. A few of these are: Competitive rates: A reputable mortgage lender should provide loans at competitive rates. Flexibility: An excellent mortgage lender need to be prepared to work with borrowers to identify a loan solution that suits their particular financial circumstances. Transparent terms: To ensure that borrowers fully understand the conditions of their loans, a smart mortgage lender should make all terms and costs known in detail. A competent mortgage lender should be sensitive to their c ..read more

Like in any other region, Sacramento, California’s mortgage market is impacted by a variety of economic and demographic factors. The local job market, the state of the housing market, the accessibility of credit, and the overall health of the economy can all be examples of these. An active lending environment, low interest rates, and a broad selection of mortgage products and options for borrowers are all indicators of a healthy mortgage market. The mortgage industry has been reasonably healthy in Sacramento and all of California in recent years. The state’s economy is broad and expanding, wit ..read more

5 Year Mortgage Rates According to Freddie Mac Freddie Mac’s Primary Market Survey shows us a 5-year mortgage rate chart as of June 4, 2020. To view this chart yourself on the official Freddie Mac website click here. Consider reaching out to us to see if we can lower your monthly mortgage payments with a lower rate. (916) 453-7533 The post Freddie Mac’s Mortgage Rate 5 Year Chart – As of June 5, 2020 appeared first on West Coast Mortgage Group ..read more

Hello Public, In response to the COVID-19 outbreak, we are making changes around the office and wanted to update all of our valued customers. Yes, We Are Still Open In regards to our regular operations, we wanted to let you know that we are still open for business. However, the majority of our staff will now be working remotely. A few employees are remaining on-site and can accept dropped off documentation for scanning, but it is heavily encouraged that you submit your documentation electronically if possible. If you do come into the office, we ask that you practice social distancing. We ..read more

At West Coast Mortgage Group we have may great loan programs, but it is important to understand the difference between jumbo loans and conventional loans as well as their benefits. First off, we will go over the different loan types and then you will hear specifically about the conventional and jumbo loan details and benefits. VA loans are government-backed and specifically designed for active or retired armed forces, veterans, and even coast guard or reserves may be eligible. This type of loan generally allows for a 0% down payment for those who qualify and the standout features of the V ..read more

Retirement is known as the “golden years” but for many, this may mean financial stress. What if your home could actually help you take back control of your retirement finances so you can live that exciting and stress-free life you have always dreamt of? This is exactly why the Reverse Mortgage program was created, to help those who are over the age of 62 achieve financial freedom. Currently, thousands of people are turning the age of 62 every day in the United States, and many are capitalizing on the benefits of a Reverse Mortgage to enhance their financial situation. For those who are eligib ..read more