Simi Valley County California FHA and Mortgage Rates
With mortgage interest rates very close to all time lows many people will be looking to lock in today. In 2015 and 2016 millions of first time home buyers with less than average credit will look for ways to qualify for a home loan. These individuals will greatly benefit from an FHA mortgage. Note that FHA mortgage loans allow those that do not have a huge down payment or with poor credit to qualify for a 30 year or 15 year fixed home loan. If you are looking for Simi Valley, California FHA home mortgage rates do not hesitate to contact us today at 866-260-2253. You may also want to consider check out our Westlake Village mortgage rates page.
The average 10 year treasury rate yield has been all over the map in the last several months but it is still very low when looking at a long term chart of the yield. In fact, most people that have been homeowners for decades are shocked at how low California mortgage rates currently are. No matter where you live in Simi Valley or Ventura County, California we have mortgage professionals that can help you lock in some of the lowest home loan rates in history.
Please note that a financial situation will often determine the mortgage rate quote. As a mortgage broker in the local area we can shop around and find some of the best rates for you. We work with lenders that offer a wide variety of mortgage products. It may be the case that you qualify for different government mortgage programs as well. Even if you do not have a credit score above 650 you can qualify for a California FHA mortgage today.
A step that is extremely important when it comes to shopping for mortgage rates is to use a our interest calculator to determine how much you are going to pay on a mortgage home loan each and every month. You will want something well within your budget rather than going in the high end of your budget and being stressed out every single month. Feel free to contact us and allow us to help you crunch the numbers on our mortgage calculator.