All Your Northern California Home Loan Needs in One Place

Refinancing – First-time Buyers – FHA – USDA – Investment and VA Loans

PRE-QUALIFY IN A FEW EASY STEPS

WHICH LOAN IS BEST FOR YOU?

NOT SURE? GIVE US A CALL FOR HELP AT (530) 999-9000 

Conventional Loans

A conventional loan is not guaranteed nor insured by an outside entity. Because fewer low-income buyers use these, conventional loans typically have very attractive interest rates. Furthermore, unlike FHA loans, there are no mortgage insurance premiums to worry about. Depending on your situation, a conventional loan or conventional refinance may be the best option for you.

USDA LOANS

A USDA loan was designed by the US Department of Agriculture to improve life in rural areas. These no-money-down loans can be a great option for those eligible, but many people don’t know these loans exist.

  • Allows for 100% financing on homes in eligible areas determined by the USDA Rural Development.
  • More favorable income and credit qualifications may apply.
  • There are some income limitations that must be met for USDA loans.

First-Time Buyer Home Loan

Interest rates are fixed for a time-frame of 10, 15, 20, 25 or 30 years.

Principal and Interest payment for this home loan is set for the entire term and will never change. Also, your interest rate will never change.

FHA Loans

An FHA loan is insured by the Federal Housing Administration. Buyers pay for mortgage insurance to protect the lender in the case of a default. This means you can get your home at lower interest rates with fewer qualifications.

  • Purchase your home with as little as 3.5% down.
  • Seller can contribute up to 6% of sales price to help with closing costs.
  • Choose from a fixed or adjustable-rate mortgage.

VA Loans

A VA (Veteran’s Administration) loan can be an incredible option, if you’re qualified for it. They are available to eligible current or former members of the U.S. Armed Forces and their surviving spouses.

  • Up to 100% financing available.
  • Very competitive low fixed or adjustable rates.
  • More favorable income, debt, and credit qualifications than other home loans.
  • No mortgage insurance (MI).

LEARN MORE WITH HOME LOAN NEWS ARTICLES AND EDUCATION

How Does My Debt Impact My Mortgage?

How Does My Debt Impact My Mortgage?

With the U.S. currently in the middle of a student loan debt crisis, it makes sense to be concerned about how your own existing debt will impact your ability to buy a house. According to debt.org, the average student loan debt for 2016 college graduates was $37,172....

How to Choose the Best Mortgage For Your Home

How to Choose the Best Mortgage For Your Home

Whether you're a first-time home buyer or you've purchased other homes in the past, chances are pretty high that you'll need to negotiate a mortgage when it comes time to move. Mortgages can make it far more feasible for the average American to buy a home, but that...

The VA May Owe Disabled Veterans Millions In Home Loan Fee Refunds

The VA May Owe Disabled Veterans Millions In Home Loan Fee Refunds

Over 50,000 veterans with disabilities could be owed up to $190 million in refunds from the Department of Veterans Affairs, an investigation has found. The refunds are for VA home loan fees that veterans no longer owe or were wrongly charged for. According to an...

Home Loans Redding, CA

Contact Mortgage Matt at Megastar Financial Redding to get started with your home loan!

Home Loans Redding

My name is Matthew Brown and I’m the branch manager of Megastar Financial Redding. If you’re looking for a knowledgeable, conscientious loan officer to help you find the best home loans in the Redding area, or to help you refinance a loan or mortgage, contact me using the form below.

Do you want to buy a home? Who do you call first?

In this video Mortgage Matt talks about who you should talk to first and why.

Mortgage Matt

MEGASTAR FINANCIAL CORP.

Home loans from Megastar Financial Redding
Directions to Megastar Financial Redding