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As a mortgage broker serving San Francisco, CA bay area we shop the top lenders in the industry to offer you the best interest rates available. Whether you’re refinancing to lower your monthly payment, get cash out, or switch to a fixed rate mortgage we have the expertise to help you find the best loan for you at the lowest rates available. We offer nearly every type of mortgages: 1st and 2nd mortgages, conventional, non-conventional, fixed rates, adjustable rates, FHA, VA, and hard money. We also offer no point and no fee loans. So don’t hesitate; call today!
Preferred Mortgage has teamed with lending institutions large and small across the country to bring our customers the very best of what is available. We are able to beat our competitors’ rates and pricing due to our preferred lending status with our partner institutions. That allows us to pass the savings along to you, our customers.
Call us now to refinance or get prequalified for your next investment.
Each year Diablo Magazine surveys recent home buyers in the area. Based on the survey results they compile a list of the top mortgage professionals. Jim Wilson has been honored to receive this award for the past 4 years putting him in the top 2% of East Bay Area mortgage professionals.
We get asked lots of questions about mortgages, credit scores, and interest rates. Here’s some of the top mortgage refinancing questions that come up often for the San Francisco Bay Area. We hope you find them helpful.
Yes. Even if your current mortgage balance is more than your home is worth, you may still be able to refinance and lower your monthly payment.
We’ve helped thousands of homeowners get the home loan assistance they need. We can help you find a program that fits your particular situation and see if you qualify for a refinance, loan modification, or other home loan assistance program.
Refinancing has many benefits, depending on your financial goals. You can refinance to lower your rate, pay off your loan sooner, get cash out of your home to pay for a big purchase (i.e. education or home improvements), or switch from an Adjustable Rate to a Fixed Rate.
The closing costs when refinancing are often similar to when you purchased your home. These costs typically include lender fees and third party fees, such as for an appraisal and title insurance.
Yes, in most cases, you will need an appraisal.
Cash out refinancing is simply borrowing money from the equity in your home based on its value. For example, if your home is valued at $100,000 and your current mortgage balance is $50,000, you could take $20,000 cash out when you refinance, resulting in a new mortgage balance of $70,000.
Even if you have had credit problems, you may be able to refinance.
DRE #01229793
NMLS #278063
Preferred Mortgage, Inc.
DRE #1979749
NMLS #1440176
