Mortgage Rates And The Best Lenders

Sacramento is the capital city California and the seat of Sacramento County. It is the sixth-largest city in California and the ninth largest capital in the United States. In 2017, Sacramento had a population of 502,000. Sacramento is the fastest-growing major city in California and a financial center on the West Coast, as well as a major educational hub. The city is primarily known for its government- and real estate-related industries, but it also has thriving companies in healthcare, agriculture, clean technology, and education.


Sacramento has a median property value of $335,000. March in Sacramento was the slowest in four years, but various reports said that prices are starting to pick up again. Sacramento home values have gone up by 4.5% over the past year and may rise by another 2.3% within the next year, according to Zillow.


Sacramento mortgage rates


As of Friday, May 3, 2019, the mortgage rates in Anaheim are 4.34% for a 30-year fixed mortgage, 3.85% for a 15-year period, and 4.8% for a 5/1 ARM mortgage.


Best mortgage lenders in Sacramento


NFC. NFC is a community mortgage banker headquartered in California. Since 1989, NFC has been one of Sacramento’s most recommended mortgage banker. The company has its own underwriters, processors, loan officers, funders, and document drawers all under one roof, shortening the turnaround time, since it does not need to send files out for underwriting approval or processing. Moreover, it carries a large number of products, including FHA and VA loans and specialize in home buyer products for first-time buyers.


Merchants Home Lending. Merchants is a California-based, VA-approved direct lender that focuses exclusively on VA transactions. The company claims to have the lowest interest rates highest lender credits and the quickest closing process. Many in the industry consider Merchants to be VA experts owing to its focus. Average days to close clock at 21 days. In 2013, Merchants closed 97% of the pre-approved loans that made it in to escrow. So far, the company has reached a billion dollars’ worth in closed loans.


Green Haven Capital Inc. This is a mortgage company established in March 2008 in Sacramento, CA. Green Haven is a brokerage that’s approved with several lenders, giving it access to hundreds of loan programs. It specializes in conventional, VA, FHA, jumbo, non-QM, and down payment assistance loans. It was rated A+ by the Better Business Bureau. Its website accepts online applications and provides quotes, in addition to detailed information regarding various loan options.