All About Mortgage
and
Homeownership
Turning Dream Homes into Reality
As a dedicated member of the Pacific Wholesale mortgage team, my primary goal is to provide you with exceptional customer service. I am committed to guiding you through the home loan process, ensuring that you can confidently choose the best mortgage option for you and your family from the extensive array available today. I will tirelessly work on your behalf, making every effort to turn your dream of owning a home into a reality. Rest assured, my aim is to establish a strong and lasting client relationship with you.
Through my expertise, professionalism, and genuine concern for each of my clients, I make the process of obtaining your loan a valuable and rewarding venture. To further assist you, I invite you to reach out to me today so we can arrange a free personalized counseling session. Alternatively, you can conveniently apply online, which is quick, secure, and straightforward.
Ryan Nabati
Mortgage Loan Officer
NMLS # 2075681
Loan Programs
Conventional Loan
A conventional loan is a type of mortgage that is not insured or guaranteed by any government agency, such as the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). Unlike government-backed loans, conventional loans are originated and funded by private lenders such as banks, credit unions, and mortgage companies.
One of the key features of conventional loans is their flexibility. Borrowers with strong credit scores and a stable financial history can typically qualify for a conventional loan with a down payment as low as 3%. However, a higher down payment can help improve the terms of the loan, including reducing the interest rate and monthly payments.
Conventional loans also offer a wide variety of terms, including fixed-rate and adjustable-rate options. Fixed-rate loans provide a consistent interest rate and monthly payment over the life of the loan, while adjustable-rate loans have an initial fixed-rate period followed by periodic adjustments based on market conditions.
FHA Loan
The FHA loan is insured by the Federal Housing Administration and is mostly suitable for low-to-moderate-income borrowers with lower down payments and/or less-than-perfect credit scores.
FHA-insured loans are a great option for homeowners or home buyers that have a credit score of 580 or higher.
Traditional, conventional loans typically have a minimum required credit score within the 640-680 range depending on the lender, so if credit is an issue – this might be an option for you.
Jumbo Loan
Jumbo loans are a type of mortgage that exceeds the limits set by government-sponsored enterprises such as Fannie Mae and Freddie Mac. These loans are specifically designed to finance high-value properties that go beyond conventional loan limits, typically set at $548,250 in most areas. Jumbo loans offer borrowers access to larger loan amounts, allowing them to purchase luxury homes or properties in high-cost areas. Due to their larger loan amounts, jumbo loans often have stricter eligibility requirements, including higher credit scores, lower debt-to-income ratios, and larger down payments. Interest rates on jumbo loans may also be slightly higher than those of conventional loans.
VA Loan
A VA loan is a mortgage loan available through a program established by the U.S. Department of Veterans Affairs (VA) (previously the Veterans Administration). With VA loans, veterans, service members, and their surviving spouses can purchase homes with little to no down payment and no private mortgage insurance and generally get a competitive interest
DSCR Loan
Debt Service Coverage Ratio - Investor Solutions
Designed for borrowers who want to expand their real estate investment portfolio using cash flow from a rental property.
No Tax Returns, No W2’s, No Paystubs, No Employment Verification. No Income Required.
With DSCR loan, you can still get a mortgage with larger down payments and good credit scores.
Refinance
A mortgage refinance refers to the process of getting a new or a replacement loan for your existing home. Mortgage refinancing replaces your current mortgage with a new loan ideally at a lower interest rate. You can also change the terms and conditions to suit your current circumstances, needs, or desires. You can also request a cash-out refinance that would provide cash for projects related to your home or other us