Dana Point
Mortgage - Dana Point Refinance
Applied Wholesale Mortgage offers
the lowest rates for mortgage and refinance loans throughout Orange
County California and Dana Point. Our brokers will pre-qualify
you to buy Dana Point real estate. Mortgage interest rates are
the best ever and you can qualify for Dana Point home loans regardless
of your credit history!
Apply now
About Dana Point
Dana Point is a traditional harbor city, with
historical roots involving a pirate fleet from Argentina. The
streets were originally flanked with lantern replica streetlights;
the lantern-named streets still remain today. Dana Point is host
to The Pilgram (a replica of traditional sailing ships), the Ocean
Institute, and Doheny State Beach with superb dining and shopping
opportunities.
Dana Point Fixed Rate Mortgages
This is the most common type of mortgage
program. Your monthly payments for interest and principal never
change. Property taxes and homeowners insurance may increase,
but generally your monthly payments will be very stable.
Dana Point Adjustable Rate Mortgages
These loans generally begin with
an interest rate that is 2-3 percent below a comparable fixed
rate mortgage, and could allow you to buy a more expensive home.
However, the interest rate changes at specified intervals (for
example, every year) depending on changing market conditions;
if interest rates go up, your monthly mortgage payment will go
up, too. However, if rates go down, your mortgage payment will
drop also.
Dana Point Reverse Mortgage
A reverse mortgage is a special type
of loan made to older homeowners to enable them to convert the
equity in their home to cash to finance living expenses, home
improvements, in-home health care, or other needs. With a reverse
mortgage, the payment stream is "reversed." That is,
payments are made by the lender to the borrower, rather than monthly
repayments by the borrower to the lender, as occurs with a regular
home purchase mortgage.
Dana Point FHA and VA Mortgage Loans
There are many factors to consider
when applying for a government loan. We will be by your side every
step of the way. Below is some helpful information to help get
you started.
