Point Loma
Mortgage - Point Loma Refinance
Applied Wholesale Mortgage offers
the lowest rates for mortgage and refinance loans throughout Point
Loma California and Point Loma. Our brokers will pre-qualify you
to buy Point Loma
real estate. Mortgage interest rates are the best ever and
you can qualify for Point Loma home loans regardless of your credit
history!
Apply now
About Point Loma
Thousands of years ago, Indians lived where Point
Loma stands today. Interestingly, the Point Loma peninsula was
the first land in California spotted by Spaniards at sea in the
1500’s, and Ballast Point was where the ship first landed.
What used to be a Spanish fort, made of adobe in the late 1700’s,
(and once called Fort Rosecrans) is now the Naval Base Point Loma
as of 1998. The Old Point Loma Lighthouse is a landmark as well.
Some of the points of interest in the area include the Point Loma
Nazarine University and the Sunset Cliffs Natural Park. Liberty
Station is a brand new community built in place of the Naval Training
Station in 2000. About 63,000 live in any of Point Loma’s
other 12 communities: Centraloma, College Area, Fleetridge, La
Playa, Loma Portal, Midway District, Ocean Beach, Point Loma Heights,
Roseville, Sunset Cliffs, Wooded Acres and Woods.
Point Loma 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.
Point Loma 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.
Point Loma 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.
San
Diego Coastal Real Estate
Carmel
Valley Real Estate, Crown
Point Real Estate, Del
Mar Real Estate, La
Jolla Real Estate, Mission
Beach Real Estate, Ocean
Beach Real Estate, Pacific
Beach Real Estate, Point
Loma Real Estate, Sunset
Cliff Real Estate
Point Loma 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.
