Mortgage Loan Options & Programs - Solcosta Home Loans

Finding the right home loan involves consideration of your individual needs and goals. We are here to guide you.

Conventional

Conventional loans are available with as low as a 3% down payment. Contrary to popular belief, 20% down is not always required!

FHA

FHA loans have flexible credit requirements, require only 3.5% down, and are very popular with first-time homebuyers.

VA

Eligible veterans and servicemembers of the US Armed Forces can purchase a home with no down payment required.

Jumbo

Jumbo loans allow for the financing of larger loan amounts – up to $3 million with just 10% down.

Non-QM (Bank Statement & DSCR)

Bank statement loans and DSCR loans streamline the process for self-employed borrowers and real estate investors. No tax returns are needed!

Down Payment Assistance

Down payment assistance (DPA) programs, such as CalHFA, help eliminate the biggest hurdle in buying a home – saving for the down payment.

Refinance/Cash-Out Refi

Refinancing can help lower your monthly payment, shorten your loan term, or provide funds to pay off debt or do home improvements.

Line of Credit (HELOC)

Tap into your home’s equity with a line of credit (HELOC) without sacrificing your current interest rate. Fixed and adjustable-rate options are available!

We take pride in offering a diverse variety of mortgage solutions to meet your unique needs and goals. While we strive to provide a wide array of loan products to our valued clients, it’s important to clarify that certain specialized products fall outside the scope of our services. Please note that we do not offer the following types of loans:

Mobile home loans (but we can lend on manufactured homes on permanent foundation in some cases)
203(k) or HomeStyle renovation loans (but you can utilize a cash-out refinance or HELOC for renovations)
Loans to purchase vacant land
Commercial loans (5+ units)
USDA loans
Hard money/private loans
Reverse mortgages

Additionally, we want to inform you that our lending services are exclusively available for properties in California, and we do not lend on properties outside of California. Our commitment is to serve our California clients with the utmost dedication and expertise. If you have any questions or require information about loans within California, please do not hesitate to contact us.