The right mortgage depends on the borrower, property and transaction. We can help you compare available options, including:
Home Purchase Loans in California
Financing tailored to the home you want to buy.
Whether you are purchasing your first home, moving to a new property, buying a higher-priced home, or need a more specialized financing solution, Sierra Capital Mortgage can help you compare available loan options and prepare for a successful purchase.
Start With the Right Financing Strategy
Buying a home involves more than finding an interest rate. Loan structure, down payment, property type, credit profile, income documentation, available assets, and the strength of your preapproval can all affect the transaction.
As mortgage brokers, we work with multiple lending sources and help buyers compare financing options based on their specific purchase and financial situation.
We work directly with our clients throughout the process—from initial preapproval through closing.
Get Preapproved Before You Make an Offer
A mortgage preapproval can help you understand your available financing, establish a realistic purchase range, and show sellers and real estate agents that you have already taken important steps toward obtaining financing.
The preapproval process generally includes a review of your:
- Income and employment
- Assets available for down payment and closing costs
- Credit profile
- Existing monthly obligations
- Desired purchase price and loan amount
- Property and occupancy goals
Your financing should be reviewed again as the property and terms of the transaction become known.
Home Purchase Loan Options
Why Work With a Mortgage Broker?
A bank or direct lender generally offers its own loan products.
As a mortgage broker, Sierra Capital Mortgage can work with multiple lending sources, allowing us to evaluate different programs and structures based on your specific transaction.
This can be especially useful when:
- The property or loan amount requires a more specialized program
- You are self-employed or have complex income
- You are purchasing an investment property
- You need jumbo financing
- You want to compare different loan structures
- Your transaction does not fit a standard lending box
Our goal is to help you understand the available options and choose financing that fits both the purchase and your longer-term plans.
How It Works
From Preapproval to Closing
We help guide borrowers through the major financing steps of a home purchase:
Buying in Pasadena, Greater Los Angeles or Elsewhere in California?
Sierra Capital Mortgage is based in Pasadena and works with homebuyers throughout California.
Local transactions can present different financing considerations depending on property values, loan size, condominium or planned-development requirements, property type and borrower circumstances.
We can help evaluate the financing early so potential issues are identified before they interfere with the purchase.
Questions & Answers
Frequently Asked Questions
What is the difference between prequalification and preapproval?
Prequalification is generally a preliminary estimate based on information provided by the borrower. A preapproval typically involves a more complete review of financial information and documentation. The exact process can vary by lender and loan program.
How early should I get preapproved?
Many buyers benefit from reviewing financing before actively making offers so they understand their available price range and can address documentation or qualification issues in advance.
Do I need a 20% down payment to buy a home?
Not necessarily. Available down-payment requirements vary by loan program, property type, occupancy and borrower qualifications.
Which type of mortgage is best for buying a home?
There is no single best program for every borrower. Conventional, FHA, VA, jumbo and specialty financing each have different guidelines and tradeoffs.
Can you help if I am self-employed?
Yes. Financing options may be available for self-employed borrowers using traditional or, when appropriate, alternative documentation programs.
Can I get financing for a higher-priced home?
Yes. Jumbo and other financing options may be available for higher-priced properties, depending on the borrower and transaction.
Still have questions? We’re happy to help.
Get in touch with Linda & Roland →
Ready to Start Your Home Purchase?
We’ll help you review financing options, prepare for preapproval, and understand the mortgage process before you make an offer.