Home / Loan Options
Mortgage Lending Options
Available in San Jose
Buying a home is one of the largest investments you will make during your lifetime. And yet many of us do that without much guidance. We hire a real estate agent who may or may not direct us to a bank for a mortgage. For the most part, we stumble through the buying and mortgage application process without much assistance and hope for the best.
Premier San Jose Mortgage Brokers
Enter Alliance Lending. We are an independent professional mortgage broker in San Jose and locate mortgage financing for our clients that reflect THEIR financial needs and goals, not the bank’s. Your mortgage needs are different from anyone else’s. You want to work with a professional who understands that. Working with our staff of skilled mortgage experts means that you have someone on your side looking for the best lending products for you.
Know Your Options
When you are searching for a residential mortgage, you want to know all your options. However, when you go searching at your local bank, you don’t get the entire spectrum of options available to you. You get whatever that bank offers as loan products. Typically, it is a narrow set of mortgage products with an equally narrow set of qualifying criteria.
To truly understand all the financing options available to you, you would need to visit many banks, lending institutions and even other types of mortgage investors. This would be frustrating and labor intensive. Your best alternative would be to find a mortgage broker in San Jose with a proven track record of finding the right lending for their clients.
We Match Your Mortgage to Your Goals
At Alliance Lending, we have done the shopping for you. We are an independent mortgage broker that partners with many different banks, lending institutions and investors in order to maintain a well-rounded portfolio of mortgage products for different types of borrowers. At Alliance Lending, we have options for any of your lending needs.
Home Purchase
Most people require a mortgage when purchasing a home. The first thing you should do before shopping for a home is to understand exactly what you can afford. We offer a no-cost prequalification so you know how much house you can buy and the seller knows you are qualified to buy his or her home.
Conventional Loans
A conventional loan is one that is most commonly offered by a bank or large lending institution. It is one that fits within the criteria of FNMA (“Fannie Mae”) or FHLMC (“Freddie Mac”) and enables large banks to sell their mortgages.
FHA Loan
FHA loans are backed by the Federal Housing Administration and offer borrowers lower average interest rates, requires lower credit ratings requirements for approval, lower down payments and the ability of the seller to pay toward closing costs. FHA loans are also assumable.
VA Loans
VA loans are backed by the United States Department of Veterans Affairs (VA) and are for American veterans, military members currently serving, reservists and some surviving spouses. Some benefits of a VA loan include no down payment, no PMI, a limitation on the amount of closing costs that a borrower can be charged and lower average interest rates. VA loans are also assumable.
Jumbo Loans
Loans in excess of the conforming values set by FHFA (Federal Housing Finance Agency) are considered jumbo loans. In California, conforming values are determined by county. In Santa Clara County, a jumbo loan is anything exceeding $726,525 for a single-family home.
Stated Income Loans
Stated income mortgages are available to self-employed and other borrowers who may have a difficult time qualifying for a traditional mortgage. These require far less documentation for qualification and are often far quicker to close.
Mortgage Refinance
Refinancing can be a great resource for homeowners who have equity in their home, would like to cash out, reduce monthly payments or change the terms of their existing loan.
A Leading Team of Mortgage Brokers in San Jose
Alliance Lending is a leading team of mortgage professionals who are committed to finding the best possible mortgage products for borrowers to fit their financial needs. We are committed to finding homeowners, buyers and borrowers in the San Jose area the best quality lending products the market has to offer. We partner with lending institutions both large and small, so we can offer our clients the very best of what is available on the market and can have the personalized financing solutions they deserve. At Alliance Lending, we are able to beat our competitors’ prices because of our preferred status with our partner lenders.
If you are looking for mortgage lending,
don’t try to do it alone.
Contact the professional independent mortgage brokers at Alliance Lending and let us help. We can alleviate your frustration and get you the best mortgage financing for your particular needs. Call us at 408-226-4000 or click the button below to get started.
Contact
- Alliance Group & Associates
- 5450 Thornwood Dr Suite P
- San Jose, CA 95123
- 408-226-4000
- info@alliancegroupinc.net
- Find Us On Google
- NMLS #1155014
- DRE #01938486
- NMLS Consumer Access
Copyright © Alliance Group & Associates Inc., All Rights Reserved.
Terms of Use | Privacy Policy
Alliance Group & Associates Inc. is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.