FAQs

Frequently Asked Questions

1. Do I have to be a homeowner to qualify for a refinance ?

Yes, this offer is exclusively for homeowners. These loans are typically secured by residential property.

2. How do I find out what my interest rate will be?

After completing an loan application, an Account Executive will be able to run your credit report and assess your information to determine the products and interest rates available to you. Rest assured we offer the lowest rates available on the market. The interest rates will be determined by your credit history, loan amount, loan-to-value ratio, property specifics and any rate reduction options that you select The term, or length of loan, will depend on whether you choose a loan or a line of credit but generally ranges from 15 to 30 years. (but can be paid off early at any point.)

3.How do I know if Debt Consolidation & CA Mortgage Brokers will save me money?

After reviewing your online application, one of our approved financial institutions will compare what you are paying now on your high-rate debt to what your consolidated payment would be on your loan.

4. Is the interest tax deductible?

Interest paid on your account may be tax deductible up to 100% of your home's value. Always consult with a tax advisor regarding your particular situation.

5. Does filling out an application obligate me to complete a loan with you?

No. Filling out an application does not obligate you to anything.

6.What are the advantages of a fixed-rate loan?

With a fixed-rate loan, the interest rate will be guaranteed for the life of your loan. The payments are fully amortizing so when your loan is paid off, so is your debt!

7. How does the loan process work?

A Loan Broker will work with you to determine the products and interest rates available to you. We can usually pre-approve you in less than 20 minutes. After pre-approval, you will receive a list of the documentation needed to complete your loan. It's that easy, documents will be drawn and before you know it you will be enjoying all the benefits of a new mortgage with the comfort of knowing you received the best rates available.

At CA Mortgage Brokers, we handle all types of mortgage loans including purchases, refinancing, equity loans, bruised credit and much more. Good credit or bad credit we invite you to request more information and become pre-qualified absolutely FREE!! We will even help you find out what price home you can afford.

Is it Time to Refinance?

Reduce your monthly payment amount? Get a lower interest rate? Shorten your mortgage loan term? Get cash out of your home for debt consolidation & home improvement? If you live in California or are planning to purchase a property in California find out today for free!!