Current California Mortgage Rates
Quick Mortgage Definitions / Terms / Facts
How do I apply for a mortgage?You can apply online, by telephone, or by visiting your local branch. When applying online, select the statement that best describes your situation on the front page. You will walk through the four steps of the application process. This whole process takes about 15-20 minutes.
When can I lock in my loan?
You may request to lock in your loan anytime after your loan application is submitted. Your rate is not locked until you receive written confirmation that your rate has been locked. Interest rates fluctuate daily, so the rates available when you apply may be different than the rates available when you decide to lock your interest rate. By locking, you protect your selected rate for a stated period of time regardless of market fluctuation. Once your rate is locked, you will receive a lock confirmation stating the rate and terms that you have protected.
First Steps to Getting a Mortgage?
Get a Free Credit Report!The first step to getting a mortgage is to know your credit score. Understanding your credit report is a critical part to getting your mortgage. Raise your score while you shop for your home to get the lowest rate at closing, with a few easy steps you can easily raise your score in within a few months.
