Many homebuyers want to know what current mortgage rates are. Mortgage rates fluctuate over time, and the rate you qualify for depends in part on your credit score and other eligibility criteria.
We cannot provide a simple answer on this page for that reason. But when you contact us, we can tell you what rates you may qualify for.
The cost of a mortgage depends on a range of factors, including:
• The home you are buying
• The type of mortgage you are getting
• Your qualifications and the interest rate you receive
• Fees and closing costs
There are also other costs of homeownership you need to take into account, like mortgage insurance, utilities, property taxes and homeowner’s association fees. During your consultation, we can help you figure out the cost of a mortgage and how much home you can afford.
The answer to this question may vary depending on the details of your home loan and the underwriting process. But in general, we usually can close within 30 days. We can tell you an estimate during your consultation so you will know what to expect.
The minimum credit score to purchase a home depends on what type of home loan you apply for. Your debt-to-income (DTI) ratio, income and assets also will have an effect on your qualifications.
Government-backed mortgage products like FHA loans, VA loans and USDA loans are all options for those whose credit scores are not ideal. When you contact us, we can tell you more about these loan products and help you figure out whether you qualify.
Something else we can do is offer personalized advice regarding how you can raise your credit score. You might be surprised by what you can do to make a difference even in a short time period.
Yes, you can buy a home if you are self-employed. This is a common situation nowadays. Many buyers work for themselves, and/or have multiple streams of revenue or other non-traditional situations.
In fact, we have a streamlined loan process in place specifically for self-employed borrowers. You do not need a W-2 to apply for a mortgage, which means that your status does not need to hold you back. This is one of our specialties, so we can move you rapidly through the steps so you can close on your new home.
The exact down payment you require to purchase a home depends on the mortgage product for which you are applying as well as your other qualifications as a homebuyer.
There are some mortgage products that we can recommend especially for homebuyers who want to avoid a large down payment. These include FHA loans, which have low down payments, and USDA and VA mortgages, which have no down payment. Conventional mortgages are worth a look too, especially with excellent qualifications.
If you are still struggling to come up with the money you need to make your down payment, there are also down payment assistance options that we can help you check into.
- Access to a wide range of loan options: As wholesale mortgage brokers, we have relationships with multiple lenders, including banks, credit unions, and private lenders. This gives you access to a broader selection of loan products and programs compared to retail lenders. We can help you find the best loan options tailored to your specific financial situation and goals.
- Competitive interest rates and fees: We can give you access to wholesale rates and pricing, which can be more competitive than what you might find at retail banks or lenders. By leveraging our network of lenders, we can negotiate better terms, potentially saving you money over the life of your loan.
- Expertise and personalized guidance: Our team provides you with personalized guidance, helping you navigate through the mortgage process, understanding different loan options and finding the most suitable solution for your needs. Our expertise can be particularly valuable if you have a unique financial situation or credit history.
Customers Testimonials
Trusted by Thousands of Happy Customers
- I recently worked with Raeda Jaber at Pacific Mortgage Group for my mortgage, and I couldn't be happier with the experience. From our first meeting, she demonstrated an impressive depth of knowledge about the mortgage process and was always ready to answer my questions. Raeda took the time to understand my financial situation and helped me find the best mortgage option tailored to my needs. She guided me through every step, making what can often be a daunting process feel manageable and straightforward. Communication was excellent; I was kept informed at every stage, and I appreciated her quick responses to my inquiries. Thanks to Raeda's expertise and support, I secured a great rate and closed on my home smoothly. I highly recommend Raeda to anyone looking for a reliable and knowledgeable mortgage broker. Thank you for helping me purchase my home.read moreread lessN. Alsmadi10/24/2024×N. Alsmadi10/24/2024I recently worked with Raeda Jaber at Pacific Mortgage Group for my mortgage, and I couldn't be happier with the experience. From our first meeting, she demonstrated an impressive depth of knowledge about the mortgage process and was always ready to answer my questions. Raeda took the time to understand my financial situation and helped me find the best mortgage option tailored to my needs. She guided me through every step, making what can often be a daunting process feel manageable and straightforward. Communication was excellent; I was kept informed at every stage, and I appreciated her quick responses to my inquiries. Thanks to Raeda's expertise and support, I secured a great rate and closed on my home smoothly. I highly recommend Raeda to anyone looking for a reliable and knowledgeable mortgage broker. Thank you for helping me purchase my home.
- We recently closed on our first home in Florida, and working with Ramzi Al-Shurman as our loan officer was an excellent experience. My wife and I had many questions throughout the process, and Ramzi took the time to explain everything, ensuring we understood all our options and what was best for us. I was introduced to Ramzi by a coworker who had a great experience with him when purchasing his family home, and he absolutely lived up to that reputation. He is honest, hardworking, and genuinely cares about his clients. Not only did he make the entire process as smooth as possible, but he also secured us the best rate available. We couldn’t be happier with the service Ramzi provided. You won’t regret choosing him to work on your loan!read moreread lessd. dejesus10/17/2024×d. dejesus10/17/2024We recently closed on our first home in Florida, and working with Ramzi Al-Shurman as our loan officer was an excellent experience. My wife and I had many questions throughout the process, and Ramzi took the time to explain everything, ensuring we understood all our options and what was best for us. I was introduced to Ramzi by a coworker who had a great experience with him when purchasing his family home, and he absolutely lived up to that reputation. He is honest, hardworking, and genuinely cares about his clients. Not only did he make the entire process as smooth as possible, but he also secured us the best rate available. We couldn’t be happier with the service Ramzi provided. You won’t regret choosing him to work on your loan!
- H. Alkhatib10/13/2024
- 👆 Khaled and Pacific Mortgage Group, We cannot thank you enough for the incredible effort you put into making this happen. Your dedication and hard work truly stand out, and it’s been an absolute pleasure working with you. We’re beyond grateful and proud to say we had the best by our side—you're undoubtedly the top mortgage provider in Los Angeles! 🫡 We look forward to working with you again on future projects and continuing this great partnership. Rania Tabbahread moreread lessR. Tabbah10/11/2024×R. Tabbah10/11/2024👆 Khaled and Pacific Mortgage Group, We cannot thank you enough for the incredible effort you put into making this happen. Your dedication and hard work truly stand out, and it’s been an absolute pleasure working with you. We’re beyond grateful and proud to say we had the best by our side—you're undoubtedly the top mortgage provider in Los Angeles! 🫡 We look forward to working with you again on future projects and continuing this great partnership. Rania TabbahRamzi at PMG is awesome!! He helped us with our home mortgage and answered all of our questions. He was always available to answer questions, professional and knowledgeable; typically answered my calls and texts instantly. Highly recommend.We will definitely do business again!read moreread lessJ. Sumner10/09/2024×
- It was pleasure working with you. Thank you for your knowledge professionalism and honesty. Will be more than happy to work with you for future financesread moreread lessM. Ismail10/09/2024
- Thank you so much to Khalid for assisting me purchase my new home. Khalid is very professional, communicative, and helpful. He was very attentive to details throughout the process which made it very smooth and straightforward. I recommend Khalid to anyone in need of a reliable, knowledgeable, and supportive loan officer. The level of service and care I received exceeded all of my expectations. Thank you again, Khalid, for your exceptional assistance!read moreread lessK. Banihani9/24/2024×K. Banihani9/24/2024Thank you so much to Khalid for assisting me purchase my new home. Khalid is very professional, communicative, and helpful. He was very attentive to details throughout the process which made it very smooth and straightforward. I recommend Khalid to anyone in need of a reliable, knowledgeable, and supportive loan officer. The level of service and care I received exceeded all of my expectations. Thank you again, Khalid, for your exceptional assistance!
- Carlos and the team at Pacific Mortgage Group were effective and precise in assisting us with our mortgage loan. We appreciate their excellent work and gladly vouch for them.read moreread lessr. aguilar9/10/2024My dear Roxana and Carlos, this was an extreme trip for the whole team, but we came out victorious. These people dedicate themselves to their work, achieving smiles. Personally, I don't have more stars to give them, but I thank God for having dealt with them. I recommend them to you.read moreread lessJ. Osorno9/10/2024×J. Osorno9/10/2024My dear Roxana and Carlos, this was an extreme trip for the whole team, but we came out victorious. These people dedicate themselves to their work, achieving smiles. Personally, I don't have more stars to give them, but I thank God for having dealt with them. I recommend them to you.
- My wife and I worked with James on a refinance and the whole process was an absolute breeze. He was very timely and responsive and incredibly helpful in guiding us through the process. Would definitely recommend!read moreread lessJ. Allen8/31/2024I am very grateful to have found Ramzi for handling the mortgage for the construction of my house. I made the right choice by selecting him for a process that has been long, complicated, and challenging for everyone involved. Ramzi is a highly knowledgeable person; he always answered our questions whenever we needed him. Even though he was in another state with different time zones, this was never an issue. He was always very attentive, as was everyone in the office. This is a dream come true for me and my family. It has been a tough year, but finding Ramzi made it much more bearable for us. Thank you for everything!read moreread lessA. Carmona8/31/2024×A. Carmona8/31/2024I am very grateful to have found Ramzi for handling the mortgage for the construction of my house. I made the right choice by selecting him for a process that has been long, complicated, and challenging for everyone involved. Ramzi is a highly knowledgeable person; he always answered our questions whenever we needed him. Even though he was in another state with different time zones, this was never an issue. He was always very attentive, as was everyone in the office. This is a dream come true for me and my family. It has been a tough year, but finding Ramzi made it much more bearable for us. Thank you for everything!
- Khaled is awesome, knowledgeable, and responsive. We got our refi done in record timeread moreread lessM. Saheed8/26/2024highly recommend Raeda at Pacific Mortgage Group. She made the entire loan process smooth and stress-free with her expertise and excellent communication. Raeda and her team handled my refinance loan efficiently. Thanks to her, we closed on time and with very competitive loan terms. Truly outstanding service!read moreread lessB. Abdallah8/26/2024×B. Abdallah8/26/2024highly recommend Raeda at Pacific Mortgage Group. She made the entire loan process smooth and stress-free with her expertise and excellent communication. Raeda and her team handled my refinance loan efficiently. Thanks to her, we closed on time and with very competitive loan terms. Truly outstanding service!
- I worked with James at Pacific Mortgage Group & had an amazing experience. He was able to over come some bumps in the road along the way and make it happen for us. He was always available by phone or email with any questions or concerns and responded promptly. I will definitely work with them again in the future! I highly recommend this company.read moreread lessS. Vargas8/14/2024×S. Vargas8/14/2024I worked with James at Pacific Mortgage Group & had an amazing experience. He was able to over come some bumps in the road along the way and make it happen for us. He was always available by phone or email with any questions or concerns and responded promptly. I will definitely work with them again in the future! I highly recommend this company.
- Great job helping me buying a house in Hemet City, Khalid was so flexible and responsive and made the purchase happen in no time. 👌🏼read moreread lessH. Shoubaki7/28/2024
- Z. Makhlouf7/20/2024What can I say. From the moment Raeda and her team grabbed my family it was all smooth. Every info and everything needed was clear. Raeda was always available to talk. Even when she was on vacation. They made my process to secure the loan for my new home amazing. Thank you so so muchread moreread lessM. Ismail7/14/2024×M. Ismail7/14/2024What can I say. From the moment Raeda and her team grabbed my family it was all smooth. Every info and everything needed was clear. Raeda was always available to talk. Even when she was on vacation. They made my process to secure the loan for my new home amazing. Thank you so so much
- Raeda always helps and makes life easy. We were in a rush to pull out a loan and she was able to get it done and funded in 3 weeks. She works every fast, efficient, and always helpful. She on top of everything even after, will always use them. And this is our 5th time using them always greatread moreread lessA. Maida7/03/2024×A. Maida7/03/2024Raeda always helps and makes life easy. We were in a rush to pull out a loan and she was able to get it done and funded in 3 weeks. She works every fast, efficient, and always helpful. She on top of everything even after, will always use them. And this is our 5th time using them always greatIn my experience working with Pacific Mortgage it was second to none. It is my second property that I carry out procedures with this company and the treatment was exceptional. Carlos Gale was the person in charge on this occasion and it goes without saying that he is an excellent professional, knowledgeable in the credit area, they take you by the hand in an efficient and punctual manner and thus avoid any type of setbacks that could delay the process. of credit. I recommend them 100% for anyone who wants to enter the world of real estate purchasing, in addition to Carlos Gale's professionalism, he is quite agile in a second language like Spanish so there is no limit for the Latin market.read moreread lessG. Reveron6/29/2024×G. Reveron6/29/2024In my experience working with Pacific Mortgage it was second to none. It is my second property that I carry out procedures with this company and the treatment was exceptional. Carlos Gale was the person in charge on this occasion and it goes without saying that he is an excellent professional, knowledgeable in the credit area, they take you by the hand in an efficient and punctual manner and thus avoid any type of setbacks that could delay the process. of credit. I recommend them 100% for anyone who wants to enter the world of real estate purchasing, in addition to Carlos Gale's professionalism, he is quite agile in a second language like Spanish so there is no limit for the Latin market.
- Ramzi did everything in his power to facilitate the home buying process for my family and I. He was communicative, understanding, and made it a point to follow through with lenders who were generally unresponsive. His team offered a great rate too. He pushed until he made it happen! 5 stars all the way to Ramzi and the Pacific Mortgage Group.read moreread lessJ. Pierre6/16/2024×J. Pierre6/16/2024Ramzi did everything in his power to facilitate the home buying process for my family and I. He was communicative, understanding, and made it a point to follow through with lenders who were generally unresponsive. His team offered a great rate too. He pushed until he made it happen! 5 stars all the way to Ramzi and the Pacific Mortgage Group.
- Khaled is an excellent person to work with and he gets the job done. I highly recommend him.read moreread lessW. Mohottige5/18/2024
- Pacific Mortgage helped us buy our dream home right after our bankruptcy discharge. Ramzi and his assistant Thalia did such a great job every step of the way. They were very attentive and kept us informed on the process. I would definitely recommend them to anyone looking to purchase their home and will contact them again in the future for any other purchases. Thank you Pacific Mortgage!!read moreread lessC. Romero4/25/2024×C. Romero4/25/2024Pacific Mortgage helped us buy our dream home right after our bankruptcy discharge. Ramzi and his assistant Thalia did such a great job every step of the way. They were very attentive and kept us informed on the process. I would definitely recommend them to anyone looking to purchase their home and will contact them again in the future for any other purchases. Thank you Pacific Mortgage!!I have done two transactions with Khaled and I’m really happy with the services he provides . My second mortgage got approved before the 20 day period contingency . Khaled and His team keeps me informed on all the steps every now and then . Above all , he was super quick in giving us the preapproval and prequal needed for our house hunts too . I am looking forward to the third transaction with Khaled .read moreread lessa. nilekani4/24/2024×a. nilekani4/24/2024I have done two transactions with Khaled and I’m really happy with the services he provides . My second mortgage got approved before the 20 day period contingency . Khaled and His team keeps me informed on all the steps every now and then . Above all , he was super quick in giving us the preapproval and prequal needed for our house hunts too . I am looking forward to the third transaction with Khaled .
- Would like to give a huge thank you to Ramze and Thalia. Only a few people knew how difficult my loan process was due to many difficulties. As always Ramze and Thalia were always there to calm me down. There professionalism and expertise made me never loose hope. There outstanding rates are second to none. Thank you Ramze and I know you will never forget my case brother, but you did it and I am extremely proud of that!!!!!read moreread lessM. Sanchez4/24/2024×M. Sanchez4/24/2024Would like to give a huge thank you to Ramze and Thalia. Only a few people knew how difficult my loan process was due to many difficulties. As always Ramze and Thalia were always there to calm me down. There professionalism and expertise made me never loose hope. There outstanding rates are second to none. Thank you Ramze and I know you will never forget my case brother, but you did it and I am extremely proud of that!!!!!The reason I am giving Pacific Mortgage Group a 5 star review is because of their amazing work ethic. Since the first time I spoke to James, he was very transparent with all the process and how it was going to work. He was able to answer all the questions and explain to me all the terminology about loans. Throughout all the process, he was always willing to talk to me if I had a question which I think it was great because throughout these processes communication is a huge part of making sure everything is in order and things are moving forward. I highly recommend this Mortgage Group if you are interested in buying your future home or invest in a house.read moreread lessT. Ochoa4/12/2024×T. Ochoa4/12/2024The reason I am giving Pacific Mortgage Group a 5 star review is because of their amazing work ethic. Since the first time I spoke to James, he was very transparent with all the process and how it was going to work. He was able to answer all the questions and explain to me all the terminology about loans. Throughout all the process, he was always willing to talk to me if I had a question which I think it was great because throughout these processes communication is a huge part of making sure everything is in order and things are moving forward. I highly recommend this Mortgage Group if you are interested in buying your future home or invest in a house.
- I recently worked with Raeda and Thalia for our mortgage loan. They where recommended from a family friend. From the beginning they shown exemplary professionalism in handling our loan. They where straight forward and very helpful in explaining the process from start to finish. We hit a few snags in the process but in the end we were able to get our loan. We are very happy and pleased with the outcome. We recommend them for your mortgage need. Schaun & Tina. Homeownersread moreread lessE. Thibodeaux4/11/2024×E. Thibodeaux4/11/2024I recently worked with Raeda and Thalia for our mortgage loan. They where recommended from a family friend. From the beginning they shown exemplary professionalism in handling our loan. They where straight forward and very helpful in explaining the process from start to finish. We hit a few snags in the process but in the end we were able to get our loan. We are very happy and pleased with the outcome. We recommend them for your mortgage need. Schaun & Tina. Homeowners
- Had the best experience with James Allen and Pacific Mortgage Group. James went above and beyond in understanding our needs and helping us secure the construction financing which is going to take our real estate projects to new heights. Thanks!!!!read moreread lessA. Bala3/27/2024Omar and Thalia did an amazing job helping my family and I out. Over the span of 6-8 months, we worked countless on trying to find us a home. Being an engineer, I over analyzed all the numbers. Omar worked with me extensively in understanding all the math, making sure we got the right prices, and made it happen. Thank you so much to the Pacific Mortgage team, salud !read moreread lessH. Menendez3/21/2024×H. Menendez3/21/2024Omar and Thalia did an amazing job helping my family and I out. Over the span of 6-8 months, we worked countless on trying to find us a home. Being an engineer, I over analyzed all the numbers. Omar worked with me extensively in understanding all the math, making sure we got the right prices, and made it happen. Thank you so much to the Pacific Mortgage team, salud !
Buy a Home in Corona or Beyond
We hope you were able to find answers to your questions above. Still looking for answers about buying a home? Please contact us today at (951) 531-1399 to schedule your mortgage consultation. We can work with you in Corona or throughout California. We also serve homebuyers and homeowners in Florida, Oregon, Nevada, Colorado and Washington State.