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
- 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 !
- I just closed on my house in Fullerton. I was on a tight time frame and Omar and Thalia made it happen! They made the process smooth and easy. They were there for me whenever I called or had any questions. I highly recommend them! I’m a real estate agent and have worked with many lenders. Hands down, Omar, Thalia and Edith are absolutely the best. I have never had a better experience. They’re responsive and efficient. Literally, they’ve got your back I high recommend them.read moreread lessV. Go3/21/2024×V. Go3/21/2024I just closed on my house in Fullerton. I was on a tight time frame and Omar and Thalia made it happen! They made the process smooth and easy. They were there for me whenever I called or had any questions. I highly recommend them! I’m a real estate agent and have worked with many lenders. Hands down, Omar, Thalia and Edith are absolutely the best. I have never had a better experience. They’re responsive and efficient. Literally, they’ve got your back I high recommend them.
- My wife and I finally purchased our first home! Ramzi was my loan officer. He held our hand from day 1 to the last day the loan closed! His knowledge and thoroughness was a+++. If you’re looking for someone you can trust and also the best deal in town this is your guy! I’m very thankful to have found him and pacific! His patience and knowledge was unmatched! I really appreciate you Ramzi and will be in touch to refi the loan in the next few years!!read moreread lessP. Pakzat3/06/2024×P. Pakzat3/06/2024My wife and I finally purchased our first home! Ramzi was my loan officer. He held our hand from day 1 to the last day the loan closed! His knowledge and thoroughness was a+++. If you’re looking for someone you can trust and also the best deal in town this is your guy! I’m very thankful to have found him and pacific! His patience and knowledge was unmatched! I really appreciate you Ramzi and will be in touch to refi the loan in the next few years!!
- I have used Pacific Mortgage Group 3 times now for home purchases and Refinance. Raeda helps me out so much and gets me the best deals!read moreread lessA.2/26/2024My wife and I did a refinance back in October/November. Please allow me to recommend a Godsent duo,Ramzi and Karen, Ramzis transparency and professionalism shined bright from the beginning to the end.Ramzi would take my calls early in the morning and late after business hours. Karen was also very professional ,we are out of debt👍we will never hesitate to use pacific mortgage again they are hard worker's at their profession and outstanding customer care thank you so much Ramzi and Karen.read moreread lessM. Soto2/20/2024×M. Soto2/20/2024My wife and I did a refinance back in October/November. Please allow me to recommend a Godsent duo,Ramzi and Karen, Ramzis transparency and professionalism shined bright from the beginning to the end.Ramzi would take my calls early in the morning and late after business hours. Karen was also very professional ,we are out of debt👍we will never hesitate to use pacific mortgage again they are hard worker's at their profession and outstanding customer care thank you so much Ramzi and Karen.
- Subject: Exceptional Real Estate Agent Review Dear Reada and Karen I wanted to express my sincere gratitude for the outstanding service you provided during the recent refinance on my parent’s home, your professionalism, expertise, and dedication truly set you apart. From our initial consultation to the final closing, your attention and excellent communication made the entire process seamless. Your market knowledge and strategic approach resulted in a swift and successful transaction, exceeding our expectations. I appreciate your responsiveness and ability to address any concerns promptly, creating your commitment to achieving the best outcome for our family is commendable, and I wouldn't hesitate to recommend your services to friends and family. Thank you once again for your exceptional work. Best regards, The Ceballos Family.read moreread lessY. Ceballos2/06/2024×Y. Ceballos2/06/2024Subject: Exceptional Real Estate Agent Review Dear Reada and Karen I wanted to express my sincere gratitude for the outstanding service you provided during the recent refinance on my parent’s home, your professionalism, expertise, and dedication truly set you apart. From our initial consultation to the final closing, your attention and excellent communication made the entire process seamless. Your market knowledge and strategic approach resulted in a swift and successful transaction, exceeding our expectations. I appreciate your responsiveness and ability to address any concerns promptly, creating your commitment to achieving the best outcome for our family is commendable, and I wouldn't hesitate to recommend your services to friends and family. Thank you once again for your exceptional work. Best regards, The Ceballos Family.
- I am really happy with the work that Khaled did for me. Throughout the entire process he was very diligent and communicated well. He got the job done start to finish. Good business. Seriously I recommend him to anybody.read moreread lessA. Dahlan1/06/2024I was shopping for a loan to buy my first house at the Coachella Valley , I faced some difficulties due to some income issues, I contacted Raeda from Pacific Mortgage group and she did amazing and helped me out with everything and today I closed and bought my first house , I can’t recommend Raeda enough 🙏🏻read moreread lessA. Ghatas12/22/2023×A. Ghatas12/22/2023I was shopping for a loan to buy my first house at the Coachella Valley , I faced some difficulties due to some income issues, I contacted Raeda from Pacific Mortgage group and she did amazing and helped me out with everything and today I closed and bought my first house , I can’t recommend Raeda enough 🙏🏻
- Amazing team very helpful. My lender is awesome ,I got my house. I'm so happy and I recommend itread moreread lessA. Vanegas12/22/2023I have had an awesome experience with these guys! I was skeptical when James told me he could work out a rate 2.375% lower than the prime rate (and a full percent lower than other companies, after buying a point). Other mortgage companies said it couldn't be possible, and my real estate agent had some doubts. Well, I closed today with this fantastic rate, a very low mortgage insurance, and an overall monthly mortgage that really helps me be comfortable, and continue to save some money. James was a genuine superstar, and answered every question with expertise. Karen was incredible, too! Always on time, helping me get things straightened out any time something came up. This amazing team helped me close in less than 20 days from contacting them. I would absolutely reccommend this company, and I'm all the way in Florida!read moreread lessT.12/08/2023×T.12/08/2023I have had an awesome experience with these guys! I was skeptical when James told me he could work out a rate 2.375% lower than the prime rate (and a full percent lower than other companies, after buying a point). Other mortgage companies said it couldn't be possible, and my real estate agent had some doubts. Well, I closed today with this fantastic rate, a very low mortgage insurance, and an overall monthly mortgage that really helps me be comfortable, and continue to save some money. James was a genuine superstar, and answered every question with expertise. Karen was incredible, too! Always on time, helping me get things straightened out any time something came up. This amazing team helped me close in less than 20 days from contacting them. I would absolutely reccommend this company, and I'm all the way in Florida!
- Ramzi & Karen are my heroes. They help me to get my first home, very professional team, always available to answers my questions and solve the obstacles throughout the process. I only have words of gratitude for them, and without a doubt, I fully trust their abilities if I later buy another property or want to refinance this one. Thanks!!!!!read moreread lessJ. Aguirre11/10/2023×J. Aguirre11/10/2023Ramzi & Karen are my heroes. They help me to get my first home, very professional team, always available to answers my questions and solve the obstacles throughout the process. I only have words of gratitude for them, and without a doubt, I fully trust their abilities if I later buy another property or want to refinance this one. Thanks!!!!!
- m. maquieira10/16/2023Pacific just did my refi. Khaled and his team were able to get my loan approved when others failed. They were professional and were even able to work through three needed exceptions. They did an awesome job. We will use them for all of our future financing needs. Thank you Khaled!read moreread lessB. Cole9/20/2023×
- Ramzi worked with us for months and months, navigating different loan types and properties. He was always available to answer our questions and help with calculating numbers. Buying a home is a challenge so having a knowledgeable broker is an absolute must. However, we were most impressed with how responsive Ramzi and his team were. Closing was a breeze. We will be using them again!read moreread lessR. Burton9/19/2023×R. Burton9/19/2023Ramzi worked with us for months and months, navigating different loan types and properties. He was always available to answer our questions and help with calculating numbers. Buying a home is a challenge so having a knowledgeable broker is an absolute must. However, we were most impressed with how responsive Ramzi and his team were. Closing was a breeze. We will be using them again!We had a very good experience with Pacific Mortgage Group. Mr. Khaled Qaryouti helped us during this process. He was always available to answer questions, professional and knowledgeable. This was very important for our family and we are greatful. We will definitely do business again!read moreread lessE. P9/18/2023×
- Khaled and his team did a outstanding job to get us our dream home they have amazing knowledge talent in every aspect on how to get you qualify They will answer all the questions at any time you call They are simply the best at what they do Sorry to call you at 5 AM several times If you are looking to buy a house you won’t regret going with this incredible team We love our house!! Thank khaled and Karen❤️read moreread lesss. pavers9/14/2023×s. pavers9/14/2023Khaled and his team did a outstanding job to get us our dream home they have amazing knowledge talent in every aspect on how to get you qualify They will answer all the questions at any time you call They are simply the best at what they do Sorry to call you at 5 AM several times If you are looking to buy a house you won’t regret going with this incredible team We love our house!! Thank khaled and Karen❤️
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.