NMLS #237598 | Pacific Mortgage Group is a dba of California Premier Services Inc.

Welcome to Pacific Mortgage Group, your trusted mortgage broker in Riverside, CA. We are proudly headquartered in Corona, CA, and our dedicated team is deeply committed to serving the unique needs of Riverside’s homebuyers and homeowners. Our expertise spans across an array of mortgage solutions designed to help you navigate the intricacies of the housing market with ease.

Why Choose Pacific Mortgage Group – The Top Mortgage Broker in Riverside, CA?

At Pacific Mortgage Group, we pride ourselves on being much more than just a mortgage broker. We are your partners in the journey towards homeownership. Our team of professionals brings years of experience and a deep understanding of Riverside’s real estate landscape to provide you with a seamless, personalized mortgage experience.

Unparalleled Mortgage Solutions

As the leading mortgage brokers in Riverside County, CA, we offer a comprehensive range of mortgage products tailored to meet your specific needs. Whether you’re a first-time homebuyer, looking to refinance your existing mortgage, or exploring options like the FHA Loan, VA Loan, or Family Opportunity Mortgage, we have the right solution for you.

Expert Advice and Guidance

Navigating the mortgage process can be daunting, but it doesn’t have to be. At Pacific Mortgage Group, our primary goal is to make the process as straightforward and stress-free as possible. Our team of mortgage experts is always on hand to provide guidance, answer questions, and ensure you make informed decisions at every step of the process.

Commitment to Client Satisfaction

At Pacific Mortgage Group, our clients are at the heart of everything we do. We strive to build lasting relationships based on trust and mutual respect. As your Riverside mortgage broker, we are dedicated to ensuring your satisfaction by providing exceptional service, transparent communication, and personalized mortgage solutions.

The Right Mortgage Broker Makes All The Difference

Choosing the right mortgage broker can make all the difference in your home buying journey. If you’re looking for a mortgage broker in Riverside, CA, look no further than Pacific Mortgage Group. Our commitment to excellent service, coupled with our comprehensive mortgage solutions and deep knowledge of the Riverside housing market, makes us the ideal partner in your homeownership journey.

If you are interested in our mortgage brokerage group in or around Riverside County, CA, contact us today by calling (951) 531-1399 or by sending us a message through our contact page. We would love to answer any questions or discuss any concerns you may have about buying a home.

Riverside CA

Mortgage Options

Conventional Home Loans with Pacific Mortgage Group

A conventional loan is a mortgage that isn’t insured or backed by any government agency like the Federal Housing Administration (FHA). Unlike government-backed loans, the terms and conditions of a conventional loan are set by lenders such as Pacific Mortgage Group, rather than government agencies.

Why Choose a Conventional Loan?

While conventional loans may not be suitable for everyone, they offer specific advantages over government-backed loans.

Smoother Transactions with Conventional Loans

To qualify for an FHA loan, your home must meet certain standards set by the FHA and pass an appraisal by an FHA-approved appraiser. This can sometimes lead to last-minute approval issues, creating complications for both buyers and sellers. That’s why many home sellers prefer buyers with conventional loans, which typically involve fewer hurdles and ensure a smoother transaction.

Understanding FHA Loans

An FHA loan is a mortgage designed for low-income home buyers, insured by the Federal Housing Administration. The key benefit of an FHA loan is its lower down payment requirement, making homeownership more accessible for low-income families.

How Does an FHA Loan Differ from a Conventional Loan?

One of the primary advantages of an FHA loan is its lower down payment requirement. In contrast, conventional loans often require higher down payments. Additionally, while conventional loans usually require borrowers to have excellent credit, FHA loans are available to those with fair credit. FHA loans also offer fixed interest rates and loan terms ranging from 15 to 30 years, providing borrowers with predictable, manageable monthly payments.

Eligibility Requirements for FHA Loans

To apply for an FHA loan, you must have a valid Social Security number and be of legal age to sign a mortgage in your state of residence. While FHA loans can be obtained with moderate credit scores (between 500 and 580 in a range of 300 to 850), you should have re-established good credit if you’ve previously faced bankruptcy. Your home must pass a standard appraisal process, and you should have a stable employment history, with at least two years with your current employer. Additionally, your total debt (including the mortgage, student loans, auto loans, and credit card payments) should be less than 50% of your total income.

Successful Mortgage Broker

Pacific Mortgage Group: Your Top-Rated Riverside, CA Mortgage Company

Unlock your dream home with our Riverside mortgage advisors. We simplify the complex loan process into five manageable steps, tailoring our services to your unique needs, whether you’re buying, refinancing, or improving a home.

What Types of Mortgages Does Pacific Mortgage Group Offer in Riverside?

We offer a variety of mortgages in Riverside, including:

How Do I Qualify for a Mortgage with Pacific Mortgage Group?

Your credit score plays a key role in securing a mortgage. Aim for a strong score above 700 for prime mortgage options. However, even if your score falls below this benchmark, FHA loans provide an accessible alternative.

How Does the Mortgage Application Process Work at Pacific Mortgage Group?

We understand that purchasing or refinancing a home can be a daunting process. That’s why at Pacific Mortgage Group, we’ve developed our convenient mobile mortgage app to streamline your journey towards securing a loan—all from the convenience of your smartphone! Real estate agents will also appreciate its features, as it helps them facilitate transactions for their clients with ease.

Can I Get Pre-approved for a Mortgage Before I Start House Hunting in Riverside?

Absolutely. To give your offer on your dream home an advantage, it’s crucial to get pre-approved for a mortgage from a reliable and experienced lender like Pacific Mortgage Group. With a pre-approval letter in hand when making an offer, you can be confident that you’re one step closer to success, and the process will proceed smoothly without any unexpected hurdles!