The Best Mortgage Lenders in Fulton, CA
Compare verified mortgage lenders serving Fulton, California. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fulton
Featured Mortgage Lenders
Redwood Credit Union
Redwood Credit Union
Redwood Credit Union is one of the most highly-rated financial institutions serving the North Bay area, including Fulton and surrounding Sonoma County. With over six decades of community banking experience, they offer personalized mortgage services with competitive rates and exceptional member service. Their mortgage team provides comprehensive guidance through the entire home loan process, from pre-approval to closing, with a strong focus on local market expertise and customer education.
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Summit State Bank
Summit State Bank
As a community bank deeply rooted in Sonoma County, Summit State Bank has built an outstanding reputation for mortgage lending in the Fulton area. They offer personalized service with local decision-making, allowing for more flexibility and faster turnaround times. Their experienced loan officers provide tailored mortgage solutions for various property types, including primary residences, second homes, and investment properties, with a strong emphasis on building long-term customer relationships.
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Guild Mortgage
Guild Mortgage Company
Guild Mortgage maintains a strong local presence in Sonoma County with experienced loan officers who specialize in serving the Fulton and greater Santa Rosa area. As a national lender with deep local roots, they offer an extensive range of loan products with competitive rates and exceptional customer service. Their team is particularly skilled at navigating complex financing scenarios and providing educational resources to help borrowers make informed decisions throughout the home buying process.
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Frequently Asked Questions
Common questions about mortgage lending in Fulton, CA
What are the current mortgage rates like for homes in Fulton, CA?
Mortgage rates in Fulton are generally competitive with the broader Sonoma County market, but can be slightly influenced by the area's specific property types and demand. As of recent trends, rates for a 30-year fixed mortgage typically range from the mid-6% to low-7% range, but it's essential to get personalized quotes from local lenders as rates fluctuate daily. Fulton's proximity to Santa Rosa and its desirable location can sometimes affect lender risk assessments and thus rate offerings.
Are there any first-time homebuyer programs specific to Fulton that can help with down payments?
While Fulton itself doesn't offer city-specific programs, homebuyers can access Sonoma County and California state programs like the Sonoma County Mortgage Credit Certificate (MCC) Program or the CalHFA MyHome Assistance Program. These programs provide down payment assistance and federal tax credits, which are particularly valuable in Fulton's competitive market where down payment requirements can be a significant barrier to entry.
How does Fulton's location in Sonoma County affect mortgage lending and property eligibility?
Fulton's position within Sonoma County means properties may be subject to specific zoning, environmental considerations (like wildfire risk), and higher property values that influence loan amounts and types. Lenders might require additional inspections or insurance in certain areas, and jumbo loans are more common here due to the higher median home prices compared to national averages. Understanding these local factors is crucial for a smooth mortgage process in Fulton.
What types of properties are most common in Fulton, and does that affect the type of mortgage I should get?
Fulton features a mix of single-family homes, some older properties, and newer developments, which can influence mortgage choices. For example, if you're considering an older home, an FHA 203(k) loan might be beneficial for financing renovations, while conventional loans are common for newer builds. Given the area's higher home values, many buyers also explore jumbo loan options, which have stricter credit and down payment requirements.
Are there any local property tax considerations in Fulton that could impact my mortgage payments?
Yes, Sonoma County property tax rates apply in Fulton, typically around 1% of the assessed value plus additional voter-approved bonds and levies. These taxes are often included in your monthly mortgage payment via an escrow account. It's important to factor in potential tax increases, especially after purchasing a home, as property values in this desirable area can rise, affecting your overall housing cost.
Why Choose a Mortgage Lender in Fulton?
Local Market Knowledge
Lenders who understand Fulton's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in California.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Fulton and get competitive rates on your home loan.