The Best Mortgage Lenders in North Highlands, CA
Compare verified mortgage lenders serving North Highlands, California. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in North Highlands
Featured Mortgage Lenders
Golden 1 Credit Union Mortgage Department
Golden 1 Credit Union
Golden 1 Credit Union is one of California's largest and most trusted credit unions with a strong presence throughout the Sacramento region. They consistently receive exceptional ratings for their competitive mortgage rates, personalized service, and member-focused approach. As a not-for-profit institution, they often offer lower fees and better terms than traditional banks. Their mortgage team has extensive experience with all loan types and provides comprehensive guidance through the entire homebuying process, making them a top choice for North Highlands residents.
Loan Types:
Axia Home Loans
Axia Home Loans
Axia Home Loans is a highly-rated local mortgage broker serving the entire Sacramento metropolitan area, including North Highlands. They have built an outstanding reputation for their exceptional customer service, competitive rates, and efficient loan processing. The company specializes in finding the right loan products for each client's unique situation and has particular expertise with first-time homebuyer programs and government-backed loans. Their team of experienced loan officers provides personalized attention throughout the mortgage process, earning them consistently excellent reviews from Sacramento-area homebuyers.
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Guild Mortgage Company - Sacramento Branch
Guild Mortgage Company
Guild Mortgage is a nationally recognized lender with a strong local presence in the Sacramento area, including dedicated service for North Highlands clients. With over 60 years in business, they offer exceptional stability and expertise across all mortgage types. The Sacramento branch receives outstanding ratings for their knowledgeable loan officers, streamlined application process, and commitment to customer satisfaction. They are particularly noted for their expertise in government-backed loans and their ability to close loans quickly, making them a reliable choice for both purchase and refinance transactions in the North Highlands market.
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Frequently Asked Questions
Common questions about mortgage lending in North Highlands, CA
What are the current mortgage rates like for homebuyers in North Highlands, CA?
Mortgage rates in North Highlands are generally competitive with national averages but can vary based on lender and borrower qualifications. Currently, rates for 30-year fixed mortgages typically range from 6.5% to 7.25% depending on credit score and down payment. Local lenders familiar with Sacramento County markets often offer competitive rates, so it's worth comparing multiple options.
Are there any first-time homebuyer programs specifically available in North Highlands?
Yes, North Highlands homebuyers can access several California first-time homebuyer programs including the CalHFA Conventional and FHA loan programs with down payment assistance. Additionally, Sacramento County offers the Mortgage Credit Certificate (MCC) program, which provides a federal tax credit for a portion of mortgage interest paid. These programs can be particularly helpful given North Highlands' relatively affordable housing market compared to other Sacramento areas.
How does North Highlands' location within Sacramento County affect mortgage lending requirements?
Being in Sacramento County means lenders consider North Highlands part of the broader Sacramento metro housing market, which typically has standard lending requirements. However, some lenders may have specific property condition requirements given the area's mix of older and newer homes. Flood insurance requirements may also apply to properties near Dry Creek or other water sources, which can affect loan costs.
What types of properties in North Highlands might require special mortgage consideration?
North Highlands has many manufactured homes and older properties built before 1978, which may require specialized loans like FHA Title I or specific renovation loans. Manufactured homes must meet HUD standards and be permanently affixed to qualify for conventional financing. Older homes might need additional inspections for lead-based paint or foundation issues that could affect loan approval.
Are there any local down payment assistance programs available for North Highlands homebuyers?
Yes, through Sacramento County's Neighborhood Stabilization Program and the CalHFA MyHome Assistance Program, eligible buyers can receive up to 3.5% of the purchase price for down payment and closing costs. These programs are particularly valuable in North Highlands where median home prices are below Sacramento County averages, making homeownership more accessible with smaller initial investments.
Nearby Cities
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Why Choose a Mortgage Lender in North Highlands?
Local Market Knowledge
Lenders who understand North Highlands'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 North Highlands and get competitive rates on your home loan.