The Best Mortgage Lenders in Quincy, CA
Compare verified mortgage lenders serving Quincy, California. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Quincy
Featured Mortgage Lenders
American Pacific Mortgage
American Pacific Mortgage Corporation
American Pacific Mortgage is a highly regarded regional lender with over 28 years of experience, specializing in serving Northern California communities including Quincy. They are known for competitive rates, personalized service, and expertise in rural and mountain property loans. With strong customer satisfaction ratings and a wide range of loan products, they have built a reputation for reliability and local market knowledge, making them a top choice for homebuyers in the area.
Loan Types:
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a nationally recognized mortgage lender with a strong digital platform and high customer satisfaction scores. They serve Quincy and surrounding regions with competitive rates, efficient processing, and a variety of loan options. Their extensive experience and commitment to transparency have earned them numerous industry awards, and they are praised for making the mortgage process straightforward and accessible, even in rural areas like Plumas County.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is known for its community-focused approach and fast closing times, with a significant presence in California including rural areas like Quincy. They offer personalized service, competitive rates, and a broad range of loan products tailored to diverse needs. Their dedication to customer satisfaction and local engagement makes them a reliable option for homebuyers seeking a seamless mortgage experience in the Sierra Nevada region.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Quincy, CA
What are the current mortgage rates like for homes in Quincy, CA?
Mortgage rates in Quincy are generally competitive with national averages but can be influenced by the rural nature of Plumas County. As of late 2023, rates for 30-year fixed mortgages typically range from 6.5% to 7.5%, though this varies by lender and borrower qualifications. Local credit unions like Plumas Bank often offer competitive rates for Quincy homebuyers.
Are there any special mortgage programs for first-time homebuyers in Quincy?
Yes, Quincy homebuyers can access California's CalHFA programs including the CalHFA Conventional loan with down payment assistance. Plumas County also offers local assistance programs through the Rural Communities Housing Development Corporation, which provides affordable financing options specifically for low-to-moderate income buyers in our rural community.
How does Quincy's rural location affect the mortgage process?
Quincy's rural designation can impact lending through USDA Rural Development loans, which offer 100% financing for qualified buyers. However, some national lenders may have stricter requirements for rural properties, particularly regarding well and septic systems. Working with local lenders familiar with Plumas County properties can streamline this process.
What should I know about property taxes and insurance when getting a mortgage in Quincy?
Plumas County property taxes are approximately 1% of the purchase price, plus local assessments. Homeowners insurance in Quincy often includes wildfire coverage, which can be more expensive due to our forested location. Many lenders require evidence of adequate wildfire insurance before approving mortgages in the area.
Are there any local down payment assistance programs specific to Quincy?
Yes, the Plumas County Housing Authority offers down payment assistance programs for income-qualified buyers. Additionally, the California Housing Finance Agency's MyHome Assistance Program provides up to 3.5% of the purchase price in down payment assistance for Quincy residents, which can be combined with first-time homebuyer programs.
Why Choose a Mortgage Lender in Quincy?
Local Market Knowledge
Lenders who understand Quincy'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 Quincy and get competitive rates on your home loan.