Steps to financing your new home
Congratulations on your decision to purchase a new home!
Once you've found the home you've always dreamed of, what do you do next? California West Communities and Pacific Sun Mortgage are working to provide you the best new home financing options. Pacific Sun Mortgage is a full-service lender who are specialists in the new home buying process with access to a national marketplace for mortgage loan options. Our lending team offers personalized assistance and will work confidentially with you to sort through the many lending options and help you find the loan that is best for you. Here is what to expect along the way:
Determine how much you can borrow.
There are several factors that effect how much you can borrow. How much can you afford to pay monthly? How much can you put down? What options will you be wanting in your new home and how do those costs weigh in. What type of credit rating do you have? What is your employment history? What is your debt ratio to income? You can get an idea of what your monthly payment might be by using the mortgage calculator. Try different scenarios to help you determine how much home you can afford.
Pre-Qualify for your loan with our preferred lender Pacific Sun Mortgage.
Your homebuying process begins by prequalifying for your loan. In order to purchase your new home, all homebuyers must prequalify for a loan through Pacific Sun Mortgage. On their website you'll find a sample loan checklist and application. Please review the checklist and supply all items requested. If you have any questions as to which information is required for your circumstance or loan type, please be sure to contact Pacific Sun. The prompt and accurate completion of your loan package will greatly expedite your loan process. Pacific Sun's friendly and knowledgeable team will work with you to determine how much house you can afford and offer a wide variety of financing options that will be tailored to fit your individual needs.
If you have any general questions about the loan process or need assistance in completing your loan application please do not hesitate to contact Pacific Sun Mortgage at (858) 436-0414.