California Mortgage Loans



1. Home loans are the most popular type of California mortgage loans.

True
This type of financing usually focuses on homes due to the size of the real estate business in California. California residents can buy or refinance their homes utilizing a California lending institution. Several California lending companies exist that specifically service California home owners or those that are purchasing a home within the state.


2. Students can apply for an educational California loan.

True
California educational financing is available for students to assist them with the costs of their education. Students who are residents of California should research the special California educational financing programs offered specifically for them. Only a resident of California can acquire these types of funds for educational purposes and must present proof of residency when applying.


3. A California mortgage loan lender can provide good rates if you are looking to buy or build a home in California.

True
It is possible to find good interest rates on your next purchased property in California. Interest rates fluctuate greatly and vary from company to company. It is wise to compare several California home lenders to find the best interest rates available for a particular situation.


4. California loans are only available for education and home buyers.

False
Loans for education and home buyers may be the most popular sources of financing, but there are many other types of funding programs offered. A California funding program can offer services as varied as small business funding, automotive financing, personal and debt consolidation, a variety of other borrower programs. With a little research, it is possible to find great rates on any type California loan.


5. It is wise to seek counsel before getting a California mortgage loan.

True
Proverbs 15:22 - Without counsel purposes are disappointed: but in the multitude of counselors they are established.


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