Looking for the right mortgage in Oakland? We offer many options for homebuyers and homeowners in Oakland; mortgages, home equity loans, or refinancing are just some of the products we can find to fit your needs.
Oakland is still more affordable than neighboring cities in the East Bay. A tight inventory means prices have not moderated dramatically; however, condominium sales continue to be strong, and have appreciated at a higher rate than single-family homes over the past four years. One thing we can guarantee is that with California Mortgage we will find you the best rate in Oakland, no matter what your credit situation might be.
Buying a new home in Oakland
Don’t forget there are many home options out there specifically for California residences. We have some great mortgage calculators that can help you figure how much home will fit into your monthly budget. You might want to consider; how much can you afford to pay each month; what are current mortgage rates; what kind of loan program might work for you; and what are Oakland property taxes. We work with local and national lenders to make sure that you get the best rate possible.
Refinancing in Oakland, CA
We are here to help with refinancing. It can be overwhelming, considering the options available. Our online refinance calculators can help you figure what your new payments will be, how much you can save over the life of the loan, and how much you might want to pull out of your home based on monthly payments. Remember, a refinance loan is a great way to pay off your high interest credit cards. It may also be time to lock in long-term fixed rates on your mortgage, ensuring a predictable monthly payment rather than the variability of adjustable rates.
Quick Oakland Housing facts
Median Household Income: $47,898
Median Oakland Home Value: $450,781
Home price gain, 2 – 5 years: 22.88%
Percent of Homeowners: 41%
Percent of Renters: 59%
Oakland, CA Taxes
The property tax rate in California is 1%, or $1 for every $100 assessed value, with a 2% increase each subsequent year. Be sure to check whether your property is in a special levy district. There could be local bonds issued after a referendum voted locally for schools, libraries, sewers, etc.
This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.