We offer mortgages for your property in Riverside. Whether you are financing a new home, refinancing an existing property, or looking for a home equity loan, we can find the best home loan product for you in Riverside. We work with local and national lenders to make sure that you get the best rate possible.
Riverside is still affordable, with fifteen percent of households able to afford a median priced home. The local economy is strong, with new building, retail and business moving in. One thing we can guarantee is that with California Mortgage we will find you the best rate in Riverside, no matter what your credit situation might be.
Buying a new home in Riverside
Some things you might want to keep in mind when buying a new home are; 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 Riverside property taxes. We have some great mortgage calculators that can help you figure how much home will fit into your monthly budget. Don’t forget there are many other home options out there specifically for California residences.
Refinancing in Riverside, CA
It may be time to refinance. 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. That is why we are here.We have some great online refinance calculators that can help you figure out 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.
Quick Riverside Housing facts
Median Household Income: $48,364
Median Riverside Home Value: $306,634
Home price gain, 2 – 5 years: 41.18%
Riverside, 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.