* $800,000 | 30-Yr-fixed | Credit Score 800+ | 25% Down Payment
Modesto, CA, is a growing city in California’s Central Valley, known for its rich agricultural roots, affordable housing, and strong sense of community. With a lower cost of living compared to major metro areas, Modesto attracts homebuyers looking for spacious properties, excellent schools, and a more relaxed lifestyle.
Whether you’re purchasing a home in neighborhoods like Del Rio, Sylvan Meadows, or near downtown Modesto, securing the right mortgage is essential. With Sammamish Mortgage, you can explore affordable loan options tailored to your financial needs.
Modesto’s real estate market is appealing to first-time buyers and families looking for more space at a lower cost. The city offers a variety of properties, from modern developments to classic suburban homes. With continued population growth and strong demand, home values are rising, making it a smart investment for buyers.
Getting pre-approved for a mortgage before you start house hunting can increase your chances of success in a competitive market. At Sammamish Mortgage, we provide a streamlined pre-approval process to help you secure financing quickly.
If you own a home in Modesto, refinancing could help you lower your mortgage rate, reduce monthly payments, or access your home’s equity. Many homeowners in Modesto choose refinancing to take advantage of lower interest rates or to free up funds for renovations and other financial goals.
Here are some common refinancing options:
Our mortgage experts will help you explore the best refinancing strategy based on your financial situation.
With decades of experience in California’s mortgage industry, we offer home financing solutions that make buying or refinancing a home in Modesto easier. Here’s why homeowners and buyers choose us:
If you’re ready to buy or refinance a home in Modesto, CA, Sammamish Mortgage is here to help. Contact us today to explore your mortgage options and get pre-approved for your next home.
In order to secure the most favorable mortgage rate, it is essential to find a trustworthy and reputable mortgage lender. Seek out a mortgage lender that employs highly experienced Loan Officers. This approach ensures that you obtain a loan tailored to your specific circumstances, avoiding the risk of borrowing beyond your means.
Modesto borrowers have a wide range of home mortgage options available to them when it comes to real estate.
Getting a 30-year fixed-rate loan usually means paying more in interest over the life of the loan, but gives California homebuyers a low monthly mortgage payment.
If you are a veteran, an active duty service member, or the surviving spouse of a military vet, a VA loan often requires no down payment or a very low down payment.
Low-income and first-time homebuyers can count on an FHA loan to give them flexibility when it comes to their credit score or down payment.
If you live in a very expensive part of the country, don’t give up hope. Jumbo loans can help you if the price of your dream home is a bit over the conventional loan limits.
A mortgage is a loan used to purchase or refinance a home, with the property serving as collateral for the loan.
Eligibility for home loans in California typically depends on factors like credit score, income, down payment, and property type.
The mortgage process usually involves getting pre-approved, submitting a full loan application with documentation, undergoing appraisal and underwriting, and closing on the loan once approved.
Yes, most loans require a down payment, typically 3%–20%, though VA and USDA loans may offer zero down.
Conventional loans generally require a credit score of 620+, FHA loans may allow as low as 580, while jumbo loans often need 700+.
A conforming loan falls under Fannie Mae/Freddie Mac limits ($806,500 baseline in 2025, up to $1,209,750 in high-cost counties), while jumbo loans exceed these loan limits.
Popular options include conventional, FHA, VA, USDA, and jumbo loans.
Closing costs typically range from 2% – 5% of the loan amount, including fees, title insurance, and escrow.
Usually the buyer, but sellers sometimes offer credits to cover part of them.
Yes, if your down payment is less than 20% on a conventional loan, or with FHA loans regardless of down payment.
Yes, but you’ll typically need a larger down payment and higher credit score.
Yes, lenders may accept bank statements, tax returns, or other income documentation to qualify self-employed borrowers.
Yes, you can refinance to lower your rate, change loan terms, or access equity through cash-out refinancing.
Sammamish Mortgage offers $1 lender fees, in-house underwriting for faster approvals, competitive rates, vast network of lenders, and over 1,500 5-star reviews from satisfied clients.
“Licensed by the Department of Financial Protection and Innovation under the Modesto Residential Mortgage Lending Act”
Whether you’re buying a home or ready to refinance, our professionals can help.
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