Compare Home Financing from the Best Mortgage Lenders

Many types of mortgage loans exist. Conventional loans, FHA loans, VA loans, fixed-rate loans, adjustable-rate mortgages, jumbo loans, and more. Each mortgage loan may require certain down payments or specify standards for the loan amount, mortgage insurance, and interest.

Fixed-Rate Loans

A conventional fixed-rate loan has the same mortgage payments over the life of the loan. A conventional loan typically requires a slightly higher down payment and can be harder to qualify for than an FHA loan. On the other hand, rates may be lower as well as closing costs. Typical fixed-rate loans are for 30, 20, or 15 years.

With a conventional fixed-rate loan, monthly mortgage insurance is usually less than other loans and may even be waived with a minimum 20% down payment.


With a fixed-rate home loan, the faster you pay off the loan, the better interest rate you may be able to get. In general, the longer a lender agrees to keep the interest rate "fixed," the greater the risk to the lender. Therefore, the interest rate on a 15-year fixed-rate loan is slightly lower than on a 20 or a 30-year fixed-rate loan.

Of course, monthly payments for shorter-term loans are higher than a 30-year fixed-rate loan. You will need to take into consideration how much you'll be able to pay each month when selecting the length of your loan.


  • Buy a home with as little as 5% down (primary home)

  • Refinance up to 95% of your primary home's value

  • Monthly payments remain the same for the entire home loan term

Adjustable-Rate Loans

The type of loan that has monthly payments based on a 30-year repayment schedule and the interest rate remains fixed for the first few years. The interest rate (monthly payments) may change after that. This is called the "adjustment period."

The new rate is based upon changes in a financial index and is calculated by adding a specified amount to the index. The amount that is added to the index is called the margin. Let's say the index equals 4.5% at the time of adjustment and the margin equals 2.50%, the new interest rate would be 7%. However, adjustable loans usually have an adjustment cap. So if the adjustment cap is 2%, the new rate would be 6.5%.

Young Family with Home Financing

There is also a lifetime cap that limits how much the rate can go up or down during the life of the home loan. These loans can work out well for people who stay in their house for the short term.


Monthly payments are based on a 30-year home loan repayment schedule. The rate stays fixed for the first 3, 5, or 7 years (depending on the chosen term), and then adjusting annually thereafter.

FHA Loans

An FHA (Federal Housing Administration) loan is a loan insured against default by the FHA. In other words, the FHA guarantees that a lender won’t have to write off a loan if the borrower defaults – the FHA will pay.

FHA loans allow people to buy a home with a down payment as small as 3.5%. Other loans might not allow such a low down payment.


Almost anybody can get an FHA loan, however, FHA loans 

are not for everybody. Nevertheless, they are a great help to some borrowers. Although there are no income limits, there are limits on how much you can borrow. In general, you're limited to median home prices in your area. To find the limits in your region, visit HUD's Website.

To qualify for an FHA mortgage loan, you'll need to have reasonable debt to income ratios. You don't need perfect credit but you will need to have a credit score of at least 620.


Amerifund is the best place to go. Save time and money by getting a loan with Amerifund. Our patented technology allows us to approve your FHA lending application faster than other companies, with a reliable rate, and transparent terms and conditions. We are the best FHA loan lenders near me in Southern California!


  • Only 3.5% down payment required on purchase

  • Easier to use gifts for the down payment and closing costs

  • No prepayment penalty

  • Financing for home improvement using FHA 203k programs

  • Post-bankruptcy qualifying - 2 years after

  • Post-foreclosure qualifying - 3 years after

VA Loans

For military veterans, a VA loan is perhaps the most flexible lending option on the market. The VA (Department of Veterans Affairs) pledges to repay about a quarter of every mortgage loan it guarantees in the unlikely event that the borrower defaults. This guarantee gives VA-approved lenders greater protection when lending to military borrowers and often leads to highly competitive rates and terms for qualified veterans.


Far and away, the most significant benefit of a VA loan is the borrower's ability to purchase a mortgage loan with no money 

down. Apart from the government's UDSA's Rural Development home loan and Fannie Mae's Home Path, it's all but impossible to find another lending option today that provides borrowers with 100 percent financing.

VA mortgage rates and loans also come with less stringent underwriting standards and requirements than conventional loans. In fact, about 80 percent of VA borrowers could not have qualified for a conventional loan. These loans also come with no private mortgage insurance (PMI), a monthly expense that conventional borrowers are required to pay unless they put down at least 20 percent of the loan amount.


  • Higher allowable debt-to-income ratios than for many other home loans

  • Streamlined refinancing loans that require no additional underwriting

  • Sellers can pay up to 6 percent of closing costs and concessions

  • Mortgage loan down payments are as low as 0%

  • Competitive interest rates that are routinely lower than conventional rates

  • No prepayment penalties

Work with Our Team of Mortgage Lenders

Our mortgage lenders are a team of professionals who have the experience and expertise needed to help you find the best loan option for you. Our friendly staff is always available to answer your questions, provide feedback, and ensure all your needs are met.

We Are One of the Best Private Mortgage Lenders

As private mortgage lenders, we offer lower rates, flexible payment options, and more personalized service than banks. We often help first-time homebuyers and those who need to refinance their current mortgage.

Stop Looking for Other Mortgage Lenders Near Me

Our mortgage lenders near me are always willing to help you with your loan process, from start to finish. They will ensure that you get the best results for your loan and do their best to make the process as quick and easy as possible. We are the best option for you.

Mortgage Lenders Near Me


We take pride in providing you with excellent service and appreciate the opportunity to assist you with all your real estate and mortgage needs.


NMLS# 2174179
CalBRE# 01925363


Orange County Office 
(714) 500-5001

17155 Newhope St. Suite H
Fountain Valley, CA 92708