Folsom, California Mortgage Rates

If you are looking to purchase a home or you are thinking of refinancing your current mortgage please be sure to contact us for a no-cost/no-obligation quote. We offer low Folsom, California mortgage rates, fast closings, and exceptional service.

You can contact me directly at 1-800-550-5538 or use one of the request forms on our website.

Mortgage Rates In Folsom, California:

FHA Mortgage Rates


Jumbo Mortgage Rates

Living In Folsom, California:

Folsom is a medium-sized city in northern California that has an estimated population of 74,960 people. The city which is located in Sacramento County is popular for ‘Folsom Lake, and the song ‘Folsom Prison’. Folsom is part of the Roseville-Arcade-Arden-Sacramento Metropolitan Statistical Area.

A high percentage of residents in this city are married with kids, as opposed to the rest of the nation. At least 82% of the population is married, with 49% of it, parents.

According to statistics put together by the United States Census Bureau, Folsom, CA has a total area of 88km2 (or 34 square miles). 9.69% of this is water, with the rest (83km2 or 31.9 square miles), land. Folsom’s climate is characterized by rainy and cool winters, as well as dry, hot, and long summers.

California family

Folsom, CA Real Estate:

The median home price in Folsom, CA is over $570,000, which is just above the California average. The median rent price is  $1465, at least 13% more than the Californian average.

Over 60% of Folsom residents own homes, which 2.5 the average number of people residing in each home. In Folsom, you would find a broad array of real estate options, from high-end luxury homes to cost-friendly condos.

Educational Opportunities In Folsom:

In Folsom, you would find a total of 1 post-secondary school, 5 private schools, and 13 public schools. The public community college, Folsom Lake College is a part of the Los Rios Community College District.

The 3 high schools in the region are Cordova High School, Vista del Lago High School, and Folsom High School, while the 4 middle schools in the region are Mitchell Middle School, Mills Middle School, Sutter Middle School, and Folsom Middle School.

The average test score for these schools according to the proficiency score averages is 64%. Every student in Folsom is well tended to, as there is an average student to teacher ratio of 21:1. This statistic made it possible to get an average of 90.5% of students to complete their 8th grade in the region, with an average of 89.7% going on to complete high school.

Climate Conditions:

The highest monthly average temperature of the region is said to be 74 degrees, while the lowest monthly average temperature is 47 degrees. The air quality index of the region is 11% worse than that of the nation’s average.

Thankfully, the pollution index of the region is 15% better than the national average. December is the month that sees the most precipitation with a recorded 3.8 inches.

Income And Employment:

Folsom has an income per capita of $41,732, a full 33% higher than the Californian average and a full 40% greater than that of the nation. The median household income is 61% higher than that of California at $102,692. It is also 86% higher than the nation’s average.

Unemployment is not an issue as the unemployment rate in Elk Grove is 3%, a full 26% less than that of the nation. At 5%, the poverty rate in Folsom is 69% less than that of the nation.

The top employers in Folsom according to statistics by the City’s 2016 Comprehensive Annual Financial Report are Intel Corporation, Folsom Prison, California ISO, Mercy Hospital of Folsom, Folsom Cordova Unified School District, and California State Prison.

Customer Focused

JB Mortgage Capital, Inc. is 100% focused on the customer experience. From loan application to closing you'll work directly with one person the entire time. This ensures for a better experience for the customer and a more efficient loan process.

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Low Mortgage Rates

Making sure we provide industry low mortgage rates is a focal point at JB Mortgage Capital, Inc. We understand the importance of saving money. From fixed rate mortgages to adjustable rate mortgages we offer low rates at great terms.

Cost Of Living And Crime Rates:

The fact employment is high in the region, probably has a role to play in its cost of living index. At 143, the index is 2% higher than that of California and a full 43% higher than that of the nation.

The crime rate in Folsom, CA, according to the annual crime data is 40% lower than that of the Californian average. When compared with the average of the whole United States of America, it is 35% lower.

If violent crimes are checked, Folsom has a 76% lower than violent crime rate, as opposed to that of California, and a 72% lower than violent crime rate, as opposed to that of the nation as a whole.

If property crimes are checked, Folsom has a 34% lower rate than that of California, and a 28% lower rate than that of the nation as a whole.

Additional California Cities:

If you’re looking for additional information on another California city please be sure to visit the main California Mortgage Company page.

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About Loan Officer Kevin O'Connor

About Loan Officer Kevin O'Connor

He is the founder and main contributor of koloans.com. He has over 15 years of experience as a Mortgage Loan Originator (MLO) and is a fully licensed with the state of California and the Nationwide Mortgage Licensing System (NMLS). He has a top rating with the Better Business Bureau and a top rating with Zillow. He continually delivers the results homeowners are looking for; low rates, fast closings and exceptional service: "Helping Homeowners Achieve Their Dreams"  CA DRE #01499872 and NMLS # 247447