Fresno California

The “Ash Tree”:

Fresno California is located in Central California, about 2.5 hours inland from Monterey Bay. Surrounding cities include Clovis, Muscatel and Las Palmas. Fresno, CA is the most populous city in the central valley with over 500,000 people calling it home. Fresno is Spanish for “Ash Tree” and the city was given this name for the large number of Ash Trees along the San Joaquin river. Fresno California is a great place to raise a family. Affordable housing, a good economy and family friendly activities make Fresno a desirable location to call home

It Can Get Hot In Fresno:

During the summer months Fresno can get fairly hot; the average temperature in July and August is above 95 degrees. Fresno is home to several minor league sports teams including the Fresno Fuego (Soccer), Fresno Grizzlies (Baseball) and the Fresno Monsters (Ice Hockey). Some of the largest employers in the area are Community Medical Centers, City of Fresno, Saint Agnes Medical Center, and California State University, Fresno. Fresno mortgage rates are similar to those in other California cities and most lenders offer various fixed rate mortgage and adjustable rate mortgage loan programs. Between 2008-2012 home values in Fresno crashed as the country was recovering from the mortgage crisis. Since then home values have stabilized and more recently have risen as mortgage interest rates remain low.

Mortgage Rates - Conforming Loans

 

Mortgage Rates - FHA Loans

 

The Early Days In Fresno:

Fresno in the 1940’s was around 95% Caucasian and since then the city has grown more diverse. By some estimates it’s believe that the largestHome For Sale ethnic population is now Hispanic or Latino. Fresno is home to some great restaurants and nightlife including the Tower District. The Fresno State Bulldogs sports teams are a source of pride for the city and the city puts on a Mardi Gras Parade every year. Another exciting aspect to Fresno is the film festivals, and Island Water Park is one way locals beat the heat during the hot summer months. The Shops at River Park offer three areas for shoppers Roeding Park provides hours and hours of family fun entertainment along with the Discovery Center. An important part of Fresno California is agriculture and this industry provides many jobs to those that call Fresno home.

JB Mortgage Capital, Inc.:

At JB Mortgage Capital, Inc. we offer a wide variety of loan programs, low mortgage rates and top notch customer service. We offer both fixed rate mortgages and adjustable rate mortgages along with one-on-one personal service. That means from application to closing you’ll work directly with Kevin O’Connor and you will not be passed from department to the next.  We have a top rating with the Better Business Bureau and the Business Consumers Alliance. Contact us directly at 1-800-550-5538 for a no cost – no obligation quote. Even if you don’t need a quote but just have a question like “How do I get a low mortgage rate when I’m ready to move forward?” call as we will be happy to answer any questions as well. Our direct number is 1-800-550-5538.

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Are you looking to refinance your mortgage?

Here is an early article about completing a refinance with a reputable mortgage company.

If current mortgage rates are lower than what you already have, then you’ll probably want to look into refinancing. Where do you begin? What is the first step to refinancing your current mortgage? There are so many things associated A+ Ratingwith a mortgage transaction: fixed rate mortgages, adjustable rate mortgages, points, costs, appraisal and the list goes on for things you need to know if you want to refinance your home. Let’s keep it simple and start with the basics; first confirm what type of loan you have and what your current interest rate is on that loan. Also gather some of your income documentation so that you can accurately give the loan officer the amount of your annual income.