Mortgage Lenders Fresno – When it comes to buying a house, Fresno, California, is a great place to be. The cost of living is relatively low, the climate is pleasant, and there are plenty of job opportunities. In addition, Fresno is home to a diverse population, with people from all walks of life calling it their home. With affordable prices and a wide variety of neighborhoods to choose from, you’re sure to find the perfect home for your family. To assist you in purchasing your dream home, mortgage lenders in Fresno can provide you with excellent services.
Let’s Get to Know More About Fresno
This vibrant city is located in the San Joaquin Valley. There is never a dull moment in this metropolis, which is the fifth-largest in the state of California. The city has over 1.88 million acres of the most productive farmland in the world and is known for its agricultural wealth.
Fresno also has about 300 days of sunshine a year. Yosemite, Kings Canyon, and Sequoia are only a 90-minute drive from Fresno, making it the only metropolitan area in California to be situated in the middle of three national parks.
Why Move To Fresno?
The Fresno residents find it a terrific place to live and work. Let’s understand why hundreds of families continue to move here every year.
Cost Of Living: Fresno is one of the most inexpensive cities of California. The price of almost everything, including food, healthcare, housing, and transportation, is far lower than the state average. Even healthcare expenses in Fresno are 9.4% less expensive than those nationwide.
Best of Both Worlds: Fresno offers metro lifestyle and convenience with a small-town feel. City lovers are drawn to the area by the abundance of stores, fantastic restaurants, and large businesses. In addition, farmers’ markets, community events, and friendly neighbors are all warming small-town hearts.
Outdoor Recreation: The San Joaquin River runs through Fresno, providing many opportunities for fishing, swimming, rafting, and kayaking. There are also numerous parks and hiking trails in the area. And several championship courses located in Fresno for golf lovers.
Booming Economy: Other than farming, Fresno is home to a ton of unique activities that offer its citizens a wealth of exciting alternatives. As a result, by the year 2024, there should be 43,000 more jobs in the city, representing a growth in employment of 12.3% over the next ten years.
Family-Friendly Environment: Fresno is a great place to raise a family. The crime rate is relatively low, and there are plenty of activities and events for families to enjoy together. In addition, the schools in Fresno are some of the best in California.
Best Education System: There are 100 schools in the Fresno Unified School District, serving 70,088 students. Each year, the Fresno Unified School District spends $14,848 on each student. In addition, 99.8% of the Fresno Unified School District teachers are certified, and 83.7% have three or more years of experience.
Real Estate Trends In Fresno
Fresno is one of the top domestic markets in the nation to watch in 2022.
Median Home Price: According to Redfin, the median sale price of a home in June 2022 was $381,000. This was an increase of 10.8% from the previous year. The median listing home price per square foot is $239.
Days on Market: Compared to last year, when properties typically spent 8 days on the market before selling, most homes now spend 9 days there.
Fast Moving Real Estate: Redfin reports that the average homes sell for about 2% over the listing price. On the other hand, hot homes can sell for 5% over the listing price and go pending in only 6 days.
Housing Inventory: According to Realtor.com, there are over 1,500 homes for sale with around 130 newly constructed houses.
The real estate market in Fresno is hot, with homes selling for over the listing price and properties spending an average of 9 days on the market. So, if you are considering purchasing a home in Fresno, now is a good time to do so. With so much variety in the types of housing available, you are sure to find the perfect match for you!
List Of Mortgage Lenders In Fresno
Because every mortgage lender has access to different loans with different rates, finding a mortgage provider who will make an effort to guarantee that you get the best rate available is essential. For your reference, below is a list of the best mortgage lenders in Fresno.
1. Reliance Financial
Reliance Financial is one of the premiere mortgage lenders in Fresno, CA. We take pride in providing excellent financing service with low rates. In addition, we make the loan application procedure easy, clear-cut, and quick for all kinds of borrowers. Whether you’re seeking to refinance an existing loan or are purchasing your dream home, our team of highly qualified mortgage specialists is here to assist you in finding the best financing choice.
The lowest possible interest rates and the best customer service are priorities for Reliance Financial. We utilize cutting-edge technologies to simplify the loan application process for our clientele. In addition, we establish close ties with each of our customers to ensure that their mortgages follow their life goals. If you’re looking for a mortgage advisor that you can rely on, look no further than Reliance Financial. We’re here to help you achieve your dreams.
Contact us today to learn more about how we can help you with your mortgage needs.
2. Alameda Mortgage
Alameda Mortgage Corporation offers clients qualified mortgage lending choices in the greater Fresno area. Their crew is prepared to assist clients with any mortgage requirements and is qualified and knowledgeable. The company prioritizes quality over quantity and may finalize loans for customers in as little as 15 days while providing well-informed advice. To meet their client’s needs, they provide a range of options.
Alameda Mortgage offers personalized loan solutions for customers with various requirements and spending limits. Customers are eligible for a free consultation. Contact them today for more information.
3. Platinum Home Mortgage
One of the biggest independent mortgage providers in the region is Platinum Home Mortgage. When it comes to their customer’s financial needs, their crew is committed to providing top-notch customer service. They research the market to locate the greatest mortgage deal for your situation. This mortgage firm offers financing options to their clients to satisfy their unique needs and expectations. They strive to make the mortgage application and approval procedure as simple and easy as possible for the client.
4. Kings Mortgage
Kings Mortgage Services, Inc. is a full service mortgage firm located in Clovis that offers services to clients in and around the area, including Fresno. It provides a range of lending options, including conventional, jumbo, FHA, VA, and USDA loans. With its online application form and contact information, the business also provides clients with advice on refinancing their mortgages. Kings Mortgage Services maintains an in-house underwriting, processing, and funding division.
5. Western Pioneers Financial
Families and individuals in Fresno and the surrounding areas can take advantage of the services offered by Western Pioneer Financial. It provides a range of alternatives for home purchases and refinancing, including jumbo loans, adjustable rate mortgages, FHA, VA, and 15- and 30-year fixed mortgages. It also deals with reverse mortgages, which help clients 62 years of age and older turn home equity into cash without making monthly payments. Together, the team’s experience in the finance and real estate industries exceeds 35 years.
Everyone has a somewhat different definition of what it means to live the California dream. And although some people appreciate living near the seaside and trees, others might prefer a shorter commute to work and a variety of cheap housing options. Thankfully, Fresno has everything you need. The city has a lot to offer in terms of jobs, education, and entertainment. With its central location in California, residents also have easy access to some of the most beautiful areas in the country.
The team at Reliance Financial has more than 18 years of loan experience. We consistently rank among the best mortgage companies in California regarding overall client satisfaction. Given the constantly moving nature of our housing and mortgage markets, we can help you sort through the many possibilities to find the right loan for your family, your needs, and your financial status. Fresno is an up-and-coming city with a lot to offer, so don’t wait any longer – make it your home! Contact Reliance Financial to begin your home buying journey today!