The following is a partial list of programs offered by Strategic Home Loans with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 805-496-7500.
These materials are not from HUD or FHA and were not approved by HUD or a government agency.
Conventional loans are not government-insured and can support primary residences, second homes, and investment properties. Eligible California buyers can qualify with less than 20% down; credit, occupancy, property type, mortgage insurance, loan limits, and underwriting determine the final structure.
FHA-insured loans can offer a lower down payment and flexible qualification for eligible primary-residence buyers. They include FHA mortgage insurance and require borrower, appraisal, occupancy, property, loan-limit, and lender approval.
VA-guaranteed loans can offer eligible veterans, active-duty service members, and certain surviving spouses financing with no down payment in qualifying cases. Entitlement, occupancy, funding-fee, appraisal, credit, income, and lender requirements apply.
USDA loans can provide eligible buyers with financing for qualifying primary residences in approved rural or suburban areas. Household income limits, property location, occupancy, credit, repayment ability, guarantee fees, and lender requirements apply.
Jumbo loans exceed applicable conforming loan limits and can help finance higher-priced California properties. Down payment, reserves, credit, income documentation, property type, and pricing vary by lender and scenario.
Reverse mortgage programs can allow eligible homeowners to access a portion of home equity without a required monthly principal-and-interest payment. Taxes, insurance, property charges, occupancy, counseling, eligibility, and other loan obligations still apply.
DSCR loans are designed for qualifying investment properties and commonly evaluate rental income against the property’s proposed housing expense rather than using traditional personal-income calculations alone. Program, reserve, appraisal, lease or market-rent, entity, and credit requirements vary.
Construction financing can support eligible new builds or major renovation projects. Plans, permits, budget, builder approval, draw schedules, land equity, reserves, appraisal, and borrower qualification all affect the available structure.
Non-QM loans use alternative qualification methods for borrowers or properties that do not fit standard agency guidelines. Options can include bank-statement, asset-utilization, investor, and other documentation programs, with lender-specific pricing and requirements.
Bank statement loans can help eligible self-employed borrowers document qualifying income through personal or business bank deposits instead of traditional tax-return calculations. Expense factors, deposit history, ownership, credit, reserves, and lender rules apply.
A refinance replaces an existing mortgage with a new loan and can be used to change the rate, term, payment structure, or access equity. Closing costs, break-even timing, loan balance, property value, credit, and long-term interest should be compared carefully.
Foreign national mortgage programs can finance qualifying U.S. real estate for borrowers without standard U.S. citizenship or residency documentation. Down payment, reserves, identity documents, income, assets, credit references, and property-use requirements vary by lender and program.
Commercial real estate loans can support qualifying business-purpose properties such as multifamily, mixed-use, office, retail, and industrial assets. Property cash flow, sponsorship, occupancy, experience, valuation, reserves, and lender terms determine the structure.