Products

Golden Equity Mortgage offers a variety of loan programs to meet your individual needs. We work with the leading lenders in the industry to provide the following loan programs:

Thirty-Year Fixed Rate Mortgage

The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change. This may be a good choice if you plan to stay in your home for seven years or longer. If you plan to move within seven years, then adjustable-rate loans are usually cheaper. As a rule of thumb, it may be harder to qualify for fixed-rate loans than for adjustable rate loans. When interest rates are low, fixed-rate loans are generally not that much more expensive than adjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.

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Fifteen-Year Fixed Rate Mortgage

This loan is fully amortized over a 15-year period and features constant monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate -- and you'll own your home twice as fast. The disadvantage is that, with a 15-year loan, you commit to a higher monthly payment. Many borrowers opt for a 30-year fixed-rate loan and voluntarily make larger payments that will pay off their loan in 15 years. This approach is often safer than committing to a higher monthly payment, since the difference in interest rates isn't that great.

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Intermediate ARM (3/1 ARM, 5/1 ARM, 7/1 ARM)

These increasingly popular ARMS -- also called 3/1, 5/1 or 7/1 -- can offer the best of both worlds: lower interest rates (like ARMs) and a fixed payment for a longer period of time than most adjustable rate loans. For example, a "5/1 loan" has a fixed monthly payment and interest for the first five years and then turns into a traditional adjustable-rate loan, based on then-current rates for the remaining 25 years. It's a good choice for people who expect to move (or refinance) before or shortly after the adjustment occurs.

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Construction Loans

One loan, one closing, and one set of fees! Getting approved for a construction loan often requires applying for two loans--one for construction financing and one for permanent financing. But, at Golden Equity Mortgage, we offer a Construction-To-Permanent loan that combines both types of financing into one loan. This takes you from groundbreaking to completion in one easy process.

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2/1 Buy Down Mortgages

The 2/1 Buy-Down Mortgage allows the borrower to qualify at below market rates so they can borrow more. The initial starting interest rate increases by 1% at the end of the first year and adjusts again by another 1% at the end of the second year. It then remains at a fixed interest rate for the remainder of the loan term. Borrowers often refinance at the end of the second year to obtain the best long-term rates. However, keeping the loan in place even for three full years or more will keep their average interest rate in line with the original market conditions.

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Jumbo Mortgages

Golden Equity Mortgage has earned industry credibility through its leading market expertise and individualized approach to serving the unique needs of Jumbo borrowers.

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First Time Home Buyer Loans

Owning a home can be a significant first step in attaining financial independence. We can help you eliminate rent payments, build equity, and feel the personal satisfaction of calling a home your own.

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Less Than Perfect Credit?

We specialize in helping people purchase or refinance a home regardless of credit history. Get the CASH you need to consolidate bills, lower monthly payments or fill your own pockets. It's up to you!

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FHA Home Loans

FHA loans allow home buyers to buy a home with a 3% down payment and current home owners to refinance up to 97% of their home's value.

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Use our online tools to learn more about home loans and find the best loan options to suit your needs and goals. You can even begin the application process online! You can explore our site without any obligation or disclosure of personal information...

CalSTRS Home Loans

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This loan is a special program offer to members of the California Teachers Retirement Program only,  borrowers may be active employees or retired.

Low Cost Loans with Many Options

Whether you are dreaming of buying a new home, lowering your existing payments, or taking cash out, the CalSTRS Home Loan Program can help by offering competitive rates on a variety of mortgage loan programs:

  • Conventional 15 or 30 year Fixed Rate Program — Competitive rates are available for buying a new home or refinancing to meet your individual needs. Mortgage loan amounts are available up to $834,000 .
  • Zero Down (95/5) — You can buy a new home without any money down (you must pay closing costs). Mortgage loan amounts are available up to $650,000 .
  • 80/17 Program — Qualifying for a larger home mortgage is now available because of the low payment during the 5-year second mortgage deferral period.Mortgage loan amounts are available up to $650,000 .
  • All program interest rates are set daily and are very competitive in the industry.
  • You will receive a FREE 45-day interest rate lock upon submission of your application, to protect you from rising rates.
  • In the event interest rates fall after you have applied for your loan, CalSTRS offers you a one time interest rate reduction (float down option) - saving you money.

    For more information on current CalSTRS rates and programs:    Click Here 

    CalPERS Home Loan (California Public Employees Retirement System)

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    Golden Equity Mortgage is an approved California Public Employees Retirement System (“CalPERS”) lender.  CalPERS members are eligible for program benefits such as reduced fees, highly competitive rates, and special low or no downpayment programs.  Such programs are available to any active, inactive, or retired member of CalPERS, Legislators’ Retirement System (LRS), or the Judges’ Retirement System (JRS). Qualifying for a CalPERS Home Loan is no different from qualifying for any other type of mortgage. But, the CalPERS program offers you many advantages over other loan programs.  Key features include a free 60-day CalPERS interest rate lock with float down option.

    • 100% Financing options & down payment assistance