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Your Modesto
Lender and Mortgage Resource
| Why Mortgage Lenders Plus? |
| Certified lenders compete for your loan and you compare and choose from multiple offers online! |
Trained consultants are available to assist you whenever you need them. Apply Today |
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Would you like to buy or refinance a home in Modesto? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Modesto mortgage lenders strive to provide the best mortgage rates available in the Modesto area. Back to California Mortgage
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Search and Compare Mortgage Rates
The next step is hunting down the best mortgage for that Modesto home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Modesto lenders that will compete to provide a loan at the lowest rate, matching you with nearly 38 Modesto mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.
How much of a Mortgage?
Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Modesto mortgage payment was $1,532 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Modesto home.
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Modesto Mortgage Lenders
Modesto is a major city in California with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as:
Aegis Wholesale Corporation, Central Pacific Mortgage Co, Eagle Home Mortgage Inc, First Mortgage Corporation.Bank Of America Na Charlotte.American Home Mortgage Corp.Mortgagetree Lending.Comunity Lending Inc.Countrywide Home Loans Inc.Ctx Mortgage Company llc.
Modesto Mortgage & Real Estate Market
In 2006 Modesto housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Modesto was $336,900. This number is big in comparison to the median home value back in 2000 of $126,000. Modesto has a solid home ownership base with 70,864 houses and apartments and 58% of those are occupied by their owners. Despite the current market, historically Modesto has been a city where people move, buy and stay - with 60% of homeowners currently paying off a mortgage. About 20% of the city's current homeowners are carrying a second mortgage or home equity loan.
| Direct Mortgage Source |
3517 Camino Del Rio South #410
San Diego, CA
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Phone: (888) 940-RATE ext.11
Ask for: LaRose Dave
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| Special Mortgage Programs |
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Wholesale rates direct to consumers! Jumbo Specialists! Do it yourself-Click on "website" above or call (888)940-RATE for great wholesale rates! We are a full service lender. Contact us for all mortgages-Purchase/Refi/Cashout/Interest Only-We have it all!
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Modesto, CA Real Estate Market View
updated Friday, May 16, 2008
| Housing |
Modesto, CA |
United States |
| Homes Owned |
57.18% |
64.07%
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| Home Appreciation |
27.40% |
9.80%
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| Median Home Cost |
$354,500 |
$217,200
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| Homes Rented |
39.51% |
21.45%
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Popular Cities and Towns
| Location |
Population |
Median Family Income (2005) |
| Anaheim |
328,014 |
$47,122 |
| Bakersfield |
247,057 |
$39,982 |
| Chula Vista |
173,556 |
$44,861 |
| Fremont |
203,413 |
$76,579 |
| Fresno |
427,652 |
$32,236 |
| Glendale |
194,973 |
$41,805 |
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Modesto Mortgage Statistics
| Category |
Value |
| Home Equity Loan Only |
6% |
| Homes With No Mortgage |
20% |
| 2nd Mortgage or Home Equity |
20% |
| Second Mortgage Only |
14% |
| First Mortgage Only |
60% |
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Additional Modesto Lenders
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Modesto Real Estate Agents
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The Property Exchange
426 14TH ST
MODESTO, CA 95354-2603
(209)-576-7400
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Prudential California Realty
1101 Sylvan Ave
Suite A7
Modesto, CA 95350-1607
(209)-758-3466
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DBC REAL ESTATE
PO BOX 4137
Modesto, CA 95352
(209)-549-1999
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American Real Estate, Inc.
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Modesto, CA 95355
(800)-USA-2260
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0.035%
0.011%
Common Sense