Buy a Home

Overview

Homebuying

Whether you are buying a new home or an investment property, we'll help you choose the right loan. Our experienced Loan Specialists are licensed in the state of California and are available at (858) 652-8000.

Popular programs for repeat homebuyers

Fixed Rate
Adjustable Rate

How much home can you afford?

Use our

Monthly Payment Calculator

to help you set your buying budget.

First Time Homebuyers

Buying a home is one of the biggest decisions you'll ever make. We'll walk you through it step by step, from how it works to what to expect. Learn more about the loan process.

Popular programs for first time homebuyers

Fixed Rate
Adjustable Rate
Government Programs (FHA,VA)

Is buying right for you?

Calculate the costs to Rent vs. Buy.. See if you're ready for home ownership.

Real Estate Information

Search properties
Search our listings of homes available through GCapital.

Programs

Mortgage Programs for Homebuyers

Which loan program is right for you? See comparison chart

Fixed Rate Mortgage View Details »

Know exactly what your payments will be with a monthly principal and interest payment that won't change.

No interest rate change
Stability of knowing your monthly principal & interest payment
Pick a popular term (10, 15, 20, 25, 30) or choose your own term (e.g., 17 years)

Get Started »

Adjustable Rate Mortgage View Details »

Get a low initial rate for a period of years. After that, the rate adjusts annually.

Great rates
Typically lower initial monthly payments
3/1, 5/1, 7/1 adjustable rate terms

Get Started »

FHA Loans View Details »

A popular loan option for first time homebuyers or those seeking a low down payment loan.

Flexible income, credit, and down payment qualifications
U.S. government insured
10, 20, 30 year fixed rate terms or 3/1, 5/1, 7/1 adjustable rate terms

Get Started »

VA Loans View Details »

Eligible veterans of U.S. armed forces receive government home mortgage benefits and flexible requirements.

Low to no down payment option
No mortgage insurance premium (MIP)
10, 15, 20, 25, 30 year fixed rate terms or 3/1, 5/1, 7/1 adjustable rate terms

Get Started »

Jumbo Loans View Details »

If you need a bigger mortgage, get a Jumbo Loan.

Competitive rates
10, 15, 20, 25, 30 year fixed rate term option or 3/1, 5/1, 7/1 adjustable rate term option

Get Started »

Rates

Homebuying Mortgage Rates

PROGRAM	RATE	APR
30 Year Fixed	3.990%	4.079%
15 Year Fixed	3.250%	3.424%
5 Year ARM	3.000%	3.329%
Jumbo 5 Year ARM	2.875%	3.293%
VA 30 Year Fixed	3.750%	4.115%

Get a custom rate

Use our simple Custom Rate Calculator to get an instant rate quote.

Calculators

01Principal & Interest Payment Calculator

02Rent vs. Buy Calculator

03 Monthly Payment Calculator

04 Refinance comparison calculator

Loan Process

The Homebuying Process

Refinancing a home is a big decision. Let us help you understand how it all works. From applying for your loan to the closing process, we give it to you straight.

What are the steps
Who does what
What documents do I need

view loan processOur experienced Loan Specialists are licensed in your state and are ready to walk you through the loan process. Call now: (858) 652-8000, see hours of operation.

Step 1 - Get Ready !

Get Ready

Do your research
Gather your documents

Learn more about the loan process »

Step 2 - Apply !

Apply

Complete your loan application

Learn more about the loan process »

Step 3 - Get Approved !

Get Approved

Initial review
Underwriting
Approval decision

Learn more about the loan process »

Step 4 - Closing !

Closing

Settlement costs & payments
Sign your papers

Learn more about the loan process »

FAQs

What will a lender look at when I apply for a mortgage?

Lenders typically look at your credit, assets, down payment, income, and debt. Learn more about the loan process.

What does it mean to get prequalified?

Prequalification is an estimate of how much you will be able to borrow. You supply the lender with some basic information about your income, debts and assets. The lender checks your information and gives you a general estimate of home loan amount and monthly payments. Prequalification only takes a few minutes and it's free.

What does it mean to get preapproved?

With preapproval, lenders review some basics about your finances and provide you with an official letter that states that as long as you meet certain conditions, you will be approved for a specific loan amount and loan program. That allows you to shop with confidence, as sellers often require a preapproval when you go to bid on a home. Learn more about the preapproval step in the loan process.

Do I have to have a specific property in mind?

No. Often before shopping for a home, prospective homebuyers set a budget. Get prequalified or preapproved and we'll help you determine how much of a monthly mortgage you can afford and how much you might be able to borrow. Call us at (858) 652-8000, see hours of operation or get started online to get prequalified.

What is the minimum down payment I can make on a home?

It depends. Generally speaking, lenders require you to put down between 3.5% to 20% of the home's value. See the side by side comparison of the mortgage programs.

Will I have to pay for Private Mortgage Insurance (PMI)?

Typically, if your loan amount is more than 80% of the home's appraised value, you will be required to obtain private mortgage insurance known as PMI.

What is the difference between a second home and an investment property?

A second home is a home you use personally. The mortgage process for a second home is very similar to your primary home mortgage. An investment property is a property you rent out (become a landlord) or buy for the purpose of fixing up and selling at a higher value. This could be an apartment property, condominium, or single family residence

What if I have had credit problems? Will I be turned down for a loan?

Not necessarily. Even if you have had credit problems, you may still qualify for a loan. Your credit score is only one of the factors to qualify for a loan. Lenders also look at your employment history, income, debt, and cash reserves.

Can I apply a gift towards a down payment?

FHA loans allow homebuyers to use gift funds to help cover the cost of the down payment. In many cases, some or all of the down payment may be a gift from a family member, the borrower's employer or labor union, or a charitable organization. To learn more, call us at (858) 652-8000, see hours of operation.

How can I find a property available through G Capital Mortgage?

Search our listings of homes available through G Capital Mortgage.