Frequently Asked Questions

Purchase FAQs

How do I know how much I can afford?

Price is not the only factor in determining how much house you can afford –  other items include, interest rates, credit scores, down payment, income and more. If you would like to know your estimated monthly payment (mortgage and interest) review our mortgage calculator but to know exactly how much you can afford please reach out to Secure Choice Lending and we will provide you with a free quote.

How long does the process take?

Typically escrows range from 30-60 days. The time-frame can vary based off the escrow period assigned by the sellers and this will dictate when you close. Please remember that with Secure Choice we make to work the process quick and smooth and will not have a problem meeting your close of escrow date.

How much money do I need to purchase a home?

Each loan program requires a different amount. FHA programs are ideal for first time home-buyers as it only requires a 3.5% down payment. Conventional loans range typically from 5-20%. And great news for our Veterans as VA requires a 0% down payment. Please remember there are other fees associated with the loan such as appraisals, closing fees, credit reports etc.

Refinance FAQs

Should I refinance?

There are multiple beneficial reasons to refinance. Shorten the term of your loan, lower your interest rate, lower your payment, take cash-out, consolidating debt and more. If any of those reasons interest you please reach out to one of our dedicated professionals and we will discuss your scenario and goals and help you decide if refinancing is right for you!

How much can I save?

Each situation is unique and it will vary based off current interest rates, credit scores, income and more. To know exactly how much you will save please reach out to Secure Choice Lending and we will provide you with a free estimate.

About Us

Secure Choice Lending is a mortgage lender committed to helping prospective and current homeowners finance their dreams. Reachable by phone, online or in person, Secure Choice Lending prides itself on customer service, on serving your real estate needs day or night. Independently owned, Secure Choice Lending subsists on hard work, integrity and trust, and currently is building its reputation in the community. Secure your tomorrow, call Secure Choice Lending today.

Click Here for NMLS Consumer Access

BRE No. 02050654
NMLS 1689518

Contact Us

(951) 707-9364

3726 Tibbetts St
Riverside CA 92506