Loan Programs

Your Dream Home & a More Affordable Payment… Yes, You Can Have Both!

For those who are looking to purchase a home in the near future, it’s inevitable that you’ve begun to worry about interest rates rising and how that may affect your home financing journey. When rates are low, it’s much easier to justify purchasing a home. But today, with interest rates increasing, it can feel a bit more scary. Fortunately, Cambria Mortgage is now offering 3-2-1, 2-1 and 1-0 temporary buydowns on Conventional, FHA, VA and USDA fixed rate purchase loans.  Read More

The Truth Behind Inflated Headlines

The headlines have been heavy with talk of inflation, high interest rates and even the possibility of a recession lately. Many may be wondering what this means in general, but especially what this means for the housing market. It’s easy to get wrapped up in the panic of it all, so we’re laying out the facts. Here’s what you need to know about what’s really behind all these headlines… Read More

In 2022 Cash (Out) is King

Nothing lasts forever… Including tremendously low interest rates. Even if it is ever-so-slightly, in 2022 interest rates are expected to rise. Over the past few years though, home values have appreciated at an incredible pace. For the refinance sector, these factors draw the majority of consumers away from rate and term refinances and point them toward a cash-out focus instead. Most current homeowners have built up quite a bit of equity, which should theoretically make qualifying for a cash-out refinance fairly easy for most. So is it the right move for you? We’ve laid out the most common uses for this type of refinancing so you can explore the possibilities. Like always, your team at Cambria Mortgage is here to help and support you in your home financing journey. Don’t hesitate to reach out with any questions or to begin the process. Read More

Veterans: You’ve Earned These Exclusive Programs & Savings

November is truly a month of gratitude. Not only do the holidays start inching nearer with Thanksgiving at the forefront, but we also celebrate our nation’s heroes on Veterans Day. Cambria Mortgage recognizes it is a great honor and privilege to serve those who have served our country. Though it will never suffice in return for what we’ve received from our Veterans, we are proud to specialize in VA loans and offer exclusive savings to Veterans at closing. Are you a Veteran? Read on to learn more about the benefits you’re entitled to, and of course… Thank you for your service! Read More

Non-traditional employment? You may need a non-traditional mortgage solution.

For many people, being their own boss and owning their own business has been the ultimate employment goal. In light of COVID, many of these people are choosing now to take the leap and make their dreams a reality. According to government data from the second quarter of 2021, more Americans than ever are leaving their jobs to chase their dreams of entrepreneurship. While that all sounds exciting, it can put a crimp in your homeownership plans if you are not prepared. Read more for how Cambria Mortgage can help find the right program for your employment situation. Read More

Ready to Own a VRBO or Airbnb IRL?

Have you gotten bit by the travel bug? You’re not the only one. The desire for people to get out of the surroundings they have been in pretty constantly for the last 18 months is increasing the demand for short term rentals. If you have ever had interest in owning an investment property, now may be the time to take the plunge and purchase your first. Not sure where to start? We have you covered. Read on for some tips on taking the plunge. Read More