Modesto City is based in California with a population of approximately 201,165. Modesto has an aggregate area of 44.81 square miles. The weather temperatures, on the other hand, oscillate between a high point of 95.0° F in July with a low point of 39.00° F in January. Hence, of the total housing units, the owner-occupied housing unit is around 54%. On the contrary, the renter-occupied housing unit is estimated to be 46%. The median household income of the city is about $51,000 with the average home value being around $208,000. There are around 49.7% male residents and 50.3% female residents living in the city of Arleta.
Modesto is about 1-2 hour drive away from most larger cities (San Francisco and Sacramento), beaches, and mountains. During the summer months, there are more events to enjoy–county fair, Hot August Nights, MoBand (concert in the park), Graffiti Night, and many other outdoor events! The town is really beautiful, especially at night. There’s an immense appreciation of all arts here so much that even crosswalks have been painted to look like keyboards. There are all sorts of art galleries and art classes open to the public.
Modesto, CA
Services We Provide in Stockton
Whether you are looking for a property to purchase or refinance, we can help you find a program suitable to your needs. There are several loan options to choose from, which include the following:
Home Loans
- FHA home loans make it easier for a borrower to qualify for a loan and make a small down payment.
- Conforming loans, the largest segment of loans in the country, must adhere to the guidelines and significant loan limits set by Fannie Mae and Freddie Mac.
- Conventional loans are safe loans that differ from other government regulated loans. They are designed to meet the needs of borrowers with good credit.
- Manufactured home loans are excellent for individuals with an imperfect financial history who dream of home ownership.
- High balance loans are loans that exceed conforming loan limits for borrowers living in expensive regions of the country.
- Jumbo home loans make it possible for the borrower to buy an expensive home because they allow the borrower to get large loan balances.
- Stated Income Loan requires the borrower to state her monthly income on a mortgage application.
- Private hard money lenders secure these asset based loans by the strength of the purchased real estate more than the borrower’s financial credit.
- Stand-alone second (2 lien) loans are additional loans that a borrower takes out against his house despite already having a first mortgage. He usually takes this loan out to access cash.
Other Loans
- In all, multifamily and apartment loans are financing options used to purchase or renovate a multifamily dwelling unit or an apartment building, respectively.
- Commercial loans are used to finance the growth of their companies consisting of purchasing properties or constructing properties. Simply put, these loans are used to help payoff expensive necessities to start and operate a new business.
- Mixed use properties consist of multiple units zoned for different purposes such as commercial, residential, industrial, institutional, and even cultural. Mixed use property loans are financing options to help finance mixed use buildings between business owners and financial institutions.
Our company also offers our clients services such as downpayment assistance program, adjusted-rate mortgage, and refinancing. To receive more information, contact us today at (818) 322-5626.
