Become a homeowner!
Marcel Garcia NMLS #2044545
CONTACT ME TODAY!
Hi, I'm Marcel Garcia your local loan officer with a passion for helping everyone realize their dream of homeownership.
I pride myself on being available for you, even nights and weekends. Call or text anytime!
A bit about me: I'm passionate about basketball, movies, reading, hiking & kayaking. I'm a graduate of St. Mel's, Chaminade, UCLA, UCSC & Yale University (my friends call me Doc.). I'm always looking for new ways to learn & grow. I'm a strong believer in giving back to my community! See me volunteering with a number of local organizations (follow me on Instagram).
Please, reach out with any questions you may have; I'm always happy to chat!
Welcome 🏡!
I am a mortgage lender dedicated to helping my clients achieve their dream of homeownership. Working at CSMC Mortgage, I offer a wide variety of mortgage products including: fixed-rate mortgages, adjustable-rate mortgages (ARMs), and jumbo loans. My team of experienced mortgage professionals will help you through every step of the mortgage process.
Here are just a few reasons why I am the best lender for your mortgage needs:
Years of experience in the mortgage industry.
Commitment to customer service.
Willingness to work all credit scores and financial situations.
Knowledge of the local real estate market.
Availability nights & weekends.
Eager to provide support throughout the mortgage process.
Contact me today to learn more about our mortgage products and services & let’s get started on your journey to homeownership.
Reach out with questions about our various mortgage products:
Fixed-rate mortgage: This type of mortgage has an interest rate that stays the same for the life of the loan, which can provide peace of mind.
Adjustable-rate mortgage (ARM): This type of mortgage has an interest rate that changes over time. The initial interest rate is typically lower than a fixed-rate mortgage, but can go up or down over the life of the loan.
Conventional mortgage: This type of mortgage has more flexibility than government backed loans. Conventional mortgages typically require a down payment of at least 5% of the purchase price.
Jumbo mortgage: This type of mortgage is for homes that cost more than the conforming loan limit. Each county across America has its own limit, in Los Angeles a jumbo loan is larger than $1,089,300 (2023). Jumbo mortgages typically stricter requirements and may require larger down payments & reserves.
Veteran Loan (VA): Military veterans can take advantage of lower interest rates, no down payment, and no mortgage insurance.
Government-backed mortgage (FHA): Backed by the government, these loans can be easier to qualify, even if you have lower credit scores or a smaller down payment.
Hard Money loan: This type of mortgage can help borrowers with unique financial situations including but not limited to small business owners and foreign nationals.
HELOC Home Equity Line of Credit: This type of mortgage can help borrowers who wish to cash out some of their equity to remodel, add an addition to their home, build an ADU, consolidate debt, pay for college or university, or many other uses.
DSCR Debt Service Coverage Ratio: This type of mortgage is used for investment purposes. Instead of requiring an income analysis, a DSCR is calculated by dividing rental income by mortgage & auxiliary costs.
Construction loan: This type of loan is used to finance the construction of a home. Construction loans typically have higher interest rates than traditional mortgages and they have to be repaid in full once the home is completed.
Interest-only mortgage: This type of mortgage only requires you to pay the interest on the loan each month. The principal balance does not get paid down until the end of the loan term.
Piggyback loan or a 2nd mortgage: This type of loan is used to get a larger mortgage than you would qualify for on your own. A piggyback loan is typically a second mortgage that can be used to cover the down payment or closing costs.
Down Payment Assistance: A variety of programs exist to help first time buyers with either down payment and/or closing cost assistance.
Reverse mortgage: This type of mortgage is designed for older homeowners who have equity in their home. A reverse mortgage allows you to borrow money against your home without having to make monthly payments.
These are just some of the different mortgage products available. The best product for you will depend on your individual circumstances and needs. It is important to talk to a mortgage lender to get more information and to compare different options.