Welcome to Mortgage Loan Services 

We specialize in San Diego real estate and mortgage loans. Whether you're for a first time home buyer, thinking of buying a second home, refinancing a San Diego home, considering a FHA Reverse Mortgage or looking to buy an investment property we can help

You can also view San Diego Real Estate for sale by visiting our property site and clicking here

We are a full-service mortgage and real estate company based in San Diego. CA. We are a boutique firm and work with many different types of loan programs; including, First Time Home Buyer Programs, FHA loans, VA Home Loans, Commercial Loans, FHA 203K loan, Conventional Loans, Reverse Mortgages and Reverse Mortgage Purchase, as well as many refinance options. Our goal is to help you find the right home financing options for your specific situation.

In terms of Loan programs, we offer the following:

FHA | VA | USDA | Jumbo | Commercial | Conventional | Reverse Mortgages | Reverse Mortgage Purchase Loans | Hard Money | FHA 203K | FHA Streamline | VA Streamline 

First Time Home Loans in San Diego, CA

 First Time Home Buyers Loans we offer the following:

FHA | VA | USDA | Jumbo | Conventional | FHA 203k

What is an FHA Loan? The FHA Loan is one of the most popular loans for 1st time home buyers in San Diego. They are offered through The Federal Housing Administration (FHA). What's nice about this type of loan is it is a low-down payment loan and only requires and 3.5% minimum down payment. There are also strategies I use that can help a borrower obtain a zero down payment loan from an FHA Loan and have zero closing costs to the buyer as well.  Learn More about ZERO DOWN LOANS / ZERO CLOSING COST LOAN 

VA Home Loans / Veteran Loans can be a true Zero Down Loan with No Closing Costs to the buyers and are available for those currently serving or have served in the Military. This is not to say that a VA home loan doesn't have closing costs. It's just that the Real Estate agent you work with may be able to negotiate those costs and have the seller pay for them. The VA HOME LOAN PROGRAM IS ONLY FOR VETERANS To learn More Click Here

USDA Loans are mortgages backed the U.S. Department of Agriculture as part of its USDA Rural Development Guaranteed Housing Loan program. USDA loans are available to home buyers with low to moderate income for their area. USDA LOANS can be 100% financing with reduced mortgage insurance premiums and feature below-market mortgage rates. Of course, the property also has to qualify 

Conventional Loans can start with a 3% down payment loan option, but you would need to put at least 20% down to eliminate (PMI) Private Mortgage Insurance. These Mortgages are harder to qualify for then an FHA Mortgage, VA Mortgage OR USDA Loan. This is because they are not backed by a government agency. 

FHA 203K Loan is a loan that allows a borrower to buy an REO or Short Sale Property or any property for that matter that's a fixer upper and needs a little Rehab. It is called a 203k loan because it refers to Section 203(k) of HUD code. Section 203K insurance enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home.

VA Rehab and Renovation loans provides no money down financing that covers the current value of the property, but also covers the cost of remodeling and repairs -current program is suspended at this time

San Diego Jumbo Mortgage Loans 2020 | 2021. Jumbo loans are non-conforming loans that exceed Fannie- Mae and Freddie Mac Limits. Home loans that are under the Fannie-Mae or Freddie Mac limits are called conforming loans. In most states if you want a loan more than $453,100 it's considered a Jumbo Mortgage. In certain states that limit is increased like California, Alaska and ___ Etc. In California each county sets their own limits for instance San Diego considers any loan amount above $753,250 a Jumbo Loan. 

Refinancing? We can help you with that, too!

We offer a wide range of options to help refinance your San Diego Home. Whether you're looking for a cash out refinance or wanting to lower your mortgage payment or take advantage of the low interest rates on a 15 year mortgage, we can assist you. We offer the following Refinancing Programs:

FHA Streamline | FHA Cash Out | VA Streamline | VA Cash-Out | USDA Streamline | Conventional | HELOC | HARP | Commercial | Jumbo

What makes Direct Real Estate & Mortgage Loan Services unique is that we offer the following niche programs as well: Reverse Mortgages, HECM loans, Credit Repair, Budgeting, Financial Planning, Real Estate.

Contact Direct Real Estate & Mortgage Loan Services today to discuss your mortgage loan options and find out which loan program will best suit your needs.

VanLeeuwen, Pye & Associates, Inc. NMLS #23742 CAL DRE#010865 Courtland Young CAL DRE#01468400 NMLS#1682428