• 			    No matter what type of loan you need, we're with you every step of the way.
    No matter what type of loan you need, we're with you every step of the way.
  • 			    The PERFECT HOME is waiting for you -- let us find you the perfect loan to go with it.
    The PERFECT HOME is waiting for you -- let us find you the perfect loan to go with it.
  • 			    Let us be the stepping stone to the home of your dreams.
    Let us be the stepping stone to the home of your dreams.

Today's technology is providing a more productive environment to work in. For example, through our website you can submit a complete on-line, secure loan application or pre-qualify for a home loan. You may also evaluate your different financing options by using our interactive calculators and going over various mortgage scenarios.

CDL's platform empowers me to provide my clients with an unmatched product line, fast processing, and ultra-competitive pricing. CDL has been in the business for 15+ years and has a strong reputation of customer satisfaction. If you have any mortgage lending questions please feel free to review the information here, or shoot me a note, or simply give me a call. I'm never too busy to answer your questions or follow up with your referrals.

I know each customer has specific needs and I am committed to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention.

Chris Weir
949-562-4480

VA Loans and FHA Loans in Rocklin, CA

Welcome to the official site of CDL Mortgage Services, Inc. We are a full-service mortgage company based in Rocklin, CA. We specialize in VA loans, FHA loans, JUMBO loans, and VA loans in Rocklin. We also serve the surrounding cities in Placer County. Whether you are buying a home or refinancing in the zip code of 95765, we can help you realize your dream of homeownership or save you money when getting your new lower monthly payment.

In terms of Purchase Loan programs, we offer the following:

FHA | VA | Jumbo | Conventional

Refinancing? We can help you with that, too!

We offer a wide range of refinance options, designed to best meet the needs of local borrowers. If you're looking for cash out, or to just get a better rate and term, we can assist you. We offer the following Refinancing Programs:

FHA Streamline | FHA Cash Out | FHA 203k | VA Streamline | VA Cash Out | Conventional | HELOC | Jumbo

Contact CDL Mortgage Services, Inc. today to discuss your mortgage loan options, and find out which loan program will best suit your needs.

PAYOFF YOUR HERO LOAN

Have your property taxes increased due to recent home improvements made utilizing a HERO Loan?

Do you have a higher mortgage payment due to escrow shortage or reassessed taxes?

PAYOFF YOUR HERO LOAN

You are not alone. As of 2019, over 100,000 homeowners in California have new special tax assessments added to their property taxes through programs like HERO, Cal First, PACE, CHFA and others.

Typical assessment amounts range from $3,000 to $9,000 per year and sometimes even higher.

These assessments are actually high interest rate loans that were aggressively marketed to homeowners via door to door salesmen and telemarketing campaigns. They were portrayed with incentives such as "No payments for 1 year" or "Government backed with tax credits"

CDL Mortgage Services offer a free analysis to evaluate your tax assessment and determine if there would be a benefit in combining the tax assessment debt with your existing primary mortgage debt to reduce your overall payment.

We have experience in utilizing refinance to payoff HERO loans.

If you call or write we can provide a no obligation review of your current increased monthly payment vs. a potential new payment with the assessment removed and taxes reduced permanently to original amount.

In California, these tax assessments are considered "super-liens".  They take priority over any mortgage loan obligation. For that reason, conventional loan agencies such as Fannie Mae, Freddie Mac as well as VA and FHA no longer allow any refinance or purchase transaction to be completed with tax assessments remaining open. Any attempt to refinance or sell property without paying off the assessment will become problematic.

PAYOFF YOUR HERO LOAN

There are options to use the equity in your home to payoff these assessments. Here is a typical example of how this might work:

Current Principal and Interest (example)

  • $1,600
  • Current Poperty Tax
  • $500 (includes $300 monthly special assessment)
  • Total Payment
  • $2,100
  • Current Loan Balance
  • $240,000
  • Current Tax Assessment
  • $40,000

 

New Loan Balance (example)

  • $280,000
  • New Principal and Interest
  • $1,450
  • New Property Tax
  • $200
  • Total Payment
  • $1,650
  • Monthly Savings
  • $450

 

Please get in touch with us to discuss in more detail how to reduce your monthly payment.

You can call us at 949-562-4480 or follow either the apply now or contact us links above.  Thank you for reading about Hero loans, and how to payoff your HERO loan.

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