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6101 Ball Road, Suite 101 Cypress, CA 90630 Mobile (714) 235-6010 Tel (714) 820-1535 [email protected]
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- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
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- Purchase
- Refinance
Joe Soto
I’ll be with you every step of the way
Hi, I’m Joe Soto, and I’ve been a trusted mortgage specialist since 2004. In 2021, my skilled team of mortgage professionals, with over 50 years of combined experience, closed more than 290 units, totaling $142 million in loan value. My performance has earned me recognition as one of the top loan producers in the country by Scotsman Guide© (2017-22), and I’ve been ranked in the top 1% of national production by Mortgage Executive Magazine for two consecutive years (2018-22).
In addition to my work with clients, I’ve been honored to teach continuing education classes for real estate professionals across Southern California through the Pacific West and Rancho Southeast Associations of REALTORS©. As a loan officer at our Cypress, CA branch, I’m proud to bring the expertise of America’s #1 Retail Mortgage Lender to every client interaction.
A native of Brooklyn, NY, I now live in Los Alamitos, CA, with my wife and two daughters.
Joe’s testimonials
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How much will my mortgage payment be?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Frequently asked questions
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Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
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To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
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A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
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A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
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To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.