Your San Diego, California mortgage experts
Your Future Our Focus
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8885 Rio San Diego Drive, Suite 370 San Diego, CA 92108 Branch NMLS #1962701
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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
- saturday: 8:00AM – 5:00PM
- sunday: 8:00AM – 5:00PM
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- Home Equity
- Purchase
- Refinance
- Reverse Mortgage
Financing futures with reverse mortgages
Hi, my name is Jeff, and I’m excited to help you open the doors to your dream home! As a dedicated mortgage professional at our San Diego, CA branch, I combine my passion for helping others with the strength of America’s #1 Retail Mortgage Lender to create a seamless home financing experience for you.
I’m a Certified Reverse Mortgage Professional (CRMP) with over 20 years of home financing experience. As one of only 200 or so CRMPs credentialed by the National Reverse Mortgage Lenders Association, I’ve spent my career educating and partnering with industry professionals to improve the financial well-being of senior homeowners in retirement. By incorporating housing wealth into your retirement planning strategy, my team and I can set your finances up for long-term success – and perhaps fulfill some lifelong dreams!
Guides and resources
Inspiration for your home loan journey
Meet our team
Jeff Cota
- Certified Reverse Mortgage Professional
- NMLS #232239
- 8885 Rio San Diego Drive
- Suite 370
- San Diego, CA 92108
- [email protected]
- mobile 619-279-6418
- fax 631-552-5805
Our support staff
My social posts
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.