Loan Programs

* I can only lend in the State of California

Your mortgage solution begins with more mortgage choices. You’re unique. The mortgage that will work for someone else simply may not be the best mortgage for you.  That’s why C2 Financial offers the widest variety of mortgage options. It is important that you understand the features of your home loan and that it meets your financial needs and I can assist you in that determination. C2 Financial offers more mortgage financing options as the big banks and at lower rates, faster turn times and often with A LOT less hassle.

As America’s largest and most productive whole mortgage broker, C2 Financial provides choices, convenience, and control throughout the loan process. Below is a sampling of just some of the programs available through C2 Financial.

Our growing loan portfolio includes:

  • Conforming Fixed Rate Loans – as low as 3% down
  • High Cost Conforming Jumbo Fixed Rate and Adjustable Rate Loans (County specific)
  • Nationwide High Balance Loan – GREAT IN ARIZONA – 10% down up to a loan amount of $765,600
  • Jumbo / Super Jumbo up to $10 Million
  • VA loans – 0% down
  • FHA  loans – as low as 3.5% down
  • Reverse Mortgages / Home Equity Conversion Mortgages (HECM) – Get the truth!
  • The best portfolio loan programs available in the market place today (click here for a sample list of portfolio loans)


Whether you’re buying or refinancing, I’ll work with you to help you choose the right mortgage for your needs, and explain the best options for your budget, lifestyle and future. At C2 Financial, you’ll have more choices and more expert help, so you’ll get the best solution.

Learn more about C2 Financial’s loan options:


Fannie Mae and Freddie Mac are restricted by law to purchasing single-family mortgages with origination balances below a specific amount, known as the “conforming loan limit.” The conforming loan limit of $510,400, which is set annually by the Federal Housing Finance Agency, is based off of the mortgage loan amount, not the value of the home. Loans above this limit are known as either High Cost Conforming loans or Jumbo loans.

Fixed rate mortgages are the most common and popular loans available because they never change.  We offer our borrowers the choice of 30, 20, and 15-year fixed-rate mortgages, OR ANY OTHER YEARS THEY WANT. These loan programs have the same interest rate for the life of the loan and monthly payments (principal and interest) that never change. If you escrow your property taxes and insurance (include them monthly in your payment), those expenses can change, which will affect your monthly payments. A fixed-rate mortgage may be a good choice if you plan to stay in your home for a long time or if you feel more comfortable knowing your payment cannot change. Why consider a Fixed Rate Loan? If you plan to keep your home for a long time and you would like to minimize your monthly payment, a 30-year fixed-rate loan might be your best option.  Or, if your goal is to reduce the total interest you pay over the life of the loan, and you can afford a slightly higher monthly payment, lower terms such as 15 years can reduce interest costs significantly.

Advantages of a Fixed Rate Loan are:

  • Monthly payments are fixed over the life of the loan
  • Can require a low down payment, sometimes only 3 or 5 percent
  • Interest rate does not change
  • Protected if rates go up
  • Can refinance if rates go down
  • Regular payments with no surprises

Disadvantages of a Fixed Rate Loan are:

  • Higher mortgage rate
  • Higher mortgage payments
  • Rate does not drop if rates improve
  • If you prepay your mortgage, you can’t get that money back out without refinancing

Call Derek today to get your personalized rate quote for a fixed-rate mortgage.


Government Sponsored Entities, Fannie Mae and Freddie Mac, new conforming-jumbo loan limits make it easier and more affordable for more buyers to “move up” and purchase higher-value homes, or save substantially by refinancing their jumbo loan. Lower FICO score and down payment requirements, lower-than-jumbo rates, and loans amounts of up to $636,150 in some areas create a powerful alternative to a traditional jumbo loan.  TIP – In San Diego County, the maximum conforming high balance loan limit is $701,500.  To see what the conforming loan limits are in your county, please click here  

Call Derek today to get your personalized rate quote for a Conforming Jumbo Fixed Rate mortgage.


A jumbo mortgage is a loan for any amount above the Conforming Loan Limit that is set annually by the Federal Housing Finance Agency.  Jumbo Loans are not eligible for purchase by Fannie Mae or Freddie Mac, two government sponsored mortgage corporations, and must be sold in the secondary market – which means they carry slightly higher interest rates. C2 Financial is a leading provider of jumbo loans. As an experienced jumbo and super jumbo mortgage lender, we offer a variety of programs with competitive rates and beneficial features. C2 Financial offers 30 and 15 year fixed rate mortgages as well as Adjustable Rate Mortgage (ARM) products for jumbo loans up to $10 million dollars. For the homeowner with bigger borrowing needs, a jumbo mortgage provides the opportunity, convenience, and security to purchase or refinance a larger, more expensive home. And, with our established private banking relationships and multi-lender platform, we have even more options available for those who seek higher loan amounts.

Our jumbo loan products offer significant benefits including, but not limited to:

  • Some of the lowest rates available in today’s market
  • Financing up to $10 million
  • Up to 80% LTV to $2,000,000
  • Up to 75% LTV to $3,000,000 (county specific)
  • Up to 70% LTV to $5,000,000 (county specific)
  • Purchase, refinancing and cash-out refinancing options
  • Unlimited cash out on owner-occupied properties and second homes
  • Fixed rate and adjustable rate mortgage programs
  • Interest-only option available
  • Recently Listed Properties – OK to refinance!
  • No add’s to the rate for high rise condos
  • Pending Litigation – case by case – ask me for what is needed
  • Fast turn times
  • Gift Funds Allowed for Down Payment on Purchase Loans
  • Eligible properties include primary residences, second homes and investment properties
  • Non Permanent Resident Aliens – OK!
  • Jumbo Purchase of Owner Occupied Property – borrower can own UNLIMITED 1-4 unit properties
  • Jumbo Purchase of Investment Property – borrower can own up to 10 1-4 unit properties
  • Up to 20 acres allowed (on certain programs)

Call or email Derek today to get your personalized rate quote for a jumbo loan.


VA loans, also called Veteran Administration loans, are available to active military service members, veterans, National Guard or reservists, surviving spouse of a veteran and members of the Public Health Service.  The VA loan program can make it much easier for veterans to secure a home loan by requiring little or no down payment. This home loan is available to veterans and guaranteed by the U.S. Veteran’s Administration, and it frequently offers lower interest rates than ordinarily available. The most outstanding feature of a VA loan is the ability to obtain 100% financing without having to pay private mortgage insurance every month. A funding fee is paid to the VA at closing and the fee may be included in the loan, depending on the loan amount.  The amount of the Funding Fee is a function of the Veteran’s available eligibility.   

VA loans have a number of advantages including:

  • Buy a home with no down payment or refinance up to 100% of your home’s value
  • Fast approvals
  • Down payment and closing costs may be a gift
  • No monthly Mortgage Insurance
  • 4% seller concessions
  • Qualify with less-than-perfect credit
  • Lower closing costs
  • No appraisal required for select borrowers


Formed in 1934 by Congress, the Federal Housing Administration (FHA) insures private loans issued for new and existing housing, as well as for loans approved for home repairs. It acts as a buffer to lenders by reducing their risk in issuing loans, and helps borrowers qualify for the mortgages they desire. FHA loans are available to everyone looking to purchase or refinance a home. FHA mortgages are insured by the Federal Housing Administration, a federal agency within the Department of Housing and Urban Development. FHA mortgages are government-assisted alternatives to conventional financing and are great options for those who want to put less money down or who have lower credit scores. They are popular for home purchases and for refinancing. FHA loans don’t carry the income limits that you might find with other first-time homebuyer programs. However, there are limits on how much you can borrow. While these mortgages do require expenses in the form of monthly mortgage insurance, they still enable many homeowners who don’t qualify for conventional financing to purchase or refinance a home.

Advantages of an FHA loan include:

  • Put as little as 3.5% down
  • 100% of down payment and closing costs may be gift funds
  • Loan amounts as high as $701,500 with only 3.5% down payment (County specific)
  • 6% seller concessions
  • Qualify with less-than-perfect credit
  • No appraisal required in some instances (FHA Streamline refinance)
  • No pre-payment penalties

Disadvantages of a FHA loan are:

  • You must pay monthly mortgage insurance
  • You could potentially have the monthly mortgage insurance indefinitely

Additional Considerations

  • To qualify for an FHA  loan, the subject property (condo) must be “FHA approved” – and the approval process requires several important steps. This is most important when purchasing a condominium. The entire complex must be FHA approved, however, as of 2019, we can get individual approval for individual units. It takes time and both sides of the transaction need to be ono the same page, but it is possible. Be sure to ask Derek or your Realtor to check to see if the complex you are looking at is FHA approved or not.  If you want to check yourself, click here
  • FHA loans require an upfront Mortgage Insurance Premium (MIP) of 1.75%, and .85% annually (paid monthly with your mortgage) on a 30 year fixed loan with > 95.00% LTV 

Call Derek today to see if you qualify and get your personalized rate quote for an FHA loan.


PORTFOLIO LOANS – click here for a sample list of portfolio programs Derek can help you with

C2 Financial has access to basically every portfolio loan available in the market place today. Portfolio lenders, are commonly known as Savings & Loan institutions. They are called portfolio lenders, because they originate loans for their own portfolio, but don’t sell them to the secondary market. It is usually due to the fact that the loan does not comply with the underwriting guidelines set by the secondary market investors and/or Fannie Mae and Freddie Mac.

The underwriting guidelines for a portfolio product can more flexible than for a loan which is being sold to a secondary investor. This flexibility can often mean that the underwriter of the portfolio program can use a much more common sense approach when evaluating things such as past credit problems, prior bankruptcies, lack of cash reserves, etc. In some portfolio programs there is no minimum credit score requirement although the borrowers use of other credit and past credit history is a determining factor in any loan program.

If you have a loan which is difficult to fund because your scenario is outside of the standard underwriting guidelines, we can often look at portfolio loan products with you and negotiate for exceptions to the underwriting rules on your behalf.