Business Details
34 Years
experience
California Mortgage & Real Estate Specialists
Since 1992, Real Estate Loans and Homes has been a trusted partner for clients seeking real estate and mortgage solutions in California. Our team combines over 30 years of industry experience with specialized expertise in under-640 FICO score loans and credit repair services. We offer a comprehensive array of loan programs including FHA, VA, USDA Rural, Conventional, Jumbo, 203k, and down payment assistance options. As a veteran-owned business, we maintain strong relationships with 26+ wholesale banks to provide competitive rates and personalized guidance.Our dual expertise in real estate and mortgage lending enables seamless transaction management, with associate agents covering all California markets. We demonstrate authoritativeness through our proven track record of helping credit-challenged clients achieve homeownership while maintaining transparent communication and ethical standards.
Services
FHA Loans
Conventional Loans
VA Loans
USDA Loans
203k Rehab Loans
Jumbo Loans
Down Payment Assistance
Credit Repair Services
Refinance Options
Veteran Loans
Details
- Year established: 1992
Highlights and features
- We have 30+ years of combined experience in California real estate and mortgage markets
- We offer credit repair services at no cost to help qualify for better loan terms
- We provide access to 26+ wholesale lenders for maximum loan program options
- Our team specializes in under-640 FICO score loan solutions
- We maintain associate networks covering all California markets
What people say
Knowledgeable professionals
Assisted with bad credit
Prompt communication
Creative financing expertise
Reliable transaction support
Services
FHA Loans
Federal Housing Administration loans offer accessible homeownership opportunities with low down payment requirements and flexible credit standards. These government-backed mortgages suit first-time buyers, credit-challenged applicants, and those seeking rehabilitation financing through specialized 203k programs. Our FHA loan specialists help clients qualify with minimum 580 FICO scores for 3.5% down payments or 500 FICO scores with 10% down. We provide streamlined refinancing options with reduced mortgage insurance premiums for existing FHA borrowers.
VA Loans
Department of Veterans Affairs loans deliver zero-down payment options for eligible military personnel, veterans, and surviving spouses. These programs feature competitive interest rates without mortgage insurance requirements. Our veteran-owned business specializes in VA loan processing with no minimum FICO score requirements. We assist clients through the entitlement process and offer cash-out refinancing options while maintaining compliance with VA minimum property standards.
USDA Rural Loans
USDA Rural Development loans provide zero-down payment financing for homes in eligible rural areas. These 30-year fixed-rate mortgages include 0.35% monthly mortgage insurance premiums with no minimum credit score requirements. Our team helps borrowers qualify with minimum 580 FICO scores while navigating property eligibility guidelines. We assist with new construction financing and existing home purchases in USDA-designated areas across California.
Down Payment Assistance
California-specific down payment assistance programs help reduce upfront costs for qualified buyers. These initiatives offer up to 20% financial support toward down payments and closing costs. We guide clients through eligibility requirements including minimum 580-640 FICO scores and income restrictions. Our credit repair services help improve qualifications for better assistance tiers while coordinating with primary mortgage programs.
Credit Repair Services
No-cost credit repair services help improve loan qualifications through direct bureau interventions. Our specialists implement strategies to increase credit scores by up to 100 points within 3-4 business days. We focus on resolving disputes, optimizing credit utilization, and addressing collection accounts. This service specifically benefits applicants seeking better terms on FHA, VA, and conventional loans.
People
Sheryl Arndt
Broker & Senior Loan Officer
Sheryl Arndt brings over 30 years of combined real estate and mortgage expertise since 1992. As both a licensed broker and senior loan officer, she specializes in credit-challenged cases, assisting clients with under-640 FICO scores. Her veteran experience enhances our VA loan services.
Frank Shaw
Marketing Director
Frank Shaw manages digital marketing operations and website development for Real Estate Loans and Homes. With former licensing as an agent and loan officer, he now focuses on client acquisition strategies and technology infrastructure for the business.
Questions
What loan programs do you offer for low credit scores?
We offer FHA loans from 500 FICO, VA loans with no minimum score, and specialized credit repair services to help qualify for better terms on all programs.
Can I buy a home with zero down payment?
USDA Rural and VA loans provide zero-down payment options with minimum 580 FICO scores for USDA and qualifying veteran status for VA programs.
Do you offer assistance with mortgage insurance reduction?
FHA Streamline Refinancing removes upfront mortgage insurance while our VA loans never require mortgage insurance payments.
What down payment assistance options exist?
California DAP programs offer up to 20% assistance with minimum 580-640 FICO scores. We help clients qualify through five different state-specific programs.
How does the 203k rehab loan work?
FHA 203k loans finance both home purchase and renovations up to $679,650 limits. Minimum 580 FICO required with 3.5% down payment for primary residences.
