Silverado Mortgage Company

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We specialize in loans for Self-employed individuals and government employees, (incl. city, county, state, federal and schools).

Offering CalPERS loans; FHA loans; VA loans; and no down payment loans to those who qualify!

Reverse Mortgage. Conventional loans. ARM's - 3yr, 5yr, 7yr, 10yr.

Silverado Mortgage Company provides a wide menu of loans to meet the needs of our clients. We have been approved by the Department of Housing and Urban Development (HUD) to offer FHA loans, and through the Department of Veterans' Affairs to offer VA loans. We offer financing for California state, county, and city employees through special programs including CalPERS. Self employed clients may have special needs. Our loan menu offers options that may avoid the rigid documentation requirements of standard guidelines. First time buyers may find our low and no down payment loans especially attractive. And for those who've had difficult times, we can advise you and get you headed back in the right direction. Want to build a new home? We do new construction lending. Just give us a call. Seniors can receive a tax-free income each month through the Reverse Mortgage. Our loans are designed to meet your specific situation.

FHA
USDA Homestead 100
VA
Conventional Fixed Rate Loan
Investor Fixed Rate

FHA FHA loans are available for purchase and refinance. Small down-payment and flexable guidelines make this a winning choice for many. Refi with cash-back to 85% of the home value. Acceptable properties include mobile homes. Term: 30 years Maximum Amount: $423,750

USDA Homestead 100 Zero down-payment and No monthly PMI. Income restrictions and property location restrictions apply. Fixed rate for 30 years.

VA Veteran Administration loans are for veterans and their spouses. 30 year fixed. No monthly PMI. One time VA Funding Fee is charged by VA but may be waived. This is an assumable loan.

Conventional Fixed Rate Loan We have conventional loans with smaller down payments. Fixed rates or stable Adjustable Rate Loans with NO Negative Amortization. It's all about safety, stability, and security.

Investor Fixed Rate Investors purchasing single family homes and multi-unit properties to four-plex. We have high quality fixed rate loans to meet your needs.


Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $650,000 with closing costs of $13,000. Your actual APR may be different depending upon these factors.