Home Loans in San Mateo County

When it comes to buying a home, there is a lot more to consider than just finding the perfect property—it’s also about securing the right financing. Whether you’re a first-time homebuyer or investing in a high-value property, understanding your mortgage options is key.

This guide will walk you through everything you need to know about home loans in San Mateo County, from loan types to mortgage rates and how to lock in the best deal.

Where We Lend

San Mateo County is a diverse and dynamic real estate market, offering everything from coastal retreats to urban centers and suburban neighborhoods. At Griffin Funding, we provide mortgage solutions throughout San Mateo County, including:

Types of Home Loans Available in San Mateo County

No two homebuyers are the same, which is why there are multiple loan options to fit different financial situations and property types:

• Conventional Loans are a great choice for those with strong credit and financial stability, offering competitive rates and flexible terms.
• FHA Loans are designed for buyers with lower credit scores or smaller down payments, FHA loans are backed by the Federal Housing Administration.
• VA Loans: Available to eligible veterans, active-duty service members, and their spouses, VA loans offer benefits like zero down payment and no private mortgage insurance (PMI).
• Jumbo Loans: Since many homes in San Mateo County exceed conventional loan limits, jumbo loans help buyers finance higher-priced properties.
• Adjustable-Rate Mortgages (ARMs): ARMs offer a lower initial interest rate that adjusts over time, making them a good option for short-term homeowners.
• Home Equity Lines of Credit (HELOCs): If you already own a home, a HELOC lets you tap into your home’s equity for renovations, investments, or other expenses.
• Short-Term Rental Loans: Thinking about investing in a rental property or Airbnb? We offer short-term rental loans to help you maximize your income potential.
• Financing an ADU: Accessory Dwelling Units (ADUs) are gaining popularity in San Mateo County. If you’re considering adding one to your property, learn more about financing an ADU.

How to Get a Home Loan in San Mateo County

The home loan process might seem overwhelming, but breaking it down into clear steps makes it much easier to navigate. Here’s how you can successfully prepare for each step of the way:

• Assess Your Finances – Evaluate your credit score, savings, and debt-to-income ratio before applying for a mortgage. A higher credit score can unlock better interest rates, while a stable financial profile strengthens your loan eligibility.
• Get Pre-Approved – Securing a pre-approval letter helps you understand how much you can borrow and gives you an edge in competitive markets. Sellers are more likely to consider offers from pre-approved buyers.
• Choose the Right Loan – Every borrower has unique financial circumstances. Work with your lender to explore loan options like conventional, FHA, VA, or bank statement loans to find the best fit for your needs.
• Submit Your Application – Gather essential documents like pay stubs, tax returns, and employment history. Having everything ready can help speed up the process.
• Underwriting & Approval – The lender reviews your financials, orders an appraisal, and assesses the risk before finalizing loan approval.
• Close on Your Home – Once approved, you’ll sign the final paperwork, pay any closing costs, and officially become a homeowner.

Why Work With Griffin Funding?

Buying a home in San Mateo County is exciting, but navigating the mortgage process can feel overwhelming without the right support. That’s where Griffin Funding comes in. Our team is dedicated to providing personalized service, ensuring you get the financing solution that best fits your needs—whether you’re purchasing your first home, refinancing an existing mortgage, or expanding your real estate portfolio.

At Griffin Funding, we take a tailored approach to mortgage lending, offering competitive rates, flexible loan programs, and a seamless application process. Our expertise spans a wide range of loan options, including conventional loans, VA loans, jumbo loans, and specialized bank statement loans for self-employed borrowers. No matter your financial situation, we work to find the right solution for you.

We also offer access to our Griffin Gold app, which makes applying for a mortgage easier than ever by streamlining your documents and giving you resources at your fingertips.

If you’re considering refinancing, we provide a step-by-step guide to help you understand when and how to refinance your mortgage, potentially lowering your monthly payments or accessing cash for other financial goals. And when you’re ready to move forward, our extensive mortgages in California can help you secure a loan that aligns with your homeownership goals.

Lock in Your Mortgage Rate in San Mateo County

The housing market continues to fluctuate and it can feel overwhelming to keep up with the latest shifts. Here are a few ways you can set yourself up with the best mortgage rate:

• Stay Informed: Keep an eye on mortgage trends and housing market shifts to time your purchase wisely. Understanding factors like average yearly home appreciation can help you make strategic investment decisions.
• Boost Your Credit Score: The higher your credit score, the better your loan terms. Paying down debt and making timely payments can improve your chances of securing a lower interest rate.
• Consider a Rate Lock: Interest rates fluctuate, and locking in a favorable rate can protect you from unexpected increases while you finalize your mortgage.
• Compare Loan Options: Different loan programs offer varying benefits, such as lower down payments, flexible credit requirements, or reduced fees. Take the time to explore your options to find the best fit for your financial goals.
• Work With Griffin Funding: Griffin Funding provides expert guidance to ensure a smooth, stress-free mortgage process. From pre-approval to closing, we’re here to help you every step of the way.