Home loans in Cupertino
School driven demand, high price points and careful appraisal work.
What buying here actually involves
Cupertino pricing is driven hard by school attendance areas, which means two nearly identical homes half a mile apart can appraise very differently. On files here I give the appraiser the neighborhood comps your agent has already pulled, so value is supported by the right side of the boundary.
Neighborhoods I work in
- Monta Vista
- Rancho Rinconada
- Oak Valley
- Garden Gate
- Seven Springs
- Creston
Local notes for Cupertino
The three things that most often decide how smoothly a file here runs.
Two appraisals above $2M
Many jumbo desks require a second appraisal or a field review at higher loan amounts. I order early so it does not push the close.
Reserves matter more
Above $2,000,000 expect twelve months of reserves after closing on most programs.
Asset based qualifying is common
Several of my Cupertino clients qualify on portfolio assets rather than employment income.
Programs that fit Cupertino
The three I use most often in this market.
Jumbo home loans
For Santa Clara County prices above the conforming cap
- Loans to $3,000,000
- 10% down available to $1.5M
- Fixed and 7/6 ARM
6.250%sample rate, 6.341% APR
Asset depletion loans
Qualify on portfolio balances rather than paystubs
- Portfolio based qualifying
- Retirement and brokerage accounts
- No employment required
6.750%sample rate, 6.901% APR
RSU and equity income
Vesting schedules counted the way underwriting wants to see them
- RSU, ESPP and bonus income
- Public and pre IPO employers
- Portfolio backed down payments
6.250%sample rate, 6.341% APR
Cupertino questions
Asked by buyers and owners in this city.
Call (408) 555-0124 or book a 20 minute slot. No documents needed for the first conversation.
Not a hard one. Above $3,000,000 the list of lenders narrows and reserve requirements grow, which is a planning question rather than a barrier.
Yes, with a bridge structure or by qualifying for both payments. We model both and pick the one that keeps you out of a rushed sale.
Buying or refinancing in Cupertino?
Tell me the street and the price and I will tell you what the file needs, usually in one call.
Sample figures across this site are illustrations, not quotes. Equal Housing Opportunity.