Home loans in Los Gatos
High balance jumbo files, hillside properties and portfolio qualifying.
What buying here actually involves
Los Gatos files tend to be larger and more complex, with hillside properties, trusts and buyers whose income comes from investments rather than a paycheck. These loans need a lender comfortable with unusual files and an officer who will stay on top of every condition personally.
Neighborhoods I work in
- Downtown Los Gatos
- Almond Grove
- Blossom Hill
- Monte Sereno border
- Hillbrook
- Belgatos
Local notes for Los Gatos
The three things that most often decide how smoothly a file here runs.
Hillside appraisals take longer
Access, slope and septic details slow appraisals down. I build an extra week into the contract timeline.
Trust ownership is common
Holding title in a trust is fine. The trust document goes to underwriting early so escrow is not waiting on it.
Portfolio lending fits here
Asset depletion and securities backed structures are used on a good share of these purchases.
Programs that fit Los Gatos
The three I use most often in this market.
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
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
Cash out refinance
Use built up equity for a remodel, tuition or the next property
- Up to 80% loan to value
- Remodel and ADU funding
- Second position alternatives
6.500%sample rate, 6.678% APR
Los Gatos 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.
Yes, with an inspection and a water test. Both are routine in the hills and we schedule them at the same time as the appraisal.
On most programs yes. We review the trust up front so there is no scramble at signing.
Buying or refinancing in Los Gatos?
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.