Spec Home Loans focuses on the needs of the client by providing the highest level of service.

We are happy to work on any transaction, of any size in California.


  1. Purchase
  2. Re-Finance
  3. Cash Out
  4. Equity Financing/Re-Financing

Conventional Loans:  A mortgage loan not insured by any government program.  The most common type of mortgage.

FHA Insured Loan:  A Federal Housing Administration mortgage insurance backed mortgage loan which is provided by a FHA-approved lender.

HARP Loans:  The Home Affordable Refinance Program is an effort to help stabilize the housing market.  The government developed the program to help homeowner’s who either did not have enough equity for a traditional refinance or who were having problems making payments on their current mortgages.

Stated Income Loans:  A stated income loan is a mortgage where the lender does not verify the borrower’s income by looking at their pay stubs, W-2 forms, income tax returns, or other records.  Instead, borrowers are asked to state their income and taken at their word.

FHA Stream-Line Re-Financing: A refinance program designed for people who currently have an FHA loan to be able to take advantage of lowering their interest rate when rates drop with less documentation than a normal refinance requires.

Fixed Rate Mortgage Loans:  A loan on which the same rate of interest is charged for the life of the loan.

Adjusted Rate Mortgage Loans:  A type of mortgage in which the interest rate paid on the outstanding balance varies according to a specific benchmark.  The initial interest rate is normally fixed for a period of time after which it is reset periodically, often every month.  Also known as a “variable-rate mortgage” or a “floating-rate mortgage

Read more about SPEC Home Loans and Mortgage Expert Brian Barre.