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Mortgage Basics: California Mortgage Education
Before securing financing for a property, it is important to be familiar with Sherman Oaks mortgage basics and California mortgage education: The loan process, types of loan programs available, common mortgage terms, and factors affecting your loan, such as credit. In the case of refinancing, it also helps to have someone explain refinancing a mortgage.

Things You Need to Know Before Buying or Refinancing a Home

This section contains California Mortgage Education information that will help you understand Sherman Oaks mortgage loans and Sherman Oaks mortgage basics. However, you should still consult an experienced Loan Officer when you have questions or need advice or should you need someone to explain refinancing a mortgage.

This section provides simple, clear explanations that can aid in making your mortgage experience a smooth one.


The Lending Process

Credit Basics

Types of Loans

Common Terms




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Equal Housing Lender. Metrocities Mortgage, LLC, 15301 Ventura Blvd., Suite D300, Sherman Oaks, CA 91403, is a Delaware limited liability company licensed by the California Department of Corporations under the California Residential Mortgage Lending Act. Arizona Mortgage Banker License #BK0903027; Georgia Residential Mortgage License #16984; Illinois Residential Mortgage Licensee #6424; Kansas Supervised Loan License #2002-4365; Massachusetts Mortgage Lender License #MC2011; Mississippi Supervised Mortgage Company; New Hampshire First Mortgage Banker/Broker License 8728-MBB; Licensed Banker-New Jersey Department of Banking #9932415; Pennsylvania Department of Banking #1740; Rhode Island Licensed Lender #20021343LL. Restrictions may apply, ask for details. This is not an offer for extension of credit or a commitment to lend. All calculations are approximations. All rates, fees, and programs are subject to change and/or withdrawals from the market without notice.