Confidence from Our Family to Yours
At Shea Mortgage, we are passionately committed to providing excellent customer experiences, and value each of our homeowners like they are members of our extended family. Our legacy and our longevity are directly attributed to honoring our core values of "Honesty," "Integrity," and "Respect" for our customers.
As a home mortgage lender, we know that the home buying process can be overwhelming. We want our customers to feel confident and informed throughout the home buying process, and that starts with transparency. By providing clear, understandable information, we hope to build trust with our customers and establish long-lasting relationships for years to come.
We strive to be accountable for our actions and decisions because our customers deserve it. Our words match our actions, and our customers’ best interests come first. We hope that our dedication to integrity gives our customers the peace of mind they need to make informed decisions about their mortgage, and to trust us with their most important investment.
Our commitment to respect means we act with courtesy and professionalism. We do our best to make the home buying process a positive and rewarding experience for our customers, so they can feel proud to have chosen us as their home mortgage lender.
Why Choose Shea Mortgage as Your Home Mortgage Lender?
We understand that there are many options available when it comes to selecting a home mortgage lender, but we are confident that our team of experts stands out from the rest.
Trusted Expertise in the Home Building Industry
Shea Mortgage has a business relationship with Shea Homes, and because of this relationship we have expertise in the new home building industry. We have seen the industry change and evolve over time and have adapted to meet the needs of our customers in every market condition. Through it all, we have remained steadfast in our commitment to helping our customers achieve their dream of homeownership
Unlike other mortgage companies that may be less familiar with the Shea home building process, every member of the Shea Mortgage team is highly knowledgeable about the Shea process and has been designed for peak efficiency for new home mortgages.
Competitive Rates and Approval Periods
As a direct lender, Shea Mortgage has access to competitive rates and loan programs. This also allows us to offer fast review periods for pre-qualification, typically within 24-48 hours. Our singular goal is to provide our customers with the highest level of customer service while providing valuable loan products at a competitive price.
Innovative Communication Solutions
At Shea, we not only want you to feel confident in your home buying decision, but also well-equipped for the journey ahead. That’s why Shea Mortgage uses a user-friendly online portal to help you through the homebuying process, so you’ll always be kept in the loop. This tool is an easy one-stop shop that streamlines communication and allows you to store your financial documents, check in on process updates, and see any outstanding tasks that need to be completed.
What Type of Home Loans Does Shea Mortgage Offer?
Shea Mortgage offers a variety of loan programs including:
Adjustable Rate Mortgage (ARM): An adjustable rate mortgage (ARM) is a loan with an interest rate that changes. With an ARM, the initial interest rate is fixed for a period of time. After that, the rate adjusts at specified intervals during the remainder of the loan term. Adjustments are based on an "index" (the value of which can change over time) plus a "margin." The index plus the margin determine the fully adjusted rate, which is typically subject to certain limits (ceilings and floors). These limits are referred to as "caps."
FHA Mortgage: A mortgage for which the lender is insured against loss by the Federal housing Administration, with the borrower paying the mortgage insurance premium. The major advantage of a FHA mortgage is that the required down payment can be as low as 3.5%.
VA Mortgage: A mortgage for which the lender is insured against loss by the Veterans Administration. The primary advantage of such a mortgage is that the borrower can put little or no money down, and the loan carries no mortgage insurance. There is no maximum loan amount so long as the borrower qualifies and has full entitlement. Only Veterans, Active Duty, and Surviving Spouses are eligible for this type of mortgage.
Jumbo Mortgage: A jumbo loan or mortgage is a loan that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA) for Fannie Mae and Freddie Mac. In 2023, single-family mortgages with balances higher than $726,200 in most U.S. counties (and $1,089,300 in high-cost areas) will be considered jumbo.
Our Shea Mortgage team can provide you with an understanding of loan options available. We want to help you choose the loan that best fits your needs. Read more about Shea’s mortgage loan options.
Contact our Shea Mortgage Team
What are the Steps to Securing a Home Mortgage Loan?
If you are ready to take the next step in the homebuying process, it's best to contact a lender and get pre-qualified. By getting pre-qualified, your loan originator will help you assess what you may qualify for and give you payment examples to ensure the numbers align with your monthly budget. Once you receive your pre-qualification, your search for your dream home can begin! When you select your home and go into the contract phase, the final step in receiving a loan is to complete a full loan application. Once your application is accepted, your loan originator will reach out to help you get ready for closing! Learn more about our mortgage process. Learn more about our mortgage process.
If you would like to speak with a Shea Mortgage team member before submitting a pre-qualification application, please submit an inquiry form or call us at 800-540-7432.
How to Decide What Mortgage Loan is Best for You?
There are a variety of loan programs, loan terms, loan rates and loan options available today. We know it can sometimes be overwhelming to figure out which is best for you. Our Shea Mortgage team is here along the way, providing expert advice to help you choose a loan that best fits your needs.
Shea Mortgage & Shea Homes
Our close connection with your new home builder allows for constant, seamless communication with community sales teams. Our lenders know the new home building process inside and out, so they can coordinate your home financing plan with the construction of your dream home.
Connect with Our Shea Mortgage Team