Business Details
32 Years
experience
Your Trusted Mortgage Brokers in Los Gatos, CA
Silicon Valley Mortgage has been guiding families through mortgage processes for 27 years, specializing in home loans, refinancing, reverse mortgages, and commercial loans. Our independent brokerage model provides access to over 75 lenders, ensuring competitive rates and tailored solutions. We prioritize client-centric service, particularly for self-employed individuals and non-traditional borrowers, with a streamlined digital process and expert consultations.Our team's deep industry knowledge and commitment to transparency help clients achieve their financial goals while navigating complex mortgage markets. We maintain partnerships with major lenders and offer specialized programs for unique property types and borrower profiles.
Services
Home Loans
Refinance
Reverse Mortgages
Commercial Loans
Mortgage Broker Services
Details
- Year established: 1994
Highlights and features
- 27 years of mortgage industry experience
- Access to 75+ lenders for competitive rates
- Specialize in loans for self-employed borrowers
- Streamlined digital application process
- Expertise in unconventional property financing
Associations and certifications
- NMLS #266756
What people say
Seamless process
Personalized support
Expert guidance
Competitive rates
Quick approvals
Services
Home Loans
Purchase your dream home with simplified mortgage solutions. We help determine qualification amounts, budget for down payments, and streamline the closing process. Our access to multiple lenders ensures competitive rates for conventional and non-traditional borrowers in California.
Refinance
Reduce monthly payments through strategic refinancing options. We offer cash-out refinances for home improvements or investments, with processing times as fast as 21-25 days. Our brokers help clients navigate debt consolidation and rate reduction opportunities.
Reverse Mortgages
Secure retirement funds using home equity without monthly payments. We guide seniors through HUD-approved programs, offering lump sums, monthly payments, or credit lines. Our counseling ensures clients understand obligations while maximizing retirement benefits.
Commercial Loans
Obtain financing for commercial properties including retail spaces, industrial buildings, and mixed-use developments. We connect business owners with SBA loans and commercial lenders, offering terms tailored to investment goals and property types.
Non-QM Loans
Access mortgage options for self-employed individuals and non-traditional borrowers. Our Non-QM programs accommodate unique income verification needs, including 1099 contractors and foreign nationals seeking California property investments.
People
Alan Eidinger
Founder
With 27 years in mortgage banking, Alan established Silicon Valley Mortgage to provide alternative financing solutions. He specializes in non-QM loans and commercial lending, leveraging industry relationships to secure favorable terms for complex borrower profiles.
Questions
What mortgage options are available for self-employed borrowers?
We offer Non-QM loans using alternative documentation like bank statements and tax returns to verify income for self-employed applicants.
How much down payment is required for a home purchase?
Conventional loans start at 3% down for owner-occupied homes, with investment properties requiring 10% minimum down payment.
Can I refinance with bad credit?
Yes, we work with lenders offering programs for credit scores as low as 580 for standard loans and 680 for jumbo loans.
What are typical closing costs?
Closing costs average $3,850 for loans under $800,000, covering underwriting, processing, title, and escrow fees.
How long does the mortgage process take?
Purchase loans close within 30 days and refinances in 21-25 days with expedited pre-approvals available within 24 hours.
Do you offer reverse mortgages for seniors?
Yes, we provide HUD-approved reverse mortgages allowing seniors 60+ to convert home equity into tax-free cash without monthly payments.
