Your Local Mortgage Lender
Located in San Jose, California
Personalized Mortgage Experience
John Zialcita offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.
With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.
Let us help you achieve your homeownership dreams!
The Home Loan Process
Mortgage Pre-Approval
Get pre-approved from one of our Loan Officers to see how much you can afford.
House Shopping
Work with a trusted Real Estate Agent to find a home you would like to move into.
Loan Application
Complete your home loan application to get the lending process started.
Don't take my word for it
Mortgage Programs
Experience the best mortgage experience located in San Jose, California.
Home Loan Options
Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.
Conventional Home Loans.
FHA Home Loans.
USDA Home Loans.
VA Home Loans.
Frequently Asked Questions
How often can I refinance my mortgage?
There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.
Can I buy a home if I do not have money for a down payment?
Yes! There are a number of bond programs that offer low or no down payment financing options.
How do I know which mortgage is right for me?
The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.
How long will the loan process take?
The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.
Will I qualify for a home loan?
The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.
Why do people refinance their mortgages?
Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.
How much money will I have to pay upfront to buy a home?
This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.
Can I get a mortgage after bankruptcy?
You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.
Should I lock my interest rate now, or wait until we are closer to our closing?
Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.
Most Recent Blog Updates
Should You Wait for Lower Mortgage Rates Before Buying and Here Is What That Decision Actually Costs
The Conversation John Zialcita Is Having With Buyers Every Week
Buyers are waiting. Waiting for rates to come down before they commit. Waiting for conditions that feel more favorable before they make the largest financial decision of their lives. John Zialcita hears this every week and he is not here to dismiss it. The reasoning makes sense on the surface.
But the surface is not where the full picture lives.
What the Waiting Strategy Actually Produces
Think through what happens when rates fall enough to bring buyers back. Not just you. Everyone who has been watching and waiting receives the same signal at the same time. They all move together.
The result is more buyers competing for the same inventory. More competition pushes prices higher. The monthly savings from the lower rate get absorbed by the higher purchase price required to win in a market where sellers suddenly have leverage again. The math of that sequence does not automatically produce a better financial outcome than buying today. It often produces a worse one while looking better on the surface because the rate is lower.
What This Market Is Giving Buyers Right Now
The dynamic that exists in a higher-rate environment is the one buyers are sitting out right now. Fewer competing buyers means sellers are negotiating. Price reductions are happening. Closing cost contributions are being built into offers. Seller-funded rate buydowns that lower the monthly payment are being negotiated in transactions that would not have accommodated that flexibility two or three years ago.
That leverage does not follow buyers into the lower-rate market they are waiting for. It exists now and it disappears when the competition returns.
The refinance option also exists now and will exist later. If rates improve after the purchase the refinance path is available and the lower rate can be captured at that point. What cannot be recaptured is the purchase price. You can refinance into a better rate. You cannot go back and buy at today's price after waiting a year in a market where that price is no longer available.
The Honest Answer About Rate Predictions
Nobody knows when rates will fall. John Zialcita does not. Professional economists with full-time research teams do not. The confident voices on social media who sound certain about the timeline do not. A purchasing decision anchored to that prediction is not a conservative strategy. It is a bet on an outcome that cannot be reliably forecasted.
The question with a real answer is whether today's payment is affordable at today's rate on today's home. If yes, waiting is a risk that the numbers do not support.
Send John Zialcita a message and he will build both scenarios for you in real numbers. Buying now versus waiting a year, side by side, so the comparison is based on actual figures rather than assumptions about which path wins.
Sources
NAR.realtor
MortgageNewsDaily.com
FederalReserve.gov
ConsumerFinancialProtectionBureau.gov
Investopedia.com
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