Fresno's housing market is experiencing significant growth, driven by its strong economy, diverse job market, and relatively affordable housing options. The median home price in Fresno is around $380,000, making it an attractive destination for first-time homebuyers and move-up buyers alike. Neighborhoods like Downtown Fresno and Fig Garden are particularly popular, offering a mix of modern amenities, cultural attractions, and family-friendly environments.

• Downtown Fresno: Revitalized neighborhoods with trendy lofts and condos
• Fig Garden: Family-friendly area with top-rated schools and parks
• Bullhead: Historic neighborhood with charming bungalows and mature trees

At NMHL, we offer a range of mortgage programs tailored to Fresno borrowers' needs. Our loan options include FHA, VA, conventional, jumbo, and specialty mortgages, ensuring that you can find the best fit for your financial situation. We also offer down payment assistance programs and credit-enhancing solutions to help overcome common obstacles to homeownership.

Our mortgage programs are designed to be flexible and accommodating, with options for borrowers with varying credit profiles, income sources, and debt-to-income ratios. Whether you're a first-time homebuyer or a seasoned homeowner, we'll work with you to create a personalized mortgage plan that meets your goals.

As a homeowner in Fresno, you'll need to factor property taxes into your mortgage payments. Fresno's average effective property tax rate is approximately 0.80% of assessed value, which is relatively low compared to other parts of California. For a $380,000 home, annual property taxes would be around $3,040.

It's essential to understand how property taxes work in Fresno and how they can impact your mortgage payments. Our experienced loan officers at NMHL can help you navigate the process and ensure you're prepared for the costs associated with homeownership.

California offers several programs to help first-time homebuyers achieve their dream of homeownership. The California Down Payment Assistance Program (DPA) and the California Mortgage Credit Certificate (MCC) program are two examples. These programs provide financial assistance and tax credits to help with down payments and closing costs.

At NMHL, we can help you explore these programs and determine which ones you're eligible for. Our experienced loan officers will guide you through the application process and ensure you're taking advantage of the best options available to you.