> See also San Diego County Mortgage Page

Important websites for San Diego home buyers and homeowners:

• The Official Web Site of the City of San Diego
• San Diego's newspaper San Diego Union-Tribune, San Diego Real Estate section of San Diego Union-Tribune Home buying Resale Homes, New Homes, Commercial, Open Homes, New Listing Alert, Find An Agent, Agents for Seniors Search for homes in San Diego area at San Diego Real Estate Central
• Are you Local or Moving to San Diego County? San Diego Real Estate - Realtor.com

• Population (year 2000): 1,264,600, (January 1, 2002)
• Median resident age: 32.5 years
• Median household income: $45,041 (year 2000)
• Average Temperatures: July 70 degrees, December 59 degrees
• Land Use (September 2000):
  • Residential 27%
  • Public/Semi-Public 32%
  • Commercial/Industrial 9%
  • Agricultural 10%
  • Vacant 22%
• Elevation:
  • Highest Point: Cowles Mountain,1,586 feet
  • Lowest Point: Sea Level Average Altitude: 13 feet
  • Land area: 342.4 square miles

San Diego – The City

San Diego is the sixth largest city in the US and is considered to be ‘America's finest city’.  It is a bustling commercial center located in the state of California. The city covers an area of 72.7 square miles. The city of San Diego plays home to some 1.2 million people, while approximately 2.7 million people live in the San Diego county.

San Diego Mortgage Lenders

San Diego houses many reputed mortgage lending institutions that cater to mortgage requirements of first time home buyers, move up buyers, mortgage refinancing and real state investors. Mortgage lending institutions like Washington Mutual Bank, La Jolla Loans Inc., American Mortgage Specialist, California Commercial Financial, E Realty Commercial, General Mortgage Corp., Wells Fargo Mortgage Resources, Mortgage Partners Inc. are among the top mortgage lenders of San Diego. They offer different mortgage products in order to be competitive. The borrowers who want mortgage financing should shop around to find the best deal.

Mortgages Offered

San Diego mortgage lenders mainly offer mortgage loans with two differing loan terms, namely 15 years and 30 years. There are lenders who offer mortgages with other terms variations as well. You can get mortgage loans with loan term varying between ten to forty years. The 30-year mortgage entails lower monthly payments but then the overall amount you will be paying to the mortgage lender will be high. On the other hand, 15-year mortgages though attract higher rates than its counterparts that have longer loan terms, but the overall outgo (principal plus interest) is much lesser. Mortgage lenders in San Diego also offer services like debt consolidation, mortgage refinancing, interest only mortgages, home equity, reverse mortgages etc.

When you shop for mortgage loans in San Diego you should consider the total cost of the loan. Interest rates, discounts, prepayment penalties, down payment requirements etc constitute the total cost of the loan.

San Diego: Other Attractions

San Diego is a pleasant city to stay and also to visit. The city has plenty of sunshine and plenty of sand too. It has over 70 miles of sandy beaches. The atmospheric temperature does not exceed 21 degree Celsius, making it an ideal place to reside.

San Diego is a good place for people with cultural bent of mind too. The award winning theaters of San Diego like The Old Globe Theaters and La Jolla Playhouse plays venue to stage performances from dance troupes, theater groups and famous musical entertainers. The city also has many avenues for sporting activities.