I'm Marco. Your local Mortgage Loan Originator.

Committed to giving you all the support and guidance you need to find the right mortgage options for you and your family.

Prequalify Now
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Marco Mendoza

Mortgage Loan Originator

Committed to giving you all the support and guidance you need to find the right mortgage options for you and your family.

Prequalify Now

About Marco.

At 1st Option Home Loans, Marco Mendoza is passionate about turning the dream of homeownership into reality. With a focus on clear communication and customized loan strategies, Marco makes the mortgage process straightforward and accessible. Dedicated to understanding each client’s unique situation, Marco works tirelessly to find the best mortgage solution, whether you're a first-time homebuyer or a seasoned investor. With over 10 years of experience in the banking and finance industry, Marco has continued to change families lives and that is his true passion and calling. On his spare time, Marco enjoys going to the gym, spending quality time with Family, and loves playing golf.

What's the best loan for my situation?

The answers to all your mortgage questions...

Committed to giving you all the support and guidance you need to find the right mortgage options for you and your family.

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No! With FHA loans you can get approved for as little as 3.5% down, VA and USDA loans can offer you $0-down options, and with Private Mortgage Insurance (PMI) you can get into your new home with less than a 20% down payment. Whatever your situation, you have options.

No. Pre-qualification and pre-approval are two different things. Pre-qualification means that a mortgage lender has reviewed your financial records and believes you will qualify for a loan. A pre-approval is a conditional committment from a lender that they will lend you the money for a mortgage.

A fixed rate mortgage means that the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage, the interest rate may go up or down after a certain amount of time. Many adjustable rate mortgages will start at a lower interest rate than fixed rate mortgages.

Private Mortgage Insurance (PMI) is a type of insurance you may be required to pay if you are taking out a conventional mortgage with a downpayment that is less than 20% of the home's overall value. If you refinance your home with a conventional loan and your equity is less than 20% of the home's value, you may also be required to pay PMI. Private Mortgage Insurance protects the lender in the event that you stop making payments on your loan.

Yes! Your mortgage advisor can help you find the right refinance and reverse mortgage options to help you access your home equity before you've finished paying off your loan. This can help with covering the cost of remodels, college tuition, long-term care plans, and more! Talk to your mortgage advisor to find out how you can access your home equity to cover any of your life's needs.

The first thing you should do in the event that you can't afford your mortgage payements anymore is reach out to your lender. An experienced mortgage advisor can help you find options, such as refinancing or restructuring your loan, to help you keep up with your payments. Always reach out to your lender to ensure that you can keep up with your payments and stay in your home.