Business Details
36 Years
experience
Your Trusted Mortgage Broker in San Jose
Founded in 1990, Mortgage Magic is a family-owned mortgage brokerage firm serving California. With over three decades of experience, we specialize in personalized mortgage solutions tailored to clients' unique needs. Our expertise spans conforming loans, jumbo loans, FHA/VA loans, reverse mortgages, and refinancing options. We prioritize client interests through transparent communication, ethical practices, and access to multiple loan products from Fannie Mae and Freddie Mac.Our team of seasoned professionals maintains industry certifications and adheres to rigorous underwriting standards to ensure efficient approvals. We serve clients across California with a commitment to local market knowledge and long-term client relationships.
Services
Conforming Loans
Jumbo Loans
FHA/VA Loans
Reverse Mortgage
Refinancing
Details
- Year established: 1990
Highlights and features
- We have 35 years of experience in California mortgage markets
- We access both Fannie Mae and Freddie Mac underwriting systems
- Our team includes NMLS-licensed professionals with specialized expertise
- We maintain a strict Code of Ethics with full compensation disclosure
- We offer same-day loan approval capabilities for most applications
What people say
High quality of their people
Knowledgeable and professional
Excellent service
Best mortgage experience
Trustworthy advisors
Services
Conforming Loans
Conforming loans follow Fannie Mae and Freddie Mac guidelines, offering competitive rates for qualified borrowers. These fixed-rate mortgages provide predictable payments over 15-30 year terms. Our automated underwriting system enables most approvals within hours.
Jumbo Loans
Jumbo loans exceed conventional loan limits, currently $1,209,750 in California. We specialize in complex financing up to $8.5 million, working with high-net-worth clients and unique properties. Our expertise handles detailed tax documentation and alternative income verification.
FHA Loans
FHA-insured loans require minimal down payments (3.5% with 580+ credit score) and flexible qualification standards. We guide clients through mortgage insurance requirements and help first-time buyers access affordable financing options.
VA Loans
VA loans offer zero-down financing for eligible military personnel and veterans. Our team processes these specialized loans with guaranteed terms, helping veterans access homeownership benefits through the Department of Veterans Affairs.
Reverse Mortgage
Reverse mortgages convert home equity into tax-free income for seniors aged 62+. We offer HECM-insured products with multiple disbursement options, ensuring clients understand repayment terms and property tax obligations.
People
Doug Jones
CEO
With 35 years in mortgage banking, Doug founded Mortgage Magic in 1990. He holds CA DRE #00979517 and NMLS #286668 licenses, specializing in complex loan structures and ethical lending practices.
Fabian Cantu
Loan Officer
Licensed since 2010 (CA DRE #01294636, NMLS #337139), Fabian specializes in first-time homebuyer programs and community lending initiatives across Silicon Valley.
Kianna Gonzalez
Senior Processor
With 15 years of mortgage processing experience, Kianna ensures timely loan documentation compliance and coordinates with underwriters to maintain Mortgage Magic's rapid approval timeline.
Theo Espinosa
Loan Officer
Licensed since 2015 (CA DRE #01395854, NMLS #298784), Theo focuses on refinancing opportunities and interest rate optimization for California homeowners.
Heather Kulp
Loan Officer
A 20-year industry veteran (CA DRE #00774572, NMLS #256439), Heather specializes in jumbo loan programs and luxury property financing across the Bay Area.
Questions
What mortgage products do you offer?
We provide conforming loans, jumbo loans, FHA/VA loans, reverse mortgages, and refinancing options across California.
How quickly can you approve a loan?
Most applications receive tentative approval within hours using our automated underwriting systems for Fannie Mae and Freddie Mac programs.
Do you serve first-time homebuyers?
Yes, we specialize in FHA loans with 3.5% down payments and assist with first-time buyer tax credits and incentives.
Are your rates competitive?
We access multiple lenders to find optimal rates, with recent jumbo loan approvals up to $8.5 million and FHA programs for lower down payments.
What ethical standards do you follow?
Our Code of Ethics mandates client-first service, full compensation disclosure, and integrity beyond regulatory requirements.
How do you handle complex cases?
Our team manages challenging scenarios with detailed tax documentation, alternative income verification, and creative financing solutions.
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