Client Testimonials

"I will recommend Michael Deery and Citywide Financial to all my friends who are looking to finance their mortgage. He was proactive in getting me the best rate and the best fit for my income and budget, a tremendous relief during this tough economic climate.  I had complete faith in him throughout the process, he was always available to answer any questions I had along the way. The paperwork seemed overwhelming at times, but Hallie his assistant was accommodating and supportive whenever I needed clarification. I am so appreciative of everything that Michael and his team did for me, it was a truly great experience". 


Heather Jeffrey, San Diego, CA


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Free Credit Report Check 

Free Credit Report and Loan Approval!


If you are looking to refinance or purchase a new home, call us today for a 5 minute consultation and we will check your credit for free and also send you a copy of your loan approval letter. We will also complete your loan approval within 24 hours of providing us with your loan application.


IMPORTANT: When looking to purchase a home in today’s marketplace, it is very important to be approved for financing before you begin your home search and put in any offers, as sellers will want to verify that you have your financing in place first.




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Check Your Home Value

If you are looking to sell your home, or you are interested in refinancing and would like to know an estimated value of your home, we have access to several appraisal companies who can run automated appraisal reports to determine the value of a home. These automated appraisal reports will pick up the most recent sales in a neighborhood, so you can get a more accurate estimation of your home value. If you would like one of these reports, just let us know and we can run it for you. This site below will also give you an estimation of your home value.

Client Success Stories

Our client was a first time home buyer who was unable to qualify for a loan, as her credit scores were below the minimum requirement of 600 for FHA financing. We put together a plan to fix her credit and improve her scores in one week. First we ran a "credit analyzer" on her credit report, so we could determine what debts she had to pay down to increase her credit scores.


After she paid down 2 credit cards, we ran a “rapid re-score” on her credit, which is a way to immediately update her credit scores in 3 business days, instead of waiting roughly 30 days for the credit scores to update by themselves. In less than one week, we were able to get her scores increased by 40 points and over 600, so now she was able to get approved for a loan. I am happy to say she just closed escrow on her new home and she is now a happy first time homebuyer :).


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Welcome to Our Website!

Thank you for considering us to assist with your financing needs. Whether you are looking to purchase a new home or aiming to refinance your current loan, or you are seeking a first time mortgage or home equity loan, we will help you find the best loan program and lowest interest rate for your situation. Please take a moment to watch our video below, which will help you navigate through our website and help you find the information you are looking for

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Michael's Mortgage and Real Estate Reports


Why Have Mortgage Rates Spiked ".5%" Since Trump Election Win?

November 28th, 2016 

Mortgage rates have spiked up .5% since Donald Trump was elected president on Wednesday November 9th. With rates today sitting at roughly 3.875% on a conventional 30-year, up from 3.375% at the beginning of last week, this means a buyer has lost roughly 5% in purchasing power in just the past week. A buyer who could afford a $500k home, can now only afford $475k today using the same payment. The question everyone is asking now, is a Trump presidency going to be positive or negative for interest rates in 2017?


NEW: The New 5% Down Jumbo Conventional Mortgage With No Monthly PMI

November 24th 2016

The new 5% down Jumbo Conventional mortgage with No monthly PMI is a terrific financing option for borrowers who want to purchase a home or refinance. For example, it will allow buyers to purchase a home up to $600k in San Diego, or $655k in LA, Orange County or San Francisco with only 5% down, and have the option of No monthly PMI. Until now, jumbo buyers had to put 10% down if they wanted to purchase a home and borrow over the conventional loan limit of $417k, or they were stuck with FHA financing with expensive mortgage insurance. Check out how to qualify for this new Jumbo Conventional mortgage program.


NEW Mortgage Program: Purchase a Home With Only 1% Down and No Monthly Mortgage Insurance "PMI"

November 18th, 2016

There is a terrific new mortgage program available for borrowers who want to purchase a home or refinance! It is a conventional mortgage that only requires a 1% down payment, and there is also an option to eliminate the monthly mortgage insurance “PMI”. Until recently, buyers had to put down 3% - 5% to qualify for conventional financing, or they were stuck with FHA financing and expensive monthly mortgage insurance if they only had a minimum down payment. Check out how to qualify for this program.

Why 1 in 4 Homebuyers are Using FHA Financing to Purchase a Home

November 10th, 2016

There is great news for buyers and current FHA homeowners who would like to refinance, as the FHA recently lowered their Monthly Mortgage Insurance for the first time since 2001! The FHA lowered it's annual MIP (monthly mortgage insurance premiums) by 50 basis points (0.50%) on all new loans, which will drop the monthly FHA insurance from 1.35% to .85% of the loan balance for any buyer who puts down the minimum of 3.5%. On a $400k loan for example, the monthly MIP drops from $450 a month to $283, savings of $167 a month. This means a buyer can either take advantage of a lower monthly payment, or be able to afford a bigger home. With 1 in 4 homebuyers using FHA financing to purchase a home, check out why FHA remains one of the best low down payment options available for borrowers.


  The Different Factors That Determine the Rate on Your Mortgage

November 5th, 2016

There are many factors that determine the interest rate on your mortgage. The most frequently asked questions that buyers and homeowners ask are “What’s my rate”, or “How is my mortgage rate determined” or “why is my rate higher than what I hear on the TV or radio?, or “Do you see rates increasing when I am ready to buy in a few months?”. With these questions in mind, here is a quick guide that will help you better understand what different factors determine the rate on your mortgage.


9 Ways Buyers Can Accidentally Disqualify Their Loan Before Closing

November 2nd, 2016

Our underwriters have been warning us about an increase in borrowers who are accidentally disqualifying their loan before the closing. For example, they advise that borrowers are going out and buying furniture on credit or a new car before closing, or they change jobs, which unfortunately may now disqualify their loan before closing. These mistakes will happen and will continue to happen if borrowers are not being coached properly before or during the loan process until they close escrow. Here are the 9 most common mistakes that borrowers make which may accidentally disqualify their loan before closing.

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Michael in the News
In 2011, 2012, 2013, 2014 & 2015, Michael has been ranked in the Top 100 Mortgage Originators in America for total loans funded, by Mortgage Origination News Magazine, the Scotmans Guide and Mortgage Executive Magazine. In 2015 Michael was ranked #59 out of 250,000 mortgage originators Nationwide. You can view the 2015 Top 100 Ranking Report HERE.

Michael writes Mortgage and Real Estate articles for the San Diego Union Tribune newspaper. You can check out some recent articles BELOW.