Home loans for every stage of life
Personalized Service -
Fast & Simple
Abana Mortgage helps clients of all ages through every stage of home ownership, from first-time buyers to seasoned homeowners. We provide clear guidance, personalized solutions, and trusted support along the way.
Run the numbers!
25+
Years of
experience
RICH COLENZO
Broker
Rich Colenzo is the broker/owner of Abana Mortgage. With over 25 years of mortgage experience and 18 years working as a broker, he has built his business model on personalized customer service. Working directly for Wells Fargo Home Mortgage, Countrywide Home Loans and GMAC Mortgage has helped him gain a wide range of expertise in all areas of residential lending.
A Southern California native, Rich and his wife moved to Northern California over 30 years ago where they have raised their two children. A veteran of the U.S. Army, 82nd Airborne Division, assisting Military Veterans with their home ownership needs is an honor and a privilege. In his free time, you'll find him spending time with family, playing with his grandsons, working in the yard and riding around on his Kawasaki Dual Sport Motorcycle.
Whether you're purchasing a home for the first time, interested in refinancing your current home loan, a military veteran, or a senior looking for a reverse mortgage, Rich would love to be your advocate and connection for all your home ownership needs.
Your Advocate in Lending
We're here to help you choose the best type of loan.
Fixed Rate Loan
30, 25, 20, 15, 10 year fixed rate for the entire term of the loan.
Benefit - rate stays the same during the entire term of loan.
ARM Loan
30 year loan fixed for the first 3, 5, 7, or 10 years - converts to an adjustable rate after the fixed term.
Benefit - lower interest rate for fixed period.
Jumbo Loan
30, 15 year fixed or ARM loan that is higher than conforming loan limits.
Benefit - ability to finance higher loan amounts.
VA Loan
Loans specifically designed for veterans that serve or have served in the military.
Benefit - lower rate, no down payment required to purchase home, or streamline refinance of an existing home.
FHA Loan
Government program for purchasing or refinancing a home.
Benefit - lower or no down payment to purchase a home, lower qualifying standards.
Private Financing
Private funds often used as a short term loan, higher interest rates and costs.
Benefit - low or no qualifying, based on assets or equity of property, can be used for unconventional property types.
Reverse Mortgage
Home loan for purchasing or refinancing a home for people over 62 years of age.
benefit - no monthly mortgage payments (payment of property taxes and insurance are still required), no credit qualifying, lifetime loan - Reverse Mortgage or HECM (home equity conversion mortgage) loans are not FHA provided, however they are FHA insured.
*This information is not from HUD or a government agency.
Calculate Your Mortgage
Use our mortgage calculator to estimate your monthly payments and find the best financing options for your new home. With over 25 years of personalized service, Abana Mortgage is here to guide you through every step of home ownership.
Getting started is simple - simply adjust the numbers to fit your goals and see how different loan options can work for you. When you’re ready, our team is here to turn estimates into a personalized plan that fits your life.
