Spinnaker Financial logo: a sailboat with a spinnaker sail in front of a yellow sun
Call for a free quote(805) 238-3516

Paso Robles Mortgage Lender

Serving Paso Robles, Atascadero and Templeton for over 30 years

Call us at (805) 238-3516 Get a quote →
A couple hugging in front of their new home beside a SOLD sign, in warm evening light with lavender in the garden

What we do

Our Loan Services

Spinnaker Financial is a Paso Robles mortgage lender that does mortgages and nothing else. We arrange loans for first-time buyers and for investors growing a portfolio, review your situation, and design a loan that fits it.

Home Purchase Loans

First-time buyer, or adding to a home investment portfolio? We review your situation and design a loan that fits, with a smooth transaction as the goal.

Refinancing

Lower a monthly payment that is too high, shorten a 30-year loan to 15 years, or switch from a variable rate to a fixed one.

Cash-Out & Debt Consolidation

Borrow against your home equity for cash, or roll higher-interest debts into one lower-rate monthly payment. We compare the numbers with you first.

VA Loans

For eligible veterans and surviving spouses: no down payment, no mortgage insurance and no prepayment penalties. A Certificate of Eligibility is required.

We also arrange conventional fixed-rate and variable-rate loans, FHA and USDA rural loans, farm, ranch and hobby-farm loans, and reverse mortgages for homeowners 62 and older, plus construction loans and commercial real estate loans. See all loan types · loan payment calculator · credit tips

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The loan process

How a home loan works in Paso Robles

Five steps from your first call to the closing table.

  1. Get pre-qualifiedA quick estimate, by phone or online, of the loan amount you may qualify for.
  2. Get pre-approvedA written approval with a specific loan amount and expected rate, so you can shop within a set price range.
  3. Lock your rateA rate lock freezes your interest rate before closing, typically for 15 to 90 days.
  4. Go through underwritingThe underwriter checks that you can repay the loan and what the property would be worth if you could not.
  5. Sign and closeSign your loan documents and close.
Call now: (805) 238-3516 More loan questions answered →
A set of house keys on a sunny windowsill in an empty new home with moving boxes and oak trees outside

Our story

Tyson Hayward went from captaining 100-ton boats to financing Paso Robles homes.

Tyson grew up in a sailing family. His father competed in the 1932 Olympic sailing trials, and the company is named for the spinnaker, a racing sail.

As a young man he worked in the Virgin Islands, rising from SCUBA dive master to 100-ton boat captain. He then moved to San Luis Obispo County, which he calls the most beautiful in the world, and made it home.

A chance encounter led him into mortgage brokering. A local brokerage recruited him, he earned his real estate license, and he built his career in lending.

Spinnaker Financial was founded in 1993 and is the longest active mortgage broker in North San Luis Obispo County, with over 90 years of combined experience on the team.

Today Spinnaker Financial is a Paso Robles mortgage lender that does one thing: mortgages. Clients keep mentioning the same things: the loan process explained every step of the way, and someone who is always available.

Read Tyson’s full story →

Tyson Hayward, President and CEO

Tyson Hayward, President and CEO of Spinnaker Financial, in a dark blazer and striped tie
Tyson HaywardPresident and CEO
Spinnaker Financial

From a racing family to home loans

  1. Racing rootsHis father competes in the 1932 Olympic sailing trials
  2. Virgin IslandsWorks up from SCUBA dive master to 100-ton boat captain
  3. San Luis Obispo CountyMoves to the Central Coast and makes it home
  4. Mortgage brokeringRecruited by a local brokerage, earns his real estate license and builds a career in lending

Reviews

What clients say about working with Spinnaker

Rated 5 stars on Google. Read our Google reviews.

Testimonials from home buyers and homeowners we have worked with.

Katy went beyond my expectations offering excellent service and she explained the loan process every step of the way.
Home buyer
Client testimonial
Katy was so helpful making our families dream come true of owning our home.
Home buyer
Client testimonial
I have worked with Katy on the purchase of our house and also refinancing it, she has made the experience worry free.
Purchase and refinance client
Client testimonial
Our escrow closed in 4 weeks. A VA loan which I was apprehensive about, but Kay had it nailed.
VA loan client
Client testimonial

Read more client testimonials →

Q&A

Questions about choosing a Paso Robles mortgage lender

What does a Paso Robles mortgage lender like Spinnaker Financial do?

Spinnaker Financial is a mortgage lender based in Paso Robles, California. We help buyers and homeowners in Paso Robles, Atascadero and Templeton with home purchase loans, refinancing and debt consolidation, and we do nothing but mortgages. Tyson Hayward is president and CEO. Call (805) 238-3516 to talk about your loan.

What areas do you serve?

We are based in Paso Robles and make home loans in Paso Robles, Atascadero and Templeton. If your home is in a nearby North County community, call (805) 238-3516 and we will tell you whether we can help.

What types of home loans do you offer?

We offer conventional fixed-rate and variable-rate loans, which follow Fannie Mae and Freddie Mac guidelines, plus FHA, VA and USDA loans. We also offer farm, ranch and hobby-farm loans, refinancing, debt consolidation, and reverse mortgages for homeowners 62 and older.

How much do I need for a down payment?

It depends on the loan. FHA loans average about 3.5% down, and VA and USDA loans can need no down payment. Across all loan types, down payments range from 0% to 25% of the home price, with an average of 5% to 15%. Closing costs run another 2% to 5%, paid in cash at closing.

What is the difference between pre-qualified and pre-approved?

Pre-qualification is an initial estimate, by phone or online, of the loan amount you may qualify for. Pre-approval is more detailed: it gives you a specific approved loan amount and an expected rate in writing, so you can shop within a set price range.

What does it mean to lock in my rate?

A rate lock freezes your interest rate before closing, typically for 15 to 90 days. It can help if you expect rates to rise before you close.

Are you licensed?

Yes. Spinnaker Financial holds California Department of Real Estate Real Estate Broker license #01391488 and NMLS ID #264883. You can verify them on the DRE license lookup and NMLS Consumer Access.

How do I get a quote?

Call (805) 238-3516 or send the quote form on this page with a few details about your plan, and a mortgage professional will guide you through the next steps. We also keep a list of preferred local realtors in Paso Robles, Atascadero and Templeton.

Get a quote

Get a free quote on your home loan

Tell us whether you are buying, refinancing or paying off high-interest debt, and we will call you back. For the fastest answer, call (805) 238-3516.

Call us at (805) 238-3516

Free quote on your Paso Robles home loan

Service area

Serving Paso Robles, Atascadero and Templeton

Spinnaker Financial is based in Paso Robles and makes home loans across North County, including these communities:

Homes in nearby North County communities are considered by request.

Not sure we cover your property? Call us at (805) 238-3516.

Visit our Paso Robles office

724 Spring St. Ste. A
Paso Robles, CA 93446

Parking: street and parking lot.

Get directions →
Sunlit downtown park with a gazebo, shade trees and storefronts in a North County town

Ready to talk about your home loan?

Tell us what you are planning, and we will walk you through your options.

Call us at (805) 238-3516