Laguna Beach


Mortgage Rates And The Best Lenders

Laguna Beach is a seaside resort city located in southern Orange County, California with a population of only 23,224. It is known for its mild climate and vibrant tourism industry. An estimated 12 million people visit it annually to attend some of its large events, which include Pageant of the Masters, Festival of Arts, Sawdust Art Festival, Art-A-Fair, Bluewater Music Festival, and Kelpfest.


The median property value in Laguna Beach is $1.57M, making it one of the most expensive locations for home buyers in the country. According to Zillow, home value in Laguna Beach have gone up by 1.2% over the past year and may continue to rise by 0.8% within the next year.


Laguna Beach mortgage rates


As of Friday, May 3, 2019, the mortgage rates in Anaheim are 4.34% for a 30-year fixed mortgage, 3.85% for a 15-year period, and 4.8% for a 5/1 ARM mortgage.


Best mortgage lenders in Laguna Beach


Quicken Loans. Quicken Loans combines a fully online application process with live consultation, which makes it ideal for both first-time and seasoned borrowers. It is considered the largest FHA lender in the nation, with a down payment program for certain buyers requiring only 1%. Its online system is one of the most robust in the industry with the capability of coming up with a loan decision within minutes. Apart from FHA loans, it offers USDA loans as well as products offered by Freddie Mac and Fannie Mae. Better offers a seamless online application process for those who want to their transactions online, but also offers live assistance if needed. These loan officers are not paid with commissions; the company claims that they are only needed for support, which means that prospective clients need not worry about the deluge of sales calls. Better offers a variety of purchase and refinance loans, from small loans for first-time buyers to jumbo loans. It also offers products to borrowers with uncommon situations, such as those who are self-employed.


JG Wentworth. This lender is ideal for those who want a quick application process without face-to-face contact. JG Wentworth’s process is entirely digital, including pre-qualification, which is completed through e-mail. The company has various loan offers, including conventional, jumbo, and government-backed loans. The company is prides itself on being the ideal lender for veterans owing to its origins, employing VA loan specialists to help veterans and their spouses during transactions.