Orange County

 

Mortgage Rates And The Best Lenders

Orange County, in the Los Angeles metropolitan area, is the third-most populous county in California and the sixth-most populous in the US with more than 3.19 million. The county attracts tourists from all over the country, thanks to its attractions like Disneyland, Knott’s Berry Farm, and its beaches along its 40-mile coastline.

 

Orange County boasts one of the most expensive housing markets in the country. Houses have a median sale price of $700K in March, according to Redfin, up from $678K in February. According to Zillow, the upswing Orange County has experienced over the past year is not yet over as it forecast another 0.4% rise in value within the next year.

 

Orange County 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 Orange County

 

Primestone Mortgage. Primestone is a direct lender that offers a wide array of products including conventional, FHA, VA, reverse, hard money and 100% financing loans. Its wholesale platform allows them to sell loans in bulk, therefore obtaining better interest rates from investors, allowing the company to pass the savings to their clients. Its website is functional, featuring a mortgage calculator, debt consolidator, and a realtor locator.

 

SOL Mortgage. Santa Ana-based SOL has been in the mortgage business for 20 years and is one of the most highly regarded in the local area. The company offers a full suite of mortgage options, including conventional, jumbo, and government-backed options, namely, FHA, VA, and USDA. SOL is approved seller and servicer of Fannie Mae, Freddie Mac, and Ginnie Mae loans. Its website has a modern look and allows clients to do their application online.

 

Orange County’s Credit Union. Orange County’s largest locally-chartered community credit union has over $1.5 billion in assets, giving it a strong and secure financial position. Founded in 1938, the credit union serves more than 100,000 members who have access to over 29,500 co-op network ATMs, online and mobile banking, as well as investment options, auto loans, and mortgages. Mortgage products include fixed-rate and variable-rate loans, FHA loans, 0% down payment loans, home equity loans and lines of credit, jumbo loans, multifamily financing, and commercial property financing.

 

New American Funding. New American Funding is a mortgage banker that offers services in both purchase and refinance markets for FHA, VA, conventional, HARP, jumbo and reverse mortgage loans. The company also employs non-traditional verification for self-employed individuals who may not have the expected documentation. It has a fully functional website equipped with many resources and tools, including mortgage calculators, resources on rates and trends, and an online forms that generate quotations in minutes.