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The 5 Best Mortgage Companies in Orange County, CA

Getting a mortgage in Orange County, California, can be tricky if you don’t know where to go. Finding the right lender depends on qualities such as credit score, income, and if this is your first time buying a home. Knowing about the different lenders can make the process easier and increase your chances of getting approved.
Getting a mortgage in Orange County, California, can be tricky if you don’t know where to go. Finding the right lender depends on qualities such as credit score, income, and if this is your first time buying a home. Knowing about the different lenders can make the process easier and increase your chances of getting approved.

If you’re a careful buyer, you like to research something before making a commitment. This goes for picking a new doctor, your next job, and a new home. Just as you’d put careful research into all of these areas of your life, it’s important to apply those same principals when picking out a mortgage lender.

Finding the right mortgage lender is based on more than a good rate. Qualities such as customer service, knowing what it takes to get approved, and trustworthiness of the lender are all important. When you’re ready to get your dream home in Orange County, California, you want to feel confident you’re working with a lender who makes the process as easy as possible.

When you choose to work with Clever Partner Agents, you can get a Home Buyer Rebate of $1,000 on homes over $150,000. If your home is over $500,000, you can get up to 1% back to buy mortgage points.

Ready to dive in? Here are five of the best mortgage lenders in the Orange County area.

1. SoFi Helps First-Time Home Buyers

If you feel unsure as a first-time home buyer, SoFi specializes in working with new buyers. Almost two-thirds of people who go through the company have never purchased a home before. SoFi keeps costs down by foregoing application and other types of lender fees during the home loan process.

Even if your credit score isn’t perfect, SoFi won’t base approval solely on that. Your cash flow can make up for a bad credit score and act as one of the factors that helps you get approved. Regardless of who you go through for your first mortgage, don’t be afraid to find out about interest rates for first-time buyers in Orange County, California.

2. Better.com Makes It Possible to Get a Mortgage Online

Perhaps the thought of getting dressed up to go to the bank and get a mortgage sends shivers down your spine. You can apply for a mortgage through Better.com online, without ever needing to leave your house. Loan consultants that do not work on commission are available, so you can ask questions and get the help you need from individuals designated to help applicants.

If you feel unsure about going with a specific mortgage lender, ask your realtor for their opinion. Most have some experience with a variety of different lenders and can give your their own personal feedback.

3. New American Funding Helps Buyers with Bad Credit

Getting a mortgage can seem like an intimidating and even impossible prospect if you have bad credit. One-third of Americans have bad credit, meaning the prospect of getting a home seems out of touch to many. New American Funding offers various programs that include loans for manufactured housing and even assists buyers with finding programs and grants sponsored by the state to help them make the most of their money.

Regardless of your credit score, make open communication a key point with your lender. This can help you find out where you are in the process if you need to close by a certain time. Open communication solves many problems, from managing expectations to knowing what documents are necessary for approval.

4. Bank of America Offers Quality Service In-Person

Perhaps you’d rather go the traditional route and get the help you need in-person. Many people make a trip to the bank to find the mortgage assistance they’re looking for, all the while feeling uncertain about their impending appointment. Let Bank of America help you, with their warm customer service and many options.

They offer a physical loan program that makes it possible to make a downpayment if you’re short on money but possess plenty of earning potential. They also take down payments of only 3% possible, thanks to their participation in the Affordable Loan Act. Picking a company known for quality customer service can help you establish a relationship with a lender, and feel confident about them handling the financial details of your situation.

5. CitiMortgage Provides Options for a Variety of Needs

A tried and trusted lender, CitiMortgage has helped folks buy homes for many years. With a variety of locations sprinkled across California, Citi Mortgage offers a complete line to work for your budget, depending on your needs. This includes everything from VA to FHA loans.

Another benefit is that they provide low down payment options that don’t require your own private mortgage insurance. If you’re looking to work with someone in-person and want to discover the various options based on your credit score and income, this can provide you with the stepping stone you’re looking for.

Clever Partner Agents understand what it’s like to get a home, whether it’s your very first time or one in a long line of many. Working with a Partner Agent can be reassuring since they can help you buy a home that meets your mortgage requirements, while still providing you with the ideal location you’d like to live in.

 

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Jamie Ayers

Jamie is the Director of Content at Clever Real Estate, the free online service that connects you with top real estate agents and helps you save thousands on commission. In the past, Jamie has managed columns for clients in a variety of leading business publications, including Forbes, Inc., CEO World, Entrepreneur, and more. At Clever, Jamie's primary goal is to provide home sellers, buyers, and investors with the information they need to successfully navigate the ins and outs of the real estate industry.

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