The Best Mortgage Lenders in Huntington Beach, CA
Compare verified mortgage lenders serving Huntington Beach, California. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Huntington Beach
Featured Mortgage Lenders
Jason M. Ruedy
New American Funding
New American Funding is a top-rated direct mortgage lender with a strong Huntington Beach presence, consistently earning exceptional customer reviews for their personalized service and competitive rates. With nearly 20 years of experience, Jason Ruedy and his team specialize in helping Southern California homebuyers navigate the complex coastal real estate market. They offer a wide range of loan products including specialized programs for first-time buyers and portfolio loans for unique properties. Their local expertise in Orange County's housing market, combined with their direct lending capabilities, allows for faster closings and more flexible underwriting compared to traditional banks.
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Michael Courson
Guild Mortgage
Guild Mortgage has been serving Southern California homebuyers for over 60 years with a strong reputation for reliability and excellent customer service. Michael Courson's Huntington Beach-area team consistently receives high marks for their expertise in coastal property financing and complex loan scenarios. They offer unique loan programs including their own portfolio products and have particular strength in VA and FHA lending. With their corporate history deeply rooted in California, they understand the specific challenges of Huntington Beach's competitive real estate market and provide exceptional guidance through the entire mortgage process.
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Member Services
SchoolsFirst Federal Credit Union
As California's largest credit union and a dominant financial institution in Orange County, SchoolsFirst FCU has served education community members and their families for nearly 90 years. They maintain exceptionally competitive mortgage rates for qualified members and offer personalized service through dedicated mortgage specialists. Their strong capital position allows them to portfolio many of their loans, providing flexibility that larger banks cannot match. With deep roots in the Huntington Beach community and multiple nearby branches, they combine the benefits of local service with the financial strength of a major institution, consistently earning high customer satisfaction ratings for their transparent processes and member-focused approach.
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Frequently Asked Questions
Common questions about mortgage lending in Huntington Beach, CA
What are the current mortgage rates like in Huntington Beach, and how do they compare to national averages?
Mortgage rates in Huntington Beach typically run slightly higher than national averages due to the city's premium coastal location and competitive housing market. As of late 2023, rates were approximately 0.125% to 0.25% higher than national averages for conventional loans. It's important to work with a local lender who understands the specific risk factors and property values in Huntington Beach's unique market.
Are there any special loan programs available specifically for Huntington Beach homebuyers?
While there aren't city-specific mortgage programs, Huntington Beach homebuyers can access several California state programs like the CalHFA conventional loan with down payment assistance. Additionally, some local credit unions like SchoolsFirst FCU (headquartered in nearby Santa Ana) offer special mortgage products for Orange County residents, including those in Huntington Beach.
How does Huntington Beach's coastal location affect mortgage lending requirements?
Huntington Beach's coastal status means lenders often require additional flood insurance and may have stricter requirements for properties in flood zones. Some lenders may require more extensive property inspections for homes near the ocean due to salt air corrosion concerns. These factors can slightly increase closing costs and insurance requirements compared to inland Orange County cities.
What should I know about jumbo loans in Huntington Beach's high-cost market?
Given Huntington Beach's median home price exceeds $1 million, most buyers need jumbo loans which typically require higher credit scores (700+), larger down payments (15-20% minimum), and more cash reserves. Local lenders are experienced with these requirements, but you should expect more stringent documentation and potentially higher interest rates compared to conforming loans.
Are there any special considerations for first-time homebuyers in Huntington Beach?
First-time buyers in Huntington Beach should explore the Orange County Housing Finance Authority programs and CalHFA's MyHome Assistance Program, which offer down payment help. Given the high prices, many first-time buyers use ADU (accessory dwelling unit) financing options to create rental income, or consider condos and townhomes as more affordable entry points into the market.
Nearby Cities
Explore mortgage lenders in cities near Huntington Beach, CA
Why Choose a Mortgage Lender in Huntington Beach?
Local Market Knowledge
Lenders who understand Huntington Beach's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in California.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Huntington Beach and get competitive rates on your home loan.