The Best Mortgage Lenders in Orange, CA
Compare verified mortgage lenders serving Orange, California. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Orange
Featured Mortgage Lenders
Rick Soukoulis
New American Funding
New American Funding is a top-rated direct mortgage lender with a strong physical presence in Orange. Rick Soukoulis leads the local branch with exceptional customer service ratings and extensive experience in Southern California real estate. They offer competitive rates and specialize in diverse loan programs including their signature I CAN mortgage with 1% down payment option. The company maintains an A+ BBB rating and is particularly noted for serving first-time homebuyers and diverse communities with personalized service.
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Michael Semaan
Guild Mortgage
Guild Mortgage's Orange County branch, led by Michael Semaan, consistently receives outstanding reviews for their exceptional service and competitive rates. Though located in nearby Santa Ana, they extensively serve Orange and surrounding communities. With over 60 years in business, Guild offers stability and expertise with a wide range of loan products. They're particularly strong in VA loans and first-time homebuyer programs, with many reviewers praising their responsive communication and smooth closing processes.
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Jason Kavanagh
CrossCountry Mortgage
CrossCountry Mortgage maintains a prominent physical office in Orange with Jason Kavanagh leading a highly-rated team. They offer comprehensive mortgage solutions with particularly strong performance in jumbo loans and construction financing. The company has built an excellent reputation for transparent pricing and efficient loan processing. Many customer reviews highlight their ability to handle complex financial situations and provide competitive rate options while maintaining clear communication throughout the entire mortgage process.
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Frequently Asked Questions
Common questions about mortgage lending in Orange, CA
What are the current mortgage rates like for homes in Orange, CA?
Mortgage rates in Orange are typically competitive with national averages but can be influenced by Southern California's high-cost housing market. As of recent trends, rates for 30-year fixed mortgages in Orange County generally range slightly above national averages due to higher property values. It's best to compare rates from local credit unions and lenders who understand the Orange market specifically.
Are there any first-time homebuyer programs specifically available in Orange?
Yes, Orange homebuyers can access the Orange County Housing Finance Authority's (OCHFA) first-time homebuyer programs, which offer down payment assistance and competitive interest rates. Additionally, the California Housing Finance Agency (CalHFA) provides statewide programs that Orange residents qualify for, including MyHome Assistance Program for down payment help. These programs are particularly valuable given Orange's median home prices.
How does Orange's high property value affect my mortgage options?
Orange's median home prices often exceed conventional loan limits, making jumbo loans a common necessity for many buyers. You'll typically need stronger credit scores (700+) and larger down payments (10-20%) for jumbo mortgages in Orange. Many local lenders specialize in these high-balance loans and can guide you through the stricter qualification requirements specific to Orange County's market.
What local factors should I consider when getting a mortgage in Orange?
Consider Orange's specific property tax rates (approximately 1% of purchase price plus local bonds), Mello-Roos taxes in newer developments, and higher insurance costs due to wildfire risk areas. Also factor in Orange Unified School District boundaries, which can affect both property values and your housing budget. A local mortgage broker can help you calculate these ongoing costs accurately.
Are there special mortgage considerations for buying in Orange's historic districts?
Yes, purchasing in Orange's historic districts like Old Towne Orange may require specialized lending considerations. Some lenders might have stricter appraisal requirements for historic homes, and you may want to explore renovation loans if the property needs updates while preserving historic character. Additionally, insurance costs can be higher for historic properties, which lenders will factor into your debt-to-income ratio.
Why Choose a Mortgage Lender in Orange?
Local Market Knowledge
Lenders who understand Orange'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 Orange and get competitive rates on your home loan.