The Best Mortgage Lenders in Stevenson Ranch, CA
Compare verified mortgage lenders serving Stevenson Ranch, California. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Stevenson Ranch
Featured Mortgage Lenders
Rick Souder
New American Funding
New American Funding is a top-rated direct mortgage lender with a strong local presence in the Santa Clarita Valley, serving Stevenson Ranch homeowners. They are particularly noted for their exceptional customer service and competitive rates. The local Valencia branch, led by Rick Souder, has built an outstanding reputation for helping buyers navigate the competitive Southern California market. They offer a wide range of loan products including their signature I CAN mortgage program and have special programs for diverse communities. Their digital mortgage process is streamlined and efficient, making them a preferred choice for both purchase and refinance transactions in the area.
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Brian K. Kossler
Guild Mortgage
Guild Mortgage's Valencia office has established itself as a premier mortgage lender serving Stevenson Ranch and the greater Santa Clarita Valley. Brian Kossler and his team are known for their expertise in complex loan scenarios and first-time homebuyer programs. Guild stands out for their portfolio lending capabilities, allowing more flexibility for self-employed borrowers and unique financial situations. They maintain strong relationships with local real estate agents and have a reputation for closing loans on time. Their long-standing presence in the mortgage industry since 1960 provides stability and reliability that homebuyers in Stevenson Ranch appreciate.
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Michael G. Kessler
CrossCountry Mortgage
CrossCountry Mortgage, with their Woodland Hills office serving the Stevenson Ranch area, has built an excellent reputation for competitive rates and personalized service. Michael Kessler's team specializes in navigating the competitive Los Angeles County housing market and has extensive experience with jumbo loans common in Stevenson Ranch's premium housing market. They offer a comprehensive suite of loan products and are particularly strong in construction lending and investment property financing. Their local expertise combined with national lending power makes them a strong choice for Stevenson Ranch homeowners seeking reliable mortgage services with competitive terms and professional guidance throughout the lending process.
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Frequently Asked Questions
Common questions about mortgage lending in Stevenson Ranch, CA
What are the current mortgage rates like for homes in Stevenson Ranch, CA?
Mortgage rates in Stevenson Ranch are competitive with the greater Los Angeles County average, typically ranging from the mid-6% to low-7% for a 30-year fixed-rate loan as of late 2023. Rates can be influenced by the high property values in this desirable master-planned community. It's wise to compare offers from both local credit unions and national lenders to find the best rate for your financial profile.
Are there any special loan programs for first-time homebuyers in Stevenson Ranch?
Yes, first-time homebuyers in Stevenson Ranch can explore the CalHFA conventional loan with a California Housing Finance Agency MyHome assistance program, which offers deferred-payment junior loans for down payment and closing costs. Since Stevenson Ranch is in Los Angeles County, you may also be eligible for the County's Mortgage Credit Certificate (MCC) Program, which can provide a significant federal tax credit.
How does the Stevenson Ranch HOA affect my mortgage qualification?
Lenders will factor the Stevenson Ranch Homeowners Association (HOA) dues into your debt-to-income (DTI) ratio, which can impact how much home you can qualify for. These dues, which cover extensive community amenities and maintenance, are typically several hundred dollars per month. Be sure to provide your lender with the exact HOA fee for the property you're purchasing so they can accurately calculate your DTI.
What is the typical down payment required for a home in Stevenson Ranch?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Stevenson Ranch successfully purchase with lower down payments. Conventional loans can require as little as 3-5% down, and FHA loans require 3.5% down. Given the area's higher median home prices, a larger down payment will significantly lower your monthly mortgage payment.
Are jumbo loans common for financing in Stevenson Ranch, and what are the requirements?
Yes, jumbo loans are very common in Stevenson Ranch due to home prices often exceeding the conforming loan limits for Los Angeles County ($1,149,825 in 2024). Jumbo loans here typically require excellent credit (often a FICO score of 720 or higher), a lower debt-to-income ratio, and larger down payments, usually between 10-20%. You'll need to provide extensive documentation of your income and assets.
Nearby Cities
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Why Choose a Mortgage Lender in Stevenson Ranch?
Local Market Knowledge
Lenders who understand Stevenson Ranch'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 Stevenson Ranch and get competitive rates on your home loan.