The Best Mortgage Lenders in Woodland Hills, CA
Compare verified mortgage lenders serving Woodland Hills, California. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Woodland Hills
Featured Mortgage Lenders
Jason B. Klinghoffer
New American Funding - Woodland Hills
New American Funding's Woodland Hills branch stands out as one of the highest-rated mortgage lenders in the San Fernando Valley, with Jason Klinghoffer leading a team known for exceptional customer service and expertise in California's unique real estate market. They specialize in jumbo loans and competitive conventional financing, with particular strength in serving both first-time homebuyers and luxury property purchasers. Their local office provides personalized service with the backing of a national lender's resources and product diversity.
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Michael Semaan
loanDepot
loanDepot's Sherman Oaks location serves Woodland Hills with excellent accessibility and has built a strong reputation throughout the San Fernando Valley for competitive rates and efficient loan processing. Michael Semaan and his team are particularly noted for their expertise in refinancing and jumbo loan products, with many clients praising their responsiveness and ability to close loans quickly. Their digital mortgage platform combined with local expert guidance provides a balanced approach that appeals to both tech-savvy and traditional homebuyers.
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David Lipton
Guild Mortgage - Calabasas
Guild Mortgage's Calabasas office, located just minutes from Woodland Hills, brings over six decades of mortgage lending experience with a strong focus on personalized service and community relationships. David Lipton's team is particularly skilled with government-backed loans (FHA/VA) and serves a diverse clientele across the West San Fernando Valley. Their extensive product portfolio includes specialized options like renovation loans and reverse mortgages, making them a versatile choice for various financing needs in the competitive Southern California market.
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Frequently Asked Questions
Common questions about mortgage lending in Woodland Hills, CA
What are the current mortgage rates like for homes in Woodland Hills, CA?
Mortgage rates in Woodland Hills are typically competitive with national averages but can be influenced by the area's high property values. As of late 2023, rates for 30-year fixed mortgages in the Los Angeles County area generally range from 6.5% to 7.5%, though jumbo loans for Woodland Hills' luxury market may carry slightly higher rates. It's best to consult with local lenders who understand the specific dynamics of the San Fernando Valley market.
Are there any special first-time homebuyer programs available specifically for Woodland Hills?
While Woodland Hills doesn't have city-specific programs, homebuyers can access several California state programs like the CalHFA Conventional or FHA loans with down payment assistance. Additionally, the City of Los Angeles' Home Ownership Program may offer assistance to eligible buyers in the Woodland Hills area. Many local lenders also offer specialized first-time buyer programs tailored to the high-cost Woodland Hills market.
How does Woodland Hills' high home prices affect my mortgage options?
Woodland Hills' median home price typically exceeds Los Angeles County's conforming loan limits ($1,089,300 in 2023), meaning many buyers will need jumbo loans. These require stronger credit scores (usually 700+), larger down payments (often 20-25%), and more extensive documentation. Local lenders familiar with Woodland Hills' luxury market can help navigate these requirements and potentially offer portfolio loan options.
What should I know about property taxes when getting a mortgage in Woodland Hills?
Woodland Hills follows California's Proposition 13, meaning property taxes are approximately 1.1% of the purchase price, plus local assessments. However, being in Los Angeles County means additional Mello-Roos or community facility district taxes may apply in newer developments. Your lender should calculate these accurately, as they can significantly impact your total monthly payment in Woodland Hills' premium neighborhoods.
Are there any local mortgage considerations for buying a condo in Woodland Hills?
Yes, Woodland Hills has many condominium complexes with specific requirements. Lenders will scrutinize the HOA's financial health, owner-occupancy rates (often requiring 50%+), and any pending litigation. Some luxury condo buildings in areas like Warner Center may have additional requirements. Working with a local mortgage broker familiar with Woodland Hills condo complexes can help navigate these specific underwriting challenges.
Nearby Cities
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Why Choose a Mortgage Lender in Woodland Hills?
Local Market Knowledge
Lenders who understand Woodland Hills'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 Woodland Hills and get competitive rates on your home loan.