When choosing a mortgage lender in California, consider interest rates, loan programs, customer service, and experience with the local market. Comparing several lenders can help you find the best fit for your financial goals and timeline.

What’s the difference between a broker and a lender?

A mortgage broker in California works with multiple lenders to help you find the best rates and terms, while a lender provides the loan directly. Depending on your situation, one may offer better flexibility or lower costs in the California housing market.

How long does it take to close on a mortgage in California?

The average closing time in California is 30 to 45 days, though it can be faster with pre-approval and all documents in order. Working with an experienced lender can help speed up the process and avoid delays.

What do I need to get pre-approved for a mortgage in California?

To get pre-approved in California, you’ll need income verification, credit history, bank statements, and employment details. A lender will use this to estimate how much you can borrow and what rates you may qualify for.

What credit score do I need to get a mortgage in California?

Most lenders look for a minimum credit score of around 620 for conventional loans, though FHA loans may allow lower scores. A higher score can help you secure a better rate from local lenders in California.