Mortgages in Los Angeles County

Los Angeles County’s real estate market has experienced notable growth, with the median home price reaching $937,030 in November 2024, reflecting a 4.3% year-over-year increase.

However, the recent wildfires have had a profound impact on the community, destroying over 12,000 structures and exacerbating the existing housing shortage.

This has led to increased competition for rental properties, driving up rents and making it challenging for displaced residents to find affordable housing.

In response, state and local officials are working to expedite rebuilding efforts by waiving certain regulations and fast-tracking permits.

While these initiatives aim to address the immediate housing crisis, the path to recovery will require time and collective effort.

Where We Lend

As a trusted LA County mortgage provider, we serve communities across this vast and varied region. Here are some of the vibrant areas where we provide Los Angeles County home loans:

Griffin Funding provides LA County mortgages throughout the entire region, from the San Fernando Valley to the South Bay. Our expertise extends across California mortgages, ensuring you get the support you need wherever you choose to call home.

Types of Home Loans Available in Los Angeles County

Every home buyer’s journey is different, and we offer a comprehensive selection of Los Angeles County mortgage loans to match your unique situation:

• DSCR Loans: Finance your next long- or short-term rental based on the property’s income potential rather than traditional qualifications. DSCR loans are perfect for building a real estate portfolio in high-demand tourist areas.
• Asset-Based Loans: Use your liquid assets like bank, retirement, or investment accounts to qualify for a mortgage. These loans count your assets as income, making them perfect for buyers with significant savings but unconventional income.
• Bank Statement Loans: Designed for entrepreneurs and freelancers in LA’s creative industries, these loans use bank statements rather than traditional income documentation for qualification. Instead of tax returns or W-2s, you can qualify using your bank statements.
• Home Equity Loans: Tap into your home’s equity while keeping your existing mortgage rate. Use the funds for any major expense.
• FHA Loans: Make homeownership accessible with lower down payment requirements and flexible credit guidelines. These government-backed loans help more Angelenos achieve their housing goals.
• CalHFA Loans: These loans are state-sponsored programs specifically for California home buyers. They combine competitive rates with down payment assistance to help more people achieve homeownership.
• VA Loans: Available exclusively to veterans, active service members, and eligible spouses, VA loans allow you to enjoy zero down payment options and competitive rates as a thank you for your service.
• USDA Loans: Finance a home in designated rural areas with no down payment required. These loans help make homeownership affordable in qualifying LA County locations.
• ITIN Loans: Navigate the path to homeownership without a Social Security number through our specialized program for non-U.S. citizens.
• Private Money Loans: Get quick approvals and flexible qualification requirements for unique situations. These loans are ideal when you need fast funding or have circumstances that don’t fit traditional mortgage guidelines.

How to Get a Home Loan in Los Angeles County

While each home buyer’s situation is unique, the lending process follows several common steps that help ensure a successful outcome. Here’s a breakdown of what to expect:

1. Financial assessment: Evaluate your current financial position and credit profile for mortgage readiness. Our team will help you understand how LA County mortgage rates might affect your buying power.
2. Pre-approval: Complete our digital application to receive a clear picture of your borrowing potential. This essential step demonstrates your serious intent to sellers in the competitive LA market.
3. House hunting: Partner with a local real estate expert to explore neighborhoods that match your lifestyle and budget. Your agent will guide you through the unique aspects of each LA County community.
4. Processing: Submit required documentation while our team manages appraisals and inspections. Our experienced processors keep track of every detail to ensure nothing gets missed. We’ll coordinate with all parties to keep your purchase moving forward smoothly.
5. Closing: Review your final terms and complete your purchase with confidence. Our experienced team of mortgage experts ensures a seamless transition to homeownership. We’ll walk you through every document and explain each step so you know exactly what you’re signing.

Download our Griffin Gold app to track your loan progress and submit documents effortlessly.

Why Work With Griffin Funding?

Choosing a mortgage lender in LA County is about more than just rates — it’s about finding a partner who understands your goals and knows the local market inside and out.

• Competitive rates that make sense: As a direct lender, we set our LA County mortgage rates ourselves and process everything in-house for quicker decisions and clearer communication. You’ll work directly with our team from start to finish, eliminating the confusion and delays that often come with middlemen.
• Real local knowledge: From beachfront condos to hillside homes, we’ve handled mortgages across every corner of Los Angeles. Our extensive experience with local property types means smoother transactions and fewer surprises.
• Options for every situation: Everyone’s financial story is different. Whether you’re considering when to refinance or buying your first home, we’ll match you with the right loan program. With a full range of conventional and specialized mortgages, we can find solutions that other lenders might miss. Our goal is to help you understand all your options so you can make the best decision for you.
• Simple, modern process: Skip the paperwork headaches. Our online process makes it easy to apply, upload documents, and check your loan status anytime. Through our secure digital platform, you can track your progress 24/7.
• Solutions, not roadblocks: Need an ADU loan? Looking to refinance your mortgage? We think outside the box to find ways to make your real estate goals happen.

Get a Competitive Mortgage Rate in LA County

Whether you’re looking at urban condos or suburban estates, the LA real estate market offers something for every buyer. Ready to refinance your mortgage, invest in real estate, or purchase a new home? Griffin Funding’s team understands what it takes to secure competitive financing in Los Angeles County.

Contact Griffin Funding to lock in favorable LA County mortgage rates and get started with your next move in Southern California.