Mortgages in San Diego County

San Diego County’s real estate market continues to thrive, with the median home price reaching $1,050,000 in May 2024 — a remarkable 13.5% year-over-year increase (8.3% as of December 2024). As a local lender headquartered in the Bankers Hill area of San Diego, Griffin Funding is uniquely positioned to support the community’s dynamic growth and provide tailored solutions for its diverse population, including active-duty military personnel. Our proximity to major military installations allows us to offer personalized mortgage options that address the specific needs of service members and their families.

To further invest in San Diego’s prosperity, we’ve recently expanded our corporate headquarters. The new space features a large conference room designed to provide a welcoming environment for local clients. This expansion reflects our deep commitment to the region, enhancing our ability to build lasting relationships and offer unparalleled support in navigating San Diego County’s vibrant real estate market.

Where We Lend

Finding the right San Diego County home loans starts with knowing the area. Our lending services cover every community in the region:

Griffin Funding provides San Diego County mortgage loans throughout the entire region. Our California mortgages serve home buyers across every neighborhood in the county.

Types of Mortgages Available in San Diego County

Whether you want to invest in San Diego real estate or find your perfect home, we offer mortgage solutions tailored to your goals:

• DSCR Loans: Turn your investment dreams into reality by qualifying based on rental property income potential. These loans are Ideal for those looking to purchase a vacation rental in popular tourist destinations like Mission Beach or downtown San Diego.
• Asset-Based Loans: Turn your significant savings or investment portfolio into home-buying power. These loans consider your liquid assets as income and are perfect for retirees or those with substantial investments but limited traditional income.
• Bank Statement Loans: Designed with San Diego’s thriving entrepreneurial community in mind, these loans allow self-employed professionals to qualify using their bank statements instead of traditional tax returns, making homeownership accessible for business owners and freelancers.
• Home Equity Loans: Make the most of your property’s increased value in San Diego’s appreciating market with home equity loans (HELOANs) and home equity lines of credit (HELOCs). Use your equity for home improvements, debt consolidation, or other significant expenses while maintaining your current mortgage rate.
• FHA Loans: Break into San Diego’s competitive housing market with a lower down payment. These government-backed loans offer flexible credit requirements and competitive rates, making them ideal for first-time buyers.
• CalHFA Loans: Access special programs designed for California residents entering the housing market. Take advantage of state-sponsored benefits and assistance programs to make your first home purchase more affordable.
• VA Loans: Service members and veterans can achieve homeownership with these government-backed loans. Enjoy zero down payment options and competitive rates as part of your service benefits.
• USDA Loans: Find affordable housing options in San Diego County’s rural communities. These specialized loans require no down payment in qualifying areas, making homeownership more accessible in rural regions.
• ITIN Loans: International buyers can enter the San Diego housing market without a Social Security number. Use your Individual Taxpayer Identification Number to qualify and join the diverse San Diego community.
• Private Money Loans: Get quick approvals for unique properties or situations in San Diego’s fast-moving market. These flexible loans help you act quickly when traditional financing might take too long.

How to Get a Home Loan in San Diego County

Ready to get a San Diego County mortgage? Here’s what to expect in the process:

1. Financial preparation: Review your credit profile and assess your down payment options to understand where you stand. We’ll help you evaluate how current San Diego County mortgage rates affect your buying power and monthly payments.
2. Pre-approval: Submit your information through our streamlined digital platform to receive a clear picture of your borrowing potential. A strong pre-approval gives you an edge in San Diego’s competitive market.
3. House hunting: Partner with a local real estate agent who knows San Diego’s diverse neighborhoods and micro-markets. Their expertise helps you find properties that match both your lifestyle and budget in this varied market.
4. Processing: Submit required documentation while our team manages appraisals and inspections. We verify every detail and keep you updated throughout. We’ll coordinate with all parties to ensure a smooth transaction.
5. Closing: Review your final terms and complete your purchase with confidence. Our mortgage professionals ensure a seamless transition to homeownership. We’ll explain every document and guide you through the final steps until you get your keys.

Want to make the process even smoother? Track your progress easily with the Griffin Gold app, which gives you updates, secure document upload capabilities, and real-time access to your loan status whenever you need it.

Why Work With Griffin Funding?

Choosing the right San Diego County mortgage lender makes all the difference in your home-buying experience. Griffin Funding offers:

• Local expertise: Our team knows every corner of San Diego County, from the coastal areas to inland communities. This deep market knowledge helps structure loans that make sense for specific neighborhoods and property types.
• Competitive rates: As your direct lender, we handle every aspect of your loan in-house and make quick decisions. This streamlined approach means competitive mortgage rates, faster processing, and direct communication throughout your transaction. You’ll always know exactly where you stand in the process.
• Flexible options: From conventional mortgages to specialized programs like an ADU loan, we offer solutions for every situation. Our extensive experience means we can often find options others might miss. We take time to understand your unique needs and match you with the right program.
• Easy process: Apply, upload documents, and track your loan status through our secure digital platform. You’ll have 24/7 access to your loan information and real-time updates. This tech-forward approach saves you time while keeping you fully informed.
• Creative solutions: Sometimes, the traditional path doesn’t fit your needs. Whether you need to refinance your mortgage or explore investment options, we look beyond standard programs to find the right solution. Every borrower’s situation is unique, and we’re committed to making your goals happen.

Lock in a Competitive Mortgage Rate in San Diego County

San Diego’s housing market offers incredible opportunities, from beachfront properties to suburban communities. Each neighborhood brings its own charm and potential.

Ready to explore your options? Contact Griffin Funding to secure competitive San Diego County mortgage rates and join the vibrant San Diego community. Our experienced team is here to help you navigate the market and find the perfect financing solution for your unique situation. Reach out today to get started!