Los Angeles, CA has been fueling creative minds, energies and passions for hundreds of years. The area now known as Los Angeles, CA was originally settled on September 4, 1781 and since that time the population has grown to an astronomical proportion of over 3,800,000 people. Although the city is filled with millions of people trying to make it big (or already have) in the entertainment industry, the city is also brimming with regular folks dedicated to their 9-5 careers. No matter how you earn your keep in the City of Angels, if you are interested in becoming a homeowner in town, it is more than likely that the purchase will need to be financed with a mortgage and Mortgage Marvel can make finding the best Los Angeles mortgage easier than a celebrity sighting at the Ivy restaurant.
Prior to Los Angeles, CA evolving into its' current state, the region was originally populated with the Tongva and Chumash Native American tribes. Europeans arrived to the Golden State circa 1542 and the first official settlement of the area happened 227 years later. If you are a potential home buyer who is thinking of making your own hamlet in town, the time to buy a home is now. A combination of historically low mortgage rates and surplus of local inventory consisting of real estate owned properties, short sales and traditional home sales by private sellers are feeding the trend. Historically, the Los Angeles, CA real estate market has been one of the most difficult to navigate as the costs associated with a purchase of a single family detached, townhouse or condo are some of the highest in the nation, but current market trends have tilted in the favor of the buyer and Mortgage Marvel is here to help provide the mortgage rates needed to pursue the American Dream of homeownership in the heart of Southern California.
Consumers interested in becoming homeowners in Los Angeles, CA need to know that the average median home price for a single family detached was reported as $760,654 in 2008. While not unusual for the area, chances are a jumbo mortgage will be needed to finance the purchase and Mortgage Marvel is here to make comparison-shopping for the best option easy as pie.
| Loan Purpose: | Purchase | Discount Points: | 0.00% |
| Purchase Price: | $250,000.00 | Property Type: | Single Family |
| Loan Amount: | $187,500.00 | Property Use: | Primary Residence |
| Credit Score: | 740 | Lender Location: | No Preference |
| Payment Type: | Principal and Interest | First Time Buyer: | No |
Los Angeles 30 Year Fixed Rates
Los Angeles 30 Year Fixed Refinance Rates
Los Angeles 30 Year Fixed Jumbo Mortgage Rates
Los Angeles 30 Year Fixed Jumbo Refinance Rates
Los Angeles 15 Year Fixed Rates
Los Angeles 15 Year Fixed Refinance Rates
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
|
OneUnited Bank 30 Year Fixed Rate 30 day lock |
3.625% | 3.726% | 0.000% | $5,463 | $855 | 360 |
4143 Crenshaw Blvd. Los Angeles, CA 90008 877-663-8648 |
|
|||||||
| With OneUnited Bank, you can obtain great rates, while supporting urban communities. Our mission is to be the premier banking institution for urban communities across America by: Offering affordable financial services for all Treating all customers with respect, dignity and personal attention to their banking needs regardless of their account balances Employing and training high quality employees who are committed to our mission Maintaining superior financial performance. This clarity of vision and mission is reflected in everything we do. As the first Black internet bank and first interstate Black bank (...) |
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
|
Hanscom Federal Credit Union 30 Year Fixed Rate 30 day lock |
4.000% | 4.019% | 0.000% | $4,381 | $895 | 360 |
1610 Eglin Street Hanscom AFB, MA 01731 1-800-656-4328 ext. 2043 |
|
|||||||
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
|
Hanscom Federal Credit Union No Closing Cost - 30 Year Fixed Rate 30 day lock |
4.500% | 4.515% | 0.000% | $3,875 | $950 | 360 |
1610 Eglin Street Hanscom AFB, MA 01731 1-800-656-4328 ext. 2043 |
|
|||||||
| About Us As a member-owned, not-for-profit financial cooperative, Hanscom Federal Credit Union will uphold its fundamental responsibility to actively serve our field of membership, and as appropriate, the communities we serve. We will offer a range of competitively priced products and services to meet the diverse economic and social needs of our members and potential members. We will monitor and communicate our services in a meaningful way so that members, potential members, legislators, regulators, and the community at large will understand and appreciate the unique role that we, as a member-owned financial cooper (...) |
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
|
BBVA Compass Portfolio Bi-Weekly 30 Year Fixed Rate 30 day lock |
4.125% | 4.277% | 0.000% | $6,461 | $909 | 360 |
10909 Atlantic Avenue Lynwood, CA 90262 1-888-8-LENDING (888-853-6346) |
|
|||||||
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
|
BBVA Compass Portfolio 30 Year Fixed Rate 30 day lock |
4.750% | 4.908% | 0.000% | $6,461 | $978 | 360 |
10909 Atlantic Avenue Lynwood, CA 90262 1-888-8-LENDING (888-853-6346) |
|
|||||||
| ABOUT BBVA COMPASS BBVA Compass is a Sunbelt-based financial institution that operates more than 716 branches including 380 in Texas, 92 in Alabama, 66 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 20 in New Mexico. BBVA Compass is the 15th largest U.S. commercial bank based on deposit market share and ranks among the largest banks in Alabama (3rd), Texas (4th), and Arizona (5th). For the second consecutive year, BBVA Compass was named as a “Lender of the Year” by the Small Business Administration (SBA). Additional information concerning BBVA Compass can be found on our website www.bbvacompass.com. (...) |
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
|
Xceed Financial Credit Union 30 Year Fixed Rate 30 day lock |
4.250% | 4.353% | 0.000% | $5,487 | $922 | 360 |
2200 E Grand Ave El Segundo, CA 90245 800-993-9328 ext. 74355 |
|
|||||||
| About Xerox Federal Credit Union Our Credit Union was originally chartered under California law in April 1964 as the Scientific Data Systems Credit Union in El Segundo, California, serving S.D.S. employees. In 1970, after S.D.S. was acquired by Xerox Corporation, we were granted a federal charter and changed our name to Xerox Federal Credit Union. In 1975, the National Credit Union Administration approved our charter expansion allowing us to serve members throughout the United States. This national charter request was fully supported by Xerox Corporation. Xerox Federal Credit Union is now a full-service financial ins (...) |
The interest rates, annual percentage rates (APRs), discount points and costs shown are valid as of 5/22/2012 10:05:09 PM Central Time and are subject to change without notice. Your APR will vary based on your final loan amount and finance charges.
The rates, closing fees and payments displayed above assume a down payment of $62,500.00. Monthly payment amounts do not include taxes and insurance. If an escrow account for taxes or insurance is required or requested, the actual monthly payment amount will be greater.