California Mortgage Lenders and Rates (CA)

Finding a mortgage loan in California tougher than you thought? Tired of Web Pages that don’t help you find what you are looking for? That is why is here. Whether you are looking for lenders, Mortgage Rates, or Mortgage Brokers – we’ve got it. Plus when you fill out a custom mortgage quote form from, you will get offers from 2-4 different lenders competing for your business. That means you will get the best rate based on your current situation.

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Featured Mortgage Lenders in California

California Mortgage Quick Facts

California State Population: 35,893,799 *
Median California Home Price: $211,500*
California Home Ownership Rate: 56.9%*

Types of Mortgage Loans Available in California:

There are several varieties of Adjustable Rate Mortgage Loans (ARM) available to California borrowers:

Other loan types available:

How Your Credit Score Affects Your Mortgage Rate

To start, you need to know what your current credit score is. You should compare that against the average California consumer credit score which is 674. And the national average credit score is 677. Your credit score will impact what your home mortgage rate will be. Historically, home mortgage rates have ranged from 5% to over 13%. Lenders create their home mortgage rates by using the Federal Discount Interest Rate (FDIR) and then increase it by using a secret formula to create their own home mortgage rate. When you apply for a home mortgage, your home mortgage rate will be determined by a whole host of factors, but your credit score is a very important factor.

California Mortgage State Laws

California Residential Mortgage Lending Act (CRMLA)

CRMLA went into effect in 1995 and describes California specific mortgage laws. California still must comply with federal laws and regulations, including the Federal Truth in Lending Act.

A licensed CRMLA lender may provide brokerage services and lending services. This situation allows brokers to give their customers fairer loans.

California Civil Code Provision of Real Estate Act

It functions as a regulator for interest rates. In large mortgages, a fixed rate mortgage is given.

It charges a real estate broker if he/she intentionally stalls the closing to collect more fees.

CRMLA lenders are exempt from the above two items.

California Foreclosure

The lender can begin foreclosure if no payment is received for anywhere from fifteen days to twelve months.

The lender files a Notice of Trustee sale after ninety days.

California Mortgage Fraud Office
White Collar Crime Supervisor
11000 Wilshire Blvd., Suite 1700, FOB
Los Angeles, CA 90024-3672
Phone: (310) 477-6565

California Counties:

Alameda County, Alpine County, Amador County, Butte County, Calaveras County, Colusa County, Contra Costa County, Del Norte County, El Dorado County, Fresno County, Glenn County, Humboldt County, Imperial County, Inyo County, Kern County, Kings County, Lake County, Lassen County, Los Angeles County, Madera County, Marin County, Mariposa County, Mendocino County, Merced County, Modoc County, Mono County, Monterey County, Napa County, Nevada County, Orange County, Placer County, Plumas County, Riverside County, Sacramento County, San Benito County, San Bernardino County, San Diego County, San Francisco County, San Joaquin County, San Luis Obispo County, San Mateo County, Santa Barbara County, Santa Clara County, Santa Cruz County, Shasta County, Sierra County, Siskiyou County, Sonoma County, Stanislaus County, Sutter County, Tehama County, Trinity County, Tulare County, Tuolumne County, Ventura County, Yolo County, Yuba County

-US Census

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.

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