3635 Newton St. Ste E Torrance, CA 90505


Do You Need a Mortgage Lender in Hermosa Beach, CA? Midgate Mortgage Are the Professionals

Hermosa Beach, CA. Arguably one of the most beautiful cities in all of California. Literally meaning beautiful beach, it has the perfect combination of relaxing beaches, delicious food spots, safe neighborhoods, and excellent educational systems. It is one of the most sought-after places to live in all of the South Bay.

It can, however, be considerably expensive. A common option for individuals that wish to own property in Hermosa Beach is to consider working with a mortgage lender. Their expertise can help guide you into the home you want by offering an assortment of mortgage loans.

Here at Midgate Mortgage, we understand your desire to live in Hermosa Beach as it is a neighboring city to our headquarters. We have the professional expertise to work with you so your ultimate housing desire is met. Give us a call today at 310-791-0854 to speak with one of our experts. We have many options that could help you purchase property in Hermosa Beach. You can also visit our Contact Page to fill out a quick form.

Continue reading to learn more about the ways we can help.

Jumbo Loans

Jumbo loans are a type of “non-conforming” loan that exceeds the set limit of a conventional loan. Loans that are conforming are typically maxed at $510,400 and can not be crossed. Fannie Mae and Freddie Mac are the mortgage giants that set that limit.

Any loan that is more than that set price is non-conforming. In some instances, the minimum financing barrier in high-priced areas is $765,000. At Midgate Mortgage, the Jumbo Loan packages we offer have been expanded. We have investors ready to fund these Jumbo Loans, as well as a Secondary Market department that is developing jumbo choices for several areas and homebuyer requirements.

Other Loans That Can Put You in the Home of Your Dreams

Depending on the asking price of the home you desire, there are many types of mortgage loans that can help you acquire your Hermosa Beach home. Your mortgage lender might suggest one of these loans:

  • Conventional Loan
  • Refinance Loan
  • Federal Housing Administration (FHA) Loan
  • High Balance Mortgage Loans
  • FannieMae Home Ready Loan
  • Renovation Loans
  • Reverse Mortgage Loan

Our mortgage lender experts specialize in numerous loans and will be able to guide you throughout the whole process.

Contact Midgate Mortgage Today

We have the local expertise and knowledge to know how to get you into your Hermosa Beach dream home. Give us a call today at 310-791-0854 to get the process started. See your dreams fulfilled.