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    Hard Money Lender 310-478-5005 | Mortgage Broker Los Angeles CA

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    (310) 478-5005

    California First Time Homebuyer

    Los Angeles First Time Homebuyer

    First-time homebuyers in California face steep challenge ahead. You might already struggle to find a home within your budget. Housing costs in the City of Angels far outpace local average incomes.

    Building your credit history takes time, and saving for a down payment remains difficult. High premiums and strict income-to-debt ratios confuse many buyers. You might wonder how to qualify for a suitable home loan.

    How We Help You Buy Your First California Home

    We understand your frustration completely. Many newcomers in L.A. face these exact financial hurdles. Fortunately, our expert team helps buyers settle into sunny California every day.

    We simplify the home buying process for you. Our team answers your key questions and provides valuable insider tips.

    Special California homebuyer programs lower your origination fees and interest rates. Additionally, we check your eligibility for government-backed FHA loans. FHA programs allow down payments as low as 3.5%, even with average credit scores. We also evaluate your options for VA home loans.

    Our network connects you with lenders offering competitive mortgage rates. Furthermore, our lending partners provide exclusive client discounts not advertised publicly. Contact us today to start your home buying journey!

    See what our clients say about us

    Thanks PacShores for coming through for me in the nick of time. After our Parents passed away and left the small apartment units that I was living in to me and my two siblings, they needed to get out their portion of the inheritance and were determined to force me to sell the units. I needed to keep the property for my family and avoid selling in such a down Market. My Income was low and the Banks refused to accepts the Rental Income from the other Tenants and to approve my loan. It wasn’t a problem when I contacted PacShores, they funded my loan in no time, paid off my siblings, hassle free, and I am very glad I found them.

    Tony – Orange, California

     

    I took over some Apartments that my Dad owned and had been renting out over the years. Some of the tenants had been there for 10 years and more, the Properties have gotten in disrepair, and the County had also filed substandard violation Liens on the Properties. All the Lenders that I had applied to for a Cash-Out Loan, turn down my application due to the condition of the Properties. With the help of the Loan Officers at PacShores, we were able to customize a loan for me that set aside funds to complete the needed repairs, and clear up all the Substandard Notices and Liens on the Properties, and the extra cash that I needed.

    Tracy – Los Angeles, California

     

    Hi, I am Real Estate Broker, and Short Sale specialist, and I had very well qualified Buyer with almost 50% cash down payment, under contract on a highly discounted Investment Property purchase. After 3 weeks of getting the runaround with their Bank including my regular Lenders that I normally use, I was convinced they would lose out on this great deal. Luckily an associate referred me to PacShores Mortgage, and within 24 hours they drove buy the property, and had Closing Documents in Escrow by the third day and funded the loan right after. They saved this deal for us. I couldn�t thank them enough and would use and recommend them to all my associates in the future.

    Javier – West Covina

     

    MORE REVIEWS

    Did we do a good job for you? Please write us a review. Click Here Or go to Yelp, Google or Facebook

    Ready to Move into the Home of Your Dreams? Give Pacshores a Call Today

    It may not feel like it right now, but your California dream home is waiting. Once you are acquainted with some of the local and federal programs which can help you out as a first time homebuyer in L.A., you may be surprised at what you can afford.

    Give Pacshores a call today.

    and we will help you move into your first home in California!

    310-478-5005

    Los Angeles First Time Homebuyer If you are a first time homebuyer in California county, you are quickly going to discover you have some challenges ahead of you. In fact, perhaps you have already started the process of shopping for your California dream home, only to find that you are having a tough time locating a home you can afford. In a city where housing costs far outpace incomes, this is a common predicament. The median value of a home in L.A. is reported to be $626,800 as of 2017, and is continuing to rise. The average income in California is around $40,000 per year short of what is needed to afford such a home. If this is your first home, chances are good that you yourself are still working on climbing your way up the income ladder, so your income-to-debt ratio may be less than stellar. You may have a short credit history or a low credit score. You might not be able to afford a large down payment, and you might wonder how you will ever pay your premiums—and that is assuming you can get a lender to accept you.

    How We Can Help You Move into Your First Home in California

    We know how frustrating this situation can be. It leaves many first time home-buyers in California, wonder if they will ever be able to afford to live in the City of Angels. But remember, you are not the only person to find yourself in this situation. A lot of newcomers to L.A. struggle to buy their first home. We have helped many of these homebuyers to settle down in our beautiful, sunny city—and we can help you too.
    • We can acquaint you with the home buying process, answering all your questions and providing you with first time homebuyer California tips and inside information.
    • There are first time homebuyer programs in California which can help you move into your dream home. These programs keep origination fees and interest rates low.
    • We can check whether you qualify for an FHA loan in California. This is a federal government-backed loan program which helps to further reduce your premiums and required down payment. Even if you do not have an excellent credit rating, you might be eligible for a down payment as low as 3.5%. If applicable, we can also help you check into VA home loans in California.
    • We are connected to a network of lenders offering competitive rates and terms on first time home buyer loans in California. Our lenders even offer exclusive discounts to our customers which are not publicly advertised.

    See what our clients say about us

    Thanks PacShores for coming through for me in the nick of time. After our Parents passed away and left the small apartment units that I was living in to me and my two siblings, they needed to get out their portion of the inheritance and were determined to force me to sell the units. I needed to keep the property for my family and avoid selling in such a down Market. My Income was low and the Banks refused to accepts the Rental Income from the other Tenants and to approve my loan. It wasn’t a problem when I contacted PacShores, they funded my loan in no time, paid off my siblings, hassle free, and I am very glad I found them.

    Tony – Orange, California

     

    I took over some Apartments that my Dad owned and had been renting out over the years. Some of the tenants had been there for 10 years and more, the Properties have gotten in disrepair, and the County had also filed substandard violation Liens on the Properties. All the Lenders that I had applied to for a Cash-Out Loan, turn down my application due to the condition of the Properties. With the help of the Loan Officers at PacShores, we were able to customize a loan for me that set aside funds to complete the needed repairs, and clear up all the Substandard Notices and Liens on the Properties, and the extra cash that I needed.

    Tracy – Los Angeles, California

     

    Hi, I am Real Estate Broker, and Short Sale specialist, and I had very well qualified Buyer with almost 50% cash down payment, under contract on a highly discounted Investment Property purchase. After 3 weeks of getting the runaround with their Bank including my regular Lenders that I normally use, I was convinced they would lose out on this great deal. Luckily an associate referred me to PacShores Mortgage, and within 24 hours they drove buy the property, and had Closing Documents in Escrow by the third day and funded the loan right after. They saved this deal for us. I couldn�t thank them enough and would use and recommend them to all my associates in the future.

    Javier – West Covina

     

    MORE REVIEWS

    Did we do a good job for you? Please write us a review. Click Here Or go to Yelp, Google or Facebook

    Ready to Move into the Home of Your Dreams? Give Pacshores a Call Today

    It may not feel like it right now, but your California dream home is waiting. Once you are acquainted with some of the local and federal programs which can help you out as a first time homebuyer in L.A., you may be surprised at what you can afford.

    Give Pacshores a call today.

    and we will help you move into your first home in California! 310-478-5005