Newport Beach Mortgage
Newport Beach Reverse Mortgage
Newport Beach Refinance

HomeLoansOrangeCountyWholesale.com

First Equitable Financial offers wholesale rates for a mortgage and refinance loans throughout Orange County California and Newport Beach. Our Brokers will pre-qualify you using all three major credit bureaus to buy Newport Beach real estate. Mortgage interest rates are the best ever and you can qualify for Newport Beach home loans.

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Call us for an appointment (949)481-9026

About Newport Beach

At the turn of the century, what is now known as Newport Pier was called McFadden’s Warf, and was used for the shipping industry. A lot has changed since then. The city of Newport Beach has been around for a century, and it is interesting to note that property values have increased 100 fold since its induction. Newport Beach is a strong tourist attraction in Orange County. Visitors and residents enjoy such activities as the Newport Annual Film Festival (which is held every April), the Newport to Ensenada Yacht Race, or an annual sailboat race that’s been around since the 50’s called The Flight of the Lasers. Whether it’s shopping at Fashion Island, fishing, surfing, or just soaking up the sun along the city’s 6 miles of beach, there is always something to do in Newport.

Newport Beach Fixed Rate Mortgages

This is the most common type of mortgage program. Your monthly payments for interest and principal never change. Property taxes and homeowners insurance may increase, but generally your monthly payments will be very stable.

Newport Beach Adjustable Rate Mortgages

These loans generally begin with an interest rate that is 2-3 percent below a comparable fixed rate mortgage, and could allow you to buy a more expensive home. However, the interest rate changes at specified intervals (for example, every year) depending on changing market conditions; if interest rates go up, your monthly mortgage payment will go up, too. However, if rates go down, your mortgage payment will drop also.

Newport Beach Reverse Mortgage

A reverse mortgage is a special type of loan made to older homeowners to enable them to convert the equity in their home to cash to finance living expenses, home improvements, in-home health care, or other needs. With a reverse mortgage, the payment stream is "reversed." That is, payments are made by the lender to the borrower, rather than monthly repayments by the borrower to the lender, as occurs with a regular home purchase mortgage.

Newport Beach FHA and VA Mortgage Loans

There are many factors to consider when applying for a government loan. We will be by your side every step of the way. Below is some helpful information to help get you started.