Los Angeles Mortgage Broker
Buying your first condo, a house priced past the conforming limit, or another rental? One bank gives you one set of rules. We compare your loan across more than 100 wholesale lenders and show you who fits before you apply. Asking costs nothing.
- ✓ NMLS #1277693
- ✓ Licensed in California
- ✓ Direct broker access
What a Los Angeles Mortgage Broker Does for You
You have found a place you want, and now you need a loan that fits both you and the property. In this city that could be a first condo, a Westside house priced above the conforming limit, or a small rental building. Each of those belongs with a different kind of lender. A mortgage broker in Los Angeles works out which kind you need, then compares the lenders that handle it well. You fill out one application, and we do the comparing.
Why a no from your bank is not the end
If your bank turned you down, you were measured against one rulebook. Every lender writes its own rules about income, cash in the bank, condo buildings and the condition of the house. The same buyer can be a decline at one lender and a routine yes at another. We start by finding out exactly why you heard no. Then we take your loan to the lenders whose rules already fit it.
Match the loan to the property first
Your starting point is usually one of four. A first time buyer tends to compare an FHA loan with a conventional one. A buyer above the conforming limit, which is the cap on standard loan sizes, needs a jumbo loan. A buyer who works for themselves often does better on a bank statement loan. An investor buying a rental can often qualify on the rent alone. Knowing which one you are narrows more than 100 lenders down to the few worth asking.
What happens when you call
You talk with us for about 15 minutes. Nothing touches your credit until you decide to apply. We ask what you are buying, roughly what it costs and how your income arrives, then tell you which lenders to aim at. Get a quote online or call (818) 478-2555, Monday through Friday, 9 to 6 Pacific.
Los Angeles loans arrive with income and property profiles that rarely fit inside one bank's guidelines. Entertainment income, LLC vesting, non warrantable condominiums, and hillside canyon appraisals each require lender channels that specialize in that specific scenario. A brokerage relationship is designed to review the loan across multiple wholesale lenders and multiple programs rather than force it into a single retail bank channel.
Your First Home or First Condo
You are buying your first place, and the down payment is the hardest part. An FHA loan carries federal insurance, which lets lenders accept a smaller down payment and a lower credit score than many conventional loans allow. With strong credit, a conventional loan can come out cheaper once mortgage insurance is counted. We price both against your numbers and show you the two monthly payments next to each other. See our FHA loan overview and conventional loan overview.
A Condo Building Your Bank Will Not Touch
You picked the unit, and the lender turned down the building instead of you. Before lending on a condo, a lender checks the whole building: how many units are rented out, whether the association is in a lawsuit, and how much it keeps in savings. A building that fails those checks gets labeled non warrantable, and most banks stop right there. A smaller group of lenders will still finance it, and we know who they are. Tell us the building early so we can check it before you pay for an appraisal.
Homes Priced Into Jumbo Territory
Your price pushes the loan past the conforming limit, which the Federal Housing Finance Agency resets for Los Angeles County every year. Across most of the Westside, that is where purchases land. Past the limit, each lender sets its own down payment, cash reserve and appraisal rules, and they disagree more than most buyers expect. That spread is the reason to compare before you pick one. See our jumbo loan overview.
Paid on 1099s or Through Your Own Company
You work on contract or run your own company, and your tax return shows less than you actually bring in. That happens constantly with film, TV and music work paid through 1099s, K-1s or company distributions. A bank statement loan sets the tax return aside and qualifies you on 12 to 24 months of deposits. Lenders count those deposits in different ways, so we test several formulas before choosing one. See our bank statement loan overview.
Rentals That Qualify on Their Own Rent
You already own rentals, or you want your first one, and your personal income is not the easy part of the story. A DSCR loan, short for debt service coverage ratio, qualifies the property by comparing its rent with its monthly payment. It works on a single family rental and on buildings up to four units. Some lenders also count short term rental income, and we know which ones do. See our DSCR loan overview.
Fixers, Inherited Houses and Bridge Loans
You inherited a house, you are buying one that needs real work, or you need to buy before your current home sells. A hard money loan, often called a bridge loan, lends mainly against the property and its equity rather than your paycheck. Older houses that need foundation, electrical or permit work often land here, because a regular lender wants the work finished first. These loans are short term by design, paid off later by a sale or a regular mortgage. See our hard money loan overview.
Los Angeles Mortgage Options at a Glance
When a Mortgage Broker Makes Sense for You
Contact Advanced Funding Solutions to discuss whether this program may be a fit for your scenario. Eligibility, loan amounts, and terms are set by the funding lender after a complete application and underwriting review.
Get a Quote →- You are buying your first home or condo and want to compare FHA with conventional
- The condo you love sits in a building your bank will not lend in
- Your purchase price puts the loan above the conforming limit
- You are self employed or paid on 1099s, and your tax return undersells your income
- You are buying or refinancing a rental and want it to qualify on its rent
- You inherited a house, found a fixer, or need to buy before your current home sells
How to Get a Mortgage in Los Angeles
Start With a Short Call
You do not need any paperwork for the first call. Tell us the kind of property, the rough price, whether you will live there or rent it out, and how you get paid. From those answers we can see whether you are looking at an FHA or conventional loan, a jumbo loan, or a loan built for self employed buyers or investors. Nothing touches your credit at this stage.
We Compare the Lenders That Fit
Next we line your loan up against the lenders whose current rules match it. A first time buyer with steady pay usually has plenty of choices, so the work is finding the best price. A self employed buyer purchasing in a building that fails the standard condo checks has far fewer, so the work is finding one that will say yes. Either way, you see the comparison before you apply anywhere.
You Apply Once
When you pick a direction, you fill out one application and it goes to the lender that fits best. That lender pulls your credit, orders the appraisal and reviews your documents. We stay in the middle. We collect what the lender asks for and explain the appraisal and any conditions in plain words. If something changes the plan, you hear it from us first.
Closing and After
The lender underwrites your loan, which means it checks your income, credit and property against its own rules. It then funds the loan at closing. We keep escrow, the neutral company holding the money, and title moving until you sign. Afterward the lender or its servicer collects your payments, and we tell you who that is ahead of time. Because we are the broker and not the lender, we are free to place your loan wherever it fits best.
Mortgage Broker in Los Angeles: Common Questions Answered
Should I use a mortgage broker or a bank in Los Angeles?
Does a mortgage broker get better rates?
How is a mortgage broker paid?
Do I need a jumbo loan to buy in Los Angeles?
Can I get a loan on a condo my bank turned down?
What if my savings are large but my income looks small?
About Mortgage Broker in Los Angeles, CA
Los Angeles is really several mortgage markets sitting side by side, and the loan you need depends on which one you are buying in. Across most of the Westside, prices push loans above the conforming limit, so jumbo lenders do most of the work. Elsewhere in the city, many buyers are comparing FHA and conventional loans on condos and smaller homes. And all over town, investors are buying small rental buildings that qualify on their rent through a DSCR loan.
Condos come up constantly here, from high rise towers along the Wilshire Corridor to small buildings on quiet side streets. If you are shopping for one, send us the building before you make an offer. Whether a lender will approve the building can matter as much as whether it approves you, and finding out early saves you an appraisal fee.
A lot of income in this city arrives in pieces: contract work in film and television, residuals, 1099s and payments through your own company. A retail bank often reads that as unsteady. Lenders that specialize in self employed buyers read your deposits instead, which is why bank statement loans are one of the most common requests we get. Buyers holding property in a living trust or an LLC are routine for us too.
Older houses that need foundation or permit work, and inherited homes moving through probate or a family trust, often need a short term hard money loan first. We arrange those, then help you plan the regular mortgage that pays it off.
If your savings are larger than your income, an asset depletion loan may be the better fit, and if your price is above the limit, start with our jumbo loan overview.
Buying somewhere else in the county? The Los Angeles County mortgage broker page covers the wider area.
For anywhere in the city, get a quote or call (818) 478-2555 and tell us what you are looking at.
Mortgage Broker programs in California → · Los Angeles County Mortgage Broker Overview → · Advanced Funding Solutions, NMLS #1277693 →
Other Loan Programs in Los Angeles
Los Angeles borrowers working with Advanced Funding Solutions have access to the full non-QM suite, not just mortgage broker. Whether you need jumbo loans in Los Angeles , hard money loans in Los Angeles, AFS routes your scenario across 100+ wholesale lenders to the one best positioned to fund it.
Mortgage Broker in Other California Cities
Find out which lenders fit your purchase
Call (818) 478-2555 or send the form. Tell us the property, the price range and how you get paid, and we will tell you which lenders fit before you fill out an application. The first call takes about 15 minutes and costs nothing. Advanced Funding Solutions, NMLS #1277693, is a licensed mortgage brokerage in California. All loans are subject to credit, income, asset, property, and underwriting approval.
Ready for a Los Angeles Mortgage Broker quote?
Advanced Funding Solutions, NMLS #1277693. Licensed in California. No call center. No junior LO handoff.