Top 5 VA Lenders in California 2019

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If you’re an active or retired member of the United States Armed Forces looking to purchase a home in California, there are some amazing mortgage solutions available to you. California is home to around 39 million people, and with today’s mortgage rates as low as they are, the housing market is ready for serious home buyers. Home values have increased by roughly 4.7 percent between December of 2017 through 2018 and are forecasted to rise another 7.3% through 2019.

The rising home values make it essential for home buyers on the market for a mortgage loan to do everything they can to keep their housing costs as low as possible. Getting a great mortgage would probably be the best place to start. And, since VA loans offer amazing benefits that include low interest rates, zero down payment requirements, no prepayment penalties, and no required mortgage insurance, they’re often some of the most desirable loans for current or ex-military home buyers like you.

In this article, we’ll review the best VA approved lenders in California and how they can help you on your quest to home ownership.

#1 California VA Lender: New American Funding

The good folks over at New American Funding know how to give people a great mortgage experience. For active military or veteran home buyers, their commitment to providing affordable VA financing is nearly unrivaled.

The proof is in the reviews from past clients who consistently comment on the extraordinary diligence and overall sincerity of the New American Funding team. Home buyers who choose to finance their home purchase with NAF are in the hands of a knowledgeable and hard-working group.

The New American Funding team leaves no questions unanswered and is almost never out of reach. They are also quite adept at reducing the closing costs of mortgages down to the bare minimum, in an effort to provide home loans of the highest up-front affordability.

#2 California VA Lender: Guild Mortgage Company

No matter the industry, 50 years of experience is quite impressive. For Guild Mortgage Company, 50 years of experience has shaped them into a formidable source for home financing, including the origination of VA home loans.

Guild Mortgage now has over 250 branch locations across the nation, and remain committed to their goal of providing affordable home financing and unparalleled service. They even take things a step further by partnering with such well-known charities like Blue Star Mothers, K.I.D.S. and Youth oasis, and even the San Diego Food Bank.

The home buying experience with Guild Mortgage Company is a seamless and stress-free process, orchestrated by some of the most experienced and knowledgeable loan officers in the industry.

#3 California VA Lender: Bay Equity Home Loans

Bay Equity Home Loans was founded back in 2007 as a full-service mortgage lender, with an extra emphasis on service. With locations across 32 states, the company is still growing to this day, thanks to their fierce dedication to their trade.

For a family owned and operated company, their popularity among the home buyers in the states that they are located is immense. They are deeply passionate about providing affordable mortgage solutions, with an exceptional focus on FHA loans and VA financing. As a matter of fact, a portion of their proceeds from every FHA or VA loan that they service is donated to the Warrior Foundation-Freedom Station.

The high-quality customer service and drive to secure low rates and comfortable loan terms will no doubt put Bay Equity Home Loans at the very top of the mortgage lender food chain some day. For now, home buyers would be wise to check them out and see why they consistently rake in such killer reviews!

#4 California VA Lender: RPM Mortgage

RPM Mortgage is one of the most well-reviewed mortgage lenders in the state of California, and for good reason. The company prides itself on being able to navigate even the most complex of mortgage transactions with ease, and their clients are more than willing to attest to that fact.

The RPM mortgage team makes the entire home loan process as transparent as possible, allowing home buyers to be confident in their decisions. The more complex the situation, the harder they are willing to work towards finding the right home loan for their client. Don’t just take our word for it either, its all documented in what they call their “client wins”.

As far as California VA financing goes, originating these loans for such an experienced team is more like a walk in the park. Their mortgage experts provide round the clock service, and will not hesitate to provide any advice or information as requested from a borrower.

#5 California VA Lender: Loan Depot

As large as Loan Depot has become since it’s inception, there is no surprise that it would make a list such as this one. Truly a powerhouse when it comes to home finance, Loan Depot is no stranger to VA mortgages and the borrowers who need them.

The loan officers under the employ at Loan Depot are highly knowledgeable and well-trained individuals. Their expertise is shown clearly in the speed and ease of the mortgage transactions they take part in, And their uncompromised goal of providing down to the decimal quotes that hold true through closing, leaving the borrower with no surprises.

Customer service is a big deal for the Loan Depot team, and they typically do not disappoint. Past clients have been stunned by the lower than expected rates and fees, combined with speedy closings.


Shop Around Before You Get a California VA Loan

Our picks for the best VA lenders in California may not necessarily represent the best lender for your financial situation, goals, and desires. Everyone’s story is unique, and sometimes the best mortgage terms can be found in the most obscure places. Regardless of experience or lack thereof, the best plan of action is to shop around with multiple lenders to find out which one can provide the ideal mortgage solution that comes with the terms and affordability that best suits any particular financial situation.

While looking at reviews can be a huge help, getting a one on one consultation could mean saving thousands. If you’d like some help in locating the best VA lender in your area, don't hesitate to contact a home.loans mortgage expert!