First-time homebuyers looking to purchase homes in geographically ideal locations for lenders qualify for a very specific portfolio loan program.
Check out this loan funding Friday:
- 5.99% 30-year fixed rate, rate locked 11/7/25
- 5% down payment (3% minimum)
- No PMI (Private Mortgage Insurance)
- No points
- No lender fees for processing and underwriting ($1,250 savings)
- Conforming loan limit max $806,500
Example: Borrower Jesse found a home in Long Beach, CA, $846k purchase price, 5% down payment or $42,000, 740 credit score, single family home, 5.99% 30-year fixed rate, 6.039% APR, no points, NO PMI, no lender fees, two months reserves. A mortgage broker originally prequalified him for max $670,000 loan amount. With this program and rate, he qualified for $805,000.
Call Dan at 714-310-4162 to compare the options and find the best terms for YOU.
Recent review on Google:
“I wanted to thank Dan Stone again for hooking me up with the lender that was great to work with for the equity line. Dan’s service is great and really appreciate His help. I definitely plan to circle back with him.” -Jay N.
“I wanted to thank Dan Stone again for hooking me up with the lender that was great to work with for the equity line. Dan’s service is great and really appreciate His help. I definitely plan to circle back with him.” -Jay N.