Question 1

What is the conforming loan limit in San Diego County?

Accepted Answer

Because San Diego is a high-cost market, the 2024 conforming loan limit for a single-family home is $1,006,250. That means you can borrow over a million dollars while still securing standard conventional interest rates without jumping to a Jumbo product.

Question 2

Can self-employed borrowers get approved easily in California?

Accepted Answer

Yes. In addition to traditional loans we offer Non-QM bank statement loans that allow self-employed borrowers and business owners to qualify based on 12-24 months of business or personal bank deposits — not the net income shown on tax returns.

Question 3

Do you handle VA loans for active-duty military and veterans?

Accepted Answer

Absolutely. With Naval Base San Diego, MCAS Miramar, MCRD, and Coronado nearby, VA loans are one of our specialties. We offer 100% financing with no PMI and have deep experience with VA appraisals, MPRs, and assumption requests common in the local market.

Question 4

Do you offer CalHFA down payment assistance programs?

Accepted Answer

Yes. We're an approved CalHFA lender and offer programs like MyHome Assistance and the Dream For All Shared Appreciation loan when funds are available. These pair with FHA, VA, USDA, or Conventional first mortgages to dramatically reduce out-of-pocket cash to close.

Question 5

How do Jumbo loans work for La Jolla, Del Mar, and Coronado?

Accepted Answer

For loans above $1,006,250 we offer competitive Jumbo programs with as little as 10% down, interest-only options, and asset-depletion qualifying. We frequently close Jumbo and Super-Jumbo loans for coastal La Jolla, Del Mar, Coronado, Rancho Santa Fe, and downtown high-rise condos.

Question 6

How do California property taxes and Mello-Roos affect my payment?

Accepted Answer

California base property taxes are roughly 1.1-1.25% of purchase price, but newer communities (Otay Ranch, Pacific Highlands Ranch, 4S Ranch) often carry Mello-Roos special assessments that meaningfully raise your monthly escrow. We pull the actual tax bill and bond schedule for the address before issuing your pre-approval so the payment you see is the payment you'll have.

Question 7

What credit score do I need to buy a home in San Diego?

Accepted Answer

Minimums vary by program: 580 for FHA with 3.5% down, 620+ for Conventional, and 580-620 for VA depending on overlay. With San Diego's higher price points, a stronger score (740+) also unlocks better Jumbo pricing on La Jolla, Del Mar, and Coronado purchases. If you're below threshold, we can build a 30-60 day credit improvement plan.

Question 8

How fast can you close a purchase loan in San Diego County?

Accepted Answer

Most of our San Diego purchases clear-to-close in 18-24 days. Local processing and direct underwriting beat national call-center lenders, which is a real advantage in competitive North County coastal and downtown high-rise contracts where listing agents push 21-day close timelines.

Question 9

How do I lock in today's San Diego mortgage rate?

Accepted Answer

Once you have an accepted offer (or are within 60 days of closing on a refinance), we can lock your rate the same day. We offer 30, 45, 60, and 90-day locks plus float-down options for new construction in Otay Ranch and Pacific Highlands Ranch where build timelines slip.

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