WE PROVIDE FINANCIAL SOLUTIONS INSTEAD OF LOANS YOU DON'T NEED
KNOWLEDGE, EXPERIENCE,
ADVICE YOU CAN TRUST
First Rate Lending knows what it takes to be a successful lender. Since the start of our operation, our dedication to exceed your expectations and guarantee your satisfaction has made us what we are today.

From start to finish in the loan process, we provide no less than exceptional service to our most prized possessions: our customers.

As a leader in the mortgage industry, we aim to deliver excellence in every area. Based on client feedback, we constantly strive to improve our systems and technology to improve our efficiency and success ratio.

Because market conditions are constantly in flux, we keep our fingers on the pulse of mortgage backed securities to ensure that you get the best interest rate possible.
First Rate Lending, deal with loans experts
FINANCIAL CALCULATORS
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CONSTRUCTION LOANS
Our construction loan programs can be tailored to your specific needs.
Below is some information to help get you started.


WHY A CONSTRUCTION LOAN?
Borrowers will need a construction loan if they intend to purchase a home in a new development or if they are building a custom home. Construction loans are necessary because of the longer time frame and special requirements of the building process.
ONE TIME CLOSE CONSTRUCTION LOANS
Many mortgage lenders offer borrowers One Time Close construction loans. This type of construction loan will finance the construction of a primary or secondary residence and the permanent loan when construction is finished. A One Time Close construction loan requires borrowers to sign only one set of documents and allows borrowers to lock in a rate for the permanent loan at this time. This type of home loan will allow for 12 months of construction time and during the construction period, interest is charged only on the funds that have been disbursed.
QUALIFICATIONS AND REQUIREMENTS
There a few documents and qualifications that borrowers will need to have when they begin the application process for a construction loan. Some of the qualifications mortgage lenders will require are a minimum credit score of 620 and sufficient liquid assets. The documents construction lenders will ask for include a building department permit and many require that construction be completed within 12 months.
EASY TWO STEPS                       QUICK APPLICATION FORM
 
First name *
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New loan amout * $
Loan purpose
Loan program
Property state
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Property type
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First Rate Lending - Laguna Niguel
WE PROVIDE FINANCIAL SOLUTIONS INSTEAD OF LOANS YOU DON'T NEED
23161 Lake Center Drive, Suite 201 - Lake Forest, CA 92630 - Toll Free number 866-LOAN-838
DRE License # 01445232
NMLS License # 365033