Getting a new loan in the SanFernando Valley has never been easier. Whether you are buying, refinancing, or getting cash out, Elite Financial will walk you through it with ease.  We also finance investment properties (including commercial loans), construction, and private party loans.

You can choose the time period of paying back the mortgage with interest to the lender you borrowed the money from. Several types of mortgages are available to choose from, ranging from 30-year fixed rates to 15-year fixed rates and other fixed-rate terms.

According to statistics, 63% of homeowners have mortgages on their homes in the USA. So, what makes you wait? Is it your bad credit history, not enough income, or too many debts?

At Elite Financial, you can easily get a lowered loan payments mortgage plan; in addition, you can personally tailor the loan and refinancing. For 25 years, we have gained the reputation of becoming one of the leading mortgage brokers in San Fernando Valley.

Our wide range of financial programs has assisted thousands of customers with their favorite houses. Whether you’re a first-time homebuyer or an investor looking to invest in commercial real estate, we have the best financing options for you to decide and take the first step in working toward your dream.

Hard money loans in san Fernando Valley are a great, easy option for real estate investors to get financing for their investments. Some of the main pros to remember about hard money home mortgage loan includes:

  • These loans are primarily given on the merits of the investment instead of checking out the borrower’s reliability.
  • They are different from traditional loans, and that’s why you often don’t get them from banks. Get them through private mortgage lenders.
  • You can receive these loan funds within 15 days after applying.
  • It’s really a fast financing option which also comes with a few setbacks, which include:
  • Short-term loans must be paid within a few months or years, unlike 15-20 years of a regular mortgage loan.
  • Furthermore, their interest stands around 8% to 15%, which is considered very high for a mortgage plan.
  • You need to put down a large amount of down payment based on the property’s value, around 20% to 30%, or equity of up to 80% on refinances.

Commercial loans are one of the favorite financial options for investing in their dream properties. At Elite Financial, we helped businesses with commercial loans in San Fernando Valley. Our portfolio lenders can offer commercial financing of up to $50,000,000 for various property investments. Get real estate lending.

We don’t require income documentation and offer high-value loans to our customers. Furthermore, we are open to offering commercial loans of more than $100,000. We offer the best options to commercial real estate investors. So, what are you waiting for? If you’re looking for the best mortgage lenders near me, get in touch with one of the best commercial mortgage brokers in San Fernando valley regarding commercial loans for your business.

Every person wants to be an owner of at least one house in their life. But, most of them can’t afford it because they seem out of reach. However, to accomplish something, the very first thing you need to do is to make a decision. If you have made that decision, contact Elite Financial to explore some of the best home loans.

As a first-time home buyer, purchasing a home can be the largest payment investment you make in your life, and you want to ensure that you have a team of professional real estate experts and a reliable mortgage broker in San Fernando Valley.

Get your home loan in San Fernando Valley with an easy process at Elite Financial. We assist you with some of the best commercial real estate loans that meet your future goals.  

Conventional Loans San Fernando Valley

A conventional loan is a type of loan that is not supported/backed by a government agency. According to the National Association of Home Builders, conventional loans made up 78.5% of new home sales in the first quarter of 2022. Private real estate lenders back these loans.

However, since the government does not back it, you won’t be able to enjoy some of the benefits that come along with government-backed loans. You can get this loan with a credit score as low as 620, but the more, your chances of approval will be better.

Your interest rate, which you need to pay, will depend upon your credit score. The higher the score, the better the rate. Furthermore, it’s a long-term plan of 30-year for people.

There are a number of programs from which to choose.  The 30-year fixed rate loan is the most popular. Since rates have increased, some are choosing adjustable loans with a fixed period–3, 5, 7, and 10 years fixed periods are available.  Contact Elite Financial for a custom loan quote.

Home Mortgage Refinance San Fernando Valley

You can save thousands of dollars by refinancing your home loans in San Fernando Valley. Refinancing can shorten the loan term you must pay and even save money on your monthly installments. Get in touch with Elite Financial for a free consultation on your home mortgage refinance. Get online mortgage rate information.

At Elite Financial, we have professional commercial mortgage brokers in San Fernando Valley who have strong relationships with several lenders. Due to a wide variety of loan types, property types, and other circumstances, it can be hard for you to locate a lender that meets your needs, and they can find a lender who can match their commercial needs by consulting with them.

Our qualified mortgage brokers have relationships with multiple lenders who can offer you a variety of lending options to choose from. So, what are you waiting for? Please contact one of our commercial mortgage brokers, and get the professional assistance you need to get fair credit and the best bad credit loans.

Best Reverse Mortgages Brokers

Reverse mortgages are just like traditional loans that let homeowners borrow a huge amount of money by giving their homes as a security deposit for the loan. Like a conventional mortgage, the title to your property is kept in your name when you take out a reverse mortgage loan.

With a reverse mortgage loan, borrowers do not make monthly mortgage payments, unlike a conventional mortgage. When the borrower vacates the property, the loan is paid back. Each month, fees and interest are added to the loan sum, which causes it to increase.

To qualify for a reverse mortgage loan, a homeowner must maintain good credit, pay property taxes and homeowners insurance, and utilize the home as their primary residence.

Get Jumbo Loans for Expensive Properties

Jumbo loans are loans for those people who can’t purchase the property with FNMA and Freddie loans. San Fernando Valley’s mortgage loans are required for expensive properties that cost more than $715,000. To qualify for this loan, you must meet their strict criteria compared to traditional mortgages. It is a riskier loan for lenders, and you must meet the following criteria to qualify.

  • A credit score higher than 640.
  • Financial filings
  • Proof of sufficient funds to close
  • Other info your Elite Financial professional can go into more detail.


If you’re looking for jumbo loans, then contact Elite Financial now. We are one of the best mortgage lenders near me and can guide you through applying for this loan and how you can get it easily, even with strict criteria.

Veteran Affairs - VA Loans

A VA loan is a mortgage offered through a Department of Veterans Affairs Program to active and veteran service people and their spouses. This mortgage is backed-up by the government but issued through private mortgage lenders, and it has easier terms and requires up to no down payment and no mortgage insurance. 

Furthermore, they provide up to 100% financing to the home’s value. Borrowers eligible for VA loans can purchase, repair, or construct a house. If you’re looking for a commercial mortgage broker near me, then you will find them at Elite Financial. You can get a free consultation regarding VA and all other types of loans here, so contact us now. 

Federal Housing Administration - FHA Loans

A house mortgage guaranteed by the government and provided by a bank or other lender approved by the Federal Housing Administration is known as an FHA loan. FHA loans allow applicants with lower credit ratings than is often necessary and offer smaller minimum down payments than many commercial loans. 

The FHA loan is intended to assist families with low to moderate incomes in becoming homeowners. They are especially well-liked by first-time homebuyers. Make a call to a mortgage broker in San Fernando Valley, Elite Financial, now for further details. 

Being Pre-Qualified For Your Loans

Pre-Qualified have several advantages, and it can help you in the early process of getting home loans in San Fernando Valley. To become pre-qualified, you need to provide basic information to the lender and answer all the questions regarding your financial documentation. They will run a credit check to ensure you meet the loan requirements. Once you’re pre-qualified, you can easily start searching for your home and get an estimate on how much you need and can borrow money. 

30-Year Fixed Rates Interest Rates

A 30-year fixed rates loan means you have to pay the amount of your loan with interest rates within 30 years. It is one of the most used loans chosen because it’s affordable and smaller compared to 20-year or 15-year plans. Get in touch with Elite Financial to learn how to get a quick 30-year fixed-rate home or commercial loan in San Fernando Valley. 

15-Year Fixed Rates Payment Schedule

15-year is another fixed rate loan that many choose as their payment schedule. It is short, and you have to pay a large amount of monthly installments. However, the biggest pros are that it has a shorter loan duration ending quicker than 20-year and 30-year fixed rate loans. You can also contact Elite Financial, a commercial mortgage broker in San Fernando Valley. We offer a free consultation regarding 15-year fixed rates, so contact us now and answer your queries.

Mortgage Calculator For Elite Financial Help

At Elite Financial, we offer our visitors the mortgage calculator to estimate how much money with interest rates they have to pay during a specific period. Visit our website, and navigate to our mortgage calculator. Choose the online mortgage calculator, and get a quick estimate on how much you have to pay on your loans.


A mortgage is a loan people use to purchase or invest in property, and government institutions and private lenders give it. You have to meet certain criteria to get a mortgage, and the process will start with pre-approval to estimate how much the lender is willing to lend you and the interest you’ll need to pay. 

After that, you will start searching for your home. Once you have purchased the home, you must pay monthly installments with interest charges over a specific period, such as 15 or 30 years. 

You can get a mortgage loan for both short and long periods. It can be as long as 30 years and as short as 10-15 years. You can choose the duration of the loan which suits your needs. A longer mortgage loan duration comes with smaller monthly installments and can be affordable for you to manage. However, it means you will be paying for a very long period. On the other hand, a shorter time of the loan means that it will come with high monthly installments but will be finished within a few years.

There are numerous loans from which to choose.  Elite Financial is here to discuss your options. Every loan has its pros and cons, and navigating through the details gets you t be an informed and confident borrower.

Mortgage loans are typically calculated using a simple interest formula. This means that the interest on the loan is based on the principal amount and not on the total amount of money that has been borrowed. The interest is applied to the loan balance each month, which is how the lender makes a profit. You can also use an online mortgage calculator to estimate how much you’ll pay on your monthly installments.

Borrowers make a series of monthly payments to pay off their mortgages. Usually, the first payment is made on the first of the month after the loan closes. For the balance of the loan term, subsequent payments are made on the same day of each month. The principal (the amount borrowed) and interest are paid off with the installments made over the mortgage period (the cost of borrowing the money).

Mortgage loans are given by banks, brokers, non-bank lenders, and credit unions. It depends on the type of mortgage loan you’re choosing for yourself. Each of the lenders has different criteria, so you need to meet the underwriting requirements and required documentation.