Lending Place

THE ONLY PLACE FOR EASYFAST BEST MORTGAGE

 Mortgage Loans Broker with access to top national wholesale lenders with best Conventional, Jumbo and Non-QM mortgage loan products.

Mortgage Quote

CONVENTIONAL MORTGAGE LOANS

CONFORMING 

15 YEAR FIXED

starting at


4.125%

4.52% APR

CONFORMING

30 YEAR FIXED

starting at


4.875%

5.11% APR

 FHA

30 YEAR FIXED

starting at

 
4.375%

5.87% APR

JUMBO

30 YEAR FIXED

starting at 

4.99%

5.17% APR

INVESTMENT

30 YEAR FIXED

starting at 

5.625%

5.87% APR

NO TAX RETURNS MORTGAGE LOANS

BANK STATEMENTS

ONLY LOANS

starting at


6.125%

6.4% APR

RENTAL PROPERTY

DSCR LOAN

starting at


6.375%

6.65% APR

PROFIT & LOSS

STATEMENT LOAN

starting at

 

6.99%

7.26% APR

NO INCOME

VERIFICATION

starting at 

7.75%

8.05% APR

PRIVATE MONEY

LOANS

starting at 

7.99%

FUNDED IN 10 DAYS*

FUNDED IN 14 DAYS*

OTHER PROGRAMS AVAILABLE • CONTACT US FOR MORE INFORMATION

FHA LOANS/ VA LOANS | COMMERCIAL LOANS | MULTI-FAMILY LOANS | PRIVATE MONEY LOANS

COMPLETE FOR A FREE PERSONALIZED QUOTE

WHAT OUR CLIENTS SAY...

Maxwell Anastopulos-Mobile
Maxwell Anastopulos-Mobile
2022-04-20
I needed a loan that was difficult to obtain, since it was to be secured on a single family home that I rented to tenants and did not live in myself. Previously, lenders rejected the loan since it was “outside the box” that they had to work within. The LendingPlace offered me several options and had the resources to find a lender that would funds. I needed the funds for a construction project and this loan was a life saver. They came through for me!
Doug Dutton
Doug Dutton
2022-04-19
Very easy and great to work with.
Joe Alfrey
Joe Alfrey
2022-03-20
Leon and team are absolutely awesome. We had been trying for a number of months to refinance our primary residence. Our situation was unique and a number of other lenders and brokers were unable to get anything done. Leon asked questions other lenders did not and found the mortgage product that matched our situation. The process and communication from the Lending Place was great. Regardless of your situation, I would highly recommend LendingPlace as your mortgage partner. Thanks LendingPlace team!
Barbara Walker
Barbara Walker
2022-02-04
Over the years I have worked with several mortgage companies to either purchase or refinance a property. I must say LendingPlace was the best experience I’ve had. The most important factor was timely responses by professional team members. I felt like I was in great hands from the first contact to the final closing. Excellent service!!
Craigslist User
Craigslist User
2022-02-04
Excellent service
Pat Riot
Pat Riot
2022-02-01
I actually did 90% of our Refi on my cell with Leon. Every questioned was answered and he offered us 3 different deals regarding interest and points. All in all we are very satisfied as Leon and Team beat our previous lender and got us the best deal out there. RnR!
victor zeledon
victor zeledon
2022-01-31
I had a great experience with Lending Place specially with Leon Oranskiy. Leon is very helpful and very transparent in his transactions!! He always responded all my questions.
Alicia Smith
Alicia Smith
2021-12-13
Mike and Leon have personally closed loans for me as well as our clients. The array of knowledge and variety of loan products they offer are incredible and well above the competition (along with better rates). I would utilize them for all your real estate purchases whether it is your dream home or an investment property.

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Top Lending Specialist

Who We Are

THE ONLY PLACE FOR BEST MORTGAGE OPTIONS

One of the first things you will notice about our professionals is the passion they bring to their business. We are not interested in just “doing the loan.” With the mortgage industry constantly evolving, properly structuring your mortgage is the first step in our strategy to maximizing your assets while working together to create wealth.

A mortgage is no longer just a Mortgage, and must be seen as part of your overall debt management strategy and an integral part of your financial plan. Our team is committed to providing expert advice to you and your family in order to protect one of your most valuable assets – your home.

Mortgage Closing Times

MORTGAGE CLOSING TIME Mortgage Closing Time How Long after the Appraisal to Close the Mortgage? Mortgage Closing Times Share this...

What Are Conforming Loans?

What Are CONFORMING LOANS? Conforming Loan About Conforming Loans Conforming Loan Requirements Conforming Loan Limits Out Loan Details Share this...

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COMPLETE FOR A FREE PERSONALIZED QUOTE

Fixed Conforming Loan

Program Details:

•LTV up to 95% (MI applies for LTV > 80%)
•Minimum FICO 620
•“Full Doc” with up to 50% DTI
•W2 or Self Employed Borrowers
•Purchase Loan, Rate and term, or Cash-Out refinance
•Current conforming limit in CA for a single-family unit is $548,250. High Balance Conforming loan limits vary for each county
•Restrictions apply. Rates are subject to change without notice

EXAMPLE SCENARIO:

Rates as of 06/20/22 and are subject to change. The following examples are for a Purchase for well-qualified “full doc” borrower with a mid-FICO score of 760+, and property Loan-to-Value (LTV) ratio up to 60%. Conforming 15-year Fixed-Rate loan example is based on $400,000 loan amount at 4.375% (APR 4.81%), Principal and Interest monthly payment (P&I) is $3,034.48, estimated financial charges: $10,800. P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.

Program Details:

•LTV up to 95% (MI applies fo LTV > 80%)
•Minimum FICO 620
•“Full Doc” with up to 50% DTI
•W2 or Self Employed Borrowers
•Purchase Loan, Rate and term, or Cash-Out refinance
•Restrictions apply. Rates are subject to change without notice

• Click here for Confroming Loan Limits

EXAMPLE SCENARIO:

Rates as of 05/28/22 and are subject to change. Following examples is for a Purchase for well-qualified “full doc” borrower with a mid-FICO score of 760+, and property Loan-to-Value (LTV) ratio up to 60%. Conforming 30-Year Fixed-Rate loan example is based on $400,000. loan amount at 4.875% (APR 5.11%), P&I is $2,177, estimated loan costs: $11,800. P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.

FHA Loan
EXAMPLE SCENARIO:

Rates as of 06/20/22 and are subject to change. Following examples are for a Purchase for well-qualified “full doc” borrowers with a mid-FICO score of 760+, and property Loan-to-Value (LTV) ratio up to 96.5%. Conforming 30-Year Fixed-Rate loan example is based on $400,000 loan amount at 4.375% (APR 5.87%), PIMI is $2,316, estimated loan costs: $10,800. P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.

Program Details:

•LTV up to 89.9%
•Minimum FICO 680
•“Full Doc” with DTI up to 45%
•W2 employed or Self Employed Borrowers
•Purchase Loan, Rate and Term, or Cash-Out refinance
•Loans up to $3 Million
•Reserves: 6 to 12 months of PITI
•Restrictions apply
•Rates are subject to change without notice

EXAMPLE SCENARIO:

Rates as of 05/28/22 and are subject to change. The following example is for a Purchase for well-qualified “full doc” borrower with a mid-FICO score of 780+, and property Loan-to-Value (LTV) ratio up to 60%. Jumbo 30-Year Fixed-Rate loan example is based on $1,200,000 loan amount at 4.99% (APR 5.17%) P&I is $6,435, estimated loan costs: $24,800. P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.

 
EXAMPLE SCENARIO:

Rates as of 05/28/22 and are subject to change. Following examples are for a Purchase for well-qualified “full doc” borrowers with a mid-FICO score of 760+, and property Loan-to-Value (LTV) ratio up to 60%. Conforming 30-Year Fixed-Rate loan example is based on $400,000 loan amount at 5.625% (APR 5.87%), P&I is $2.303, estimated loan costs: $10,800. P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.

Bank Statements Loan

Program Details:

•Business Deposits verified by 12-24 months of
Bank Statements
•LTV up 90% for Purchase and R/T AND Cash-Out Refinances.
•Minimum FICO Score 580
•No Business or Personal Tax Returns!
•Available for Primary, Second Homes or Investment Properties
•30-Year Fixed and 5/7/10 ARM options
•Interest-Only payment options.
•Reserves: 6 to 12 Months of PITI
•Loan Amount Limits: $200,000 to $4,000,000

EXAMPLE SCENARIO:

Rates as of 06/20/22 and are subject to change. The following example is for Purchase with 24 months business statements, averaging deposits to meet 43% DTI, a borrower with a mid-FICO score of 760+ and ACH direct payments, and property Loan-to-Value (LTV) ratio up to 55%. A 30-Year Fixed-Rate loan example is based on a $400,000 loan amount at 6.125% (APR 6.4%), P&I is $2,430.44 estimated loan costs: $11,800. Rates are subject to change. PI payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.

Available in California and Florida

 
Rental Property Loan

Program Details:

•Single Family, Condos
•LTV’s up to 80%
•Unlimited cash-out up to 75% LTV
•Minimum FICO 620+
•30 Year Fixed or ARM options
•Fully Amortized or Interest Only options
•DSCR as low as 1.0+ OR NO RATIO
•No 4506T, Tax Returns or any personal income verification
•First Time Investors are allowed
•Multipurpose LLC are allowed
•As little as 6 months of reserves
•Vacant – OK, able to use market rents
•Loan Amount Limits: $200,000 to $3,000,000 for 1-4 Units / $250,000 to $7,500,000 for 5+ Units

EXAMPLE SCENARIO:

Rates as of 06/20/22 and are subject to change. The following example is for a 30 year Fixed Purchase Loan for an Investment/Rental SFR with a minimum DSCR of 1.25+, at 60% LTV, for a borrower with a mid FICO score of 760, with a 5 -Year Prepayment penalty. Principal & Interest Payment (P&I) for a loan of $400,000 at 6.375% (APR 6.65%) is $2,495.48, and estimated loan costs are $11,800. P&I payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment
Available in AL, AR, CA, CO, CT, DE, DC, FL, GA, HI, IL, IN, KY, LA, ME, MD, MA, MS, MO, NE, NH, NC, OH, OK, PA, RI, SC, TN, TX, VA, WA, WV, WI, WY

Program Details:

• LTV up 80% for Purchase and Rate & Term Refinance/ up to 75% for Cash-Out Refinances
• Minimum FICO 620
• P&L prepared by a licensed accountant required
• Avaliable for primary and second homes
• 30 Year Fixed and 5/7/10 ARM options
• Interest Only payment options
• Reserves 6 to 12 months of PITI – Cash-Out funds can be used as reserves!
• Loan Amount Limits: $200,000 to $3,000,000

EXAMPLE SCENARIO:

Rates as of 05/28/22 and are subject to change. The following example is for Purchase with a Profit and Loss Statement prepared by a licensed accountant with a Net Income after expense ratio sufficient to meet 43% DTI, a borrower with a mid-FICO score of 760+ and ACH direct payments, and property Loan-to-Value (LTV) ratio up to 60%. A 30-Year Fixed-Rate loan example is based on a $400,000 loan amount at 6.99% (APR 7.26%), P&I is $2,658.52 estimated loan costs: $11,800. Rates are subject to change. PI payment does not include taxes, home insurance premium, and HOA dues, which will result in a higher total monthly payment.

Available in California and Florida

 
No Income Verification

Program Details:

•LTV up 70% for Purchase and Rate & Term
Refinance. Up to 65% for Cash-Out Refinance.
•Minimum FICO credit Score: 660+
•No income or employment Documentation Required, No VOE
•Just One Month bank statement for Proof of Funds
•Available for primary and second homes
•30-Year Fixed and 5/7/10 ARM options
•Interest-Only payment options.
•Reserves: 12 to 18 Months of PITI (Based on borrower’s FICO) – Cash-Out funds can be used as reserves!
•Loan Amount Limits: $200,000 to $3,000,000

EXAMPLE SCENARIO:

Rates as of 06/20/22 and are subject to change. The following example is for a Purchase loan in L.A County for a borrower with a mid-FICO score of 740+, 3 months of PITI in reserves, and property Loan-to-Value (LTV) ratio up to 60%, For 30 year Fixed option, loan amount of $400,000 at 7.75% (APR 8.05%), P&I is $2,865.65 estimated loan costs: $11,800.

Available in California and Florida

Private Money Loans

Program Details:

•LTV UP TO 75%
•Investment SFR’s, Condos, and 2-4 Uints
•NO ASSET VERIFIED
•CLOSE IN 10-21 DAYS*
•NO INCOME VERIFIED

EXAMPLE SCENARIO:

Rates as of 07/08/21 and are subject to change. *Some loans may take longer than 10 days to close. To qualify for the above sample rate, LTV up to 60%, borrower must be current on all mortgages. FICO 740+.Investment SFR’S 2-4 UNITS. Have atleast 6 verified experience 1st TD’sand non construction loans only. Origination fee of 2.5points, plus underwriting, processing, appraisal and prepayment penalty apply. N/O/O SFR’S and 1-4 unit only. Other programs with FICO requirement and up to 80% LTV are available, call for details. Restrictions Apply. Terms are subject to change, Loans are funded by Pacific Capital Funding Corp is licensed by Cal DRE Lic: 02039562

 
Purchase Loans
Program Details:

*Conforming and High Balance Conforming Purchase mortgage for W2 earners with no investment properties can be funded within 14 days from receipt of a complete loan package. Some loans may take longer to fund.  Rates and turn times are subject to change without notice.