It is possible to use a first mortgage up to the conforming loan limit of $1,089,300 in Los Angeles County. This mortgage can be issued with a lower down payment, possibly as low as 10% or even 5%. In this scenario, the conforming loan interest rate is likely to be more favorable than non-conforming loan interest rates.
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6303 Owensmouth Ave 10th Floor
Los Angeles, CA 91367 - info@CAPlatinumLoans.com
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- 1-818-488-2076