What does a mortgage loan originator do vs. a bank?

A bank offers only its own loan products. A mortgage loan originator shops your loan across 175+ wholesale lenders to find the best rate, terms, and program for your situation.

How do I get pre-approved?

Apply through one of our lender portals or contact me directly. I will pull your credit, verify income and assets, and issue a full pre-approval letter, typically within 24 hours.

How much do I need for a down payment?

Conventional loans start at 3% down, FHA at 3.5%, and VA loans require zero down payment.

When does it make sense to refinance?

Generally when you can lower your rate by 0.5% or more, shorten your term, or access equity. The key is whether monthly savings outweigh closing costs within your planned timeframe.

A DSCR loan qualifies based on the rental income of an investment property rather than your personal income. No tax returns or pay stubs required.

What is PMI and how do I get rid of it?

PMI is required on conventional loans with less than 20% down. It drops automatically at 78% LTV, or you can request removal at 80% LTV.

Your Rancho Santa Margarita Mortgage Loan Originator

Answers to the questions I hear most from buyers, homeowners, and investors.

Mortgage Services in Rancho Santa Margarita

Andrew Baker is a licensed mortgage loan originator based in Rancho Santa Margarita, CA, serving homebuyers and homeowners throughout the area. With access to 175+ wholesale lenders through West Capital Lending, Andrew shops your loan across the market to find the best rate and terms — something a single bank or credit union simply can't do. Whether you're buying your first home, refinancing to save money, tapping equity with a HELOC, or investing in rental property with a DSCR loan, Baker Lending Powered by West Capital Lending, Inc. has the programs and the local knowledge to get it done.

Loan Programs Available

✓ Conventional Loans
✓ FHA Loans
✓ VA Loans
✓ Jumbo Loans
✓ HELOC & HELOAN
✓ DSCR Investor Loans
✓ Bank Statement Loans

Why Choose a Broker

✓ Access to 175+ wholesale lenders
✓ Lower rates than retail banks
✓ One application, multiple offers
✓ Licensed in 28 states
✓ Local office in Irvine, CA
✓ 4.96★ rating on Experience.com

Get a Free Quote

Andrew Baker · NMLS 2688601 · (949) 665-9090

Ready to Get Started?

Fill out our quick form or apply directly through one of our lender portals.

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