Long Beach Mortgage Lender

As an independent mortgage broker licensed in California, Bayview Residential Brokerage helps Long Beach buyers and homeowners shop the whole market instead of a single bank's rate sheet. Long Beach blends coastal living, historic neighborhoods and a strong condo market, drawing first-time buyers and move-up families alike. We match each borrower with the lender and program that fits, then handle the loan from pre-approval to closing.

Below is a plain-English guide to buying or refinancing in Long Beach in 2026: the market, LA County loan limits, the programs available, down payment assistance, and the neighborhoods we serve.

The Long Beach housing market in 2026

Long Beach has held steady. As of mid-2026 the median Long Beach home price is around $897,000, up about 1% year over year. Its waterfront, walkable downtown and diverse neighborhoods keep demand broad across condos, historic homes and single-family properties.

At this price point most buyers use conventional or high-balance loans, with higher-priced coastal homes moving into jumbo territory. Being matched with the right lender keeps your payment competitive, which is where a broker helps.

Loan programs for Long Beach buyers

Conventional loans. The default for buyers with solid credit, with as little as 3% down for qualified first-time buyers.

FHA loans. A lower 3.5% down payment and flexible qualifying, popular with first-time and credit-building buyers. The 2026 FHA limit in Los Angeles County is $1,249,125 for a single-family home.

VA loans. Eligible veterans and active-duty service members can buy in Long Beach with a zero-down VA loan. Zero down payment and no monthly mortgage insurance for those who qualify.

USDA loans. Zero-down financing for eligible rural communities in the region, for buyers within the income limits.

Jumbo loans. Financing above the conforming limit for higher-priced homes. In Long Beach this mainly applies to higher-priced homes near the coast and in Naples.

Reverse mortgages. For homeowners 62 and older who want to convert equity into cash without a monthly mortgage payment.

Down payment assistance for Long Beach buyers

California buyers have help with the down payment through the California Housing Finance Agency (CalHFA). Programs such as the MyHome Assistance Program provide a deferred-payment junior loan toward the down payment or closing costs when paired with a CalHFA first mortgage, and CalHFA periodically offers shared-appreciation help like the Dream For All program when funding is available. Eligibility depends on income, credit and homebuyer education. We check which programs fit Long Beach buyers and coordinate the assistance with your loan.

Property taxes and Proposition 13

California property taxes work differently than most states thanks to Proposition 13. Your tax is based on the home's assessed value, which generally starts at your purchase price, plus a base rate of about 1% and any local voter-approved measures, and annual increases in assessed value are capped at 2%. That predictability helps with long-term budgeting. When we prepare your pre-approval, we include realistic tax and insurance estimates so your monthly number is the real one.

Buying across Long Beach

Naples and Belmont Shore are premier coastal areas where jumbo financing often applies, Bixby Knolls and the historic districts offer character homes, and downtown Long Beach has a strong condo and loft market popular with first-time buyers. We match the loan to the neighborhood and property type.

How the process works with Bayview

1. Pre-approval. We review your income, credit and goals, then issue a pre-approval so you can shop with confidence and make strong offers.

2. Shop and compare. Once you are under contract, we shop your loan across our lender network and bring back the most competitive fit on rate and fees.

3. Underwriting. We manage document collection and work the file through underwriting, keeping you and your agent updated.

4. Closing. Most purchases close in about 30 days from contract. You sign, fund and get the keys.

Refinancing your Long Beach home

Already own in Long Beach? Refinancing can lower your rate or payment, shorten your term, or let you tap equity through a cash-out refinance for a remodel or to consolidate debt. With how much California home values have risen over the past several years, many local homeowners have significant usable equity. We run the numbers both ways and only recommend a refinance if it actually moves you forward.

Long Beach mortgage FAQs

What is the 2026 conforming loan limit in Long Beach?

Long Beach is in LA County, a high-cost area, so the 2026 conforming limit is $1,249,125 for a single-family home.

Can you finance a condo in Long Beach?

Yes. Long Beach has a large condo market, and we finance condos as well as single-family homes, matching you with a lender suited to the project.

Do you offer FHA and VA loans in Long Beach?

Yes. FHA and VA loans (2026 LA County limit $1,249,125) for eligible borrowers, along with conventional, jumbo and reverse mortgages.

What down payment assistance is available in Long Beach?

California's CalHFA programs, including MyHome, can help qualified buyers with down payment and closing costs.

How does Proposition 13 affect my property taxes?

Your tax is based on your purchase price plus about 1% and local measures, with annual assessed-value increases capped at 2%.

How long does it take to close in Long Beach?

Most purchase loans close in about 30 days once you are under contract.

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Nearby cities we serve

Los Angeles  ·  Anaheim  ·  Santa Ana  ·  Irvine
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Plan your numbers

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