Your Local Mortgage Lender
Located in Orange, California
Personalized Mortgage Experience
Bruce Byrwa offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.
With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.
Let us help you achieve your homeownership dreams!
The Home Loan Process
Mortgage Pre-Approval
Get pre-approved from one of our Loan Officers to see how much you can afford.
House Shopping
Work with a trusted Real Estate Agent to find a home you would like to move into.
Loan Application
Complete your home loan application to get the lending process started.
Don't take my word for it
Mortgage Programs
Experience the best mortgage experience located in Orange, California.
Home Loan Options
Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.
Conventional Home Loans.
FHA Home Loans.
USDA Home Loans.
VA Home Loans.
Frequently Asked Questions
How often can I refinance my mortgage?
There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.
Can I buy a home if I do not have money for a down payment?
Yes! There are a number of bond programs that offer low or no down payment financing options.
How do I know which mortgage is right for me?
The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.
How long will the loan process take?
The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.
Will I qualify for a home loan?
The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.
Why do people refinance their mortgages?
Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.
How much money will I have to pay upfront to buy a home?
This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.
Can I get a mortgage after bankruptcy?
You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.
Should I lock my interest rate now, or wait until we are closer to our closing?
Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.
Most Recent Blog Updates
From a $40,000 Garage Repair to a $40 Million Apartment Building an Independent Mortgage Broker Can Help
From a 40000 Garage Repair to a 40 Million Apartment Building an Independent Mortgage Broker Can Help
The Difference Between One Choice and the Best Choice
When you walk into a bank for a construction loan, a home equity line of credit, or any other financing need the bank has exactly one set of products to offer you. Their products. If your project fits their guidelines and their appetite for that type of loan you get approved. If it does not you get declined and you walk out the door with no path forward and no explanation of where else to look.
That is the reality of bank financing. One institution. One set of options. One answer.
An independent mortgage broker works differently and for borrowers who have projects that banks do not fit into a box the difference is significant.
Why Independent Brokers Access Financing That Banks Cannot
Independent mortgage brokers have relationships with a wide range of lenders including banks, credit unions, private lenders, and specialty financing sources that most borrowers never interact with directly. When a project or a borrower profile does not fit one lender's guidelines the broker has other options to evaluate rather than simply delivering a decline.
As Bruce Byrwa explains he consistently sees borrowers come to him after being turned down by their bank for a home equity line of credit, a construction loan, or another financing need. In many of those cases the project was fundable. The borrower was qualified. The bank simply did not have the right product or did not want that type of loan on their books at that time.
The same borrowers who received a no from their bank frequently get to closing when they work with an independent broker who can find the right lender for the specific situation rather than trying to make the situation fit a single lender's requirements.
The Range of Projects an Independent Broker Can Finance
The scope of what an independent mortgage broker can help with is considerably broader than most people realize. At one end of the range a relatively modest project like a $40,000 garage repair or a small ADU addition in the backyard can be financed through a home equity product when the bank has declined. At the other end a $40 million apartment building construction loan is a commercial financing need that independent brokers with the right lender relationships can address effectively.
Between those two extremes the range includes small home equity loans and lines of credit, larger construction loans for new builds and significant renovations, apartment building acquisition and development financing, and a range of other commercial applications where accessing debt is part of the project plan.
The common thread is that an independent broker evaluates the project and the borrower against a broad universe of lending options rather than against the narrow criteria of a single institution.
Lower Cost and Better Rates Through Competition
When multiple lenders are competing for a loan the borrower benefits from that competition in the form of better pricing and more favorable terms. An independent broker who can present a qualified borrower's project to multiple lenders creates exactly that competitive dynamic.
A bank that knows it is the only option the borrower is considering has no incentive to offer their most competitive pricing. A lender who knows a broker is evaluating other options has every incentive to put their best offer forward. That competitive pressure consistently produces better outcomes for borrowers in terms of both rate and cost.
For any construction project, commercial application, or home equity need where the bank has already said no or where getting the best possible terms matters the independent mortgage broker is the most productive first call rather than the last resort.
Bruce Byrwa works with borrowers across the full spectrum of construction and commercial financing needs to find the right lender and the best terms for each specific project. Reach out to Bruce Byrwa to find out what financing options are actually available for your project regardless of what the bank already told you.
Sources
MortgageNewsDaily.com NationalMortgageProfessional.com SBA.gov Investopedia.com HousingWire.com
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