Ray L.
11/16/2024
I purchased my home in Irvine, CA at an interest rate of 6% in October 2022. Everyone knows that rates increased to between 6.8% and 7.5% from 2023 to 2024. The Federal Reserve cut the rate by...
The Loan Exchange
Closed
(16)
Photos
333 City Blvd W Ste 1700
Orange, CA 92868
The Loan Exchange in Orange, CA is a reputable lending institution that specializes in Home Equity Line of Credit (HELOC) loans for homeowners in California. They offer flexible eligibility criteria, including owning a primary residence in California with equity, having sufficient income to make monthly payments, and meeting specific credit score, income, and property value requirements.
With The Loan Exchange, borrowers can benefit from a fixed initial interest rate that will not increase until the loan matures, providing stability and peace of mind. Additionally, customers have the option to draw any amount from their credit line after closing, with a minimum of $5,000 and up to the remaining line of credit. During the first five years, the monthly payment is interest-only, and after that, it becomes accrued interest plus principal divided by 240 months. The Loan Exchange also offers a refinancing service, constantly monitoring rates to secure the most competitive options for their clients.
Generated from the website
Also at this address
Reviews
4.516 reviews
Lynetta T.
11/5/2024
I recently just refinanced my mortgage with Loan Exchange. I worked with Daniel Chau. I am a 34 years Real Estate as well as 10 years as a loan processor. My expectations are set very high with...
John M.
11/9/2024
Rates dropped 1.5% from my year ago mortgage near peak rise in rates. Only loan exchange offered 5.75 rate as my current company had dropped to only 6.75. Daniel was my rep who worked 24/7...
Linda M.
5/11/2024
Daniel Choi kept me going all afternoon with the lowest rate I have been quoted. After he "pulled a soft credit" he raised the rate quote over 1% due to my credit score being less than 801- I...
Rhett D.
11/27/2024
This direct mortgage lender is fast. I was turned down by 8 credit union and mortgage companies due to a high debt ratio. I needed a HELOC( home equity loan). I had alot of high interest rate...
See a problem?
