Mortgage broker serving Paramount, CA, offering a full range of loan programs - purchases, refinancing, investment properties, FHA, VA, jumbo, DSCR, bank statement loans, down payment assistance, and more. Personalized programs for your unique situation. 40+ years California mortgage experience.
Schedule a quick 15-minute call and we'll match you to the right program and give you the best rate for your unique situation.
We as brokers shop hundreds of lenders for you. Banks offer their own limited products.
As mortgage specialists serving Paramount buyers, we match your unique situation to the right program.
First-time buyers in Paramount need the right loan programs to maximize their purchasing power.
We've spent 40+ years solving these exact challenges.
We're here to help match you with the perfect loan program for your Paramount purchase.
SCHEDULE FREE CONSULTATION"For over 30 years, A Good Lender has been a trusted and essential part of my family's financial journey, guiding us through more than a dozen mortgage financing transactions with professionalism, integrity and care. What sets A Good Lender apart is their reliability and ability to demystify the mortgage process."
"Rodney Roloff & The Team at A Good Lender made my house buying process a breeze. Rodney helped me to better understand the loan process and walked me through everything step by step. If your looking for a good lender. One who will help you get the best rate. I highly recommend reaching out to Rodney and his team at 'A good lender'"
"From our first home buying experience, to exploring HELOC options, and refinancing, every step we were supported with clear and accurate information. A team who's knowledgeable, prompt to respond to any questions, and who genuinely cares for their clients is a rare find in this industry."
We've simplified the mortgage maze into four clear steps. No surprises, just results.
Complete your loan application online and upload your documents. We'll review everything to make sure it's complete before submitting to our lending partners.
We submit your application to our lending partners. Their underwriters review your documents, verify your income and credit, and issue your loan approval.
Sign your final documents, get your keys, and move into your Paramount home. We coordinate everything to make closing day smooth and stress-free.
Finding the right home loan in Paramount starts with understanding your options. We've streamlined hundreds of mortgage programs into 8 clear categories for Paramount home buyers—covering purchase loans, refinance, commercial real estate, and specialized financing like bank statement and jumbo loans. Explore the general programs to compare down payment options and requirements, or apply now for a custom financing solution tailored to your Paramount property.
Whether you're buying your first condo or a $3M estate, we offer comprehensive financing solutions with 14-day closings. Explore our complete range of purchase loan programs below.
Refinance to lower your interest rate, shorten your loan term, or access home equity for renovations, debt consolidation, or investment opportunities. Explore all refinance programs below.
Finance commercial real estate, owner-occupied buildings, or business expansions. Explore all commercial financing programs below.
Finance new construction, renovations, or land purchases. Explore all construction and renovation programs below.
From condos and townhomes to multi-family buildings and unique property types. Explore all specialized property financing programs below.
We specialize in complex financing scenarios where traditional loans don't fit. Explore all niche programs below.
Access California's down payment assistance programs. Explore all DPA programs below.
Self-employed professionals, freelancers, and business owners. Explore all special income documentation programs below.
Speed & Certainty
Whether you're buying your first condo or a $3M estate, we offer comprehensive financing solutions with 14-day closings. Explore our complete range of purchase loan programs below.
Rate & Term, Cash-Out
Refinance to lower your interest rate, shorten your loan term, or access home equity for renovations, debt consolidation, or investment opportunities. Explore all refinance programs below.
SBA 504 & 7(a)
Finance commercial real estate, owner-occupied buildings, or business expansions. Explore all commercial financing programs below.
Build & Improve
Finance new construction, renovations, or land purchases. Explore all construction and renovation programs below.
Specialized Properties
From condos and townhomes to multi-family buildings and unique property types. Explore all specialized property financing programs below.
Complex Scenarios
We specialize in complex financing scenarios where traditional loans don't fit. Explore all niche programs below.
CalHFA & Local DPA
Access California's down payment assistance programs. Explore all DPA programs below.
Alternative Documentation
Self-employed professionals, freelancers, and business owners. Explore all special income documentation programs below.
Popular loan programs for Paramount homebuyers. Compare options and find your best fit.
| Loan Type | Down Payment | Credit Score | Best For |
|---|---|---|---|
| No Down Payment Program Featured | $0 (3.5% grant) | 580+ | Any buyer - grant covers FHA or Conventional down payment, forgiven after 6 payments |
| VA | $0 | No minimum | Veterans, active military, surviving spouses |
| Conventional | 3-20% | 620+ | Good credit, stable income. Max: $1,249,125 |
| FHA | 3.5% minimum | 580+ | First-time buyers with limited savings |
| Down Payment Assistance | $0 (grant covers 3-3.5%) | 640+ | First-time buyers needing down payment help |
| Bank Statement | 10-20% | 660+ | Self-employed buyers who write off business expenses |
| DSCR | 20-25% | 660+ | Rental income properties, real estate investors |
Questions? Call (510) 589-4096 or email info@agoodlender.com
FHA is the go-to for Paramount buyers with limited savings. 3.5% down, flexible credit.
Military families get zero down in Paramount. VA loans are the best deal for eligible veterans.
Nearly all Paramount homes qualify for conforming loans. Best rates available for qualified buyers.
Paramount buyers should check CalHFA. Zero-interest second loans cover down payment.
Self-employed Paramount buyers can use bank statements. Deposits count when tax returns don't show full income.
USDA zero-down loans available for eligible Paramount areas. Check rural designation by address.
Bridge loans available for Paramount transitions. Finance new purchase before selling.
Entity purchase programs for Paramount. LLC financing for investment properties.
Paramount FHA homeowners use streamline refi. Fastest path to lower monthly payments.
Nearly all Paramount refinances qualify as conforming. Competitive rates with quick approval.
Paramount veteran homeowners use IRRRL. Easiest refinance option with no appraisal.
Cash-out refinance for Paramount homeowners with equity. Access funds for any purpose.
Paramount owners can add HELOC for equity access. Credit line for improvements or reserves.
Home equity loans for Paramount homeowners. Lump sum with fixed monthly payments.
Paramount rental properties qualify with DSCR. No personal income verification needed.
Paramount renovation deals use fix-and-flip loans. Quick funding for rehab opportunities.
Hard money options for Paramount commercial. Fast financing for competitive markets.
Apartment financing in Paramount. Multifamily loans for 5+ unit investment properties.
Buy a home with zero down payment. Our lenders cover your entire down payment through grant programs. No repayment required. Available for Paramount buyers with qualifying income.
Paramount buyers should check CalHFA. Zero-interest second loans cover down payment.
Local DPA strong in Paramount. City programs plus CalHFA can cover most down payment.
Grant programs for Paramount first-time buyers. Elite grants don't require repayment.
USDA zero-down loans available for eligible Paramount areas. Check rural designation by address.
Gift of equity for Paramount family transactions. Reduced price creates instant equity.
Non-occupant co-borrower helps Paramount buyers qualify. Add parent income to yours.
Every situation is unique. The right loan program depends on your unique situation. See what works best for you.
Questions? Call (510) 589-4096 or email info@agoodlender.com
Paramount sits in southeast LA County, wedged between Downey and Compton, about 16 minutes from Long Beach and 26 from downtown LA. Population is 53,255, median household income $67,197. The homeownership rate here is 40.6%, which is low even for LA County, and that tells you something important: this is a renter-heavy market where getting into ownership actually means something. At $553K median, you're paying LA County prices but you're getting real proximity to jobs and the coast without the premium of neighboring cities.
Paramount Unified runs the show here, and if you're buying with kids, you need to understand what you're getting. Paramount High serves most high schoolers in the area. The district scores aren't the highest you'll find in LA County, but here's what matters for your investment: families who buy here tend to be committed to the community, and that stability affects resale. The lower homeownership rate means less competition from other buyers, which can work in your favor if you're trying to get an offer accepted. When 60% of your neighbors rent, being an owner puts you in a different position for building equity long-term.
At $553K median, you're looking at typical LA County starter home territory. Most properties are older single-family homes and some townhomes, built between the 60s and 80s. FHA loans are common here because they let you get in with 3.5% down instead of the 20% conventional lenders prefer, and on a $553K purchase that's the difference between $19,355 and $110,600 upfront. The lower homeownership rate means you'll find more fixer-uppers and properties that need work, which opens the door for FHA 203k renovation loans if you're willing to put in sweat equity. Real talk: this isn't where you buy for appreciation fireworks, but it's where you stop paying rent and start building equity in a location that actually connects you to LA job centers.
The commute situation is what makes Paramount work for a lot of buyers. You're 26 minutes to downtown LA, 16 to Long Beach, 33 to Irvine, 35 to Santa Monica. That's legitimate access to the entire LA basin without living in the expensive parts. No major freeway runs directly through town, but you're close enough to the 710, 91, and 105 that you can get where you need to go. Local transit exists but most people drive. If you work anywhere in LA County or Orange County, you can make this location work, and that's why people tolerate the higher price compared to somewhere like Apple Valley or Lancaster.
Paramount Unified School District and the City of Paramount are the major employers right here in town, which means steady public sector jobs with benefits. But the real employment story is location. You're positioned between multiple job centers: downtown LA, Long Beach port and aerospace, the 710 corridor industrial zone, even Orange County if you don't mind the drive. Most buyers here work somewhere else in the region and chose Paramount because it's more affordable than Downey or Lakewood while keeping them connected. The household income of $67K is solid, and on a $553K home you're looking at needing around $70-75K minimum to qualify with decent debt-to-income ratios on a conventional loan, or slightly less with FHA.
Paramount Park gives you local green space, and Zamboni Arena offers ice skating, which is more than a lot of LA County cities this size can claim. The truth is you're not buying here for resort-style amenities. You're buying because $553K gets you actual ownership in LA County with a reasonable commute to wherever you work. The 40.6% homeownership rate means you'll have plenty of renters as neighbors, which can affect neighborhood stability and pride of ownership. But it also means less competition when you're trying to buy, and sellers who are often more motivated. If you can qualify for the mortgage and you need to be in this part of LA County, Paramount lets you build equity instead of handing rent checks to a landlord forever.
Common questions from Paramount homebuyers and refinance clients. Can't find your answer? Book a 15-minute call with a Senior Loan Officer.
Pre-approval typically takes 24-72 hours. Full underwriting approval takes 14-21 days. We work with lenders offering express underwriting for strong borrowers who need faster closings.
Standard documents needed: pay stubs (last 30 days), W-2s (past 2 years), tax returns (past 2 years), bank statements (past 2 months), and photo ID. Self-employed borrowers need business tax returns and P&L statements. We'll provide a complete checklist for your situation.
Typical Paramount closing timeline: 30-45 days from accepted offer. VA/FHA loans may take slightly longer. Cash buyers close in 7-14 days. We work to meet your timeline and coordinate with all parties to close on schedule.
You have several low down payment options in Paramount: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Paramount buyers purchase with 3.5% or less down.
Our No Money Down program offers $0 down payment for qualified Paramount buyers. We also offer our 6-Month Forgivable Grant (covers 3-3.5% down, forgiven after 6 months), CalHFA programs, and local first-time buyer assistance. Unlike CalHFA's 5-year requirements, our programs have no income limits and no first-time buyer requirement.
Yes! Zero-down options for Paramount buyers include: VA loans (eligible veterans), USDA loans (eligible rural areas), and our 6-Month Forgivable Grant Program combined with seller concessions for closing costs. Many Paramount families purchase with minimal upfront cash.
2026 Los Angeles County limits: FHA $1,249,125, Conventional $1,249,125. Any loan above $1,249,125 is a jumbo loan. Most Paramount properties fall within conforming limits, maximizing your financing options.
For Paramount's $500,000 median price: FHA is better for credit scores under 680 or down payments under 5%—it's more forgiving on DTI ratios too. Conventional is better with 5%+ down and 700+ credit (lower PMI costs). We compare both options for your specific situation.
A denial doesn't mean you can't buy in Paramount. We review your denial letter, identify the specific issues (credit, DTI, income documentation), and match you with lenders who have more flexible guidelines. Common solutions include FHA loans for credit flexibility, alternative documentation, or co-borrower structures.
Credit requirements by loan type: FHA accepts 580+ (or 500 with 10% down), conventional starts at 620, VA at 620+. Our zero-down grant program works with 640+. Higher scores (720+) get better rates, but we work with borrowers across the credit spectrum.
Absolutely—first-time buyers are our specialty in Paramount. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in Los Angeles County, and structure your purchase to minimize upfront costs.
You still have options in Paramount. FHA loans accept credit scores as low as 580 (or 500 with 10% down). We also offer credit improvement strategies and can connect you with rapid rescoring services to boost your score before applying. Many buyers improve 20-50 points within 30 days.
As a mortgage broker, we shop your scenario across 50+ wholesale lenders to find the best pricing. Unlike retail banks that only offer their own rates, we show you side-by-side comparisons with identical terms. No junk fees or hidden charges—just transparent pricing.
You work directly with a Senior Loan Officer (15+ years average experience) from application through closing—not a call center. We have local Los Angeles County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Paramount typically run 2-4% of the purchase price. On a $500,000 home, expect $10,000-$20,000 covering appraisal, title insurance, escrow fees, and prepaids. FHA allows sellers to contribute up to 6% toward your closing costs.
Pre-approval typically takes 24-72 hours. Full underwriting approval takes 14-21 days. We work with lenders offering express underwriting for strong borrowers who need faster closings.
You have several low down payment options in Paramount: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Paramount buyers purchase with 3.5% or less down.
A denial doesn't mean you can't buy in Paramount. We review your denial letter, identify the specific issues (credit, DTI, income documentation), and match you with lenders who have more flexible guidelines. Common solutions include FHA loans for credit flexibility, alternative documentation, or co-borrower structures.
As a mortgage broker, we shop your scenario across 50+ wholesale lenders to find the best pricing. Unlike retail banks that only offer their own rates, we show you side-by-side comparisons with identical terms. No junk fees or hidden charges—just transparent pricing.
You work directly with a Senior Loan Officer (15+ years average experience) from application through closing—not a call center. We have local Los Angeles County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Paramount typically run 2-4% of the purchase price. On a $500,000 home, expect $10,000-$20,000 covering appraisal, title insurance, escrow fees, and prepaids. FHA allows sellers to contribute up to 6% toward your closing costs.
Standard documents needed: pay stubs (last 30 days), W-2s (past 2 years), tax returns (past 2 years), bank statements (past 2 months), and photo ID. Self-employed borrowers need business tax returns and P&L statements. We'll provide a complete checklist for your situation.
Typical Paramount closing timeline: 30-45 days from accepted offer. VA/FHA loans may take slightly longer. Cash buyers close in 7-14 days. We work to meet your timeline and coordinate with all parties to close on schedule.
Credit requirements by loan type: FHA accepts 580+ (or 500 with 10% down), conventional starts at 620, VA at 620+. Our zero-down grant program works with 640+. Higher scores (720+) get better rates, but we work with borrowers across the credit spectrum.
2026 Los Angeles County limits: FHA $1,249,125, Conventional $1,249,125. Any loan above $1,249,125 is a jumbo loan. Most Paramount properties fall within conforming limits, maximizing your financing options.
Our No Money Down program offers $0 down payment for qualified Paramount buyers. We also offer our 6-Month Forgivable Grant (covers 3-3.5% down, forgiven after 6 months), CalHFA programs, and local first-time buyer assistance. Unlike CalHFA's 5-year requirements, our programs have no income limits and no first-time buyer requirement.
Yes! Zero-down options for Paramount buyers include: VA loans (eligible veterans), USDA loans (eligible rural areas), and our 6-Month Forgivable Grant Program combined with seller concessions for closing costs. Many Paramount families purchase with minimal upfront cash.
Absolutely—first-time buyers are our specialty in Paramount. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in Los Angeles County, and structure your purchase to minimize upfront costs.
You still have options in Paramount. FHA loans accept credit scores as low as 580 (or 500 with 10% down). We also offer credit improvement strategies and can connect you with rapid rescoring services to boost your score before applying. Many buyers improve 20-50 points within 30 days.
For Paramount's $500,000 median price: FHA is better for credit scores under 680 or down payments under 5%—it's more forgiving on DTI ratios too. Conventional is better with 5%+ down and 700+ credit (lower PMI costs). We compare both options for your specific situation.
The FHA loan limit in Paramount is $1,250,000 for 2025, which is well above the median home price of $553K in the area. This means virtually all homes in Paramount qualify for FHA financing, making it an excellent option for first. time buyers who can put down as little as 3.5%. FHA loans are very popular here since they allow lower credit scores and smaller down payments than conventional loans.
No, you won't need a jumbo loan in Paramount since the conforming loan limit is $1,250,000 and most homes sell between $450K and $600K. The median home price of $553K is less than half the conforming limit, so you'll have access to better rates and terms with conventional, FHA, or VA loans. Jumbo loans are only necessary when you're buying above $1.25M, which is rare in this market.
For 2026, Los Angeles County loan limits are $1,250,000 for conforming, FHA, and VA loans. These limits apply to Paramount and give buyers plenty of purchasing power since the median home price here is $553K. The high loan limits mean you can access competitive financing options without needing a jumbo loan.
Yes, VA loans work excellent in Paramount with a loan limit of $1,250,000 and no down payment required for eligible veterans and service members. Since most homes here are priced between $450K and $600K, you can buy with $0 down and no monthly mortgage insurance. VA loans are one of the best options available if you qualify, offering lower rates and more flexible credit requirements than conventional financing.
Our No Money Down program offers $0 down payment for qualified buyers, which is perfect for Paramount's affordable market. You can also access CalHFA programs that provide up to 3.5% assistance, and Los Angeles County offers additional DPA programs that can often be stacked together. Many first. time buyers in Paramount successfully combine these programs to cover their entire down payment and closing costs.
You can buy a home in Paramount with as little as 3.5% down using an FHA loan, which equals about $19,355 on a $553K median. priced home. Conventional 97 loans also offer 3% down (around $16,590), while VA loans require $0 down if you're eligible. With down payment assistance programs widely available here, many buyers put down even less out of pocket.
You can qualify for an FHA loan in Paramount with a credit score as low as 580 for 3.5% down, or even 500 with 10% down. Conventional loans typically require a 620 minimum score, though you'll get better rates with 680 or higher. Since Paramount attracts many first. time buyers and credit rebuilders, lenders here are experienced working with scores in the 580. 680 range.
Choose a lender experienced with Paramount's affordable market who understands FHA loans and down payment assistance programs that first. time buyers rely on here. Look for someone who can compare multiple loan options (FHA, conventional 97, VA) and help you stack DPA programs to minimize your out. of. pocket costs. You'll want a lender who responds quickly and can close on time, since homes priced around $553K often attract multiple offers in this competitive area.
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