Mortgage Loans in Torrance

Home Purchase Loan Options

The right mortgage depends on the borrower, property and transaction. We can help you compare available options, including:

Conventional Loans

Traditional conforming and conventional financing for primary residences, second homes and investment properties, subject to applicable program guidelines.

Learn About Conventional Loans

FHA Loans

Government-insured financing that may provide more flexible qualification and down-payment options for eligible borrowers.

Learn About FHA Loans

VA Loans

Purchase financing for eligible veterans, active-duty service members and certain surviving spouses.

Learn About VA Loans

Jumbo Loans

Financing for higher-priced homes when the loan amount exceeds applicable conforming loan limits or when a jumbo structure otherwise fits the transaction.

Learn About Jumbo Loans

Reverse Mortgages for Purchase

Eligible homebuyers age 62 and older may be able to use a reverse mortgage to purchase a new primary residence, combining a down payment with reverse-mortgage proceeds, subject to program requirements.

Learn more about Reverse Mortgages

Specialty / Non-Conventional Financing

Additional programs may be available for self-employed borrowers, investors, unique income situations, higher-debt ratios, alternative documentation, and other circumstances that may not fit standard agency guidelines.

View Additional Loan Programs
Mortgage Home Loan

How the process works

1

Documentation

There are a few critical documents we will need to verify to start your process.  Learn More
2

Appraisal

The appraisal insures the home you are buying is worth the price that is being offered. Learn More
3

Initial Underwriting

The Underwriter will verify that all information is accurate and authentic. Learn More
4

Conditional Approval

Conditional Approval is granted when the Underwriter approves the loan under certain conditions. Learn More
5

Clear To Close

The Underwriter verifies that all documentation has been provided and all conditions have been met. Learn More
6

Closing

Signing the final documentation and receiving the keys to your new home! Learn More

Documentation:

Appraisal:

Underwriting:

Conditional Approval:

Clear to Close:

Closing:

All About Torrance

Torrance, California

Area and Location:
Torrance covers roughly 21 square miles (12,312 acres) and is situated in south western Los Angeles County, bounded by the Pacific Ocean on the west. Torrance has 1.5 miles of lifeguard-patrolled beach, bath-house facilities and public parking. It also has 550 miles of sidewalks.

Population:
Incorporated in 1921, the population of Torrance is 146,860 with a peak daytime population that grows to 250,000 or more. Torrance is the eighth largest city in Los Angeles County and the 33rd largest city in California. Source

Things To Do In Torrance:

Come Spend A Day In Torrance!

Torrance, California, is the ideal location to stay for your Southern California vacation.
Discover Torrance for a getaway that’s filled with well-crafted experiences and well-kept secrets. Home to innovative craft breweries, leisurely shopping, exciting cuisine and an uncrowded local beach, Torrance comes alive with an easy-going, welcoming spirit all its own. A safe community ideally located in the SoCal landscape, Torrance is a hidden gem that’s also conveniently located within close proximity to popular Los Angeles attractions and destinations. Source

Education in Torrance

About Torrance Educational System

The Torrance Education Foundation promotes and supports academic excellence for pre-kindergarten through 12th grade students in the Torrance Unified School District. TEF recognizes outstanding teachers and education contributors, develops strategic alliances with business organizations, parents and the community; nurtures innovation and curiosity; and champions an inspirational, well-rounded education for all young people served by the TUSD.

TEF Mission: To enrich the educational experience for students of the Torrance Unified School District.

TEF Vision: The Torrance Education Foundation is an essential link between the Torrance community and our students’ educational experience. Source

Torrance Image Gallery

History of Torrance:

Torrance is rich in history!

The City of Torrance is located in southwest Los Angeles County in a region known as the South Bay. A municipality with the eighth largest population in Los Angeles County, the City is bordered on the southwest by one mile of beach, on the west by the City of Redondo Beach, on the north by the community of Lawndale, on the east by the Cities of Los Angeles’ Harbor Gateway and Gardena, and on the south by the communities of the Palos Verdes Peninsula. The City is part of the greater suburban Los Angeles area. Prior to 1912, Torrance was part of a Spanish land grant belonging to the Dominguez family. The land was largely unpopulated, open, dusty plain. By 1912, a real estate developer from Pasadena named Jared Sidney Torrance had purchased 2800 acres to make his vision of a “Modern Industrial City” a reality. Police services during this period were provided by Los Angeles County in the form of a Constable stationed in Lomita. During these early years, the City’s physical layout followed Jared Sydney Torrance’s master plan. Source

Torrance’s Neighborhood

Check out Torrance’s Neighborhood

Torrance covers roughly 21 square miles (12,312 acres) and is situated in south western Los Angeles County, bounded by the Pacific Ocean on the west. Torrance has 1.5 miles of lifeguard-patrolled beach, bath-house facilities and public parking. It also has 550 miles of sidewalks.

The City of Torrance has a Class 1 rated Fire Department with 159 sworn fire employees and six fire stations. The Police Department includes 241 sworn police employees, one main police station, one police substation and three police community centers.

Torrance is proud to serve the community with a robust Public Library system that includes six libraries. The City also has 46 Park and Recreation facilities, offering a range of activities and amenities.

Incorporated in 1921, the population of Torrance is 146,860 with a peak daytime population that grows to 250,000 or more. Torrance is the eighth largest city in Los Angeles County and the 33rd largest city in California. Source