Company NMLS 1777223 • Company DRE: 02075839
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About Us

First Rate Financial is a leading lender located in Westlake Village, California, in the heart of the Conejo Valley. Since 1989, First Rate is a Mortgage Company known for its superior service, integrity, and experienced loan consultants. We offer a variety of home loan solutions including first-time homebuyer programs with down-payment assistance, FHA and VA, conventional, jumbo and super jumbo and more! This means you can rest assured that we’ll provide you with a competitive loan that meets your unique needs. Providing a loan to a client is just the beginning of a financial relationship. We believe that First Rate Financial Group is here to satisfy YOUR needs, not just ours. Our goal is to create a “Client for Life.”​ We pride ourselves in offering astute financial advice and the highest level of customer service. We make the process of purchasing or refinancing your loan as simple and worry-free as possible. Whether you are purchasing a new property or you want to refinance for a lower mortgage rate, get a new home mortgage, home equity loan or second mortgage, we are confident that we will satisfy your needs. By putting you first, we assure you a pleasurable transaction.

Loan Programs

Fixed Rate Mortgage
A mortgage in which the interest rate is fixed for the term of the loan. Terms include 30, 20, 15 or 10 years.
Adjustable Rate Mortgage
A mortgage in which the interest rate is adjusted periodically based on a pre-selected index and margin.
Hybrid Adjustable Rate Mortgage
A mortgage in which the interest rate is fixed for a predetermined period of time, like three, five, seven or 10 years. After the predetermined period of time, the loan converts to an adjustable rate mortgage (ARM) for the remaining term of the loan.
Conventional Loan
Conventional loans are not insured by any government program, and they are the most common type of mortgage. Conforming conventional loans follow the loan amount guidelines set by Fannie Mae and Freddie Mac. Nonconforming loans don't meet those guidelines, but are still considered conventional. Conventional loans often have higher down payment requirements than government-sponsored loans like FHA and USDA.
VA Loan
Mortgage loans available to eligible US veterans. VA guaranteed loans are made by private lenders, such as banks or mortgage companies, for the purchase of a home for a buyer’s own personal occupancy. These loans offer competitive rates and require little or no down payment.
FHA Loan
A loan insured by the Federal Housing Administration open to all qualified home purchasers. While there are limits to the size of FHA loans, they are generous enough to handle moderately-priced homes almost anywhere in the country. FHA loans offer a low down payment and more flexibility than many other types of financing.
USDA Rural Home Loan
Loans guaranteed by the USDA remain one of the few nationally offered loan programs available with no down payment. The program’s requirements mandate that both the property and borrower must qualify. These requirements are dependent on the physical location of the property and the maximum household income.
Reverse Mortgages
A homeowner relinquishes equity in their home in exchange for regular payments, typically to supplement retirement income.

Client Reviews

The Latest News

FOMC Statement: Fed Holds Steady On Its Interest Rate Range
December 11, 2019
The Federal Open Market Committee of the Federal Reserve announced its unanimous decision not to change to the current target federal funds range of 1.50 to 1.75 percent. The committee's customary post-meeting statement said the decision not to change the Fed's target range for federal funds was based on factors including a strong labor market, moderate economic growth, continued job growth, and low unemployment.
How Much Do I Need To Start Investing In Real Estate?
December 10, 2019
It is important for everyone to diversify their investments and one of the assets that people often look toward is real estate. In a healthy market, real estate should appreciate in value.
Can A Reverse Mortgage Impact Your Social Security Or Medicare Benefits?
December 10, 2019
One of the most common worries that people have is money. When it comes to those golden retirement years, many people worry about running out of money. At the same time, most people who reach their retirement years have a lot of equity in their home.

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Any questions? Don't hesitate to call us at (818) 707-4131 or leave us a message through our contact form. We'll be in touch as soon as possible!