Frank Kenny Real Estate Team · Trusted Financing Guidance
Get Into Your Home Without the Confusion.
We connect South Bay buyers with the right loan programs and trusted lenders — so you know exactly what you can afford before you fall in love with a home.
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Loan Programs
Find the Right Loan for You
Every buyer's situation is different. Here are the most common programs we work with — and which one might fit you best.
Most Popular
Conventional Loan
The standard go-to for buyers with solid credit and steady income. Flexible terms and competitive rates with no upfront mortgage insurance if you put 20% down.
- As low as 3% down payment
- 15 or 30-year fixed terms
- No PMI at 20% down
- Best for good–excellent credit
Min. credit score: ~620+
Low Down Payment
FHA Loan
Government-backed loan designed for first-time buyers or those rebuilding credit. Lower barrier to entry with a smaller down payment requirement.
- As low as 3.5% down
- Credit scores from 580+
- Seller can pay closing costs
- Great for first-time buyers
Min. credit score: ~580+
$0 Down
VA Loan
Exclusively for veterans, active-duty service members, and eligible surviving spouses. One of the best loan programs available — zero down, no PMI.
- Zero down payment
- No private mortgage insurance
- Competitive interest rates
- For veterans & active military
No down payment required
Luxury
Jumbo Loan
For homes priced above the conforming loan limit. Common in the South Bay's higher-value markets where standard loans aren't enough to cover the purchase price.
- Loan amounts over $806,500
- Competitive fixed & ARM rates
- Typically 10–20% down
- Strong credit & reserves needed
Ideal for South Bay luxury homes
$0 Down
USDA Loan
Government-backed program for properties in eligible rural or suburban areas. Zero down payment with affordable rates for qualifying income levels.
- Zero down payment
- Income limits apply
- Geographic area restrictions
- Low mortgage insurance cost
Check if your area qualifies
First-Time Buyer
Down Payment Assistance
State and local programs that help first-time buyers cover the down payment — sometimes as a grant, sometimes as a silent second loan you don't pay back until you sell.
- CalHFA, MyHome, GSFA & more
- Up to 3.5–5% assistance
- Can be combined with FHA
- Income & purchase price limits
Ask Frank — many programs available
The Process
From Curious to Keys — Step by Step
Most buyers don't know where to start with financing. We walk you through it.
1
Talk to Frank First
Before you even look at homes, a quick 15-minute call with Frank helps us understand your goals, timeline, and situation — so we can point you to the right lender and loan type from the start.
Free · No Obligation2
Get Pre-Approved
We connect you with our trusted lending partner. They'll pull your credit, review your income and assets, and issue a pre-approval letter — typically within 24–48 hours. This is what makes sellers take you seriously.
24–48 Hour Turnaround3
Know Your Real Budget
Your pre-approval tells you your max loan amount — but we help you find your comfortable budget. We factor in taxes, insurance, HOA, and maintenance so there are no surprises after you close.
Full Picture Budgeting4
Find the Home
Now the fun part. With financing locked down, you shop with confidence — making competitive offers without hesitation. In South Bay's market, being pre-approved is the difference between getting the home and losing it.
Shop with Confidence5
Close & Get Your Keys
Our team and your lender coordinate every step of the closing process — inspections, appraisal, title, and final loan docs. We're with you until you're holding the keys.
Full Support Through ClosingToday's Rates
Mortgage Rates Move Daily
Rates change every day based on markets, your credit, and loan type. Check Google's live rate tracker for today's numbers — then call Frank to see what you actually qualify for.
Rates are updated in real time by Google
The most accurate place to check today's mortgage rates is directly on Google. Click below to see a live breakdown by loan type — 30-year fixed, 15-year fixed, FHA, VA, and more.
30-Year Fixed
See rate →
15-Year Fixed
See rate →
FHA Loan
See rate →
VA Loan
See rate →
Jumbo Loan
See rate →
Bars are relative — not actual rates. Click each to see today's live number on Google.
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Our Preferred Lender
We Work with the Best in the Business
Preferred Lender — Coming Soon
We partner with a trusted local lender who knows the South Bay market inside and out. Fast pre-approvals, clear communication, and a track record of closing on time — every time. Details coming soon.
🏦 Lender details will be added here
Why Work With Us
We're In Your Corner Every Step.
We Speak Lender
We've been through thousands of transactions. We translate the financial jargon so you always know exactly where you stand.
Fast Pre-Approvals
In South Bay's fast-moving market, being pre-approved is everything. Our lender partner can turn approvals in 24–48 hours.
Right Loan, First Time
We don't guess. We match you to the loan program that fits your situation — saving you money on interest and fees over the life of the loan.
No Pressure, Ever
We're advisors, not salespeople. You'll never feel rushed or pushed into a decision. Frank built this team on honest, no-pressure guidance.
Local South Bay Expertise
We know every neighborhood from Torrance to Manhattan Beach. Local knowledge affects your financing strategy — and we use it.
Full Transaction Support
From pre-approval to closing day, we stay involved — coordinating with your lender, escrow, and title to make sure nothing falls through the cracks.
Common Questions
Financing FAQ
It depends on the loan type. Conventional loans can go as low as 3%, FHA requires 3.5%, and VA and USDA loans require zero down. In the South Bay, where home prices run higher, we also work with buyers using Jumbo loans at 10–20% down. We'll help you find the path that makes the most sense for your savings and goals.
For a Conventional loan, most lenders want a 620 or higher. FHA loans can go as low as 580. VA loans are flexible and don't have a hard minimum set by the VA — though individual lenders may require 580–620. Even if your score isn't perfect, let's talk — there are often more options than buyers expect.
Pre-qualification is a quick estimate based on self-reported information. Pre-approval is a full review — the lender checks your credit, verifies your income and assets, and issues a letter confirming you're approved up to a certain amount. Sellers in South Bay take pre-approval seriously. Pre-qualification alone often won't cut it in a competitive market.
Pre-approval can happen in 24–48 hours once you submit your documents. From accepted offer to close of escrow, a standard purchase typically takes 30–45 days — though we've closed faster when needed. Having your financial documents ready upfront makes a big difference.
Typically: last 2 years of tax returns and W-2s, last 2 months of pay stubs, last 2–3 months of bank statements, a valid photo ID, and information on any other assets (retirement accounts, investment accounts, etc.). Self-employed? You'll also need profit & loss statements. Our lender will walk you through exactly what's needed for your situation.
Absolutely. Self-employed buyers do face additional documentation requirements — lenders typically want 2 years of tax returns and may average your income across those years. Bank statement loans are also an option for self-employed buyers who can show consistent deposits even if their taxable income is lower. We work with buyers in all situations — just call Frank and let's figure it out.
You're never obligated to use a lender recommended by the seller or listing agent. In fact, we always recommend you use a lender we trust and have worked with — someone who communicates clearly, closes on time, and has your best interest in mind. The wrong lender can kill a deal at the last minute. Ours won't.
Let's Get You Pre-Approved
Ready to Find Out What You Can Afford?
A 15-minute call with Frank is all it takes to get the process started. No pressure, no obligation — just honest answers about your options.
Call Frank Directly
Talk to Frank about your goals, timeline, and financing options. He'll point you in the right direction — guaranteed.
(310) 791-0123 →Connect with Our Lender
Get pre-approved fast. Our trusted lending partner knows the South Bay market and closes on time, every time.
Coming Soon — Call Frank →Check Your Home's Value
Already own a home? Find out what it's worth today — you may have more equity to work with than you think.
Get a Free Estimate →
Frank Kenny Real Estate Team · eXp Realty of Greater Los Angeles · DRE #01250123
South Bay Los Angeles, California · www.frankkenny.com
