Laguna Beach Mortgage and Mortgage Brokers


About Laguna Beach


Laguna Beach is a seaside resort city located in southern Orange County, California. The city had a population of 22,991 in the latest estimate in 2018. To its northeast lies Laguna Woods, Laguna Niguel to the east, and Laguna Hills to the northeast. Tourism is the primary industry in Laguna Beach with an estimated six million people visiting annually.


Laguna Beach Mortgage Statistics


According to the US Census Bureau, there were 4,377 owner occupied housing units with an active mortgage in Laguna Beach in 2018. The number of individuals with either a second mortgage or a home equity loan during the period was 1,098, with a majority having home equity loans than a second mortgage. The median value of mortgaged homes during the period was $1,733,900. According to Zillow, the current median list price per square foot in Laguna Beach is $1,207, which is higher than the Los Angeles-Long Beach-Anaheim Metro average of $444.


Value Estimate
Owner-occupied housing units with a mortgage 4,377
Less than $50,000 36
$50,000 to $99,999 0
$100,000 to $299,999 60
$300,000 to $499,999 40
$500,000 to $749,999 308
$750,000 to $999,999 399
$1,000,000 or more 3,534
Median (dollars) 1,733,900
With either a second mortgage, or home equity loan, but not both 1,098
Second mortgage only 62
Home equity loan only 1,036
Both second mortgage and home equity loan 15
No second mortgage and no home equity loan 3,264


Laguna Beach Mortgage Rates


As of Wednesday, February 12, 2020, the average mortgage rates in Laguna Beach was 3.87% for a 30-year fixed mortgage, 3.32% for a 15-year period, and 3.60% for a 5/1 ARM mortgage. The previous rates in January were 3.75% for a 30-year fixed mortgage, 3.23% for a 15-year mortgage, and 3.68% for a 5/1 ARM.


Period Average
30-Year Fixed 3.87%
15-Year Fixed 3.32%
5/1 ARM 3.60%


Mortgage Brokers in Laguna Beach, Laguna Hills, Laguna Woods, and Laguna Niguel


Mortgage brokers act as a middleman between the borrower and the mortgage lender or bank. A broker helps his clients qualify for a home loan and help them shop for the best rates from different lenders, as well as help prepare the necessary documents. Besides helping with paperwork, brokers can test different scenarios with the use of mortgage calculators to determine the most suitable loan structure. Home buyers who are not familiar with the mortgage process can seek the help of a broker in giving them expert advice.


Loanbox Mortgage is a Laguna Beach mortgage broker but we serve all of Orange County and Los Angeles, including Laguna Hills, Laguna Woods, and Laguna Niguel We use our custom digital tools and solutions to make the mortgage process faster and more transparent. We have eliminated outdated systems, unnecessary fees and delays in the mortgage process. We care about our customers and look forward to finding you the best mortgage at your preferred best rate and term. Whether you are looking to buy a new home or refinance your existing mortgage, our local mortgage brokers can help.


Need help with purchasing a new home or refinancing an existing mortgage? Get a free personalized quote here.