Mortgage Lender in La Quinta, CA
Founded in 1995 and based in La Quinta since 2017, Choice One Mortgage brings over three decades of mortgage expertise to every home loan we originate from our Main Street office in Old Town La Quinta.
Buying a home in La Quinta means choosing a community known for its stunning mountain views, championship golf courses, and a relaxed desert lifestyle that draws families, retirees, and professionals from across California. Whether you are purchasing your first home near La Quinta High School, upgrading to an estate in PGA West, or refinancing a condo at The Quarry, Bill Lewis and the team at Choice One Mortgage provide the local knowledge and personal service that big banks simply cannot match.
Our office is located at 78015 Main Street, Suite 201 — right above Stuft Pizza in the heart of Old Town La Quinta. We invite you to stop by, or call (310) 614-5920 for a free, no-obligation loan analysis.
Free Loan Analysis • No Obligation • 30+ Years Experience
The La Quinta Housing Market
La Quinta is one of the most diverse real estate markets in the Coachella Valley, with home prices ranging from condos and townhomes in the mid-$300,000s to multi-million-dollar estates in gated golf communities. This range means there is a mortgage solution for nearly every buyer — from FHA loans for first-time purchasers to jumbo financing for luxury properties.
What makes La Quinta unique among desert cities is the sheer variety of its neighborhoods. You will find master-planned communities with mountain views, gated country club developments built around Jack Nicklaus and Greg Norman golf courses, and established family neighborhoods with access to top-rated schools in the Desert Sands Unified School District.
The city has also seen significant growth in its commercial corridor along Highway 111 and Washington Street, attracting new restaurants, retail, and medical facilities. This economic development supports strong property values and makes La Quinta an appealing choice for both owner-occupants and real estate investors.
La Quinta Neighborhoods We Serve
PGA West
One of the premier golf communities in the desert, featuring multiple championship courses, resort-style amenities, and homes ranging from $500K condos to $5M+ estates. Jumbo loan programs are frequently used here.
The Quarry at La Quinta
A private, gated community carved into the Santa Rosa Mountains with dramatic views. Homes here often require jumbo financing, and we have extensive experience with the unique appraisal considerations in this community.
Tradition
A popular Arnold Palmer-designed golf community with a strong HOA and active social scene. A mix of condos, townhomes, and single-family homes makes this community accessible to a range of budgets.
Old Town La Quinta & The Cove
The cultural heart of the city, home to the La Quinta Art Festival and surrounded by hiking trails into the Santa Rosa Mountains. Homes in The Cove area are highly sought after for their mountain proximity and walkability to Old Town shops and restaurants.
SilverRock
The newest major development in La Quinta, anchored by the SilverRock Resort and the future home of a Montage luxury hotel. New construction homes here represent an exciting opportunity for buyers who want to be part of La Quinta’s next chapter.
North La Quinta & Washington Street Corridor
More affordable neighborhoods north of Highway 111, popular with young families and first-time homebuyers. FHA and conventional low-down-payment loans are common in this area, with single-family homes often priced between $350K and $550K.
Home Loan Programs Available in La Quinta
As a mortgage broker, Choice One Mortgage works with dozens of wholesale lenders to find the best rate and program for your specific situation. Here are the loan products we most commonly originate for La Quinta homebuyers and homeowners:
Conventional Loans
The most popular option for La Quinta buyers with good credit and at least 3% down. The 2026 conforming loan limit for Riverside County is $766,550, which covers the majority of single-family homes in North La Quinta and many properties in PGA West and Tradition. Buyers with 20% down avoid private mortgage insurance entirely.
Jumbo Loans
For La Quinta’s luxury market — PGA West estates, The Quarry, and high-end SilverRock properties — homes frequently exceed the conforming limit. Our jumbo loan programs offer competitive rates with as little as 10% down for well-qualified borrowers. We work with specialty lenders who understand the desert luxury market and can handle unique appraisal situations.
FHA Loans
An excellent option for first-time buyers in La Quinta’s more affordable neighborhoods. With just 3.5% down and flexible credit requirements, FHA loans make homeownership accessible to families who might not qualify for conventional financing. On a $450,000 home in North La Quinta, the FHA down payment is just $15,750.
VA Loans
La Quinta is home to many veterans and active-duty military families. VA loans offer zero down payment and no monthly mortgage insurance — a significant advantage in a market where saving for a down payment can be challenging. We are experienced VA loan originators and understand the unique requirements of VA appraisals.
Reverse Mortgages
Many La Quinta residents are retirees who have built significant home equity over the years. A reverse mortgage allows homeowners age 62 and older to convert that equity into tax-free income without making monthly mortgage payments. This can be a powerful retirement planning tool, and we take the time to explain how it works in plain language.
Non-QM Loans
La Quinta attracts self-employed entrepreneurs, real estate investors, and retirees with significant assets but non-traditional income. Our non-QM programs include bank statement loans, DSCR investor loans, and asset depletion programs that qualify borrowers based on their true financial picture rather than rigid W-2 requirements.
Refinancing
Whether you want to lower your rate, shorten your loan term, or tap into your home’s equity, we can help La Quinta homeowners evaluate their refinancing options. Our Refinance Scenario Builder lets you compare different scenarios side by side.
Why Choose a Local La Quinta Mortgage Lender?
When you work with a national online lender, you are one of thousands of loan files being processed in a call center. When you work with Choice One Mortgage, you are working directly with Bill Lewis — a La Quinta resident and licensed mortgage professional with over 30 years of experience.
Here is what that means for your home purchase or refinance:
- Local market knowledge — We know which La Quinta neighborhoods hold their value, which communities have HOA issues that affect financing, and which appraisers understand the desert market.
- Direct communication — You will have Bill’s cell phone number. When you have a question at 7pm on a Tuesday, you will get an answer — not a voicemail tree.
- Faster closings — Because we work with local title companies and have established relationships with appraisers who know the Coachella Valley, our average closing time is significantly shorter than national lenders.
- Honest advice — If refinancing does not make financial sense for you, we will tell you. If a particular loan product is not in your best interest, we will steer you away from it. Our business is built on referrals from satisfied clients, not on volume.
No cost • No obligation • Response within 24 hours
Frequently Asked Questions About La Quinta Mortgages
What is the conforming loan limit in La Quinta for 2026?
The 2026 conforming loan limit for Riverside County, which includes La Quinta, is $766,550 for a single-family home. Homes priced above this amount require a jumbo loan. Choice One Mortgage offers competitive jumbo loan programs for La Quinta’s luxury market, including PGA West, The Quarry, and SilverRock.
How much do I need for a down payment on a home in La Quinta?
Down payment requirements depend on the loan type. Conventional loans require as little as 3% down, FHA loans require 3.5%, and VA loans offer zero down for eligible veterans. For a $500,000 home in La Quinta, a 3% conventional down payment would be $15,000, while a 20% down payment (to avoid PMI) would be $100,000. We help you evaluate which option makes the most financial sense for your situation.
Can I get a mortgage in La Quinta if I am self-employed?
Yes. Many La Quinta residents are self-employed business owners, consultants, or entrepreneurs. Our non-QM bank statement loan programs qualify you based on 12 to 24 months of bank deposits rather than tax returns. This is especially valuable for self-employed borrowers whose tax write-offs reduce their reported income below what they actually earn. Call us at (310) 614-5920 to discuss your specific situation.
Does Choice One Mortgage handle La Quinta condo loans?
Yes. La Quinta has many condo and townhome communities, particularly in PGA West, Tradition, and along the Highway 111 corridor. Condo financing has specific requirements around HOA financial health and owner-occupancy ratios. We regularly finance condos in La Quinta and are familiar with the HOA documentation requirements for the major communities.
How long does it take to close on a home in La Quinta?
Our typical closing timeline is 25 to 35 days from accepted offer, which is faster than the national average of 45 days. Because we work with local appraisers who know the La Quinta market and local title companies who understand desert property requirements, we can often accelerate the process. Having your pre-approval completed before making an offer is the single best way to speed up closing.
Serving All of the Coachella Valley
While our office is based in La Quinta, we proudly serve homebuyers and homeowners throughout the Coachella Valley and all of Southern California. Click below to learn about mortgage options in nearby communities:
Choice One Mortgage Company, Inc. | NMLS 233784 | CA DRE 01238593
Bill Lewis | NMLS 284797 | 78015 Main Street, Suite 201, La Quinta, CA 92253 | (310) 614-5920
Equal Housing Lender. Subject to credit and property approval. This is not a commitment to lend.