Mortgage Lender in Marina Del Rey, CA
Serving Marina Del Rey homebuyers since 1995, Choice One Mortgage specializes in the condo financing, jumbo loans, and investment property programs that buyers in the world’s largest man-made small boat harbor demand.
Marina del Rey is unlike any other community in Los Angeles. Built around the world’s largest man-made small boat harbor — home to more than 5,000 boats — this unincorporated LA County enclave combines waterfront luxury living with walkable dining and immediate access to the Silicon Beach tech corridor in Playa Vista. Luxury condos with marina views sit alongside charming walk-street homes on the peninsula.
The housing market is heavily weighted toward condominiums, which creates distinct financing considerations. Condo loans require HOA reserve review, owner-occupancy ratio checks, and project approval that many lenders handle poorly. As a mortgage broker with over 30 years of experience, Bill Lewis knows exactly which lenders approve which complexes and how to navigate warrantability issues.
With condos ranging from $600,000 to $2 million and houses from $1.5 million to $4 million or more, Marina del Rey buyers need a lender who handles everything from conventional condo financing to jumbo loans and DSCR investment programs. That is what we do.
Call (310) 614-5920 for a free, no-obligation consultation tailored to your situation.
Free Loan Analysis • No Obligation • 30+ Years Experience
The Marina Del Rey Housing Market
Marina del Rey is an unincorporated LA County community spanning approximately 807 acres, with the harbor occupying a significant portion. What makes this market distinctive is the dominance of condominiums — the community was developed primarily in the 1960s through 1980s, with most construction taking the form of condo and apartment complexes. While single-family homes exist on the Marina Peninsula, the vast majority of transactions involve condos. This requires a lender who understands warrantability requirements, FHA condo approval, and portfolio lenders for non-warrantable projects.
The 2026 LA County conforming loan limit is $1,209,750. Many Marina del Rey condos fall within this limit, but premium waterfront units, penthouses, and single-family homes typically require jumbo financing. The area also has a significant investment property market, driven by proximity to Silicon Beach employers like Google, Snap, and Facebook in Playa Vista.
Marina Del Rey Neighborhoods We Serve
Marina Peninsula
The most exclusive residential area in Marina del Rey, featuring charming walk-street homes just steps from Venice Beach. These single-family properties are among the few houses in the community, with prices ranging from $2 million to $4 million or more. Jumbo financing is standard here. The walk-street lifestyle — no through traffic, neighbors who know each other, beach access in minutes — commands a significant premium.
Admiralty Way Corridor
The main artery through Marina del Rey, Admiralty Way is lined with some of the community’s most desirable condo complexes offering direct harbor views. Condos along this corridor range from $700,000 to $1.8 million depending on size, views, and building amenities. Many of these complexes are warrantable for conventional financing, though some older buildings may require portfolio lending — we know which is which.
Fiji Way and Fisherman’s Village
The western end of Marina del Rey near the harbor entrance, where Fisherman’s Village provides waterfront dining and shopping. Residential properties in this area include both condos and townhomes ranging from $650,000 to $1.5 million. The proximity to the breakwater and channel entrance offers some of the best views in the marina. Both conventional and jumbo loan programs work well depending on the specific property.
Tahiti Way Condos
A concentrated area of condo complexes along Tahiti Way, offering a range of price points from $600,000 to $1.2 million. These buildings vary in age, amenities, and HOA structure, which affects financing options. Some complexes have strong reserves and high owner-occupancy ratios, making them easy to finance conventionally. Others may require more specialized lending — we evaluate each building individually.
Mindanao Way Area
Located along the southern edge of the harbor, Mindanao Way features several well-maintained condo communities with boat slip access and harbor views. Prices range from $700,000 to $1.6 million. The boat slip component adds both value and financing complexity — we work with lenders who understand how to appraise and finance properties with deeded or assigned slip rights.
Burton Chace Park and Oxford Basin
Properties near Burton Chace Park and the Oxford Basin area enjoy green space and waterfront access in the heart of the marina. Condos here range from $650,000 to $1.4 million. Burton Chace Park hosts community events throughout the year, making this area popular with buyers who want an active, social lifestyle. The mix of price points means both conventional and jumbo loans are used depending on the unit.
Home Loan Programs for Marina Del Rey Buyers
As a mortgage broker, Choice One Mortgage is not limited to a single bank’s products. We search dozens of wholesale lenders to match Marina del Rey buyers with the optimal loan program. Here are the programs most relevant to this market:
Condo Financing Expertise
The most critical skill for a Marina del Rey lender. Condo financing involves HOA financial review, owner-occupancy ratios, litigation checks, and warrantability determinations. We maintain current knowledge of which Marina del Rey complexes are approved by Fannie Mae, Freddie Mac, FHA, and VA — and for non-warrantable buildings, we have portfolio lenders who will finance them.
Jumbo Loans
For Marina Peninsula homes, waterfront penthouses, and premium units above the $1,209,750 conforming limit, we offer competitive jumbo programs with flexible terms and lenders experienced in high-value condo appraisals.
Conventional Loans
Most Marina del Rey condo purchases fall within the conforming limit. We offer rates from multiple competing lenders, and buyers with 20% down avoid PMI entirely. High-balance conventional loans up to $1,209,750 are well suited to this market.
Non-QM Loans
Tech professionals, entrepreneurs, and business owners with non-traditional income benefit from our bank statement loans, asset depletion loans, and P&L statement programs — available for both primary residences and investment properties.
DSCR and Investment Property Loans
DSCR programs qualify based on rental income rather than personal income — ideal for investors with multiple properties or complex tax returns. We also offer conventional investment property financing at competitive rates.
VA Loans
Veterans enjoy zero down payment and no monthly mortgage insurance, including for condos in VA-approved complexes. We check VA approval status for specific buildings before you make an offer.
Why Marina Del Rey Buyers Choose a Mortgage Broker
- Condo approval expertise — We know which buildings are warrantable, which have issues, and which lenders finance non-warrantable projects.
- Multiple lender access — We shop across dozens of wholesale lenders. On a $1 million condo, even a small rate difference saves thousands.
- Investment property programs — DSCR, conventional investor, and portfolio programs that single-bank lenders do not have.
- Silicon Beach income solutions — Stock options, RSUs, and startup compensation are common here. We know which lenders handle these favorably.
- 30+ years of experience — Bill Lewis has been originating mortgage loans since 1995. One point of contact from application through closing.
No cost • No obligation • Response within 24 hours
Frequently Asked Questions About Marina Del Rey Mortgages
What special considerations apply to financing a condo in Marina Del Rey?
Condo financing requires the complex to meet lender requirements: adequate HOA reserves, acceptable owner-occupancy ratios, no pending litigation, and proper insurance. “Warrantable” buildings qualify for conventional financing; “non-warrantable” buildings require portfolio lenders. We maintain current knowledge of Marina del Rey complexes and quickly determine which options are available for your building.
What is the conforming loan limit in Marina Del Rey for 2026?
The 2026 LA County conforming limit is $1,209,750. Many Marina del Rey condos fall within this limit for conventional financing. Premium waterfront units, penthouses, and Marina Peninsula homes typically require jumbo financing. We offer both from multiple competing lenders.
Can I finance an investment property condo in Marina Del Rey?
Yes. We offer conventional investment loans (15% to 25% down), DSCR loans that qualify on rental income, and portfolio programs for non-warrantable investment condos. Call (310) 614-5920 to discuss your strategy.
Do I need a jumbo loan to buy in Marina Del Rey?
Not necessarily. Many condos priced between $600,000 and $1.2 million fall within the conforming limit, offering lower rates and more flexible qualification than jumbo programs. Marina Peninsula homes and premium waterfront units do require jumbo financing. We evaluate each property individually.
How does Marina Del Rey’s status as unincorporated LA County affect my mortgage?
Minimal impact on financing. The same LA County conforming limits and lender guidelines apply. Property taxes are assessed by LA County rather than a city. The more relevant factor is the condo-heavy market, which requires lender expertise in project review — exactly where our broker experience becomes most valuable.
Serving Marina Del Rey and the Greater South Bay
Choice One Mortgage has been serving homebuyers throughout the South Bay and coastal Los Angeles since 1995. We work with buyers and homeowners in Marina del Rey and all surrounding communities across the region.
Choice One Mortgage Company, Inc. | NMLS 233784 | CA DRE 01238593
Bill Lewis | NMLS 284797 | (310) 614-5920
Equal Housing Lender. Subject to credit and property approval. This is not a commitment to lend.