West Capital Lending Mortgage Review

Key Figures

• Loan Types: Conventional, FHA, VA, Non-QM, HELOC, Home Equity, Reverse Mortgage, Interest-Only
• Loan Products: Purchase, Refinance, Cash-out, Investment Property Loans
• Minimum Credit Score: Typically 620 for conventional loans; varies by product
• Repayment Terms: 10–30 years, depending on loan type

How It Works

1. Initial Inquiry: Prospective borrowers begin by completing an online questionnaire detailing loan type, property information, and personal financial data.
2. Pre-Qualification: Based on the initial information, a loan originator contacts the applicant to discuss potential loan options and gather necessary documentation.
3. Application Submission: Applicants submit required documents, such as income verification and credit history, for formal review.
4. Loan Processing: The application undergoes underwriting, where eligibility and terms are assessed.
5. Closing: Upon approval, closing documents are prepared, and the loan is finalized.

Types of Loans

West Capital Lending provides a variety of mortgage products:

• Conventional Loans: Standard loans not backed by government agencies, suitable for borrowers with stable income and good credit.
• FHA Loans: Government-insured loans with lower down payment requirements, ideal for first-time homebuyers.
• VA Loans: Loans guaranteed by the Department of Veterans Affairs, available to eligible veterans and active-duty service members.
• Non-QM Loans: Loans for borrowers with non-traditional income documentation, such as self-employed individuals.
• HELOCs and Home Equity Loans: Options for homeowners to access equity for various financial needs.
• Interest-Only Loans: Loans where borrowers pay only interest for a set period, potentially lowering initial payments.

Loan Features

• Flexible Down Payments: Options as low as 3% for qualified borrowers.
• Alternative Income Verification: Non-QM loans allow for bank statement-based income verification.
• Investor-Friendly Products: Loans tailored for investment properties, including DSCR loans.
• Quick Closing Times: Some loans close in as few as 3 business days.
• Dedicated Loan Officers: Personalized assistance throughout the loan process.
• Online Application: Secure and user-friendly online application process.
• Mobile Notary Services: Convenient document signing options.

Rates and Terms

West Capital Lending does not publish specific rate information online, as rates vary based on individual borrower profiles, loan types, and market conditions. Repayment terms typically range from 10 to 30 years, depending on the selected loan product. Borrowers are encouraged to contact the company directly to obtain personalized rate quotes and terms.

Summary

West Capital Lending offers a comprehensive suite of mortgage products designed to meet diverse borrower needs. Their range of loan options, including government-backed and non-traditional loans, combined with personalized service, positions them as a versatile choice for various home financing scenarios. While the lack of online rate information and live chat support may require additional steps for prospective borrowers, the company's broad offerings and dedicated assistance provide valuable resources for those seeking mortgage solutions.

Contact West Capital Lending

• Phone: (855) 620-0238
• Email: info@westcapitallending.com
• Address: 24 Executive Park, Ste 250, Irvine, CA 92614

Methodology

This review was compiled using information from West Capital Lending's official website, customer reviews, and third-party financial resources. All information has been verified for accuracy and compliance with RESPA and CFPB guidelines.

Disclaimer:

AI was used in the generation of this content, along with human verification.