×

Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in California
  4. Torrance
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Torrance, CA

How much house can you afford in Torrance? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Torrance

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Thessy Onyenedum – Mortgage Loan Officer, Atesa Real Estate, Inc.

Specializing in a broad range of mortgage options, including loans for self-employed individuals and investors, this team focuses on educating clients to help them secure favorable rates. They handle everything from conventional and government-backed loans to refinancing and alternative financing, with a reputation for responsiveness and clear communication throughout the process.

View Profile
(310) 803-2512
Open 00:00 - 23:59
21151 S Western Ave Suite 255, Torrance, CA 90501
2

Anouheh Moghaddam Group (AMG) - Powered by Movement Mortgage

Anouheh Moghaddam Group (AMG) specializes in guiding homebuyers through the mortgage process with clear communication and personalized support. Powered by Movement Mortgage, they offer tailored loan options, helpful online calculators, and efficient handling of paperwork. Clients appreciate the team’s responsiveness and thoroughness, though some note the process requires careful attention to each… more...

Anouheh Moghaddam Group (AMG) specializes in guiding homebuyers through the mortgage process with clear communication and personalized support. Powered by Movement Mortgage, they offer tailored loan options, helpful online calculators, and efficient handling of paperwork. Clients appreciate the team’s responsiveness and thoroughness, though some note the process requires careful attention to each step.

Services & Prices
Home Purchase Loan Quoted per loan
Refinancing Loan Quoted per loan
VA Loan Quoted per loan
View Profile
(310) 208-1988
Open 7:00 AM - 9:00 PM
23740 Hawthorne Blvd 2nd floor, Torrance, CA 90505
General Services
Loan Services
3

Cal Fed Mortgage

Cal Fed Mortgage specializes in guiding clients through a variety of home loan options, including conventional, FHA, VA, and renovation mortgages. The team is known for clear communication, quick closings, and personalized support, helping borrowers navigate complex financial situations with patience and responsiveness. Some customers note occasional delays in document requests but appreciate the… more...

Cal Fed Mortgage specializes in guiding clients through a variety of home loan options, including conventional, FHA, VA, and renovation mortgages. The team is known for clear communication, quick closings, and personalized support, helping borrowers navigate complex financial situations with patience and responsiveness. Some customers note occasional delays in document requests but appreciate the overall smooth process.

Services & Prices
Home Purchase Financing Quoted per loan
Home Refinance Quoted per loan
Private Money Loans Quoted per loan
View Profile
(310) 378-2858
Closed Now
24214 Hawthorne Blvd, Torrance, CA 90505
General Services
Mortgage Financing
4

Finance West Lending Inc

Finance West Lending Inc specializes in Non-QM loans, offering tailored mortgage options for borrowers with unique financial situations. Their services include a broad range of loan programs such as VA, FHA, Jumbo, and investor loans, along with tools to help clients plan finances. Customers appreciate the team’s expertise and personalized guidance, though some note occasional communication… more...

Finance West Lending Inc specializes in Non-QM loans, offering tailored mortgage options for borrowers with unique financial situations. Their services include a broad range of loan programs such as VA, FHA, Jumbo, and investor loans, along with tools to help clients plan finances. Customers appreciate the team’s expertise and personalized guidance, though some note occasional communication inconsistencies.

View Profile
(310) 373-2000
Closed Now
24445 Hawthorne Blvd Ste 201, Torrance, CA 90505
5

Fernando Diaz

Known for clear communication and honest guidance, Fernando Diaz specializes in helping clients navigate complex mortgage situations with patience and thoroughness. The team handles everything from loan approvals to market updates, earning praise for reliability and straightforward service, though some may find the process detailed and careful rather than fast-paced.

View Profile
(310) 784-8082
Closed Now
2790 Skypark Dr Suite 210, Office 207, Torrance, CA 90505
Where they are 10 on the map Click a pin for the profile and directions
6

Athena Paquette, Mortgage Advisor

Specializing in Veterans Affairs (VA) loans and refinancing, Athena Paquette offers personalized mortgage advice backed by years of experience. The team guides clients through various loan options with clear communication and reliable support, though some may find the process detailed. Many appreciate the accessibility and practical guidance provided throughout.

Services & Prices
Home Purchase Loans Quoted per loan
Home Refinance Loans Quoted per loan
VA Loans Quoted per loan
View Profile
(310) 218-6855
Closed Now
21250 Hawthorne Blvd 5th Floor, Torrance, CA 90503
General Services
Mortgage Services
7

Harman Sudwal - Mortgage Director @ UNITED ONE MORTGAGE, TORRANCE

UNITED ONE MORTGAGE is known for clear guidance and responsive support throughout the loan process. The team offers mortgage services that aim to make financing straightforward and less stressful. Customers appreciate their availability and communication, though some note the process can still require patience.

View Profile
(310) 270-8394
Closed Now
22939 Hawthorne Blvd Ste 204, Torrance, CA 90505
8

Henry Munoz - Real Estate Broker and Mortgage Loans

Henry Munoz offers expertise in both real estate brokerage and mortgage loans, handling complex situations like probate, trusts, and divorce buyouts. The team assists with residential and commercial transactions, guiding clients patiently through each step. Customers appreciate clear communication and thorough attention to detail throughout the process.

Services & Prices
Mortgage Loan Originating Quoted per loan
Loan Modification Quoted per loan
Refinancing Quoted per loan
View Profile
(213) 460-1002
Closed Now
21250 Hawthorne Blvd Suite 500, Torrance, CA 90503
General Services
Mortgage Loan Services
9

American California Financial Inc.: Andre Hemmersbach

American California Financial Services has been providing mortgage solutions since 1981, offering a wide range of loan programs including conventional, FHA, VA, and specialized products like reverse mortgages. Their experienced team guides clients through every step, with many appreciating their patience and clear communication during the homebuying process.

Services & Prices
Market Condition Analysis Quoted per loan
Best Rate Identification Quoted per loan
Loan Option Comparison Quoted per loan
View Profile
(310) 713-3100
Closed Now
3838 W Carson St #109, Torrance, CA 90503
General Services
Mortgage Services
10

American California Financial Services, Inc.

With over four decades of experience, American California Financial Services specializes in a wide range of mortgage programs, including conventional, FHA, VA, HELOCs, and reverse mortgages. Their loan officers are known for guiding clients through complex processes with personalized support, though some customers have noted occasional communication challenges.

View Profile
(310) 540-1330
Closed Now
3838 W Carson St #109, Torrance, CA 90503

Torrance Mortgage Statistics

Home-purchase lending in Los Angeles County and home costs in Torrance, CA (latest HMDA and Census data)

Lenders made 42,509 home-purchase loans in Los Angeles County in 2025 (average about $923,000) and denied 6,267 — 13% of decided applications, compared with 12% across California, according to federal mortgage data (HMDA, CFPB). In Torrance, the median home is worth $1,074,700 and 64% of owners have a mortgage, paying a median $3,656 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
42,509▼ 1%43,093 in 2024
Denial rate
13%CA 12%
Median home value
$1,074,700CA $734,700
Monthly cost with a mortgage
$3,656median · CA $2,946
Refinance loans made (Los Angeles County, 2025)
42,471 · 30,893 in 2024
Home-improvement loans made (2025)
10,516
Average home-purchase loan
$923,000 (CA $711,000)
Owners with a mortgage
64% · 38% of them spend 30%+ of income on housing
Median household income
$116,217 (CA $99,122)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Los Angeles County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

How this Torrance mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

California rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.69% of the home's value a year, the California average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the mortgage affordability calculator for Torrance work?
It estimates the highest home price you can afford using income, debts, down payment, interest rate, and first-time buyer status. It includes PMI and property tax.
What is the debt-to-income ratio for a mortgage in California?
Lenders generally cap housing costs at 31% of gross income and total debt payments at 43%. Some loans allow more with strong credit.
How does a higher interest rate affect my mortgage affordability in Torrance?
Higher rates increase monthly payments, reducing the home price you can afford. Rates change weekly; check current rates for accurate estimates.
What is the minimum down payment for a first-time homebuyer in California?
First-time buyers need at least 3% down for conventional loans and 3.5% for FHA loans. VA and USDA loans may allow 0% down.
How does debt affect my mortgage qualification?
Monthly debt payments reduce the amount you can borrow. Lenders consider total debt payments, including the new mortgage, against your income.
What is PMI and when is it required?
Private Mortgage Insurance (PMI) is required for down payments under 20% on conventional loans. It costs about 0.6% of the loan yearly.
How is property tax calculated in California?
Property tax is about 0.69% of the home's value annually. This calculator uses the 2024 average rate for owner-occupied homes.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves verifying income, debts, and credit, giving a more accurate borrowing estimate. Pre-qualification is a preliminary estimate.
What role does a mortgage broker play in Torrance?
A mortgage broker helps you find loan options by connecting with multiple lenders. They guide you through the application process.

General information, not financial advice — consult a qualified professional.