First Rate Financial Group can help local home buyers find Westlake Village first time home buyer programs and other financing programs to make purchasing a home there easier and less expensive. We can also provide Westlake village refinancing, reverse mortgage and other programs to help home owners find a little financial breathing space, should they need it.
Westlake Village is a high-end, planned community at the west end of Los Angeles and is one of the wealthiest communities in the Los Angeles area. In Hollywood's infancy, the area was often used as a set for a variety of films and television shows. Residential development began in the late 60s. There are more than 8,000 residents and about 3,000 households in Westlake Village and the median income for the community is more than $120,000.
Because of the high value of homes in Westlake Village — the average price is $830,000, according to Zillow — homeowners can use the equity in their homes to obtain funds through a reverse mortgage, or they can refinance their homes through Westlake Village HARP refinancing and other programs to obtain more affordable terms.
While the high average home price in Westlake Village may seem daunting, it's really more affordable than many home consumers think. First Rate Financial Group, a mortgage banker Westlake Village residents can trust, offers a number of financing solutions that can help make buying a home in this safe and prosperous community more affordable, including: