Matador Lending NMLS #2072896 · Licensed in TX, CA, GA, FL
Irvine, CA
Irvine and Cerritos mortgages: Mello-Roos, HOA dues, and jumbo loan size. No invented tax or HOA figures.
Loan officer Apurva Sanghavi, NMLS 227127. Company NMLS ID 2072896. NMLS Consumer Access
Irvine is in Orange County. Cerritos is in Los Angeles County. Both have a long-established South Asian community. Irvine's master-planned villages often have homeowners associations. Some newer tracts also have a Mello-Roos special tax. Cerritos is mostly an older housing stock, so a Mello-Roos district is less common, but the parcel still has to be checked.
Masala Loans is a brand of Matador Lending. The office is at 5718 Westheimer Rd. Suite 1000, Houston, TX 77057. We do not have a branch in this city. Meetings are by phone, video, or WhatsApp.
This page does not quote rates, payments, taxes, or insurance. Those come from the lender, the tax office, the insurer, and the condo or homeowners association on a specific property.
Mello-Roos is the common name for a special tax levied by a Community Facilities District under the Mello-Roos Community Facilities Act of 1982 (California Government Code section 53311 and following). Cities and school districts use it to fund infrastructure. It is not the 1 percent general property tax. It is an extra line, and it can run for decades.
The preliminary title report and the county tax bill show whether a parcel is in a district and what it billed last year. A sales flyer that ignores it is not a Loan Estimate. Lenders add the special tax to the housing payment.
Association dues are a separate monthly cost. They are not taxes. In Irvine they can cover private streets, pools, or guards, depending on the village. The lender uses the HOA statement, not a neighbor's anecdote. Condos also need a project review. See the Irving and Coppell page for how a condo questionnaire works. The same idea applies in California, with California insurance and earthquake questions added by some lenders.
Conforming loan limits are set each year by the Federal Housing Finance Agency and can be higher in designated high-cost counties. A loan above the limit for that county is jumbo. We do not publish a dollar limit on this page because the figure changes, and the county the house sits in decides which limit applies. The current tables are on fhfa.gov.
Orange County and Los Angeles County have their own FHFA limits. Irvine and Cerritos should not be assumed to share a number.
No. Older villages often do not. The tax bill and the title report are the check, not the city name.
Sometimes, with a foreign-national or DSCR program, if the condo project is eligible. A project that fails agency review may still be ineligible on a non-agency loan. We do not promise remote approval from India. See the NRI program page.