Laguna Woods is a city in Orange County, California, known primarily as a premier, gated senior living community with a median age of approximately 75. Incorporated in 1999, it was formerly known as "Leisure World" and is dominated by the sprawling Laguna Woods Village. It is designed for active adults aged 55+, offering extensive resort-style amenities such as golf courses, equestrian centers, and, in some units, housecleaning service.
Financing is a challenge because Laguna Woods is considered Fannie Mae "ineligible" due to the HOA master insurance not meeting Fannie Mae's minimum coverage amount. Universal Capital Mortgage has approved Laguna Woods Village for the below loans:
- Conventional Mortgage: 30 year fixed loans starting at 20% down
- Reverse Mortgage: Proprietary reverse mortgage for homeowners 55 and above
To find out more about financing at Laguna Woods Village, please call us today or fill out the information to the right. A representative will reach out to you shortly to discuss your options.
