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Pomona

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Whether you are a first time home buyer or trading up to a larger home, we work to find the best home loan solution for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Pomona Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in Pomona, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify. At the top of our list right now is ING DIRECT Orange Mortgage. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications.

Pomona California Overview & Statistics

Pomona Overview

As of 2007, Pomona's population is 154,271 people. Since 2000, it has had a population growth of 3.21 percent.

The median home cost in Pomona is $485,500. Home appreciation the last year has been -2.65 percent.

Compared to the rest of the country, Pomona's cost of living is 24.91% Higher than the U.S. average.

Pomona public schools spend $5,764 per student. The average school expenditure in the U.S. is $6,058. There are about 23 students per teacher in Pomona.

The unemployment rate in Pomona is 5.00 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Pomona jobs have Increased by 0.84 percent.

Pomona Climate

Pomona, CA, gets 17 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 35.

On average, there are 285 sunny days per year in Pomona, CA. The July high is around 91 degrees. The January low is 38. Our comfort index, which is based on humidity during the hot months, is a 46 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Pomona Housing

The median home value in Pomona, CA, is $485,500. Home appreciation is -2.65% over the last year. The median age of Pomona, CA, real estate is 41 years.

Pomona, CA Apartments and Rentals

Renters make up 41.76% of the Pomona, CA, population. 4.36% of houses and apartments in Pomona, CA, are unoccupied (vacancy rate).

Pomona Crime

Pomona, CA, violent crime, on a scale from 1 (low crime) to 10, is 7. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Pomona, CA, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources see also:

www.ci.pomona.ca.us

Pomona Real Estate Agents

California First Time Home Buyers Grants

California First Time Home Buyer Programs

California Home Mortgage Loans

 


   
Warning! Depression 2010
 Real Estate continues to lose value. One expert predicted the subprime financial crisis in 2008 and is now calling for a Depression in 2010. Learn how he is helping others protect and greatly increase their wealth in spite of the financial crisis. Read more>>>
   


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