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Burbank, at the east end of the San Fernando Valley
Burbank Mortgage Broker
A Burbank mortgage broker spends much of the job reading studio paychecks. About 150,000 people work in Burbank on a typical day, more than live in it, and many of them are on the Disney, Warner Bros. and Burbank Studios lots. Pay in that world can be salaried, project-based or run through a company of your own, and lenders read those files differently. Mike Fisher lends here directly from Simi Valley, and when another wholesale lender has a better price or a program we don’t offer, he can broker your Burbank loan there instead.
Price my Burbank loan Burbank rates today
A Burbank Mortgage Broker for Studio Paychecks
Burbank’s largest presences are entertainment companies: The Walt Disney Company’s studio and headquarters, Warner Bros. Studios, The Burbank Studios on the former NBC lot, Nickelodeon Animation, Cartoon Network Studios, The CW’s headquarters, and offices for Warner Music Group, Legendary Pictures and ABC. A staff job on one of those lots documents like any W-2 job. A career built from show to show, with gaps between projects or income paid through a loan-out company, is where lenders start to disagree.
That disagreement is the reason the option to broker matters here. One wholesale lender may average two years of variable income, another may want a longer history in the same type of work, and a third may offer a non-QM option that qualifies on bank statements. Mike prices the file with us and, when it helps, sends it to several others and shows you each result. Nothing about that requires a Burbank storefront, and we do not claim one.
Today’s Burbank Purchase Rates, Priced for LA County
Priced for Los Angeles County, October 27, 2026
0.125 points See every option 15-year fixed 6.375% 6.436% APR P&I $5,531/mo on $640,000
$800 lender credit See every option 30-year FHA 7.250% 7.324% APR P&I $4,366/mo on $640,000
0.187 points See every option 30-year VA 6.750% 6.794% APR P&I $4,151/mo on $640,000
$506 lender credit See every option 30-year jumbo 8.125% 8.207% APR P&I $10,395/mo on $1,400,000
0.322 points See every option
Par pricing for a single-family primary residence in Los Angeles County: 20% down, 30-year term unless noted, 780+ credit, 30-day lock, escrows included. Payments are principal and interest only; taxes and insurance add to them. Rates change through the day and are not a commitment to lend. Price your own Burbank scenario, no credit pull.
Why Use a Mortgage Broker in Burbank Instead of a Bank
A bank offers only its own programs on its own rules. Alameda Mortgage lends directly and, as your Burbank mortgage broker, can also compare other wholesale lenders on the same file, which matters most in Burbank on variable entertainment income, on loans near the $1,249,125 county limit and on condos in older buildings.
| A retail bank | Alameda Mortgage, direct lender that can also broker | |
|---|---|---|
| Project-based studio income | One underwriting rule for variable pay | Lenders that average it differently, plus bank statement options |
| Loan-out company income | Often treated as self-employment with no flexibility | Several ways to document it, compared side by side |
| A Magnolia Park or Rancho loan near $1,249,125 | One high-balance price | High-balance and jumbo pricing from several lenders |
| Downtown or Media District condo | One HOA review | A second lender if the first declines the building |
| Pricing | The bank’s rate sheet | Multiple rate sheets on the same day, each with APR |
General comparison. Lenders vary, and all loans are subject to credit approval.
Burbank Real Estate Market Insights
Sources: Redfin Burbank housing market (September 2026); Zillow Home Value Index (September 30, 2026); U.S. Census Bureau ACS 2020-2024.
Compared with 2024 and 2025, this is a market where buyers can keep inspection and loan contingencies, ask for credits and take a few days to compare lenders. Homes sold just under list after a median 46 days, and Zillow measured 24 days to a pending sale, so good listings still move while the rest give buyers time. A Burbank mortgage broker can use that time to have the file underwritten before you write.
Where the Burbank Market Is Heading
We do not publish forecasts. The recent record is a flat year: Zillow’s value index rose 0.2% to September 2026 and Redfin’s median 1.5%, while days on market lengthened by three. The ACS median owner-occupied value for 2020 to 2024 was $1,089,100, and single-family prices passed $1 million by early 2021. Prices have held their level rather than run.
Burbank Neighborhoods and the Loans That Fit Them
Single-family homes across most of Burbank run about $1.2 million to $1.3 million, right around the county limit, while condos near downtown sell for far less. Houses are mostly 1920s to 1950s bungalows, ranches and post-war tracts on the valley floor. Values are Zillow typical values for September 2026 unless noted; a Burbank mortgage broker uses them to tell you the likely loan band before you tour.
Rancho Equestrian District (91505, 91506)
Horse-zoned streets near Griffith Park with about 785 houses and 180 condos and townhomes, at about $1.31 million. At 20% down a Rancho loan near that value is about $1.05 million, high-balance conforming; only a larger property or a very small down payment makes it jumbo, and the small number of comparable sales is something the appraisal has to work with.
Burbank Hills (91501, 91504)
Foothill homes at roughly 500 to 800 feet, with ZIP medians of about $1.26 million to $1.30 million as of October 2025, the latest shown. Expect fire-zone insurance questions.
Magnolia Park (91505)
Mostly 1940s homes around a vintage shopping strip, about $1.23 million. With 20% down the loan is about $984,000, high-balance conforming.
South Burbank (91506)
Older single-family streets between downtown and the Rancho, at a Redfin median of about $1.20 million in September 2026.
Media District
Apartments, condos and small houses around the studio lots at about $939,000, within reach of FHA and low-down conventional loans.
Burbank Center and Downtown (91502)
Condos and apartments near the Metrolink station at about $788,000; the ZIP’s Redfin median was about $635,000 in August 2026 on a small sample.
Near Hollywood Burbank Airport and the Toluca Lake Border
Valley-floor streets around the airport carry airport noise disclosures worth reading before you remove contingencies. On the southwest edge, Toluca Lake is part of the City of Los Angeles, which changes the transfer tax.
Home Loan Programs Our Burbank Mortgage Broker Arranges
- Conventional loans, standard and high-balance up to $1,249,125.
- FHA loans with 3.5% down, a fit for downtown and Media District condos.
- VA home loans with no loan limit on full entitlement.
- Jumbo loans for the Rancho, the hills and low-down purchases above the limit.
- Bank statement and non-QM loans for loan-out companies and freelancers.
- DSCR loans for rentals near the studio lots.
- HELOCs and fixed-rate seconds behind a low first mortgage.
- Refinances, rate-and-term or cash-out.
First-Time Buyer Help in Burbank
The City of Burbank keeps a Homeownership Interest List for residents who want to hear about affordable ownership opportunities, but we found no active city down payment program. LACDA’s Home Ownership Program eligibility for Burbank addresses is not confirmed. CalHFA’s MyHome Assistance Program is listed as current statewide. Funding changes, so your Burbank mortgage broker confirms status when you apply.
Property Taxes, Insurance and Transfer Tax in Burbank
Burbank has no city transfer tax of its own, so a sale pays the Los Angeles County rate of $1.10 per $1,000, about $1,295 at the September 2026 median. Toluca Lake, next door, is in the City of Los Angeles, which adds $4.50 per $1,000 for a total of $5.60, about $6,590 on a $1.18 million home, plus Measure ULA on sales above its multimillion-dollar thresholds. Property tax begins at 1% of the price under Proposition 13 plus voter-approved debt; the combined rate for Burbank tax rate areas is not confirmed, so ask for the current bill.
California property tax starts at 1% of the purchase price under Proposition 13, plus voter-approved bonds and any special assessments on the parcel, so the real bill varies by street. Insurance depends on the home, its fire and flood exposure and the carrier. These are estimates for budgeting, not quotes. Run your own numbers.
Foothill Homes, Fire Season and Older Buildings
Wildfire exposure in Burbank is concentrated in the hillside neighborhoods along the Verdugo Mountains. Owners in Very High Fire Hazard Severity Zones must finish brush clearance by the end of June, and Burbank Fire inspects those properties each July. CAL FIRE’s updated zone map was released March 24, 2025. Hillside homes are more likely to need the California FAIR Plan, and the premium goes into the payment you qualify on. Older condos face a different cost: Burbank’s December 2025 soft-story ordinance targets wood-frame apartments with tuck-under parking, with retrofits due by January 10, 2030, so ask any association about a coming special assessment.
Refinancing and Home Equity in Burbank
Long-held owners in Magnolia Park, the Rancho and the hills hold equity at $1.2 million to $1.3 million values. A Burbank HELOC from 7.49% APR, variable, keeps a low first mortgage in place for remodels, brush clearance and fire hardening, or an ADU under the city’s Burbank Preapproved ADU Program. A rate-and-term refinance makes sense when the new rate is clearly lower; the mortgage calculator shows the payment either way.
Investment Property Financing in Burbank
About 57% of Burbank households rent, at an average $2,752 in September 2026 (Zillow), with steady demand from studio workers who want to live near the lots. Burbank has no local rent control in effect; state AB 1482 caps apply, and voters rejected Measure RC in November 2020. The city’s Tenant Protection Ordinance requires relocation of three months’ rent for most no-fault evictions on covered units. In October 2025 the Council asked staff to draft a 4% soft cap for pre-1995 multifamily buildings, but as of the city’s June 2026 FAQ it had not been adopted, so treat it as proposed. A DSCR loan qualifies the rental on its rent.
Why Choose Alameda Mortgage as Your Burbank Mortgage Broker
Mike Fisher (NMLS 353528) handles Burbank loans from Simi Valley, as he does across California. He prices the loan, writes the pre-approval and stays your contact through funding, and he can walk you through how lenders treat income from more than one production.
How a Burbank Loan Moves From Quote to Keys
- Tell Mike how you are paidW-2, project-based, residuals or a loan-out company, plus price range and down payment.
- See how lenders read itMike shows which lenders count your income best and which loan band the purchase lands in.
- Compare offersRate, APR, points or credit and cash to close from our own programs and other wholesale lenders.
- Pre-approvalUnderwritten before you write, so the offer can keep a short loan contingency.
- Close locallyA Los Angeles County appraiser, local escrow and title, and electronic or mobile-notary signing.
Questions About Buying and Refinancing in Burbank
Can I get a Burbank mortgage if I work project to project in entertainment?
Usually, yes, but lenders differ on how they count it. Many average two years of income from the same line of work, and gaps between projects need explaining. If you are paid through a loan-out company or your returns show heavy deductions, a bank statement loan may fit better.
Is a typical Burbank house a jumbo loan?
Not usually. With 20% down, the September 2026 median of about $1.18 million is a loan of about $942,000, high-balance conforming under the $1,249,125 county limit. Jumbo starts only when the loan itself passes that limit.
Is there a Burbank city transfer tax on home sales?
No. Sales pay the county rate of $1.10 per $1,000. Toluca Lake, next door, is part of the City of Los Angeles, where the total is $5.60 per $1,000 plus Measure ULA on high-value sales, so confirm the city for any address near the border.
Should I worry about airport noise near Hollywood Burbank Airport?
Read the disclosures. Streets around the airport in 91504 and 91505 carry airport noise disclosures. They do not stop a loan, but they can matter to you, to resale and to the appraiser’s comparable sales.
Does Burbank have rent control?
No local rent cap is in effect; AB 1482 applies. A 4% soft cap was proposed in October 2025 for pre-1995 multifamily buildings but had not been adopted as of the city’s June 2026 FAQ. The Tenant Protection Ordinance adds relocation pay for most no-fault evictions.
How long does a Burbank purchase loan take?
Most close in about 30 days from an accepted offer when the loan was underwritten first. Condos waiting on HOA documents, variable entertainment income and jumbo loans can take longer.
Can a Burbank mortgage broker in Simi Valley close my loan?
Yes. Alameda Mortgage Corp is licensed throughout California, and Mike works by phone, email and e-signature with a Los Angeles County appraiser and local escrow. You deal with him from the first quote to funding.
What Clients Say About Working With Mike
★★★★★
The process went smoothly and very quickly
★★★★★
Everthing was explained in detail and answered all my questions.
★★★★★
Mike had great communication and knows how to get things done.
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Contact Your Burbank Mortgage Broker
Tell us the neighborhood or ZIP, the price range, your down payment and how you are paid. Mike will show you how lenders will read your income and price the loan with us and against other wholesale lenders, usually the same business day. No credit pull to start.
Prefer to talk? Call 800-801-5626.