Edison, California
Mortgage Loans in Edison, California
New Avenue Realty & Loans helps Edison homebuyers and homeowners across California close on the loan their bank said no to.
449
Population
$98,158
Median household income
Based on US Census ACS 2022 5-year estimates.
New Avenue Realty & Loans is a California mortgage broker that works with Edison buyers, owners, and investors who need more than a one-size-fits-all loan. We have closed over 3,000 loans across the state, and our average time from application to close runs around 17 days. Whether you're buying your first home in Edison or refinancing to pull cash out, we shop dozens of lenders so you don't have to.
Income in Edison averages roughly $98,158 per household per recent ACS data, and that number rarely tells the whole story for the borrowers we work with. Self-employed owners report less. Some families have multiple earners. Others have rental income, K-1s, or RSU vesting schedules. With about 449 residents, Edison files come in every shape, and the loan we recommend reflects how your income is actually documented.
Picking a mortgage broker in Edison should come down to two things: who actually returns your call, and who has the program shelf to handle whatever your file looks like. We do both. New Avenue Realty & Loans staffs licensed loan officers who pick up the phone, and our 80+ programs cover everything from FHA at 3.5% down to bank-statement loans for self-employed Edison business owners with strong revenue but messy tax returns.
Loan programs
Mortgage options for Edison
We match Edison buyers and homeowners with the right program — not the other way around.
Conventional Loans
Solid credit, straightforward path.
FHA Loans
First home? Lower barrier to entry.
VOE Loans
Qualify with just your employment letter.
P&L Loans
Your profit and loss statement is your paycheck.
Non-QM Loans
Bank statements, DSCR, asset depletion — flexible approval.
No commitment. No hard credit pull.
Common questions
Edison mortgage FAQs
Can self-employed borrowers in Edison qualify for a mortgage?
Yes. Self-employed borrowers are a specialty for us in Edison. If tax returns understate your real income, we can often qualify you with 12 or 24 months of bank statements, a CPA-prepared P&L, or a written verification of employment instead.
How fast can I close on a home in Edison?
Our average close runs about 17 days for Edison borrowers, depending on loan type, appraisal, and how quickly documents come back. Conventional purchases move fastest; complex self-employed and non-QM files take longer. We map the timeline on the first call.
What credit score do I need for a mortgage in Edison?
It varies by program. FHA loans for Edison buyers can work with lower scores, conventional usually prefers mid-600s and up, and our non-QM programs reach further down in exchange for different terms. We pull credit once and match the score to the strongest available program.
Do you help first-time homebuyers in Edison?
Yes. First-time buyers are a big part of who we work with in Edison. We walk through pre-approval, explain how down payment and closing costs actually work in California, and lay out FHA, 3%-down conventional, and other low-down-payment options at no charge.
Can I refinance my Edison home with New Avenue?
Yes. We handle rate-and-term, cash-out, and debt-consolidation refinances for Edison homeowners. Whether you want to lower your payment, pull equity for renovations, or move out of FHA into conventional, we run the math. If a refi doesn't save you money, we'll say so.
Get started
Let’s talk about Edison
Share a few details and we will call you back to discuss the best path forward. No obligation, no hard credit pull.
Ready to get started?
One call can change everything
Whether you were denied by another lender or just getting started in Edison, we are here to help you move forward.