Raquel Favela brings decades of experience in financial operations, business development, account management, and customer service to her role as a Processor at Coast Home Loans. Throughout her career, she has built a reputation for being highly organized, detail-oriented, and committed to creating smooth, positive experiences for both clients and business partners. Her background managing confidential financial information, maintaining complex accounts, and improving internal processes makes her a natural fit for the fast-paced world of mortgage lending.
As part of The Will Patterson Team, Raquel works closely with borrowers and team members to help keep each loan moving forward with care, accuracy, and clear communication. Fluent in both English and Spanish, she is passionate about building strong relationships and making every client feel informed and supported throughout the process. We are thrilled to have Raquel’s experience, energy, and people-first approach at Coast!
Conventional mortgages are ideal for buyers with good credit and money to put down. They typically require a higher down payment, usually 5%–20% and also have higher income and credit score requirements than government loans. Typical fixed-rate loans have a term of 30 or 15 years.
FHA loans are designed to benefit first-time homebuyers and buyers with less than perfect credit and not a lot of money to put down. FHA loan limits vary by county. Click here to see the loan limits in your area.
If you are a veteran or a current member of the U.S. military, you can apply for a VA Loan, which currently offers up to 100% home financing. Thank you for your service!
Curious about refinancing your home in California? Rates are historically low and now may be the right time to start saving money every month!
Not sure how much of a home you can afford? Enter your personalized information below to get a good ballpark figure of the type of home you can afford today!
