Finance and Credit Professional

You have a goal, home ownership in San Diego County, and a Southern San Diego mortgage loan can help you achieve this goal. South Bay is a vibrant, friendly community rich in cultural history. The city of Chula Vista is the second largest in San Diego County, and the fourteenth largest in the state of California. Roughly translated, the name of this city means beautiful view, Chula Vista was part of a Spanish land grant known as Rancho del Rey, or The Kings Ranch, encompassing the areas known now as National City, Chula Vista, Bonita, Sunnyside, and Sweetwater Valley. In 1847, the United States claimed California after the Mexican American War, but land grants were allowed to continue as private property under American law for twenty more years, when the land was sold to one of San Diegos premier city planning firms, the Kimball Brothers.

The first South Bay mortgage was finalized in 1880, when promotional tracts of land were offered at low rates to help attract settlers to the area. The purchaser was required to build a home within six months of purchase, and many people took advantage of this offer, leading to a great housing boom n the area. The city of Chula Vista was officially incorporated in 1911, due to both the housing boom, and the discovery of citrus trees in the area in 1888.

After WWII, the demographic of South Bay was forever changed, due to the influx of service men that settled in the area. The last citrus groves and produce fields were gone from the landscape after this point, but this area expanded into one of the largest San Diego communities, as many more southern San Diego mortgage loans were issued, and many more houses, businesses, and schools were built to accommodate the growing need. The areas most recent developments, Otay Ranch, Eastlake, and surrounding areas, have brought a further influx of both population and housing to the region.

The downtown area of the city has undergone recent renovation as well, and in the Eastlake area, many new shopping centers, including the premiere Eastlake Town Center, have been built. As this city continues to grow, now is the perfect time to secure your Chula Vista mortgage loan, and become a part of this thriving community. Your mortgage lender can help you to review all of your options, and determine the type of loan that is best for your individual needs.

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