If you live in a coastal community where there are other mariners, your local credit union or bank will understand mortgage lending to mariners better than anyone else. They also know your local real estate market, appraisers, home inspectors, surveyors, repair contractors, etc. credit union rates are hard to beat. You might save a little with big California lenders, but it’s not worth the hassle.
When I sell property, and there is a financing contingency, I specify that the lender must have a physical office in my county. I’m not putting up with anymore nonsense from Quicken Loans or other distant lenders that do not understand the local market.