In a recent blog, we talked about how you can improve your credit score to access lower mortgage rates. But is there anything else you can do to enhance your risk profile as borrower? Actually, yes. You can simultaneously work on improving your debt-to-income (DTI) ratio. What is Your DTI Ratio? Your debt-to-income ratio is […]
Today’s Refinance Loan Options
Today’s refinance loan options are more flexible than ever for those who need to refinance a home in the Bay Area. In an article we posted in 2018, we discussed a forecast by the Mortgage Bankers Association predicting refinances would decline in 2019. But no one could have predicted the current state of lower interest […]
Refinancing? How to Choose the Best Mortgage Product
Interest rates are at an all-time low and you have been thinking about refinancing your current mortgage. But how do you know where to go and what lender is best for you? As a mortgage consumer, you want to be able to compare the costs and services when looking for a mortgage refinance program. If […]
Home Loan Basics For Getting Lower Interest Rates
Are you interested in becoming a home owner in the Bay Area? The road to owning a primary residence or an investment property in San Francisco bay is waiting for you. But there are ways to prepare your credit ahead of your mortgage loan application that can put you in a position to pay less […]
How Bank Statement Loans Work
Are you a self-employed house hunter searching for real estate in the San Francisco Bay area? For those interested in the East Bay, Concord, Pleasant Hill, and Richmond are all housing markets to consider; after seven years of rising home prices in the general area, in 2019 year-over-year prices are leveling out or dropping according […]
Choosing a Mortgage Broker in Walnut Creek
If you’re looking for a home in the eastern San Francisco Bay area, Walnut Creek is a place to start your search. It is centrally located for commutes to several major cities (Oakland, Sacramento and San Jose) via major highways. On top of that, it is accessible by BART and has an active downtown with […]
Buying a Home in California in 2019: Five Trends Buyers Should Know About
Are you planning on buying a home in California in 2019? Wondering if now is a good time to buy? Then read on. Below, we’ve gathered some of the most important trends California home buyers should know about in 2019. What to Know About Buying a Home in California in 2019 While real estate conditions […]
Bay Area Housing Forecast for 2019: How the Market Is Changing
The latest forecasts for the San Francisco Bay Area suggest that home prices will continue rising throughout 2019. So for those planning to enter the market, a sense of urgency might be warranted. The good news is that Bay Area home buyers could have more properties to choose from next year, thanks to some much-needed […]
VA Mortgage Loan Limits for California Will Go Up in 2019
Are you in the military? Do you plan to buy a home in California in 2019? If so, you’ll be glad to know that the VA loan limits for California will be going up in 2019, in response to rising home values. This will allow military home buyers to borrow more money, without making a […]
Maximum Conforming Mortgage Amount in California Going up in 2019
In November, the Federal Housing Finance Agency (FHFA) announced that it was increasing conforming loan limits for most counties across the country. In 2019, California loan limits will range from $484,350 to $726,525, depending on the county. FHA and VA might go up as well. California Loan Limits Go Up for 2019 In California, the 2019 conforming […]