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 […]

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 […]

Home prices across California have risen steadily over the past few years. As a result, more and more home buyers are using jumbo loans in California, to finance their purchases. Fortunately, access to these mortgage products has improved. A recent industry report showed that jumbo loan availability in California and nationwide has improved over the […]

A lot of first-time home buyers in California lack the funds needed to make a large down payment on a home purchase. So many of them turn to low-down-payment mortgage programs such as the Federal Housing Administration (FHA) loan program. In fact, an August 2018 report published by the Urban Institute showed that first-time home […]

VA loans are popular in San Diego County, due to the large population of service members who are stationed there. According to a 2018 recent report by the U.S. Department of Veterans Affairs, San Diego was the #2 county in the nation for VA loan volume during fiscal year 2018. Only Maricopa County in Arizona did more […]

It’s no secret that the Bay Area real estate market is expensive. Home prices here have risen steadily in recent years, largely due to a shortage of inventory. As a result of these trends, many home buyers have questions (and sometimes concerns) regarding the minimum down payment for a home in the Bay Area. This […]

Are you currently self-employed? Do you plan to buy or refinance a home in California sometime soon? If so, you should know about the benefits of bank statement loans in California. This is a unique financing option that could help a lot of self-employed borrowers in the state. The mortgage industry has become more flexible […]

Summary: VA funding fees in California can range from 1.25% to 3.3% of the loan amount. These required fees can be paid in cash or “rolled” into the loan. Some borrowers, including disabled vets, do not have to pay them. This article is part of an ongoing series that explains important aspects of the VA […]

The maximum conventional mortgage loan amount for the Bay Area of California was increased for 2018, due to significant home-price gains that occurred during the previous year. (This is for a conforming loan. Jumbo mortgages can exceed these limits.) Here is an updated look at the maximum conventional home loan size for all nine counties […]

Are you planning to buy a home in California with a VA loan sometime in 2018? Smart move. This program offers a lot of benefits for borrowers. At this point, you probably have questions about how the process works. Here’s a step-by-step look at the VA loan process in California, fully updated for 2018. The […]