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…
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.…
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…
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…
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…
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.…
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…
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…
The maximum FHA loan size for California has been increased for 2018. Starting in January, the FHA loan limits for California will range from $294,515 to $679,650, for a single-family home. These maximum amounts vary by county and are generally the…
The maximum mortgage amount for a conforming home loan in California has been increased for 2018. Depending on the county in which you reside, the new conforming loan limit will fall somewhere between $453,100 and $679,650. These maximum loan amounts…