2019 Loan Limits Southern California

2019 Loan Limits for Southern California

Posted Leave a commentPosted in FHA Loans, Loan Progams, Mortgage Knowledge, USDA loans, VA Loans

The 2019 Loan Limits for Southern California are now in effect. Conventional, FHA and VA loans all now new higher conforming and high balance loan limits for 2019. Let’s start by looking at the 2019 Loan Limits for conforming loans These limits apply to all conventional and FHA loans in all counties throughout the U.S. […]

How to pay for home improvements

Posted 1 CommentPosted in Buyer Tips and Advice, Loan Progams, Mortgage Knowledge

How to pay for home improvements A remodeling project may involve lots of choices but you have fewer choices on how you pay for home improvements. Cash, credit cards and personal loans are always an option. So are the traditional home equity lines or cash out refinances.  But what if the home is not worth […]

Fixed vs ARM mortgage options

Adjustable Rate Loans worth the risk?

Posted Leave a commentPosted in Buyer Tips and Advice, Loan Progams, Mortgage Knowledge

Are adjustable rate mortgages worth the risk? With interest rates on the rise, some people are getting a bit nervous and are looking towards adjustable rate loans as a possible solution.  But are adjustable rate mortgages worth the risk? Homebuyers often focus on obtaining the lowest possible rate on a 30-year loan, but most loans […]

Door-to-homeownership

Your Past Doesn’t Have To Get In The Way of Your Future

Posted Leave a commentPosted in Buyer Tips and Advice, FHA Loans, Loan Progams, Mortgage Knowledge, USDA loans, VA Loans

Your past doesn’t have to get in the way of your future The financial challenges of the past don’t have get in the way of your future. If you had a bankruptcy, foreclosure or short sale in the last few years, you are not alone. There were OVER 7.7 million foreclosures between 2007 and 2016** […]

Down Payment Assistance Income Limits Increase

Posted Leave a commentPosted in First Time Homebuyers, Loan Progams, Mortgage Knowledge

BIG News- CalHFA just announced a huge change to their down payment assistance income limits. CalFHA offers down payment and closing cost assistance to first time homebuyers purchasing in California. The program is intended to help low and moderate income families which means that there are income limits that must be met. Up until the […]

USDA Loans in San Diego

Income Limits for USDA Home Loans Increase

Posted Leave a commentPosted in Loan Progams, Mortgage Knowledge, USDA loans

Income Limits for USDA Home Loans Increase The income limits for USDA Home Loans have increased!  The new income limits make it possible for more families to take advantage of this no money down financing program. Below are exerts of an article posted earlier this year giving you some insight into the program. You can also […]