How to save for a down payment in one year

Posted on Leave a commentPosted in Buyer Tips and Advice, First Time Homebuyers, Mortgage Knowledge

What? Save for a down payment in one year? Am I nuts? Well, maybe a little, but not because of this! How to make it possible to save for a down payment You don’t need to give up everything to save for a down payment. Simply cut back just a bit. Morning Coffee Starbucks$4.50 x […]

Down Payment Assistance Income Limits Increase

Posted on 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 […]

Hamilton Lane for sale

Fully Remodeled Single Story 🏠in Escondido

Posted on Leave a commentPosted in For Sale, Mortgage Knowledge

How does starting the new year a new home sound? Then this fully remodeled single story home in Escondido might be for you! 3 🛏️ 2 🛁 2 🚗 Find out more about the property here: Agent Contact Thomas Brooks          619.787.2315 Lic.#01449775 Big Block Realty

Update on Interest Rates and the Fed

Posted on Leave a commentPosted in Economic Market News, Mortgage Knowledge

As expected, the Fed increased rates at their most recent meeting. They also indicated they will likely raise rates three additional times in 2018. Did the headline catch your eye but you are not sure what this is all about, I’ll fill you in. First, who is the Fed and what do they do? The […]

2018 Loan Limits

2018 Loan Limits for San Diego County

Posted on Leave a commentPosted in Community information, Mortgage Knowledge, Real Estate Market Updates

Big news about the 2018 loan limits for San Diego County. And I do mean BIG On 11/28/2017, the Federal Housing Finance Agency (FHFA) announced the new loan limits for 2018. And the increases are substantial Conforming loan limits for 2018 In 2017, for the first time since 2006, the conforming loan limit was increased […]

What is title insurance

What is title insurance?

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

A policy of title insurance is the contract issued by a title insurance company that protects you and your lender against property loss or damage caused because of property title problems. What is covered by the title insurance? The policy agrees to reimburse you or hold you harmless when a monetary loss is caused by […]