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** […]

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 […]

3-Requirements of USDA Loans

3 Requirements of USDA Loans – Being a farmer not one of them

Posted Leave a commentPosted in Buyer Tips and Advice, Loan Progams, USDA loans

3 Requirements of USDA Loans – Being a farmer not one of them This week on The Mortgage Minute, we are going to go over the 3 eligibility requirements of USDA loans. The Mortgage Minute is weekly informational series presented by Laura Borja, Your San Diego Home Loan Expert First, what is a USDA loan? […]

USDA Loans

USDA Upfront Guarantee Fee Increases Oct 1 2015

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

Today is the day that the USDA Upfront Guarantee fee will be increasing to 2.75% The Annual (monthly) fee will remain at .5% The information below  is a re-post of a previous article on this website. It shows the  breakdown of the changes and how USDA compares to VA, FHA and Conventional financing.   USDA […]

First Time Home Buyer FAQ's

First Time Homebuyer FAQ: Down payment

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

First Time Homebuyer FAQ: Down payment For those of you who prefer to read! This is a transcript of this YouTube Video by the same title. Today we are going to be talking about frequently asked questions by first time home buyers, specifically as it pertains to down payment. How much down payment do I […]

USDA Loans

USDA Loan Guarantee Fee Increase- UPDATE!

Posted Leave a commentPosted in Community information, USDA loans

USDA Loan Guarantee Fee Increase UPDATE ISSUED- TAKE A LOOK AT THIS POST. Effective October 1st, the USDA loan guarantee fee will be increasing from 2% to 2.75% for the upfront premium.  The USDA loan guarantee monthly premium will remain at .5%. The upfront USDA loan guarantee fee is the equivalent of FHA’s upfront mortgage […]