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. […]
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** […]
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 – 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? […]
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 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 […]