The Mortgage Minute | VA Streamline Refinances

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

The Mortgage Minute | VA Streamline Refinances What if you could refinance without worrying about qualifying? There is, it’s called a VA Streamline Refinance. Hello and welcome to The Mortgage Minute. I am Laura Borja, your San Diego home loan expert. And in today’s post we will be discussing a VA streamline refinances. A VA streamline […]

VA Funding Fee

VA funding fee: What is it, how does it work?

Posted Leave a commentPosted in Buyer Tips and Advice, VA Loans

Find out about VA funding fees in under 60 second Have you ever heard of the term “VA funding fee”? Do you know how much a VA funding fee is? Do you know how a VA funding fee compares to mortgage insurance? Do you know who is and is not required to pay a VA […]

2015 VA Loan Limits by County

2015 VA Loan Limits

Posted Leave a commentPosted in Mortgage Knowledge, VA Loans

2015 VA Loan Limits Looking for the maximum VA Loan limits for your county?  Well here you are! Remember that the loan limit doesn’t mean that you can not use your VA Loan benefits to finance a home if the sales price is higher than the set limit for your county.  It just means that […]

What is VA Entitlement?

Posted Leave a commentPosted in Mortgage Knowledge, VA Loans

What is VA Entitlement and how does it affect VA Loan Limits? VA entitlement refers to the amount that VA will guaranty as protection for the lender in case of default.  In San Diego County, VA entitlement is currently set at $140,586 which allows a maximum loan amount of $546,350 with no down payment. If […]

VA loans in San Diego- how much home does your BAH get you?

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

  It would stand to reason that VA loans in  San Diego would be a large portion of the loans closed each year.  Most of the active duty clients I work with have one budget goal in mind- keep payment at or below their BAH benefit. The average Basic Allowance for Housing (BAH) for a service member with dependents in San […]

VA and FHA loan expert in the Miramar, La Jolla, and North County Area

Posted Leave a commentPosted in FHA Loans, Loan Progams, VA Loans

If you are looking for an experienced loan officer that will provide excellent service not only to you, but also you clients, I’m the person for you. VA and FHA loans make up 85% of my production over the last 10 years. I have lived in North County since 1989 and have done extensive business […]