Qualifying for Self-Employed Mortgages Obtaining funding to purchase property, whether it’s a home for your family, or a plot to flip and sell, should be a straightforward process for people who have access to income or a lump sum of money to help fund the purchase. Unfortunately, standards set by Fannie Mae and Freddie Mac […]
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Determining if a Jumbo Loan in California is Right for You If you’re taking steps to purchase your dream home, checking the price tag is one way to determine which type of loan you’re going to need. Most buyers will seek funding through a conventional mortgage or an FHA loan. However, those loans have price […]
We recently read a good article about steps to creating a good first-time home buying experience that we found in Southern California’s Valley News and wanted to share the key points with you:
According to this week’s Mortgage Bankers Association’s survey, home purchases and mortgage applications have dropped. Home purchases dropped down approximately 1%, mortgage applications down about 6.2% and refinances fell by 10%.