If you have had a foreclosure on any property within the past seven years, your home loan options are limited. Conventional mortgage loans underwritten to the guidelines of both Fannie Mae and Freddie Mac will require a minimum of...
Property values over the past decade have really been on a roller coaster ride. Around the middle of the last decade, lenders invented new home equity mortgage programs to try and reach as many potential borrowers as possible. Doing so, they...
In a highly competitive seller’s market like San Diego, it can seem impossible to purchase a home. It seems like you have no time to think; if you hesitate, the house will be off the market the next morning. So...
There are two basic classifications for a mortgage loan- conventional and government-backed. Government-backed loans include the VA, FHA and USDA programs. The VA loan is reserved for veterans and others who qualify to buy and finance a primary residence....
Many people are waiting to purchase a home, but need to save for a down-payment in order to get the home they want. Unfortunately, property prices are going up, so as you save money, the amount you keeping increasing....
Buying a home means there is a lot of preparation before making a final offer to buy. You decide where you’d like to live based upon your own set of standards such as square footage or number of bedrooms and...
Financing a home after experiencing a short sale or a foreclosure can be a daunting process yet not impossible. However without proper guidance, potential buyers can be disappointed when their loan application is turned down, not necessarily because of...
For those not familiar with the term “reverse mortgage” they’re not alone. And even for those that have heard the term used it’s still a bit counterintuitive. Officially it’s called the Home Equity Conversion Mortgage, or HECM (heck-um) and is...
Building a Granny Flat in San Diego Have you ever considered building a granny flat in San Diego as a way to enjoy personalized, on-site care for your aging or elderly parent(s)? Constructing on-site living and care quarters (or “granny...
  Thinking of joining the condominium lifestyle? Are you eligible for a VA home loan and want to know if you can use a VA loan to buy and finance a condo? Why do people decide to buy a condominium...