Just like clockwork whether we want it or not it’s getting close to tax time. The IRS began accepting and processing federal income tax returns late last January. For the “EZ-Filers” it’s very likely many have already submitted their...
The Federal Housing Administration or FHA is an extremely important department within the Department of Housing and Urban Development. It is credited with righting the economic ship of this nation back in 1934 during the throes of the Great...
Banks and credit unions make money the old fashioned way- they lend money and charge interest, something that has been going on since the invention of currency. For an automobile loan or a credit card, consumers typically first contact their...
As we close out an eventful 2016 many of us are scurrying around trying to get things squeezed into this year and not let fall into 2017. Some of these things might mean reviewing what our resolutions for 2016...
If you’re looking for a home to buy you certainly have your fair share of property types. Certainly the most common property is the single family home, a detached property located in a residential neighborhood. You can buy a...
  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...
What is a Non-Qualified Mortgage (Non-QM) and how does it help Southern California homeowners? First, a brief history on what makes a mortgage loan product a "QM", or “Qualified Mortgage.” The Consumer Financial Protection Bureau (CFPB) is an independent agency...
Knowing where you stand credit-wise before shopping for a home loan can save you both time and money. Lenders employ a matrix of sorts that combines a down payment amount and credit score to come up with a mortgage...
Unless you’re one of those official “Fed Watchers” who hangs on nearly every word that comes from current Fed Chair Janet Yellen or any of the Federal Open Market Committee or FOMC members, then you probably don’t have a...
Lending guidelines over the past few years have gradually relaxed in certain areas. Leading up to 2008 and immediately thereafter, lenders seemed to dry up available credit for home buyers. That was true but mostly the lenders that participated...