One of the biggest challenge for self employed individuals in the process of purchasing or refinancing a home is the documentation of income. Over 90% of mortgage transactions are underwritten using a traditional income analysis in which a mortgage bank...
There are almost nine million self-employed people in the United States. The state of California alone is home to almost two-millions of these self-employed entrepreneurs. The advantages of self-employment are many, a flexible schedule, control of your life and...
HERO (Home Energy Retrofit Opportunity) is a program that is part of the statewide PACE (Property Assessed Clean Energy) effort. PACE was established in California in 2001 and was used as a blueprint for at least 30 other states....
We’ve seen interest rates gradually rise over the past 12 months or so both as a result of credit market forces as well as a direct result of actions taken by the Federal Reserve. Last March the Fed raised...

Home Refinance Programs

Most mortgage programs today require some sort of a down payment. Outside of the VA and USDA home mortgage loans buyers can anticipate a down payment in addition to the funds needed for closing costs. This down payment represents...
Getting ready to apply for a refinance? Selling your home? Are you wondering what your property might be worth beforehand? Here is everything you need for home appraisal. When you first complete a loan application, you’ll notice there is an...
Closing costs associated with getting a mortgage is pretty much a given. There are closing costs from multiple parties beyond what your mortgage company may require. Your lender might have a loan processing fee and an underwriting fee among...
Both consumers and the majority of Mortgage Lender view a mortgage application as a singular transaction. And for the most part, that might seem reasonable as mortgage loans have a relatively short shelf life compared to the full term...
Couples who decide to end their marriage with a divorce certainly didn’t go into the arrangement knowing full well that at some point a divorce will be a definite life event. No, instead of living a life of indescribable bliss...
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....