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...
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....
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...
The home loan process can be a challenging experience for the self employed borrower looking to purchase or refinance a home. Much of the confusion can be attributed to the calculation and documentation of income that a mortgage bank...
It has been estimated that over 7 million people lost their homes in either a short sale or foreclosure between 2007 and 2014. Many of these people are looking to re-establish home ownership and are curious as to how...
You’ve likely noticed the emergence of cable TV shows that feature buying “fixer uppers” over the past few years. There is also no shortage of real estate “gurus” that travel from city to city holding real estate investment seminars showing...
You earned a college degree because you wanted to improve your life. You wanted to increase your chances of working in a fulfilling, rewarding, and financially-secure career, one where you could flourish and have a high-quality income. For good reason,...
Only recently have home values recovered their earlier losses that occurred during the housing debacle of the last decade. Today, we’re still feeling the effects of the loose lending standards that caught too many in a bad situation but as...
You’ll hear it from everyone you talk to. Your friends and family will all tell you that if you have a low credit score, purchasing a home is nearly impossible. If you are fortunate enough to get approved, they...