While everyone realizes that divorce is part life, the divorce itself can create concerns for lenders. Many hard-working, financially-secure people will go through a divorce at one point or another, but these people will still find difficulty when applying...
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,...
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...
It’s not common, but yes, there are scenarios that allow VA borrowers to have two or more VA loans active at the same time. The typical situation is when a VA homeowner has been reassigned to a new duty...
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...
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....
  A manufactured home is a type of housing that includes modular homes and is typically constructed at a factory and then assembled on-site. Not only is Not only is cost of construction usually far less than traditional stick-built homes,...
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....
Refinancing with our minimum-down-payment program allows you to get a top-quality loan on your home. Whether you want to make more investments, or simply prefer to have liquid capital ready when you need it, this program gives you plenty...
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...