Bank statement loans Archives - San Diego Purchase and Refinance Loans

While they share similarities, there are clear differences between buying a second home and purchasing an investment property. A second home is simply an additional property that you can use as needed; either for enjoyment, family purposes, or professional reasons.…

How COVID-19 Has Made Bank Statement Loans More Important Than Ever

by Chad Baker February 9, 2021 0Comments

With a changing work environment, bank statement loans are becoming more important than ever before. People are adjusting how they work, and these changes have made the need for flexible loan approval more common. Using bank statements instead of paystubs,…

Mortgage for Self-Employed: New FHA Rules and Their Impact on Borrowers

by Chad Baker September 9, 2020 0Comments

The FHA has adjusted its rules on a mortgage for self-employed professionals. This article outlines the changes and provides information on mortgages for the self-employed. The coronavirus and the resulting economic slowdown has created a variety of changes in the real estate industry.…

Young couple sitting in an office talking to a woman broker or investment adviser

Mortgage Products are Returning to the Marketplace!

by Chad Baker August 26, 2020 0Comments

When the coronavirus started making its way across the United States, many industries had to change they way they do business. In the real estate industry, the massive financial uncertainty created by the national lockdown caused many lenders to slash their mortgage…

Getting info. Woman working in office alone during coronavirus or COVID-19 quarantine, wearing face mask. Young businesswoman, manager doing tasks with smartphone, laptop, tablet has online conference.

What are the Downsides of Purchasing a Home During the Coronavirus Crisis?

by Chad Baker June 10, 2020 0Comments

Thinking of purchasing a home during the coronavirus crisis? There are certainly advantages, but this article outlines some of the downsides you will want to consider. Earlier this month, we wrote an article about the advantages of buying a home during the COVID-19…

Young couple managing finances, reviewing their bank accounts with bank statements

After a Long Wait, Bank Statement Loans are BACK!

by Chad Baker June 1, 2020 0Comments

Banks statement loans are back! The COVID-19 crisis changed this country and the globe in many ways. Some of these changes will be permanent; revisions to how people gather, and acceptance by companies to support remote work will likely…

Man working on papers with glasses and calculator

Know Your Options! Here are 7 Types of Loans for Investment Properties

by Chad Baker January 2, 2020 0Comments

Investing in property is an outstanding way to build a strong, profit-making portfolio. While there can be higher levels of risk and (in most cases) a lot more work involved, investment properties can bring a steady income, often outpacing traditional investments like…

Who Will Benefit from Our Creative Strategies to Establish Income?

by Chad Baker October 3, 2019 0Comments

In a previous article, we discussed the various strategies we can use to establish your income . We feel this is an important topic, and we’d like to revisit the subject by discussing the different people who may benefit from these strategies.…

That’s Our Specialty! 5 Unique Loans Provided By Our Staff

by Chad Baker September 17, 2019 0Comments

At our office, we take a special pride in providing a variety of unique loans; options that may not be available with other groups. These loan products allow us to serve many borrowers who would otherwise be left without financing. Some are…

What You Need to Know About Bank Statement Interest Rates

by Chad Baker July 23, 2019 0Comments

The vast majority of mortgages use paystubs, as well as tax returns, to verify a potential borrower’s income. For nearly everyone, this creates a convenient way to get approved for a mortgage. However, some borrowers need a different way to…

Use These Simple Tips to Secure Your Bank Statement Mortgage

by Chad Baker July 16, 2019 0Comments

If you are self employed, or if you work on a commission-based salary, you must understand the benefits of bank statement loans. Traditional loans require paystubs and tax returns to verify income, but many professionals work in careers that make using these…

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