Accessory dwelling units, or “ADUs,” are small living spaces, separate from the main home, that can be rented out to tenants. Helping bring a steady income to owners, while also easing the housing shortage , ADUs are a popular option all across…
Whether you are an experienced buyer or searching for your first property, you may have come across a unique term, one that is becoming more and more popular in the mortgage industry. “Lock and shop” is gaining traction as a loan strategy,…
When considering a conventional loan in San Diego, you should understand this form of financing, including the advantages and disadvantages for these mortgages. This article will explain what a conventional loan is and how it is different from other types of mortgages.…
When the COVID-19 crisis began spreading across the United States, prompting government officials to order the temporary shutdown of numerous offices and businesses, the real estate and lending industry was hit hard. Many products were temporarily shuttered; high-risk loans, such as jumbo…
Owning your own personal vacation home is a wonderful way to give yourself an exclusive sanctuary. No reservations required; you can simply drive (or fly) to your property and enjoy a nice weekend getaway. Or, with today's mobile technology, even a month-long…
UPDATE: AS OF JANUARY 2021, FHA LOANS ARE NOW AVAILABLE FOR DREAMERS!
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Are FHA loans for Dreamers a possibility?
There is some uncertainty about this topic, and even though the Department of Housing and…
If you are a “Dreamer,” one of the hundreds of thousands who have benefited from the Deferred Action for Childhood Arrivals policy, you may assume that getting a home loan would be a challenge. After all, you are not an official…
Want to have a smooth home-buying process? If you are using a mortgage, make sure to ask your lending agent these important questions…
12 Essential Questions to Ask Your Lending Agent
1. “What Type of Loan is Best for Me?”…
When you are thinking about purchasing a home, what’s the first thing you consider?
For many; it’s the downpayment. This chunk of money creates a lot of worry, delay, and confusion among would-be homeowners. Knowing how much you will need…
It can be difficult to pay for repairs, which is why so many people choose renovation loans.
When an emergency repair, such as a leaking roof or cracked foundation, occurs in your home, it needs to be handled quickly. You…
Purchasing your first home can be scary.
For years, you’ve been told that homeownership is essential for financial success, but when it comes time to make the purchase, it can be easy to hesitate. Renting might seem like a waste…