Conventional loans Archives - San Diego Purchase and Refinance Loans

Anyone living in the United States, earning an income, and paying U.S. taxes, but not eligible for a Social Security number, should know about jumbo ITIN loans. This is a special mortgage program that allows individuals and families to purchase a home…

Should You Consider Using “Assumable Loans?”

by Chad Baker March 18, 2021 0Comments

Assumable loans are a fairly simple concept: the new owner of the property, instead of taking out a new mortgage, simply “assumes” responsibility for the existing mortgage. They get the same interest rate, repayment period, loan balance, and all other terms included…

How to Get a Construction Loan to Build Your Dream House!

by Chad Baker March 16, 2021 0Comments

If you can’t find the right home, sometimes you just have to make it. Fortunately, there are construction loans that make building your own house more affordable and more convenient! General Construction Loan Requirements for 2021 Although the specifics may…

2021 Loan Limits are Available Now!

by Chad Baker January 5, 2021 0Comments

2021 is here, and so are the 2021 loan limits. If you are considering a new house in the coming year, you should learn about upcoming loan limits so you can purchase the best possible home. Of course,…

Mortgage Research: What to Look For and How to Find It

by Chad Baker October 13, 2020 0Comments

Mortgage research is an important part of the overall buying process. But where is the information, and what should you look for? This article hopes to guide you in the right direction. An informed decision is a better decision. …

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.…

Happy African American couple in love dancing after moving in new house, attractive smiling woman and man celebrating relocating, cardboard boxes with belongings, homeowners in new apartment

How Different Loan Limits for Mortgage Products are Determined

by Chad Baker September 7, 2020 0Comments

There are dozens of choices for loans, and while many people will qualify for more than enough financing, each home loan product has limits. In most cases, these limits are put in place by government authorities. Even jumbo loans, which are by…

Woman in banker's office signing financial loan for project

Forbearance Guidelines: How to Put Your Payment on Hold During COVID-19

by Chad Baker May 20, 2020 0Comments

The COVID-19 outbreak is impacting us all. For some, life has changed little, while for others life has changed significantly. If you are taking leave from your job and currently unable to work, your mortgage can be a heavy financial…

Mobile Home Lending: Four Excellent Loan Options for Your Purchase

by Chad Baker May 4, 2020 0Comments

Mobile homes, modular homes, and manufactured homes offer comfortable, affordable housing that is perfect for many people across the country. Too many, however, assume that loans for these properties come with difficult provisions or harsh terms, such as high interest rates…

USDA Loans: Your “Secret” Option for 100% Financing!

by Chad Baker May 1, 2020 0Comments

When you think of the United States Department of Agriculture , best known as the “USDA,” what come to mind? For most people, it’s choice cuts of beef, food inspections, or simply general guidance for the agricultural industry. For many…

Happy couple dancing after purchasing non-warrantable condo

Non-Warrantable Condo: How to Purchase these Properties

by Chad Baker April 22, 2020 0Comments

When a condo cannot be purchased with a conventional loan, a loan supported by Fannie Mae or Freddie Mac, it is considered “non-warrantable.” If you are searching for a condo and need a loan to make the purchase, you’ll find…

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