Credit report Archives - San Diego Purchase and Refinance Loans

by Chad Baker February 22, 2022

7 Reasons You Should Use a Bank Statement Loan

Bank statement loans can create a path to mortgage financing when other options fall short. With high loan limits, reasonable downpayment requirements, and flexible application terms, these loans are ideal for many people, especially the self employed. Here are seven reasons to use…

Finding Good Tenants: Tips for Current and Future Landlords

by Chad Baker December 24, 2020 0Comments

We love investment properties. We love the fact that it can bring a steady monthly income. We love how it’s an asset that (usually) grows in value while you own it. But investment properties will bring plenty of challenges. From…

Poor credit score report with pen and calculator

5 Essential Tips for Priming Your Credit for a Mortgage Applications

by Chad Baker August 31, 2020 0Comments

Priming your credit before a mortgage application is easier than you might think. This article will outline 5 effective tips for to enhance your score. While it’s not an accurate gauge for overall financial stability, a strong credit score can be useful for…

What All Borrowers Need to Know About Pre-Qualification vs. Pre-Approval

by Chad Baker March 27, 2020 0Comments

The real estate and mortgage industries are loaded with terms that many people don’t understand. Debt-to-income ratios, conventional loans, and HELOC are just a few examples of terms that are used by professionals in our industry but often misunderstood by the general…

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Commercial Real Estate Loans: How to Get a Mortgage for Your Business

by Chad Baker March 11, 2020 0Comments

Commercial real estate loans can improve and enhance your business. The majority of mortgage loans are made to individuals and couples purchasing their personal residence. Most people understand these loans, or at least have a general picture for how they operate…

How Badly Do Multiple Credit Inquiries Impact Your Score? You May be Surprised!

by Chad Baker February 12, 2020 0Comments

Do multiple credit inquiries destroy your credit? There is a universal myth about the lending and credit industries that can have a negative impact on how you apply for mortgage loans and even how you shop for properties. Unfortunately, many people believe that multiple…

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Upfront Costs: How Much Will You Need to Make a Purchase?

by Chad Baker November 28, 2019 0Comments

Purchasing a home is not quite as simple as it looks on television. There are numerous fees and costs associated with the purchase, and, while most are affordable, they add up in total price. Make sure you are prepared by…

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…

First-Time Homebuyers: What Challenges Can You Expect?

by Chad Baker January 7, 2019 0Comments

Buying a home is an important milestone for many people. Along with buying a first car, graduating college, and even getting married, people often reflect on the purchase of their first home as memorable moment. But while it should be enjoyable,…

Buyer’s Closing Cost: What You’ll Pay When Purchasing a Home

by Chad Baker November 23, 2018 0Comments

Closing costs are an important part of every property purchase. There’s no way to avoid them, but you may be able to reduce the amount you pay. By understanding closings costs, including the various fees you’ll have to pay, you…

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