If you are purchasing a home and using a mortgage, there are many important factors. While your own financial situation is most important, mortgage interest rates also matter.
Mortgage Interest Rates: Where Do We Stand, Where are We Going? …
Have you received a letter saying your mortgage has been sold? This may seem troubling, but in this article we'll explain why it happens and why it's no cause for concern.
When you purchase a home, you go through a detailed loan qualification…
For San Diego homebuyers, 100% jumbo financing creates a renewed chance to purchase a world-class home in our first-rate city!
100% Jumbo Financing: What it Means for San Diego Homebuyers
Most loans across the country, even if they are not…
It’s no secret that interest rate matters to the total affordability of your loan. Borrowers, lenders, real estate agents, lending professionals; everyone in the mortgage and real estate industry is aware that interest rates matters. But just how much does it…
An interest-only loan is a fairly simple mortgage product. While calculating the financial differences between this option and other mortgage products can be complicated, the loan itself is fairly straightforward.
An interest-only loan is a mortgage product that has an…
Is it worth refinancing for a 1%, .5%, or .25% interest rate reduction? This article will help you make the best decision.
If you pay any attention to the real estate market or the mortgage industry, you’ve inevitably heard that interest rates are…
Real estate can be one of the best ways to invest your money. Not only are you investing in something that steadily gains in value (in most cases), you are purchasing a physical asset that brings a steady cash flow to your…
According to multiple sources, including Inman , a real-estate information and news source, VA loans have “skyrocketed” in 2020, rising about 113% compared to the same period last year.
VA loans are one of the top benefits for the men…
Since 2015, lenders and loan officers are required to issue a document known as a “loan estimate.” These documents can seem complex and intimidating, but if you understand their purpose, and how they help both you and the lending agent, you’ll be…
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…
At San Diego Purchase Loans, we are proud to offer a wide variety of loan products that fit the needs for numerous buyers. For example, in specific resort and vacation areas, we can provide access to a mortgage product that allows for…