Loan approval Archives - San Diego Purchase and Refinance Loans

Mortgage loans for personal property are fairly common, and most people understand the purpose and basic details behind this financing. Loans for investment property, on the other hand, are a little different. Fewer people use them, which means fewer people…

Senior couple cooking healthy food and drinking red wine at house kitchen

Using IRA Distribution Income to Qualify for a Loan? Here is How Your Income is Calculated

by Chad Baker April 10, 2020 0Comments

When you were working, calculating your income for the purposes of securing a loan was easy. But with retirement accounts, it can be slightly more complicated. However, if you understand the basic math, you can use IRA distributions for the purchase of…

Has Your Loan Been Rejected? Learn About Possible Causes and the Best Solutions

by Chad Baker September 3, 2019 0Comments

If your loan has been rejected, it can be a tough situation to handle. You probably thought your were all but guaranteed approval; after all, you know plenty of people who were approved for a mortgage loan, and your finances, so you…

It’s Closing Time! How Long Should You Expect from Search to Purchase?

by Chad Baker August 20, 2019 0Comments

Of all the traits you need when purchasing a home, patience may be the most important. There can be months, even years, between shopping for properties and finally settling into your own house. The exact length, however, depends on many factors. To…

A fast car represents FHA Streamline refinancing

Accelerate the Process with FHA Streamline Refinancing

by Chad Baker November 14, 2018 0Comments

Intended to make refinancing of FHA loans more convenient and efficient, FHA Streamline refinancing is one of the most beneficial options for homeowners. This is a faster, easier way to get the loan you need, all with less paperwork, fewer qualification requirements,…

Retirees learning about IRA distributions

5 Tips for Using IRA Distributions for Loan Approval

by Chad Baker October 31, 2018 0Comments

If you are retired and need a new home, approval for a mortgage can be difficult. You no longer have a regular income from work, and the income you do receive comes from a wide variety of sources. To get…

Buying a Multi-Unit Property with an FHA Loan? These are the Facts You Need to Know!

by Chad Baker October 22, 2018 0Comments

Investing in rental property is one of the most reliable and profitable investments you make. Of course, it’s never a sure thing (nothing in investments ever is), and you can certainly lose a lot of money when you purchase the wrong rental…

SDPL Makes Home Loans for Foreign Nationals More Accessible!

by Chad Baker September 7, 2018 0Comments

In the past, getting a home loan as a foreign national has been difficult. Lenders often have a complicated task when it comes to verifying information provided by non-citizens. For example, in the U.S., we don’t use the same credit-scoring system as…

Applying for a VA Loan? Make Sure You Have these Essential Documents

by Chad Baker July 9, 2018 0Comments

If you served in the United States military, you deserve to access all the benefits you have earned, including affordable VA loans. But securing a VA loan can become complex. As you may have already learned, there is a lot of…

How to Find Affordable Financing for Your Investment Properties

by Chad Baker November 24, 2017 0Comments

Owning real estate property is perhaps the most stable and reliable investments you can make. Property has a long history of consistent growth, but it’s not easy to purchase, as you usually need hundreds of thousands of dollars. Fortunately, you…