Primary residence Archives - San Diego Purchase and Refinance Loans

If you have investment properties, there’s a good chance these assets have significant equity. As a property investor, there’s also a good chance you need liquid, usable cash. Investment properties are expensive, and we’re not just talking about the purchase.…

Title Insurance: Little Used, Little Understood, But Vastly Important!

by Chad Baker July 1, 2021 0Comments

There are many insurances that you’ll almost certainly use. Dental insurance, for example, is utilized by practically everyone with a policy. Vision insurance is also used by practically all who have a policy. Healthcare insurance may not be used annually by everyone,…

The Differences Between Buying a Second Home and an Investment Property

by Chad Baker February 11, 2021 0Comments

While they share similarities, there are clear differences between buying a second home and purchasing an investment property. A second home is simply an additional property that you can use as needed; either for enjoyment, family purposes, or professional reasons.…

The Difference Between Loans for Investment Properties and Home Loans

by Chad Baker December 29, 2020 0Comments

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…

How to Qualify for a Larger Loan Using Assets

by Chad Baker September 14, 2020 0Comments

Using assets to quality for a home loan is a common strategy for retirees. If you are at the retirement stage of your life, and want to purchase a new home (and need a loan to do so), you probably don’t have…

Differences Between Buying an Investment Property and a Home

by Chad Baker March 20, 2020 0Comments

Buying an investment property is, in many ways, similar to purchasing your personal home. You start by defining your goals, then look at properties, make offers, take out a loan (in most cases), and finally close a deal. Overall,…

Want to Invest in Real Estate? Here are 7 Low-Cost Options

by Chad Baker March 2, 2020 0Comments

Real estate is expensive. While you can drop a couple hundred dollars into a retirement account, you can’t invest in real estate without thousands of dollars, usually hundreds of thousands and in some cases millions. But there are options... 6 Ways to…

Jumbo Loan 101: What to Know Before Going Large

by Chad Baker May 30, 2018 0Comments

For most homebuyers across the country, a conventional loan is enough for their purchase. However, in high-market areas like San Diego, large sums of money are needed to purchase even a moderate home. After all, a million-dollar home in San Diego is…

What Every Borrower Needs to Know About Fannie Mae Property Types

by Chad Baker March 7, 2018 0Comments

Fannie Mae is an important part of the American real estate market. This government-backed company doesn’t provide loans, but instead purchases mortgage loans from lenders, which can include banks, credit unions, and mortgage companies. The company holds mortgages as an investment and…