If you have bought or sold a home in the past two years; if you payed any attention to the local and national real estate markets, you know that home prices are rising. To help people purchase safe, comfortable, quality housing while…
San Diego is a red-hot market. Homes sell fast, often purchased at totals well above the asking price. Buyers, especially recently, often feel frustration when trying to purchase a San Diego property; they either can’t afford a home in the area or…
This article will help you understand the basic tax implications of giving a downpayment gift.
For many people, the downpayment is a significant barrier to homeownership. For most mortgages, you need roughly 5% to 10% of the purchase price to secure the loan.…
The VA loan is one of the best mortgage options in the industry. While it’s only available to qualifying veterans, VA loan approval allows future homeowners to make the purchase with easier qualification requirements and a low downpayment. Compared to other loans,…
When considering a conventional loan in San Diego, you should understand this form of financing, including the advantages and disadvantages for these mortgages. This article will explain what a conventional loan is and how it is different from other types of mortgages.…
If you're an American veteran with an existing VA loan, you may be able to take advantage of lower interest rates and reduced monthly payments through a handy program officially called the Interest Rate Reduction Refinance Loan (IRRRL). A more common…
While some mortgages are available with 0% down, the vast majority of home loans require at least a small amount. Exactly how much cash you need depends on the loan, the purchase price, and personal factors. Most people, however, will need to…
Can you use a VA loan for a multiunit property? Yes, but there are certain conditions you need to meet.
VA loans can be extremely useful for qualifying veterans. Providing simplified access to high-quality mortgages, VA loans can be utilized…
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…
There are many ways to purchase an investment property. You could use loans designed specifically for investors, or you could, if you have the funds, purchase the property outright.
But there is one strategy that often gets overlooked: VA loans.…
The downpayment is one of the biggest hurdles to homeownership.
So big, in fact, that is keeps many would-be borrowers from getting the home they deserve. This is understandable, as even a minimal downpayment can equal thousands of dollars. For…