VA Loans Extremely Beneficial to Military
One of the biggest concerns for the military now in California is the question of affordability. Some people have bought into the myth that the VA loan limit in California is far less than the median price of a home This thought actually is really just a myth. The...Not as Much Deductions? How the 2018 Law Affects Homeowners
Every year when I do my taxes I can’t wait to add in those itemized deductions. I start off with a large number to pay and slowly whittle that down, but this year, those deductions didn’t get me very far. So what’s going on? 2018 taxes were a little...3 Extremely Important Things You Should Know About the Housing Market
The housing market is always a hot topic, especially if you’re planning on buying or selling. But, it can be a bit confusing to understand what’s really going on out there with home prices, the real estate market, and interest rates. Here are three really...How to Determine Fair Market Value
One of the key questions that potential sellers typically ask an agent is, “What is the market value of my home?” Determining fair market value requires experience, knowledge, and honesty in finding accurate comparable sales. In answering this question, I attempt to...How to Get Out of the YGRENE HERO-PACE Loan
YGRENE is the same PACE program for Northern California homes whereas the HERO home loan is for Southern California. Both are similar programs but it’s important to understand each and how to get out of it if you have gotten yourself into one thinking it...
Do Reverse Mortgages Put People at Risk for Losing Their Home?
Often referred to as America’s most hated home loan, reverse mortgages are actually making a comeback and they’re not as risky as a lot of people think they are. There’s a lot of common misconceptions about a reverse mortgage, the main one being the...Will My Credit Score Affect My Chances of Getting a Home Loan?
A lot of us think that that credit score, that end-all/a be-all number is really the deciding factor on whether or not we can get a loan. Any loan or for that matter be it a car loan, student loan, appliance loan, or financing just about anything, but that score, that...
What Happens if the Appraisal Comes in Too Low?
You’ve chosen to buy a house or maybe you’re refinancing and everything’s going along great. The inspection has passed, things look like they’re moving forward, and then you get the appraisal back. Oh no! The appraisal came in lower than...
Bank Statements are the New Stated Income Loan
Back in 2007 and 2008 during the subprime mortgage bust, stated income mortgages were a thing, but they tended to get people into a lot of trouble and made it possible to buy homes they really couldn’t afford. But, with a little bit of finesse, revising, and a...
Welcome to my Blog!
Here you’ll find tips, updates on mortgage laws and changes that can affect your loan or approval. Check back often for more great ideas.