A new report from the California Association of Realtors (C.A.R.) found that housing affordability in California rose to its highest level in a year during the first quarter of 2023. That's good news for home buyers across the state, especially…
As a home buyer in California, you have many different options when it comes to your mortgage financing. For example, you could choose a government-backed mortgage program like FHA, or a conventional home loan. You also have options when it…
In this article, we will address one of the most common questions among first-time home buyers in California: Is the earnest money deposit refundable? Here are five things you should know right off the bat: Buyers often include earnest money…
California is a popular market for residential real estate investors. The Golden State has a strong economy, a high population growth rate with frequent property turnover, and a diverse range of markets. This makes California a great place to buy…
Buying and selling a home in California at the same time can be complicated, especially when it comes to financing. Thankfully, there are several mortgage products available that can help you purchase a new home before selling your current one.…
In this article, we will explain what a rapid rescore is and how it could help you qualify for a mortgage loan in California. Most home buyers in California have never even heard of a rapid rescore. Even so, many…
In this article: the key differences between bridge loans and HELOCs, and how to choose the best financing strategy for your particular situation. When it comes to short-term financing options, bridge loans and home equity lines of credit (HELOCs) are…
If you're a real estate investor in California exploring your financing options, you've probably encountered the term "debt service coverage ratio," or DSCR. These specialized loans allow real estate investors to finance income-generating commercial and rental properties based on the…
In this article: An explanation of bank statement jumbo loans, and how certain California home buyers can benefit from using them. We've written about bank statement loans in the past, and how they can benefit self-employed borrowers or those with…
In this article: an explanation of "high DTI" mortgage loans for California home buyers who have a high level of debt. For many Californians, the dream of owning a home might seem out of reach due to high housing costs…
