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…
Summary: Tech workers in the San Francisco Bay Area (and elsewhere) often use restricted stock units to qualify for mortgage loans. These RSUs, for short, can be counted toward total income, helping the borrower qualify for a home loan. But…
Have you applied for a mortgage loan in California in the past, only to have your application denied by the lender? If so, you might not be entirely out of options. We have been able to approve borrowers who were…
Mortgage lenders review the debt-to-income ratio for loan applicants. The "DTI" compares a person's monthly income to their recurring debts. In general, California VA loans allow borrowers to have a higher debt ratio. We specialize in offering VA loans and…
Most home buyers in California realize that they have to sign a purchase agreement with the seller, before proceeding with the transaction. But many people don't know what kind of information actually goes into a residential real estate purchase agreement…
For many months now, we've heard about tight inventory conditions within the California real estate market. And it's true. While supply levels have increased a bit over the past year, they're still relatively low compared to the number of buyers…
For a first-time home buyer in California, making an offer on a house can be a nerve-racking experience. But with research and preparation, you can make a smart offer backed by market data, while increasing the chance the seller accepts…
Housing market affordability in the San Francisco Bay Area declined over the past couple of years, due to a surge in demand and dwindling inventory. We also experienced a spike in mortgage rates that peaked during November 2022. But now,…
In the past, we've written about the benefits of using a real estate agent when buying a home in the San Francisco Bay Area. Today, we'll offer some tips for choosing a real estate agent. With a bit of research…
Earlier this month, the California Association of Realtors published a new report relating to the California real estate market. It contained housing market data and trends for the state as a whole, along with individual metro areas. Today, we will…
