Many first-time buyers in California use the FHA loan program to purchase a home. This government-backed mortgage program allows eligible borrowers to finance the entire purchase price, avoiding the need for a down payment altogether. Here are five things to…
For many months now, we've heard how the San Francisco Bay Area is a seller's market. And it's true. Tight inventory conditions coupled with strong demand have made the Bay Area real estate market highly competitive. As a result of…
Should I use a 15-year or 30-year fixed mortgage loan when buying a home in California? Which one is better for my financing situation? These are common questions among home buyers and homeowners alike. So today, we will examine the pros…
You might have heard that borrowers need at least two years of employment to qualify for a mortgage loan in California. And for the most part, this is true. Many home loan programs require lenders to verify that the borrower…
If you're planning to buy a home in the San Francisco Bay Area in 2022, and you need a mortgage loan to make that happen, you might want to expedite those plans. Mortgage rates have risen steadily over the past…
In 2022, many California homeowners who are considering selling their homes worry they won't be able to buy another one. And that's a valid concern. After all, we've heard countless stories about how tight the California real estate market is,…
According to a recent report, a lot of homeowners are planning to list their homes for sale within the next four months or so. If this is true, the undersupplied Bay Area real estate market could experience some much-needed inventory…
Update: This guide was updated in the summer of 2024 to include the latest down payment averages among California home buyers. Home prices continue to climb steadily across the state of California, as we move into the second half of…
The real estate market in San Jose, California -- along with the broader South Bay region -- has been running in overdrive for well over a year now. Tight inventory conditions and steady demand from buyers have led to bidding…
You're prepared to buy a home in the San Francisco Bay Area. You've got your financing lined up. You've chosen a real estate agent to assist in your search. And you just found a house that meets your needs and…
