When a Higher Debt-to-Income Ratio Can Still Be Approved Debt-to-income ratio, commonly referred to as DTI, is one of the most discussed numbers in the mortgage process. It is also one of the most misunderstood. Many borrowers assume there…
10 Lesser-Known Fannie Mae Guidelines That Can Influence Mortgage Qualification Mortgage qualification under conventional lending guidelines is often described in simplified terms. Borrowers are told that debt-to-income ratios must remain below a certain threshold, that two years of employment is…
Using a VA Loan to Buy a Multi-Unit Property One of the most powerful and least understood benefits of the VA home loan program is the ability to purchase a multi-unit property with VA financing. For eligible veterans, this…
VA Loan Assumptions: What Buyers and Sellers Should Know VA loan assumptions are one of the most overlooked benefits of the VA home loan program. In the right circumstances, assuming an existing VA loan can create meaningful advantages for…
VA Seller Concessions Explained Seller concessions are a common part of many real estate transactions, yet they are often misunderstood in VA-financed purchases. Many buyers and sellers assume VA loans allow unlimited concessions or believe concessions make an offer…
Understanding VA Appraisals and the Tidewater Process VA appraisals are often misunderstood and, in some cases, unfairly blamed for delays or failed transactions. In reality, VA appraisals are designed to protect veteran homebuyers while ensuring properties meet basic safety…
How VA Loan Entitlement Is Determined VA loan entitlement is one of the most misunderstood aspects of the VA home loan program. Many veterans hear the term early in the process without a clear explanation of what it represents…
Using a VA Loan More Than Once One of the most common misconceptions about VA loans is that the benefit can only be used one time. In reality, VA loans are designed to be reusable, allowing eligible veterans to…
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…
A lot of our readers and clients have questions about the cost of living here in Contra Costa County. One of the most common questions we get is how much property taxes are. The short answer: The current property tax…
