Do you plan to buy your first home in California sometime during 2024? Wondering what the real estate market will be like next year, and how it might affect you? You've come to the right place! Below, we have provided…
Will California loan limits go up in 2024? And if so, by how much? This is a common question among mortgage professionals and borrowers alike, as we approach the last month of the year. Borrowers, in particular, want to know…
For much of 2023, higher mortgage rates have had a cooling effect on the California real estate market. The same is true for the rest of the U.S. On the demand side, higher interest rates have reduced affordability among buyers,…
FHA loans are a popular option for some home buyers in California, especially those with credit issues in the past. Now, a recent policy change from the Department of Housing and Urban Development could make it easier for some borrowers…
When you apply for a VA loan in California, your loan file will go through several stages before reaching the final funding. One of those stages involves mortgage underwriting. And we've learned over the years that borrowers tend to have…
When you buy a home in the state of California, there's a good chance you'll experience the title search process firsthand. Title searches are performed for nearly all properties purchased in California, and you'll soon understand why. Every home buyer…
California home buyers typically encounter closing costs when buying a home. These are the various fees and charges that occur when a person buys a house using a mortgage loan. On average, they can add up to 2% to 5%…
First-time home buyers in California often have questions about their ability to back out of the deal and the procedure for doing so. When can I legally back out of buying a home in California? Will I lose my earnest…
By eliminating the need for a down payment, the VA home loan program removes one of the biggest hurdles to homeownership. Eligible home buyers in California who use a VA loan can finance up to 100% of the purchase price.…
In a previous article, we answered some of the most common questions California home buyers have regarding the home appraisal process. Today, we'll zero in on one of those cost-related questions, to offer a more comprehensive explanation. What's the average…
