If you're reading this article right now, you probably already know what a VA loan is. You know it's a government-backed mortgage loan that allows you to buy a house with no down payment. But where do you actually get…
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…
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…
We've written about the different types of home loans available to California home buyers in the past. Today, we want to conduct a side-by-side comparison between VA-guaranteed home loans and conventional mortgage loans. Specifically, we will examine the differences between…
This article is part of an ongoing series through which we are educating California home buyers about the VA loan program. This program is open to many military members and veterans. In previous articles, we explained how you don't need…
Home buyers in California tend to have a lot of questions about the FHA loan program, and also about closing costs. Today, we're going to combine these two subjects, with an explanation of how closing costs work on an FHA-insured…
Bridgepoint Funding is a California-based mortgage company that specializes in VA loans. Because of that, we often provide helpful advice for military home buyers across the state. In this article, we will explain how you can buy a house in…
The federal government released some good news last week, for California home buyers who plan to use an FHA loan in 2023. According to a press release issued by the Department of Housing and Urban Development (HUD), the annual mortgage insurance…
If you're planning to buy a condo in California, and you want to use the FHA loan program, you should know about the FHA's "single unit approval" process. Through this program, individual condo units can now receive FHA approval and…
California home buyers often have questions about the FHA loan program. We've addressed many of those questions in previous blog posts. On this page, you'll find links to some of our best articles relating to California FHA loans (what they…
