The Department of Housing and Urban Development (HUD) recently announced that California FHA loan limits will be increased for 2025, in response to rising home values nationwide. According to Federal Housing Commissioner Julia Gordon, this latest increase "enables the FHA…
FHA loans are a popular financing option among home buyers in California. In 2023, they accounted for about 13% of all purchase loans nationwide. First-time buyers, in particular, enjoy the low down payment associated with this program. Today, we will…
VA loans allow military members and veterans to buy a home in California with no money down, a major advantage in a pricey real estate market like ours. This program also allows you to purchase a variety of property types,…
FHA loans are the second most popular mortgage option California, following the standard conventional home loan. First-time home buyers, in particular, favor the FHA loan program because it allows for a down payment as low as 3.5%. But this program…
We often write about the VA loan program from a home-buying perspective. That's because this program offers a lot of benefits for home buyers, including the ability to finance the full purchase price with no down payment. But VA loans…
California home buyers who use the VA loan program are often surprised by the number of choices they have when it comes to their mortgage financing. The truth is, military and veterans who use the VA program have all of…
The VA loan program offers a number of benefits for military members and veterans who want to buy a home in California. And we've written about many of those benefits in the past, on an individual basis. Below, we've compiled…
We know from experience that military members and veterans in California have a lot of questions about the VA loan program. And we've covered many of them right here on our blog. Today, we will answer one of the most…
VA loans offer many benefits to military home buyers in California. This program allows you to purchase a home with no down payment or mortgage insurance, removing a major obstacle to homeownership. Additionally, military home buyers who only plan to…
California military members and veterans with existing VA loans can use the "streamline" refinancing program to refinance with very little paperwork and no home appraisal. That's one of many benefits offered by the VA home loan program, which also allows…
