The Bridgepoint Funding website has more than a dozen helpful tutorials related to VA loans, written specifically for California home buyers. As a mortgage company that specializes in VA loans, we do our best to educate borrowers on this important…
California military members and veterans tend to have a lot of questions about the VA home loan program. One of those questions has to do with the maximum financing amount available through this program: How much of the home price…
Surveys have shown there are many misconceptions and misbeliefs relating to VA loans. And that's unfortunate, because a lot of people who are well-qualified for this program might not apply due to misinformation they read online. For example, one of…
Do you plan to buy your first home in California using a VA loan? If so, you probably have a lot of questions about how the process unfolds. Bridgepoint Funding has you covered! Summary: This checklist explains the different steps…
In this article: an overview of Freddie Mac's HomeOne® mortgage product that allows California first-time home buyers to make a down payment of 3% on a purchase. First-time home buyers in California often have a hard time saving up enough…
Note: This article was originally published in 2023 but was updated in June 2024 to offer all of the latest numbers, data, and trends. The 2024 conforming loan limit for most of the San Francisco Bay Area is $1,149,825. So…
Summary: California FHA loan limits for 2024 have been increased due to home price growth and will range from $498,257 to $1,149,825 depending on the county. Yesterday, we reported that federal housing officials increased California's conforming loan limits for 2024,…
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…
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…
