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…
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 explained some of the documents borrowers need to submit when applying for a VA loan in California. The Certificate of Eligibility (COE) is one of the initial documents a borrower needs to obtain, because it…
This article is part of a broader series that explores many different aspects of the VA home loan program, geared toward home buyers in California. In previous articles, we have examined everything from the application process to the down payment…
VA loans offer a number of compelling benefits for California military members and veterans who are buying homes. Through this program, an eligible borrower can finance up to 100% of the purchase price, eliminating the need for a down payment.…
At Bridgepoint Funding, we are passionate about the VA loan program because it rewards our brave service members and veterans. So today, we will be addressing a common misconception relating to VA loans and how long they take close. Surveys…
This article is part of a broader series that educates California home buyers and homeowners about the VA loan program. In previous articles, we have covered everything from the minimum program requirements to the kinds of documents you have to…
In California, FHA loans provide a path to homeownership for a wide range of borrowers. This program offers significant benefits, including lower down-payment requirements, more flexible credit score criteria, and competitive interest rates. But common myths and misconceptions surrounding this…
