As mentioned in a previous blog post, we expected the California conforming loan limits for 2022 to be increased due to steady home-price gains. And now it's official. On November 30, the Federal Housing Finance Agency (FHFA) announced that they…
Home prices in Contra Costa County, California have skyrocketed over the past year or so. As a result, federal housing officials have increased the conforming loan limits for Contra Costa. In 2022, the new conforming loan limit for a single-family…
This article explains the basic credit score requirements for VA loans in California. The short version is that the Department of Veterans Affairs doesn't have a minimum credit score requirement for borrowers. But having a good score could help you…
Mortgage loan limits, requirements and guidelines can sometimes change from one year to the next. For instance, we recently wrote that the size limits for conforming loans will likely go up in 2022. But we haven't seen any major changes…
Need a VA loan in Palmdale, California? We've got you covered. Bridgepoint Funding specializes in VA loans and serves the entire Antelope Valley region. We've begun publishing a series of articles geared toward home buyers and homeowners in Palmdale, California…
Government-backed home loans are a common mortgage option within the San Francisco Bay Area. While they're not as popular as conventional or "regular" mortgage products, government home loans do offer some key advantages for certain types of borrowers. But what…
FHA loans are a popular mortgage option among some Bay Area home buyers. Their biggest appeal is a relatively low down payment and flexible qualification criteria for borrowers. First-time buyers, in particular, find this program appealing. In this article, we…
This article is part of an ongoing series that explains the VA loan process in California. Today, we will cover some of the standard paperwork and documents that are required for VA home loans in California. Note that this is…
Recent reports have shown that home sellers in California are sometimes reluctant to accept offers from buyers using VA-backed mortgage loans. This reluctance seems to come from a misunderstanding about how VA loans work. Some homeowners worry they'll be subjected…
Are you planning to use a VA home loan to buy a house in California? If so, you might want to consider making your purchase sooner rather than later. According to a pair of recent forecasts, California VA loan rates…
