As of summer 2021, it's still a good time to refinance a mortgage loan in California. (For many homeowners, at least.) Mortgage rates continue to hover well below 3% on average, while home prices continue to climb. These favorable refinancing…
It's no surprise that the San Francisco Bay Area is an expensive real estate market. In fact, we have some of the priciest homes in the country on average. As a result, home buyers and mortgage shoppers often wonder how…
Buying a home in the San Francisco Bay area can be expensive. After all, we live in one of the priciest real estate markets in the country. And there's not much we can do about that. Fortunately, there are some…
Bay Area first-time home buyers tend to have a lot of questions about their mortgage financing options. One of the more common questions is: What's the best type of mortgage loan for a first-time buyer in the Bay Area? As…
Homeowners who have renters or boarders renting out a room in their primary residence could potentially use that income to qualify for a mortgage loan in California. While not as common as traditional income sources, boarder rents (or "room rents") can…
Did you know it's possible to use your assets as income when qualifying for a mortgage loan in California? It's true. Borrowers with documented, sufficient assets can often qualify for a home loan in California without the steady income that's…
Conventional mortgage loans are the most popular financing option among home buyers in California. In most cases, conventional loans require a down payment of at least 3%. That's the minimum investment for most borrowing scenarios. But in some cases, borrowers…
Is it still a good time to refinance a mortgage loan in the San Francisco Bay Area, in early 2021? In a word, yes. Many homeowners across the Bay Area could still benefit by refinancing their homes at a lower…
"How much income will I need to buy a home in the Bay Area, in 2021?" This is a common question among home buyers these days, and with good reason. House values in most parts of the San Francisco Bay…
Many borrowers in California end up paying mortgage loan origination fees when buying or refinancing a home. They are one of the most common fees charged by mortgage lenders in California and nationwide. But what are loan origination fees, and…
