It's the start of a new year. So we thought it was time to take a fresh look at the basic mortgage requirements for California home buyers in 2018. Some of the criteria for home loan approval have eased over…
Summary: The president recently signed into law a tax bill that will lower the mortgage interest deduction limit in California. Here's what you need to know about these tax code changes for 2018. California is notorious for having expensive real…
A recent report by a mortgage industry group revealed that a higher number of homeowners in California and nationwide are refinancing their mortgage loans. Will 2018 be a good time for you to refinance your home in California? That depends…
With only a couple of months left on the calendar, many California home buyers are already looking ahead to 2018. And many of them share the same questions regarding mortgage loan qualification criteria. Today, we will answer one of those…
Down payments and closing costs are two of the financial hurdles associated with buying a home in California. Even for borrowers who have plenty of income to cover their monthly mortgage payments, closing costs can still be an obstacle. But…
Across California, homes have become more expensive over the last couple of years. This is the result of strong demand and limited supply within local housing markets. As a result of these trends, more and more California home buyers are…
If you want to buy a house in California but can't come up with a 20% down payment, you still have some financing options available. But there's a chance you'll have to pay for private mortgage insurance, or PMI. This…
The down payment is one of the biggest considerations for most Bay Area home buyers using mortgage loans. And with rising home values in the region, the average down payment on a house in the Bay Area has risen as…
This is part of an ongoing series in which we answer common questions among home buyers in California. Today's question is: What do I need to qualify for a home loan in California? What are the minimum qualification criteria for…
This is part of an ongoing blog post series where we answer common questions among home buyers in California. Today's question is: How much can I borrow for a home loan in California? How do mortgage lenders determine how much…
