Summary: A bill introduced in the Senate recently would theoretically make it easier for self-employed home buyers in California to get mortgage loans. In August 2018, a pair of U.S. senators introduced a piece of legislation that could make it easier for…
A June 2018 report from the industry association U.S. Mortgage Insurers (USMI) showed that mortgage insurance helped nearly 73,000 borrowers in California purchase or refinance a home in 2017. Without this insurance, many of the home buyers in that group…
According to a report released earlier this year by the consumer credit-reporting company Experian, the average credit score among residents (and home buyers) in California was 680. But it's possible to qualify for a mortgage loan in California with a…
Using a credit repair company in California might help you qualify for a mortgage loan. But not all credit repair companies are the same. So consumers have to do some careful research and vetting before choosing a service. Here's an…
California home buyers who are purchasing a higher-priced home often end up using what's referred to as a jumbo loan. This means that the amount being borrowed exceeds the conforming loan limit for the county where the house is located…
A recently published report by a congressional tax committee shows who benefits most from the changes to mortgage interest deduction rules. California homeowners in higher income brackets could get the most benefit from mortgage interest deductions in 2018 and beyond,…
Mortgage rates just jumped, tax deductions have shrunk, and loan limits were increased for all of the major loan programs. Those are three of the biggest California mortgage news stories you should know about, as we head into 2018. 1…
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…
