Have you heard about the temporary mortgage rate buydown but aren't sure how it works? Wondering if it's the right financing strategy for you? You've come to the right place! In this article, you'll learn how a temporary mortgage rate…
It's a pity when mortgage shoppers don't understand PITI. (Sorry, we had to go there.) But in all seriousness, PITI is a very important concept for California home buyers and mortgage shoppers to understand. It can affect everything from the…
First-time home buyers in California often encounter a lot of terminology they're not familiar with. From ARM to PITI to LTV to DTI, it can be like learning a second language. Not to worry. Below, we've created a glossary of…
We've covered private mortgage insurance in previous articles, from a cost perspective. To further clarify this subject, we have created a list of frequently asked questions relating to private mortgage insurance in California. This guide includes one of the most…
Private mortgage insurance, or PMI, is one of those subjects that tend to create a lot of confusion among first-time home buyers in California. And it's easy to understand why. For one thing, PMI is one of the only types…
If you're planning to use a mortgage loan to buy a house in California, there's a good chance the property will have to be appraised. That's because most banks and lenders require appraisals whenever a home loan is being used.…
Bank statement loans have become more popular over the past few years, partly due to an increase in the number of self-employed and "gig economy" workers. We've written about these types of loans in the past, and how they can…
Do you need a mortgage loan in California for up to $5 million, to purchase a high-end property? Bridgepoint Funding has got you covered! Through our lender partnerships, we now have access to "super jumbo" mortgage loans that offer financing…
If you're a homeowner in California, you've probably heard about home equity loans and HELOCs. But what exactly are these financing options? How do they work? And what are the similarities and differences between home equity loans and HELOCs in…
Do I need to obtain a home insurance policy to qualify for a mortgage loan in California? And if so, what type of insurance coverage do I need? These are common questions among first-time home buyers in the Golden State.…
