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.…
Home buyers in California often become confused about the differences between FHA mortgage insurance premiums and the private mortgage insurance (PMI) that applies to conventional home loans. And it's easy to understand why. The terminology alone can be confusing. But…
Private mortgage insurance (PMI) is often required when a home buyer makes a down payment below 20%, resulting in a loan-to-value (LTV) ratio above 80%. In California, the average annual cost of PMI usually ranges from 0.58% to 1.86% of…
As a home buyer in California, you have many different options when it comes to your mortgage financing. For example, you could choose a government-backed mortgage program like FHA, or a conventional home loan. You also have options when it…
Buying and selling a home in California at the same time can be complicated, especially when it comes to financing. Thankfully, there are several mortgage products available that can help you purchase a new home before selling your current one.…
In this article, we will explain what a rapid rescore is and how it could help you qualify for a mortgage loan in California. Most home buyers in California have never even heard of a rapid rescore. Even so, many…
In this article: the key differences between bridge loans and HELOCs, and how to choose the best financing strategy for your particular situation. When it comes to short-term financing options, bridge loans and home equity lines of credit (HELOCs) are…
If you're a real estate investor in California exploring your financing options, you've probably encountered the term "debt service coverage ratio," or DSCR. These specialized loans allow real estate investors to finance income-generating commercial and rental properties based on the…
