First-time home buyers in California have a lot of options when it comes to the type of mortgage loan they use. And there are pros and cons associated with most of these options. The key is to find the financing…
In this article: an explanation of acceptable down payment sources in California, including checking, savings, 401(k) and gift money. When it comes to buying a home, the down payment is one of the biggest hurdles to overcome. For many borrowers,…
In this article: An overview of California stated income loans, an alternative type of mortgage financing for borrowers with non-traditional income or other unique situations. If you're planning to apply for a mortgage loan in California, but want to avoid…
We've written about down payments in California many times in the past. On this page, you'll find links to some of our best articles relating to mortgage loan down payment requirements, guidelines, minimum required investments, and related topics. At a…
In this article: How California home buyers can use seller credits to "buy down" their mortgage rates, resulting in a smaller monthly payment. With today's higher home prices and mortgage rates, home buyers in California often look for ways to…
California super jumbo mortgage loans are back, and we have them. Eligible borrowers can now qualify for financing up to $4 million. As a mortgage broker, Bridgepoint Funding offers a wide range of mortgage loan options. Today, we will talk…
Buying a home in California can be expensive. Because of this, some borrowers might have trouble qualifying for a mortgage loan on their own, based on their income level. This is a scenario where the non-occupant co-borrower can be helpful.…
Real estate investors in California often need to borrow money in a hurry. As a result, they tend to shy away from traditional mortgage loans, which can take weeks to close in some cases. Many investors end up using hard…
Hard money loans are popular among real estate investors who need quick access to cash. These loans allow you to use an investment property as collateral, and they deliver funding faster than a regular mortgage. In this article, we will…
Summary: California mortgage rate forecasts for 2023 suggest that rates could decline gradually next year, from their current level. But those predictions are the equivalent of an educated guess, so they're far from certain. California mortgage rates have risen quite…
