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…
In this article: an explanation of "high DTI" mortgage loans for California home buyers who have a high level of debt. For many Californians, the dream of owning a home might seem out of reach due to high housing costs…
Summary: Tech workers in the San Francisco Bay Area (and elsewhere) often use restricted stock units to qualify for mortgage loans. These RSUs, for short, can be counted toward total income, helping the borrower qualify for a home loan. But…
Have you applied for a mortgage loan in California in the past, only to have your application denied by the lender? If so, you might not be entirely out of options. We have been able to approve borrowers who were…
First-time home buyers in California often look for ways to make a low down payment when purchasing a house, making it a top priority. There are two main reasons for this: First-time buyers don't have profits from a previous sale…
We've written about credit scores many times in the past. On this page, you'll find links to some of our best articles about credit scores, and how they relate to the mortgage and home buying process in California. At a…
The COVID pandemic caused a sharp increase in the number of remote jobs across California and the rest of the nation. And while the pandemic has fortunately eased, interest in remote job opportunities remains elevated. A common question among work-from-home…
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…
