One question I hear frequently is, “Is right now the best time to buy a house?” Well, I’d like to let you be the judge of that. Today I’ll provide you with some facts and figures about our market, so that you can get an idea of what’s really going on. The numbers don’t lie. […]
There are two major changes that will take place in the home lending industry in 2018. The first is an increase in lending limits, both locally and nationwide. Here in San Diego, the lending limit will increase to $679,500. In Riverside, the lending limit is increasing $453,100. This affects conventional conforming loans, FHA loans, and VA loans. […]
People always ask me why someone should refinance their home. To answer that question, I’ve got a few smart reasons why refinancing your home loan could be a good option for you. To lower the term. You could go from a 30-year mortgage to a 20- or even 15-year mortgage. Refinancing to a shorter term will […]
What are the steps you must take when buying a home? Whether you’re a first-time homebuyer, you’re buying your second home, or you’re looking for an investment property, the first step is to get pre-qualified. Everybody typically does the fun stuff like look at properties online, but getting pre-qualified is the first step you must take. There […]
As a mortgage lender, people always ask me which factors will most affect their credit. Today, I’d like to share a list of these key factors. 1. Making your payments on time. You may not realize what a dramatic impact missing even just a single payment can make on your credit score. The effect can actually […]