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Most jumbo loan programs require 3 active “Trade lines” , we have a solution that does not require any trade lines. If you only have 1 or 2 active trade lines most Jumbo mortgage [...]

Conversion of Principal Residence Requirements No Longer Apply Associates should follow the standard rental income and financial reserve requirements when the borrower converts his or her current [...]

FHA is lowering the cost of homeownership….Making homes more affordable for all FHA buyers!   What does this mean if you already have an FHA loan?   You can reduce your payment [...]

It is now possible to buy a home in California with ZERO down-payment. Loan amounts up to $417,000. This new program provides eligible families and individuals with a grant that never has to be [...]

This is a fairly simple question but one that has a few answers depending on your situation: Let’s look at some different scenarios: Conventional loan ( Up to $625k depending on the county, [...]

How to get a Jumbo Loan With A Low Credit Score It is now possible to get a Jumbo Loan with a FICO credit score below 680. There are many people that don’t think they can qualify for a Jumbo [...]

Here is the definition straight from Fannie Mae (pretty much the official word when it comes to mortgages) – Extenuating circumstances are nonrecurring events that are beyond the borrower’s [...]

  Beginning Aug 16th conventional loans will require a 4 year waiting period after Short-Sale or Deed-in-Leu . Prior to this there was a 2 year wait (Fannie Mae backed loans) if you had a [...]

Recently I refinanced an installment land contract for a client. There were quite a few lenders that turned the young couple down, just because they didn’t understand what it was and how to [...]