VA loans in Chula Vista
VA loans in Chula Vista VA loans in Chula Vista are a great home loan option for qualified Veterans. This loan product allows for the purchase of a home with no money down and we offer competitive interest rates. Below is a brief outline of the process: How to Get Approved for VA Loans Set…
Read MoreIs now a good time to buy
Is now a good time to buy I have been asked this question many times recently and can honestly say, it’s never a bad time to buy real estate. Due to many recent interest rate hikes in 2022, it has pushed many qualified buyers to put their interest in purchasing a home on…
Read MoreWhat are impounds?
An impound account, also known as an escrow account is required on VA and FHA loans but is optional on all Conventional loans with a minimum of 5% down. An impound account is an account set up to include taxes and insurance within the monthly mortgage payment. When the impound account is initiated (usually when…
Read MoreWhat is Private Mortgage Insurance?
PMI or MI also known as private mortgage insurance, is an insurance required on all FHA mortgage loans (regardless of down payment amount) and Conventional loans (whenever the borrower(s) come in with less than 20% down payment). Mortgage insurance was created to help insure the lender so that in the case of default, the lender…
Read MoreWaiting periods after bankruptcy and foreclosure
Waiting periods after bankruptcy and foreclosure. Waiting periods after bankruptcy and foreclosure. There are many different loan programs offered and each has their own unique waiting period requirements. Today I will focus on three of the most popular loan products VA, FHA, and Conventional loans. The waiting periods before the borrower is able to once…
Read MoreWhat are the credit score requirements?
There are many different loans programs offered and they each have a unique credit score requirement therefore, I am going to focus on three of our most popular loan products. The most popular loan products are VA, FHA, and Conventional loans. A VA loan requires the Veteran to have a minimum credit score of 600…
Read MoreWhy you should work with me instead of a big bank or credit union
Why you should work with me instead of a big bank or credit union. Why you should work with me instead of a big bank or credit union. Buying a home is one of the largest purchases one will make in their lifetime. I understand the importance of making the right decision in electing…
Read MoreWhat are the benefits of home ownership
What are the benefits of home ownership What are the benefits of home ownership? Owning real estate is very beneficial to anyone’s financial future. Whether you buy a Condominium/Townhouse, multi-family, or a single-family residence; you can’t go wrong. One very important reason to own real estate are the tax deduction benefits. As a homeowner, both…
Read MoreWhy FHA loans are a great option
Why FHA loans are a great option Why FHA loans are a great option. FHA loans were created to help prospective home buyers purchase a home with little down and to help those with less than perfect credit. FHA loans are insured by HUD which is the government. FHA loans are a great option because:…
Read MoreAttention active duty service members
Attention active-duty service members Attention active-duty service members, a veteran receives a monthly basic housing allowance also known as “BAH”. Service members are able to purchase a home with $0 down (in most cases) and cover their monthly mortgage payments with only their BAH or just a little more than their “BAH”. Oh, and…
Read More
