One of the biggest advantages of a VA home loan is the ability for eligible veterans and service members to purchase a home with no down payment and no monthly mortgage insurance. However, many borrowers will pay a one-time VA…
When comparing a conforming vs. jumbo loan, California homebuyers may also encounter a third mortgage category: the high-balance loan. Understanding the differences between conforming, high-balance, and jumbo loans can help you determine which financing option may be appropriate when purchasing…
One of the most common misconceptions about VA loans in California is that the property must have a completely clear pest inspection report before the loan can close. That is not always true. While VA loans in California generally require…
Whether this is your first or tenth home purchase, shopping for a new home is an exciting time. It can also be a stressful and lengthy process. This guide can help you stay on track and in your new home…
Ready to purchase your first home? Use this easy-to-follow checklist to navigate the path to home ownership. Determine Your Budget: It’s best to determine how much house you can afford early in the process to avoid falling in love with…
If you have received your Closing Disclosure from your lender, you are almost done with your home buying journey. The Closing Disclosure, provided at least three full days before closing when you sign the final purchase documents, means that you…
Before you begin your new home search, talk to a lender about getting preapproved for a mortgage. This important step can save you time in negotiations and keep your search on target and within budget. What exactly is a preapproval…
Buying a home is a big purchase, one that takes time to save up to afford. Many homebuyers use a mortgage to finance the majority of the cost, but still need to save up a down payment. Here are five…
If you are getting ready to purchase your first home, there are a few expenses that you need to prepare for before getting to the final closing table. Some are even required before you start searching or complete the sale…
They say that buying a home is all about location, location, location. But what if you do not know what location is right for you? Here are a few factors to consider when deciding on just the right place to…
