The 2012 San Diego County FHA loan limits are unchanged from 2011 for 1-unit properties. The San Diego FHA loan limit is $697,500. FHA loans in San Diego with loan amounts below $417,000 are considered “conforming” and will have slightly lower rates and less stringent guidelines.  San Diego FHA Loans that exceed $417,001 to the […]

  *This article has been updated.  Please see 2014 Conforming Loan Limits for San Diego. The 2012 conforming loan limits for San Diego County are staying at $417,000 for the traditional conforming mortgage and $546,250 for the San Diego high balance conforming program.  Remember that loans from $417,001 to $546,250 will have about a .25% higher interest rate and […]

The Federal Housing Administration (FHA) just announced on Monday February 27th, 2012 that they will be increasing the annual mortgage insurance premium on new San Diego FHA loans for all purchase and refinance transactions. FHA loans in San Diego will have their annual mortgage insurance premium (MIP) increased by 0.10 % for loans under $625,500 and […]

The new San Diego Home Affordable Refinance Program will be available starting March 19, 2012 to San Diego Mortgage Brokers and Bankers.   Guidelines for the new HARP program will not have the 125% Loan to Value cap it currently has for fixed-rate San Diego Refinances owned by Fannie Mae and Freddie Mac.  The San Diego HARP Program […]

If you listen to the radio on your daily commute, you will hear multiple commercials for San Diego Mortgage Brokers saying that they can offer the best mortgage rates in San Diego.  Those same San Diego Mortgage Brokers also advertise low closing cost or no closing cost options. My 10 years of experience as a […]

Now is a great time to get a Jumbo Loan in San Diego.  In the 10 years that I have offered mortgages in San Diego and the 6 years I have been a San Diego Mortgage Broker, I have never seen rates as low as they are right now for Jumbo Loans. Imagine being able […]

As a San Diego Mortgage Broker who works with all types of mortgages in San Diego and throughout California, I am often asked, “Does it make sense for me to refinance my home loan?” or “How much does my interest rate need to decrease to make it worthwhile to refinance?”  While these questions really depend on each […]

What is a VA Loan? – San Diego VA loans are one of the few ways in San Diego to be able to buy a house with 100% financing and are offered by most San Diego Mortgage Brokers.  The only other loan program that offers 100% financing is the USDA loan program which I will […]

A few weeks ago I wrote a post about the new guidelines that were announced for the Home Affordable Refinance Program (HARP) in San Diego.   The new HARP program will not have the 125% Loan to Value cap it had for San Diego Refinances on fixed-rate mortgages owned by Fannie Mae and Freddie Mac. These changes […]