Borrowers who are considering using an FHA Mortgage to purchase or refinance in San Diego and San Diego Mortgage Brokers should be happy to hear the recent annoucement that FHA’s higher loan limts have been reinstated.  Congress recently voted to increase FHA’s loan limits back to the 2010 levels for the rest of 2011 and 2012. […]

In a recent post I discussed a Foreign National Loan program that allows a loan amount of $650,000 and a Loan to Value up to 65% for a San Diego Purchase Loan.  Today, I want to discuss another Foreign National Loan program that I have access to as a San Diego Mortgage Broker.  Foreign National […]

In today’s lending environment, credit scores are more important than ever to get the Best Mortgage Rates in San Diego on your Refinance Loan or new Home Purchase Loan.  As a San Diego Mortgage Broker, I talk with many clients who are looking to Refinance in San Diego or purchase their San Diego dream home.  […]

It was just announced today that the San Diego Home Affordable Refinance Program (HARP) would be restructured in a way that will have a great benefit on San Diego Mortgage Refinances.  The San Diego HARP program will no longer have the 125% Loan to Value ceiling it had for Refinances on fixed-rate mortgages backed by Fannie […]

As a San Diego Mortgage Broker and Banker located in a city near the US border and known around the world for its great weather, I receive a number of inquiries about loans for Foreign Nationals.  Foreign National Loans are hard to come by, but we now have 2 sources who offer them.  Yet again, […]

The conforming loan limits for San Diego County will be lowered starting October 1st, 2011.  The traditional conforming mortgage amount for San Diego purchase and refinance loans will stay at $417,000, but the loan limit for the high balance conforming program will be lowered to $546,250 from $697,500 in San Diego County. Any mortgage amount […]

Mortgage Brokers always say that they can offer the best mortgage rates in town, but seldom do.  If you are looking for a home loan in San Diego for a purchase or refinance and would like to get the best mortgage rates in San Diego and excellent customer service, give me a call.  As a San Diego […]

My clients frequently ask me, “What are the most common challenges that you face during loan underwriting?” … or simply put, what problems might cause the lender to hold up or deny my loan? This is an important question, because if you know about the potential pitfalls ahead of time, you may be able to […]

HUD (Department of Housing and Urban Development) recently announced that the FHA (Federal Housing Administration) will be lowering their loan limits for their high balance loan program.  This program is typically for high priced counties and higher priced homes.  San Diego County currently has a loan limit of $697,500.  Starting October 1st, 2011 the San […]