The 2011 San Diego County FHA home loan limits are unchanged from 2010 for 1-unit properties.  In fact, all counties in California will have the same FHA loan limits for 2011 as they did in 2010. San Diego’s FHA loan limit is $697,500. FHA loan amounts below $417,000 are considered “conforming” and will have slightly […]

In my last post I discussed the San Diego HARP refinance program and a recent success story on a San Diego refinance. In that post, I mentioned that I would talk about an option that allows us to offer a refinance loan on a first mortgage up to 125% Loan to Value (LTV). This program is […]

As a San Diego Mortgage Broker and Banker, I have completed numerous refinances over the last few years using the government sponsored San Diego HARP program up to 105% LTV.  The San Diego Harp Program is offered on Fannie Mae and Freddie Mac owned loans and was designed to help borrowers who lost equity over the […]

As a Mortgage Banker and Broker in San Diego, I come across a number of clients who would like to obtain a purchase loan or refinance their current loan, but either can’t due to their credit score being too low or can’t get the best interest rate.  If they want to get in a postion to […]

*This post is out of date.  Click here for the most up to date San Diego Conforming Loan Limits. The 2011 conforming loan limits for San Diego County are $417,000 for the traditional conforming mortgage program and $697,500 for the San Diego high balance conforming program.  These limits are the same as they were in […]

I wanted to share about a purchase transaction I recently closed in downtown San Diego.  The property was a high rise condo near the San Diego bay that the current owner was selling after owning it for only 6 months.  The purchase price was $775,000 and the client was putting 25% down.  I had a […]

In my last post about Jumbo Loans, I discussed the availability of a 30 year Fixed Jumbo Loan up to $2 Million at 80% financing, and how great this was for those looking to purchase or refinance higher end homes in San Diego County or other high price areas of California.  In today’s post I […]

What is Mortgage Insurance For many homebuyers, the mention of Mortgage Insurance causes them to scowl, but for some, it is a must. For First Time Homebuyers or those who simply aren’t able to afford a large 20 percent down payment, it is a viable option allowing for homeownership with as little as a 3 [...]

As I discussed in my last post, jumbo loans are back in the San Diego and Southern California mortgage market. One of the most exciting developments is the return of the 30 Year Fixed Jumbo Loan. Over the last few years fixed Jumbo Loans have been difficult to find and when they were available they required a […]