Loan Programs

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 […]

*This post is out of date.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 […]

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 […]

Did you know that Jumbo Loans are returning to the mortgage market place? Before the credit crunch of 2008 Jumbo Loans were easily accessible and in many cases you could even get them with little to no income documentation.  Since then, they have been much harder to obtain with few lenders offering them, much larger down payments […]

  The Federal Housing Administration (FHA) just announced on Tuesday February 15th that they will be increasing the annual mortgage insurance premium that they charge on all new purchase or refinance transactions after April 18th, 2011.  The increase will be .25% on all FHA forward mortgages. On a 30 year FHA loan with a Loan to Value […]