Many of you have been asking about the California Dream for All (All = about 2000 families). This is the shared appreciation program where the state will put up to 20% (Maximum $150,000) down for the lucky buyer, who is who wins the lottery and gets to do the shared appreciation loan and will get […]

Non-QM is not the same as non-warrantable! Non-QM stands for non-qualified mortgages, which are loans that are generally at higher rates or have different types of terms than a regular agency loan. Many non-QM loans exist, but I will start with the basics and work around the horn.   Bank Statement Loans – 12-24 Months of […]

There are quite a few things of importance today, and I will go to the condo thing first! Mariposa: No Loans until further notice. Yes, people are saying they can do them, and the HOA is pushing people to lenders, and we have all been using the same bank that says no more! West Creek Condos […]

Every once in a while, I get bored, and I start to look at numbers and geek out on what I see, and then I like to share it with the fine people of this community. From the mortgage meltdown to the pandemic, 2009-2019, interest rates averaged 4.185%, with the lowest year being 3.65% in […]

We now have a cash buyer program where a buyer can purchase a property with cash and refinance after they close. Yes, there are fees, and the buyer will be paying a premium interest rate, but say you have a buyer putting 5% down and is pre-approved with us. We will show proof of funds […]