I just wanted to clarify a few misunderstood guidelines relevant to this market today. FHA loan guidelines state that previous history in the current position is optional. However, we must document two years of prior employment, schooling, or military service and explain any gaps. You can have a gap in employment for an FHA loan, but […]

With the California Dream for all on the shelf until next year, I always get the question about first-time buyer loan programs! Fannie and Freddie have put an excellent program together for first-time buyers making under $126,240.00, and we can manipulate it by not using overtime, taking a spouse’s income off the loan, or not […]

We have done several Private Loans or “Hard Money loans” lately for various reasons. There are many different versions of Private loans, and today I will touch on a few of them. Many of you have heard of our Bridge Loans, and we are currently at 7.99% on these loans, which blows away the competition. […]

Chapstick, Kleenex, Band-aids, Scotch Tape, Q-tips. These are original brands, and we sometimes say things like “Do you have any Kleenex” when you need a tissue. Or, “I cut my finger, I need to get a Band-Aid” when you just need a bandage. Lot’s of copy-cats, but we can all agree that none of them […]

I had a hectic weekend work-wise, and this week has been no different.   I love it when it is busy, but this is different. Everyone put an offer on the same house. LOL! Well, that’s not the case, but we see a lot of this. In my team meeting yesterday, we discussed how important […]