I heard that about 20% of the listings on the MLS in Santa Clarita are new construction, and builders are very controlling and generally give a credit if a buyer uses the in-house lender. Sometimes, the rates are inflated to cover the cost of the credit, and other times, the builder’s lender needs the loan […]

Thank you to those of you who made it to Oktoberfest this year! It was another great turnout, and we had lots of fun. We have been doing Oktoberfest for nine years, and we hope you can make it to celebrate 10 years of Oktoberfest and 30 years at Augusta Financial.   Yesterday, I got […]

I have been getting requests for fix and flip or fix and rent properties lately, so I wanted to let you know how they work. I will start with each of these loans being unique and based on the home’s ARV (After Repair Value).   Once we have a home in place, we look at […]

I was looking for some inspiration this morning and I looked over what I wrote two years ago! People believe that interest rates will fall in the next 6-24 months. Inflation is no longer the big story, and the economic news is coming in strong, but I really don’t understand why rates are again at […]

A client recently expressed frustration about being “stuck in Golden handcuffs” because I helped them secure a 2.875% loan in 2020. They’re in a four-bedroom home but feel cramped with three kids aged 12, 14, and 16 – mainly since Dad works from home and the boys share a room.   Here’s the financial situation: […]