The U.S. Department of Veterans Affairs (VA) offers loans to assist with homeownership for those who serve or served in the military. VA loans were designed to make it easier for those in service and their families to own a home, and offer perks such as no required down payment to achieve this goal. But […]
As the real estate market around the country continues to stay strong, qualifying for a mortgage for pricey property can set back any home search. But what if you’re applying for a specific mortgage, like a VA loan? In the case of VA loans, there are some limits to know about, as they affect different […]
When you’re preparing to buy a house, you want trusted advisors on your side. That’s when a real estate agent becomes essential. A buyer’s agent will work as your advocate throughout the purchasing process. They will represent your interests when it comes time to make an offer and negotiate, and they will be able to […]
Are you seeking out a deal in the booming Southern California real estate market? If so, you may have come across listings marked as “short sale.” But what exactly is a short sale? Put simply, it’s when a property is sold for less than the outstanding mortgage on it. In theory, a short sale sounds […]
If you served or are serving in the military, or are the surviving spouse of a veteran, you may be eligible for a home loan from the Department of Veteran’s Affairs (VA). These loans are designed to offer easy terms from the start of the mortgage process to homeownership, in order to get those who […]
For first-time buyers, the entire process of purchasing a home can feel overwhelming. And it is! But luckily for first-timers, there are loan programs available designed to make this process easier when it comes to financing your home. Some specialized loan programs come with specific requirements, while others are open to anyone who qualifies. And […]
When you’re applying for a mortgage, you need to provide your income information – including W-2s and paystubs. But what if you’re self-employed? Getting a mortgage when you’re self-employed is entirely possible, although you may be on the hook for more paperwork to prove your income. However, there are also factors in self-employment that may […]
If you’re shopping for a home, then you know just how big of an obstacle the down payment can be. With conventional loans requiring down payments typically in the 10-20% range, in a high-priced market like Southern California, just securing enough money to guarantee funding can seem insurmountable. That’s why it’s crucial that you start […]
One of the most critical steps in the home buying process is securing financing. Rare are those who can pay in cash for real estate in Orange County, so for most people, this early step is finding a mortgage. You’ll need to submit an application to a lender, so you know what amount, rates, and […]
Part of due diligence when buying a home is verifying a clear title. When there are issues with a property’s title, buyers can run into trouble down the road because of other claims to ownership, money owed, and even minor lot line issues. While you will likely purchase title insurance when buying a home, it’s […]