by Ben | Dec 15, 2021 | Buyer Resources, Mortgage, Uncategorized
This past year has been frustrating for many buyers. They have shopped for homes, found ones they have fallen in love with, and then to only lose out in a multiple bid scenario. Structuring your purchase contract to gain the attention of the seller is key based on...
by Ben | Dec 7, 2021 | Buyer Resources, Investor Resources, Mortgage, Renter Resources, Seller Resources, Uncategorized
Conforming loan limits in Orange County for 2022 will increase to $970,800 for a one-unit home or condo. So what does this mean? Buyer’s can now obtain conventional financing (20% minimum down payment) on purchases up to $1,213,500 ($1,213,500 x 80% =...
by Ben | Nov 10, 2021 | Buyer Resources, Mortgage, Uncategorized
Over the last 15 years since the financial crisis driven by mortgages issued to subprime borrowers, lending standards have changed drastically. According to HousingWire, 12% of newly originated loans between 2004-2007 went to subprime borrowers, based on research by...
by Ben | Nov 4, 2021 | Buyer Resources, Investor Resources, Mortgage, Renter Resources, Seller Resources, Uncategorized
The experts are projecting mortgage interest rates to increase as the Fed pulls back on it’s asset purchases and is expected to raise interest rates in 4Q21 to help calm the current inflationary environment. Real estate historically is a hedge against...
by Ben | Apr 3, 2021 | Buyer Resources, Investor Resources, Mortgage
The Wall Street Journal recently had an article that new mortgage applications over the past few months have been on a tear, however, lenders are only approving applicants with stellar credit. Below are a few simple steps to help maximize your credit or the lender...
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