Archive | Mortgage

Advantages of FHA 15 year Fixed for Orange County

The FHA 15 year fixed program is a great program for Orange County home owners and home buyers. While the downside is the higher payment that comes with a shorter amortization, for those that can handle it, there are thousands of dollars to be saved. FHA 15 Year Fixed Advantages for Orange County Home Owners […]

VA Loans Will Be Popular in 2011 | California

VA loans will be even more popular in 2011 than in 2010 in California. There are several reasons, besides the most obvious reason being that no down payment is required up to a $700,000 purchase price. Up until recently, California Veterans did not realize the benefits that a VA loan program offered them. Benefits of […]

2011 VA Loan Limits | Orange County, CA

The loan limits for 100% VA loan financing in Orange County, CA have been increased for 2011 to $700,000. This is great news and means VA eligible home buyers will be able to purchase homes up to $700,000 with no down payment. There is no other loan programs allowing $0 down anywhere near this loan […]

FHA Loan Limits in Orange County for 2011

The 2011 FHA loan limits in Orange County will remain at the high levels seen in 2010. Los Angeles and Orange Counties will continue to have a maximum loan amount of $729,750 for a One unit property. The amazing thing about FHA continuing to allow loan amounts at this level, is that FHA also only […]

Seven Things Your Orange County Real Estate Agent Should Know About Your Mortgage Approval

While many experienced ¬†Orange County real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied. New regulations, updated disclosures, appraisal guidelines, mortgage rate pricing premiums, credit score, secondary approval layering, rescission deadlines, property […]

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