Loans

Purchase Your Dream Home With No Down Payment!
by Sandra Martinez Herranen

Saving for a down payment is difficult. For example a standard 5% down payment on a $400,000 home is $20,000 and that's without closing costs. Lack of a down payment is a major obstacle for many potential buyers, who feel that they will never be able to attain the benefits of home ownership. But there is a solution. full story >

It's a Home Buyers Market! Are you Financially Prepared?
by Janee Del Colletti

You've thought about it and decided it is time to buy a new home. But, are you financially prepared? There are many costs associated with buying a home that go beyond the monthly mortgage payments. Establishing your current financial situation will help you determine what kind of house you can afford, what you need for closing costs, and what you need to do to save for those expenses. full story >

Top Ten Tips for Prospective Home Buyers
by Janee Del Colletti

Purchasing a new home can bring out many emotions: stress, fear, and EXCITEMENT! If you are considering purchasing a home it is best to take a few steps to be prepared. full story >

New 2002 Conforming Loan Limits
by Janee Del Colletti

On November 28, 2001 Freddie Mac announced that it will increase the conforming loan limit from $275,000 to $300,700 as of January 1, 2002. full story >

One Month Later
by Janee Del Colletti

Today marks the one-month anniversary of America's worst tragedy in history. The destruction of the World Trade Center and the Pentagon has affected our country physically, emotionally, and economically. Our office has been flooded with calls. Clients are asking what is happening with interest rates? Is it a good time to refinance? Is it a good time to purchase a new home? full story >

The Loan Sign-off
by Mark Junod

A purchase loan sign-off is normally a very happy event. Or at least it can be. The loan sign-off takes place at a title company a few days before the actual close of escrow. full story >

Best Rate Guarantees? Consumers Beware!
by David Reed

The sellers say "yes" they love your offer and the packing boxes are ready for your move. You've already been pre-approved by your lender, so now it's time to really start mortgage shopping. full story >

Taking advantage of Proposition 60 or 90
by Tai Boutell

My husband and I have lived in a house in San Francisco for more than 25 years. Can we buy another house first and then sell the old one to take advantage of Proposition 60 or 90, or do we have to sell the old house first? full story >

No Sign Housing Market is Slowing
by Tai Boutell

With signs of a slowdown now evident in key segments of the national economy, should you be waiting for the next shoe to drop - a decline in the rate of appreciation in the value of your home? full story >