Loan Programs

Below is a brief description of your mortgage options and ways to get the process started:

Conventional Home Loans

Most lenders would consider a conventional mortgage as a loan that conforms to the guidelines set forth by Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs) ….(read more)

Jumbo Mortgage Financing

A jumbo mortgage is a mortgage with a loan amount above conventional conforming loan limits. This standard is set by the two government-sponsored enterprises …..(read more)

Home Equity Loans

A home equity loan (sometimes abbreviated HELOC) is a type of loan in which the borrower uses the equity in their home as collateral. These loans are sometimes useful to help finance …..(read more)

FHA Mortgage Loans

The FHA’s goals are to improve housing standards and conditions, provide an adequate home financing system through insurance of mortgage loans and to stabilize the mortgage market. …..(read more)

Reverse Mortgage Senior Loans

A lifetime loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple payments. The homeowner’s obligation to repay the loan is deferred until the owner …..(read more)

203k Rehab Loans

The financing for this loan will include the purchase price, as well as the improvements you are either required to do to be able to live in the home, or that you want to do, such as upgrade the kitchen…..(read more)

VA Mortgage Loans

The basic intention of the VA direct home loan program is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans …..(read more)

Mortgage Terms / Vocab

While most mortgage web sites offer a glossary containing hundreds of real estate and lending related terms, we wanted to highlight the top terms that most borrowers will hear several times …..(read more)

How Much Can I Afford?

One of the most important items to remember when looking into financing is there is sometimes a difference in the amount a borrower can qualify for vs what’s in their budget for a comfortable …..(read more)

Property Types

Whether you are purchasing, doing a rate/term refinance or taking equity out of your property through a cash out refinance, occupancy type is a major factor in determining the amount of down payment …..(read more)

What’s Mortgage Insurance?

Mortgage insurance (also known as mortgage guaranty) is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. …..(read more)

FHA Mortgage Insurance

FHA insurance is required for any FHA mortgage, irrespective of the size of the down payment provided. The premiums for both insurances get cancelled at a certain point …..(read more)

Credit Do’s and Don’ts

How can a fully approved loan get denied for funding after the borrower has signed loan docs? Simple, the underwriter pulls a new credit report to verify that there hasn’t been any new activity since …..(read more)

VA Funding Fee

The VA Funding Fee is an essential component of the VA home loan program and is a requirement of any veteran taking advantage of this zero down payment government loan program. …..(read more)

how can we help you?

Contact us at619-858-4784. We are happy to answer any questions you have.

Great professional service

Craig was instrumental in me and my wife buying our first home together. I had a foreclosure, due to being laid off for a year, and without his assistance and knowledge of the buying and credit process, we would still be renting to this day. I believe he went above and beyond his basic duties, he spent extra time working with me to help clean up my credit to insure we would get the best interest rate. He was able to get us a great rate, even with my low score, and we were able to move into our new home.

Over the next few years, continuing to work with Craig we were able to increase our credit score and refinance our home a couple of times with lower interest rates each time. When we were ready to purchase a new home, he worked with us to insure the price was within our current budget and was able to secure a wonderful loan. He is also very knowledgeable in the VA loan process to insure a smooth transfer from one home to the other.

We are very pleased with the service and professionalism Craig provided us and will continue to work with him for all of housing finances in the future.

whitleyr1
Client, Oceanside, CA