Tag Archives: California first time homebuyer

Do I Choose My Loan or Does It Choose Me?

  You may ask yourself, do I choose my loan or does it choose me. Choosing which California home loan to use when purchasing a home can seem daunting regardless if you are California a first time homebuyer or a move-up buyer or a refinancer.  But with today’s market the loan almost chooses you.  That’s right, the […]

Loan Originators No Longer Able To Waive Fees As Of April 1 2011

As of April 1, 2011, the lender/loan originator compensation law kicks in. This is not good for consumers. We’ve all had those transactions where at the close of escrow the buyer is short closing costs or wants lender fees to be waived in order for the deal to close and usually the lender/originator obliges in […]

A First Time Homebuyer Tip On How To Maximize Your Purchasing Power

  A first time homebuyer tip on how to maximize your purchasing power. When purchasing a home a California first time homebuyer needs to know how consumer debt and its monthly payments affect their ability to qualify for a California mortgage. Here’s a statistic to remember, per $100.00 in minimum payments of consumer debt that is […]