Tag Archives: California home loan

Shopping For A Mortgage Rate? New Rules Consumers Need To Know

Shopping for a mortgage rate, there are some new rules consumers need to know. In the past interest rate shopping conversations for a California home loan were 10 second conversations.  “What’s your lowest 30 year fixed rate?”  An order taker loan originator would check their rate sheet and answer and than the consumer would hang […]

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 […]

Fannie Mae Loan Costs Skyrocket. Is FHA A Cheaper Deal?

  The rumour has turned into reality as Fannie Mae has increased their fees for consumers to obtain a California home loan.  It boggles my mind as to why they would choose to do this now.  Our industry needs a shot in the arm and a instead they’ve given consumers a nasty flu bug that […]

Getting A California Real Estate Loan with 1/2 Percent Down Payment Has Arrived

  Actually this California mortgage has been available for several years but it just doesn’t get any press. The program is government backed and has been around since 2002 but only one lender has the authority to offer this California home loan which is why the general public isn’t familiar with it. The loan is called the […]

California Mortgage|California Home Loan News

Welcome Realtors and consumers.  Tell me your loan scenario or view free videos and guides to the right, or scroll down and read brief articles that affect you and the California real estate loan market.  I look forward to earning your trust and business.  Give me a call with any questions or scenarios 805-276-1942.