Well, not exactly, but CalHFA’s Mortgage Credit Certificate income increased yesterday to $57,840 for a Sacramento family of one or two people, and to $72,300 for families of three or more effective yesterday! How is this under 3.25%? Well on a $200,000 loan at 4.5%, the government actually pays $150 of the mortgage payment via a tax credit! That’s the equivalent of lowering [...]
Imagine depositing a cash gift from Mom and having your loan application denied! If you are looking to buy a home, you will definitely want to learn these 20 things not to do. And remember to talk to a mortgage professional first. 1. Enter credit counseling. 2. Change jobs. 3. Freeze your [...]
Many people put off meeting with a lender because they don’t understand what the meeting is really for. It is NOT about the lender learning if you can qualify or not; the lender can usually determine that with some very basic information and a credit report. The real purpose of the appointment is for you [...]
Bob's been around the block a few times - here are some highlights from some of the Thank You cards he's received over the last 25+ years: We were so impressed by the service we received from Bob. From [...]