If you’re interested in relocating in San Diego, and your financial possibilities and credit rating don’t allow you to qualify for the home of your choosing, contacting a qualified FHA-approved lender can be the best course of action to take. Considered to be among the most helpful, responsive and efficient FHA-insured loan providers in the area, … [Read more...]
10 Reasons To Buy A Home In San Diego
If you are still paying rent and not sure if you should try purchasing a home through one of the various home loan plans available, here are the top 10 reasons why you should buy a home in San Diego. 1. It’s San Diego Many people who have visited San Diego will probably tell you that it is one of the coolest places in United States. You’ll get 70 … [Read more...]
How To Get A Home Loan In San Diego
Getting a home loan may be the most important financial decision you could ever make, and it is best to be informed if you want to be able to benefit from the right loan to suit your needs. Here are a few tips that may help you find a home loan plan in San Diego to match both your requirements and financial possibilities. 1. Do some research You … [Read more...]
How Fast Can An FHA Loan Close?
We've Closed FHA Loans in 15 Days Find out how we take action... Methodology Our methodology is simple: we don’t make promises we can’t keep. We provide excellent communication, high-quality service, and impeccable follow through with every client. And we do all of this while still keeping our rates competitive. HomePlus Mortgage focuses on … [Read more...]
FHA Expert Tips from Maureen Martin in San Diego, CA
You can obtain an FHA loan for the purchase of a multi-family unit, single-family residence, and condominiums. Restrictions vary by location, so ask your FHA-approved lender for additional information. To protect yourself from predatory lenders, work with FHA-approved lenders only. You can become a victim of loan fraud by giving your personal … [Read more...]
How to Qualify for an FHA Mortgage
The Federal Housing Administration (FHA) has a loan to help both low- and moderate-income families with purchasing housing. All FHA loans are federally backed, and FHA lenders have been approved by the federal government to service the loans. Requirements Make sure that you meet basic FHA loan requirements. You must be able to meet most, if not … [Read more...]
First Time Home Buyer in San Diego Tips & Advice
Check the selling prices of comparable homes in your area. Search Web sites to get a general idea of what you should expect to pay. You can also do a quick search of actual MLS listings in your area on a number of Web sites, including the site of the National Association of Realtors. What Can You Afford See what you can afford. Use a mortgage … [Read more...]
What Is the Best Mortgage Rate Available in San Diego?
You'll need to contact a lender to get your credit scores. You should share your credit scores with other lenders rather than letting each one you contact pull your credit history, because multiple inquiries could lower your scores. Be prepared to answer the following questions before a lender can provide an accurate mortgage rate quote: How … [Read more...]
5 Advantages of a Direct Lender
When you work with a direct mortgage lender, you apply with the same company who will be documenting, approving and funding your home loan. It’s a one-stop shop and it has some major advantages. Pros of Direct Lenders The benefits of working with a direct lender are many but two distinct advantages stand out: Competitive mortgage rates … [Read more...]
How To Compare San Diego Mortgage Rates
Mortgage packages consist of more than interest rates. They consist of a quoted rate, points and closing costs. Points Points are an up-front fee paid to the lender at closing. Each point equals one percent of the loan amount. Points are charged, or paid, to lower or increase the rate on the loan. Most lenders will allow you to choose amongst a … [Read more...]
