Home Loan Solutions

October 1, 2011 means more changes in the mortgage industry.  Conventional and FHA High balance loan limits are going to drop, resulting in more expensive Jumbo loan pricing for many buyers.  The popular USDA loans will be adding monthly mortgage insurance to the monthly payments so qualifying wi...

  California State Teachers Retirement System (CalSTRS) Home Loan Program is Retiring the CalSTRS 80/17 Program.     The California State Teachers Retirement System (CalSTRS) will discontinue the popular CalSTRS 80/17 Home Loan Program on October 1, 2011         This unique CalSTRS program consis...

This is the kind of news that sends a chill up your spine if you're in the mortgage industry, or if you are a Realtor.  In an industry already overloaded with rules and regulations, we can only look forward to more of the same in the future.  This should be a lesson to teach us to look very caref...

PMI MORTGAGE INSURANCE IS CLOSING IT'S DOORS If you are a PMI customer, you may have already received this notice from PMI that they are closing their doors.  Since the Mortgage Crisis began, this is the third Mortgage Insurance company to cease doing business.  In the future, Conventional financ...

I’m going to sue Bank of America for Discrimination against Veterans!  I recently read an article from Tni LeBlanc, a Realtor from Santa Maria, California that asked,                              “Should You Get a VA Loan with Bank of America?   The article discussed the policies of Bank of Ameri...

Home Mortgage Interest Deduction May Soon Be History. For several years there has been talk of eliminating the Home Mortgage Interest Deduction, but this time it looks like it may finally happen.  The combination of this, along with the other recent government blunderings, is not going to help th...

HEAVEN IS A LITTLE SAFER....THE ANGELS HAVE A NEW WATCHDOG Many of you have commented on the little Yorkie that has been taking the place of my profile photo for the past few weeks.  Some of you said he was beautiful while others wondered why I was using his photo in my blog posts and comments.  ...

CalSTRS Makes New Changes to Popular Home Loan Program For Teachers in California CalSTRS  (California State Teachers Retirement System) has announced some new changes to their popular Home Loan Program for Teachers.  The JUMBO loan programs, also known as the NON-CONFORMING LOANS, have been elim...

WHAT GOES ON THE INTERNET.....STAYS ON THE INTERNET.....YIKES! Unless you've been living under a rock, you already know that you shouldn't put anything on the internet that you don't want everyone to see.    I never thought that this would be a problem for me as I've never posted any naked photos...

VA  Home Loan Benefit now combines 3% Lender Funded Grant and $8,000 Federal Tax Credit in California The Veterans Administration has offered VA loan guarantees to assist veterans in obtaining the dream of homeownership since 1944.   These VA Home Loan Benefits offer an exceptional opportunity to...