San Jose, Bay Area and California Mortgage Blog

Homepath was created to facilitate the purchase of the bulk of REO properties in San Jose and rest of the bay area currently  serviced/guaranteed by FNMA (Fannie Mae). Highlights: As little as 3% down allowed for owner occupied! As little as 10% down for non owner occupied and 2nd Homes! No Mort...

If you are planning to buy a Condo in San Jose or other parts of the state and planning to get an FHA loan keep reading. FHA has made some major changes to their condo guidelines and they go into effect of Nov 2nd, 2009. Some of the highlights: Currently lots of condominium projects in the bay a...

Fannie Mae continues to tighten the underwriting guidelines for San Jose & rest of the Bay Area borrowers. They are doing this to reduce their overall risk. Some of the changes announced recently and going into effect on the weekend of December 12, 2009 further tightens some of the guidelines. H...