Dear Reader, 

Welcome to San Diego's #1 rated real estate and mortgage blog penned exclusively by Scott Taylor and jam packed full of actionable insights about buying and selling real estate, mortgage updates, and detailed case studies on how you can buy your next home CHEAPER, sell it for MORE money, and take advantage of little known FREE money grants.

Here's 3 of the most popular mortgage related articles updated for 2017:

My promise to you is each article will be hard hitting and jam packed with "need to know" local San Diego real estate and mortgage information. 

Scott

-> Do you know of someone in San Diego who would greatly benefit from local on the ground insights about the real estate and mortgage business? Share this with them...

 

Sept. 20, 2017

5 Reasons Why The San Diego GSFA Down Payment Assistance Program Is For You (2017 Update)

5 Reasons Why The San Diego GSFA Down Payment Assistance Program Is For You (2017 Update)

Dear Reader,

Trying to get a home anywhere is a tricky process.

Of course, it gets a little more complicated when you’re trying to make sure that you can get the down payment ready.

When you’re looking at getting a house and are worried about the amount of money that you will have to pay up from for the loan, then you’ll want to take a look at the GSFA down payment assistance program.

If these reasons apply to you, then you might want to take a closer look at the program by looking through our main article on the subject or looking into the limits of the loan a little bit more closely.

This will help you make the final decision on whether or not you want to go through with trying to qualify for this program.

If you have any additional questions, contact me and I’ll help you get started.

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Sept. 20, 2017

San Diego GSFA Down Payment Assistance Program Q and A (2017 Update)

San Diego GSFA Down Payment Assistance Program Q and A (2017 Update)

Dear Reader, 

When you’re researching the GSFA down payment assistance program, you might have some questions about the program and what it can do for you.

While many of the answers can be found in our main article on the topic, here’s an outline of some of the most common questions that people have when they consider the program.

If you have other specifics that you want to know about, you can find a pros and cons article for the GSFA program as well as more information on the limits on the loan type.

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Sept. 20, 2017

San Diego GSFA Down Payment Assistance Program Pros and Cons (2017 Update)

San Diego GSFA Down Payment Assistance Program Pros and Cons (2017 Update)

Dear Reader, 

When you’re looking at the GSFA down payment assistant program, you might not be sure if it will be the best fit for you.

The best way to know if a program is going to be good for you is by balancing out the pros and the cons of the program and trying to figure out if it will be worth the negative aspects.

If you want to know more about the program, you’ll want to check out the more detailed post that we have about it.

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Sept. 20, 2017

San Diego GSFA Down Payment Assistance Program Loan Limits (2017 Update)

San Diego GSFA Down Payment Assistance Program Loan Limits (2017 Update)

Dear Reader, 

Even though this program isn’t a loan program, there are still limits to what they will be able to give you.

This is because they can’t cover the entire down payment for every single person that applies for the program.

By giving a small sum that will help an individual get the right amount of money, they make sure that they are getting help out to more people who will then feel at least a little relief when it comes to purchasing a house of their own.

So let’s dive into the topic of the limits that come with the GSFA down payment assistance program and what you need to know before you get involved.

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Sept. 20, 2017

San Diego GSFA Down Payment Assistance Program (2017 Update)

San Diego GSFA Down Payment Assistance Program (2017 Update)

Dear Reader, 

The GSFA Platinum Program was built to help people pay for the down payment and even some of the closing costs that are associated with purchasing a home.

This program is just for California, which means that those looking outside of California won’t be able to take advantage of the program and the gift that it can give to people.

However, if you are looking for a house in California, you should check out this program and see if it will help you in your house hunting needs.

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Sept. 20, 2017

San Diego Jumbo Mortgage Loans (2017 Update)

San Diego CA Jumbo Mortgage Loans (2017 Update)

Dear Reader, 

What is a jumbo mortgage loan?

Jumbo mortgage or a super non-conforming mortgage is a home loan with an amount exceeding conforming loan limits set by the two government-sponsored enterprises that purchase loans from lenders, including Fannie Mae and Freddie Mac.

In order to fully understand Jumbo Mortgages or Non-conforming mortgages, one should first take a look at Conforming Loans. Home loans with amounts under the limits set by Fannie Mae and Freddie Mac are called conforming loans because they conform to the set standards. 

In most states of the country, the limit on conforming loans for single-unit houses is $417,000. However, there are some high-cost states where real estate is valued higher, such as California, New Jersey, Alaska, etc. Jumbo mortgages are designed to provide financial assistance to people who want to buy a home in these high-cost states. The Jumbo mortgage limits vary from state to state. For example, in Georgia, a loan amount above $625,500 is considered to be a Jumbo loan. While in California, the limit varies from county to county.

Jumbo mortgage loans are something that falls outside of our typical loan types.

This loan, as implied by its name, is larger than the other loan types that you will be able to find out there.

We’re going to take a look into exactly what jumbo mortgage loans are capable of and where you would want to use them.

If you want some more information about the loan, we’ll also have a question and an answer, a pro and con list, and an article even that dives into a little bit of a deeper discussion about the loan limits associated with these loans.

We want to make sure that you understand everything that’s going on here and that you feel comfortable moving forward with your plan for a loan.

So let’s get into it.

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Sept. 19, 2017

San Diego Jumbo Mortgage Loans Q and A (2017 Update)

San Diego County CA Jumbo Mortgage Loans Question and Answer

Dear Reader, 

What is a jumbo mortgage loan?

Jumbo mortgage or a super non-conforming mortgage is a home loan with an amount exceeding conforming loan limits set by the two government-sponsored enterprises that purchase loans from lenders, including Fannie Mae and Freddie Mac.

In order to fully understand Jumbo Mortgages or Non-conforming mortgages, one should first take a look at Conforming Loans. Home loans with amounts under the limits set by Fannie Mae and Freddie Mac are called conforming loans because they conform to the set standards. 

In most states of the country, the limit on conforming loans for single-unit houses is $417,000. However, there are some high-cost states where real estate is valued higher, such as California, New Jersey, Alaska, etc. Jumbo mortgages are designed to provide financial assistance to people who want to buy a home in these high-cost states. The Jumbo mortgage limits vary from state to state. For example, in Georgia, a loan amount above $625,500 is considered to be a Jumbo loan. While in California, the limit varies from county to county.

View More
Sept. 19, 2017

San Diego Jumbo Mortgage Loans Pros and Cons (2017 Update)

San Diego County CA Jumbo Mortgage Loans Pros and Cons

Dear Reader, 

What is a jumbo mortgage loan?

Jumbo mortgage or a super non-conforming mortgage is a home loan with an amount exceeding conforming loan limits set by the two government-sponsored enterprises that purchase loans from lenders, including Fannie Mae and Freddie Mac.

In order to fully understand Jumbo Mortgages or Non-conforming mortgages, one should first take a look at Conforming Loans. Home loans with amounts under the limits set by Fannie Mae and Freddie Mac are called conforming loans because they conform to the set standards. 

In most states of the country, the limit on conforming loans for single-unit houses is $417,000. However, there are some high-cost states where real estate is valued higher, such as California, New Jersey, Alaska, etc. Jumbo mortgages are designed to provide financial assistance to people who want to buy a home in these high-cost states. The Jumbo mortgage limits vary from state to state. For example, in Georgia, a loan amount above $625,500 is considered to be a Jumbo loan. While in California, the limit varies from county to county.

View More
Sept. 19, 2017

San Diego Jumbo Mortgage Loan Limits (2017 Update)

San Diego County CA Jumbo Mortgage Loan Limits

Dear Reader, 

What is a jumbo mortgage loan?

Jumbo mortgage or a super non-conforming mortgage is a home loan with an amount exceeding conforming loan limits set by the two government-sponsored enterprises that purchase loans from lenders, including Fannie Mae and Freddie Mac.

In order to fully understand Jumbo Mortgages or Non-conforming mortgages, one should first take a look at Conforming Loans. Home loans with amounts under the limits set by Fannie Mae and Freddie Mac are called conforming loans because they conform to the set standards. 

In most states of the country, the limit on conforming loans for single-unit houses is $417,000. However, there are some high-cost states where real estate is valued higher, such as California, New Jersey, Alaska, etc. Jumbo mortgages are designed to provide financial assistance to people who want to buy a home in these high-cost states. The Jumbo mortgage limits vary from state to state. For example, in Georgia, a loan amount above $625,500 is considered to be a Jumbo loan. While in California, the limit varies from county to county.

View More
Sept. 19, 2017

5 Reasons A San Diego Jumbo Mortgage Loan Is Right For You (2017 Update)

5 Reasons A San Diego County CA Jumbo Mortgage Loan Is Right For You

Dear Reader, 

What is a jumbo mortgage loan?

Jumbo mortgage or a super non-conforming mortgage is a home loan with an amount exceeding conforming loan limits set by the two government-sponsored enterprises that purchase loans from lenders, including Fannie Mae and Freddie Mac.

In order to fully understand Jumbo Mortgages or Non-conforming mortgages, one should first take a look at Conforming Loans. Home loans with amounts under the limits set by Fannie Mae and Freddie Mac are called conforming loans because they conform to the set standards. 

In most states of the country, the limit on conforming loans for single-unit houses is $417,000. However, there are some high-cost states where real estate is valued higher, such as California, New Jersey, Alaska, etc. Jumbo mortgages are designed to provide financial assistance to people who want to buy a home in these high-cost states. The Jumbo mortgage limits vary from state to state. For example, in Georgia, a loan amount above $625,500 is considered to be a Jumbo loan. While in California, the limit varies from county to county.

View More