Posts By Jonas Kruckeberg
Location
California
Phone: 619-436-8267
Posts
VA has announced changes to the VA Funding Fee effective for all loans closed on or after October 1, 2011. On October 1st, 2011, you will be able to get a 100% VA Loan in California and the funding fee will only be 1.40%. On a $250,000 loan amount the difference is $1875 and on [...]
Some of the most common questions asked regarding bankruptcies and VA loans are: Can I even get a VA loan after a bankruptcy? If so, how long do I have to wait? What can I do to increase the likelihood of getting approved for a new VA loan after a bankruptcy? With the recent economic [...]
A VA (Veterans Administration) guaranteed home loan is the preferred loan program for active, non-active, Reserve, National Guard, and retired military of the armed forces because there is no down payment needed and no private monthly mortgage insurance required. San Diego VA mortgage loans can be used towards purchasing a home, building a home, or [...]
San Diego homeowners have many VA refinancing options that will help take advantage of lower mortgage interest rates that will decrease the overall monthly payment saving hundreds, if not thousands, of dollars every year. If you currently have a conventional loan, you can refinance into a VA loan if you are an eligible veteran or [...]
Purchasing a home with a VA loan may seem like a daunting task at first glance, but it is actually pretty straightforward. Working with a San Diego California licensed VA specialist will simplify your experience. Taking out a VA mortgage loan on a new San Diego, CA home purchase is a fantastic way to finance [...]
San Diego CA loan requirements for eligibility for VA mortgages.
After just 2 years, Veterans that have a Short Sale or Foreclosure can obtain a San Diego VA Loan with $0 down – that’s right – 100% financing on a condominium or single family home. A veteran will need to have basic entitlement available or restored and obtain a certificate of eligibility. Contact a San [...]
VA home loan limits for 100% financing in San Diego County have been increased to $537,500 for 2011. That is an increase of $100,000 from 2010. San Diego VA home buyers can buy a home for more than the increased loan limit with a minimal down payment. The requirement is 25% of the difference [...]
In 2011, FHA home loan limits are unchanged from 2010 in San Diego County for 1-unit properties. In fact, all counties in California remain the same for the year. Loan values that exceed $417,001 to the maximum of $729,750 are considered “jumbo”. Loans $417,000 and under are considered “conforming”. FHA loan limits in certain California [...]
California FHA Streamline Refinances without an appraisal just got easier to accommodate. Since November 17 2009, Streamline FHA refinances have had traditional guidelines – prove income, provide tax returns, make sure the debt ratios are in line amongst others. As of June 9, 2010, many investors have informed their lenders that those guidelines have eased [...]
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