Orange County Applauds Extension of FHA Loan Limits Through 2013

On November 23, 2011, in Mortgage Programs, by Tim Storm

On October 1, 2011, FHA loan limits in Orange County, CA dropped from their current level of $729,750 down to $625,500. But on Friday, November 19, President Obama signed a new bill which reinstates the FHA loan limits for high cost areas, like Orange County and Los Angeles County, back to $729,750. This is great [...]

Which is Better? CalVet or VA Loan Program

On October 3, 2011, in VA Loans, by Tim Storm

Which Veteran financing program is better for Orange County, CA Veterans? The CalVet program or the standard VA loan program. There are several important differences to consider when determining which program to choose. The VA program may be better for some Veterans, while the CalVet may work better for others. What are the differences? The [...]

Time Running out on 2011 VA Loan Limits for Orange County, CA

On September 7, 2011, in VA Loans, by Tim Storm

The 2011 100% financing VA loan limits for Orange County, CA have been at $700,000 since January. The $700,000 limit is good through December 31, 2011, but after that it could drop. While Conforming and FHA loan limits in Orange County are about to go lower from the current $729,750 down to $625,500, the VA limit [...]

2011 to be a Great Year in Orange County for VA Loan Program

On January 8, 2011, in Mortgage Programs, by Tim Storm

VA loans will be even more popular in 2011 than in 2010 in Orange County, California. There are several reasons, besides the most obvious reason being that no down payment is required up to a $700,000 purchase price. Up until recently, Orange County Veterans did not realize the benefits that a VA loan program offered [...]