President Signs Bill Extending FHA, VA Loan Limits, Hitting GSEs with Fee in Alameda, CA

On November 21, 2011, in Mortgage News, by Wendy Werdmuller

Friday President Barack Obama signed a bill that reinstates the recently expired higher loan limits that were in effect for FHA and VA loans through December 31, 2013 but does not provide this extension to Freddie Mac and Fannie Mae. According to the article on Mortgage News Daily, “The new legislation also sets an annual [...]

The VA Loan Appraisal Process in Virginia

On September 13, 2011, in Home Buying Process, Mortgage Approval Process, Tips And Advice, VA Loans, by Cynthia Small

  VA mortgage loans are very popular when purchasing a home in Virginia, and the veteran is protected in that purchase through a VA Loan Appraisal.  In fact, before your home can be approved for VA financing in Virginia, a VA loan appraisal must be conducted and completed on the subject property. What is a VA Loan Appraisal? [...]

San Diego VA Loans

On June 27, 2011, in Video, by Jonas Kruckeberg

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 [...]

The Double Dip Recession of Real Estate Proven in Case-Shiller Report Alameda

On June 1, 2011, in Mortgage News, by Wendy Werdmuller

Clearly this article is much longer than usual but the content is important… Today I am floored.  All the gains of the real estate market we saw from the Bush administration are officially gone. Lately, in The Werdmuller Group’s local market, Alameda, with somewhat of an emphasis on Harbor Bay Isle/ Bay Farm Island, I [...]

Can I Qualify For A VA Refinance If I Currently Have A Conventional Loan in San Francisco?

On May 13, 2011, in Tips And Advice, VA Loans, by Wendy Werdmuller

With home values still declining in the Bay Area many homeowners cannot take advantage of today’s low rates on a home mortgage loan refinance. Values in the Bay Area are still declining and we see appraisal issues quite often when refinancing properties in San Francisco, Oakland and Alameda. If you are an eligible veteran or [...]