Using Buydowns to Reduce Interest Rates

To qualify for a home loan, you’ve got to convince a lender that you’re worth the risk. Lenders look at the size of the loan you want, how much money you have, how much income you earn, how much debt you carry, and whether you’ve repaid loans in the past to make their determination. To … Read more

Changes to Home Loans for Veterans

2020 Changes Starting in 2020, U.S. military veterans will be able to qualify for more expensive home loans without having to come up with a down payment. When it comes to home loans, there’s a dividing line between conforming loans and jumbo loans. The maximum amount for a conforming loan right now in Mendocino County … Read more

All Kinds of Loans – Part I

Since most of us don’t have hundreds of thousands of dollars lying around to purchase real estate, we need a loan. The good news is that there are plenty of types of loans to choose from. Whether you’re interested in residential, commercial, industrial, or agricultural property, individuals and institutions are ready to fund your investment—as … Read more