7 Apr 2020

Real Estate Loans in a Pandemic: Even if there are houses for sale, Can I get a loan? Can I refinance with these low rates?

The Fannie Mae and Freddie Mac market is alive and well. That is loans up to $510k and in some high cost counties across the US, up to $765,000. Rates are the lowest in a long time. No changes have been made yet to underwriting guidelines. Jumbo loans, which are loans above the Fannie and Freddie loan amounts, is starting to tighten. Bank of America has announced That Santa Clara County and Santa Cruz County

31 Jan 2019

Buying a Home with A Reverse Mortgage?

Did you know that, if you are 62 or older, you may be able to use a reverse mortgage to purchase a home? In this article we cover how you can use the equity in your current residence to purchase property; different Reverse Mortgage options on the market today, and how this financial decision will impact your heirs. Using a Reverse Mortgages to Buy a Home You may have heard of using a Reverse Mortgages