Articles

New Conforming Loan Limits October 21, 2021
New Conforming Loan Limits

This topic has been all over the news lately: the new loan limits. Every year, Fannie Mae and Freddie Mac re-evaluate conventional loan limits. They go back to look at how much appreciation they saw in Q3, then they increase the loan…

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Does Today’s Housing Market Resemble 2006? October 13, 2021
Does Today’s Housing Market Resemble 2006?

With the escalation we’ve seen in home prices over the past few years, many fear that we may be headed for another housing “bubble” and that a crash is just around the corner. So are we truly in the same place as…

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How Could Threats of a Change in Long Term Capital Gains Affect Real Estate? October 7, 2021
How Could Threats of a Change in Long Term Capital Gains Affect Real Estate?

As we start Q4 this year, there is a lot of talk out of Washington D.C. about a possibility of an increase in the short-term capital gains tax. It feels like a situation where there has been so much in real estate…

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Bank Statement Loans… Not the Junk Loan You Might Think September 30, 2021
Bank Statement Loans… Not the Junk Loan You Might Think

Bank statement programs have been out for a while, but I’ve been getting more requests for them lately. I went through a period where I didn’t want to use bank statement programs because it seemed too similar to the subprime days. I…

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It’s Fed Day! I Hope These Fed Presidents Know What They are Doing… September 22, 2021
It’s Fed Day! I Hope These Fed Presidents Know What They are Doing…

Anyone in the mortgage or real estate business needs to be paying attention to what is happening in the Fed meeting and the announcement. Today was day 2 of the meeting, where they always make an announcement at 11 am PST. I…

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Franklin Rolls Out New Down Payment Assistance Program September 15, 2021
Franklin Rolls Out New Down Payment Assistance Program

Great news: we just rolled out a new down payment assistance program. This option is for first-time home buyers. With prices going up, the down payment is getting harder to achieve. There is a big cross-section in the world that assumes you…

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Franklin Loan Center | NMLS 237653
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, 4131316
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