Articles

FHA Rehab Mortgages in Temecula March 17, 2011
FHA Rehab Mortgages in Temecula

Think rehab loans aren’t available in today’s lending market?  Think again.  With so many bank owned properties and distressed short sales on the real estate market today in Temecula and the greater Southern CA region, the FHA 203K program might be the…

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Temecula, Murrieta, San Diego Mortgage Brokers March 4, 2011
Temecula, Murrieta, San Diego Mortgage Brokers

Mortgage brokers have been the punching bag for the mortgage business for much of the past several years.  Some brokers created bad blood back in the subprime days of the early and mid-2000’s.  These risky loans were originated almost exclusively through brokers…

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Temecula, Murrieta, San Diego Jumbo Mortgages March 4, 2011
Temecula, Murrieta, San Diego Jumbo Mortgages

They’re baaaaack.  Jumbo mortgages that is. Even just defining a jumbo mortgage is a bit difficult these days.  Just a couple years ago all loans over $417,000 were considered jumbo.  In 2009 the line between “conventional” loans and “jumbo” loans got blurred. …

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New Mortgage Insurance Changes From FHA March 4, 2011
New Mortgage Insurance Changes From FHA

 I just received final word on the dates for the new mortgage insurance changes coming on all FHA loans.  We have until April 18th to register new loans and avoid the .25% increase in the monthly mortgage insurance premium on FHA…

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Temecula, Murrieta, and San Diego Mortgage Loans:  Banks are Still Lending! March 4, 2011
Temecula, Murrieta, and San Diego Mortgage Loans: Banks are Still Lending!

You see it almost every day in the financial news, articles talking about how banks aren’t lending money.  While this is largely true, it absolutely does NOT mean mortgage lending isn’t happening. Since 2008 banks have been on lock down with lending…

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Temecula Home Loans: Qualifying for a Mortgage Loan March 2, 2011
Temecula Home Loans: Qualifying for a Mortgage Loan

As a Temecula home loan specialist, I see a wide variety of customers.  Through the years, I can say that qualifying for a mortgage loan has always been somewhat of a pain. I can remember my dad complaining years ago about the…

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Franklin Loan Center | NMLS 237653
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, 4131316
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