by Irene Moustakas | Jan 11, 2018 | Featured, Industry News
Increased rental and housing prices have created a crisis in California, so the “Affordable Housing Fee” (Senate Bill 2) was passed last year, and is in effect as of January 1, 2018. This bill creates a funding source for affordable housing, collected through...
by Irene Moustakas | Dec 13, 2017 | Featured, Tips
The first step you should take if you are considering buying a home is to have a mortgage professional help you determine how much you will qualify for. To follow are the typical steps and explanations that I go through with my clients. I will provide a sample...
by Irene Moustakas | Dec 4, 2017 | Featured, Industry News
Great news – The Federal Housing Finance Agency is increasing conforming loan limits again in 2018! New conforming loan limit will be $453,100, and high-balance loan limit will increase to $679,650 for high-cost counties. Lenders are also accepting locks and...
by Irene Moustakas | Oct 24, 2017 | Featured, Industry News, Loan Programs and Products
Fannie Mae recently announced a student loan refinance program, which allows homeowners to use their homes’ equity to pay off student loan debt. This is a special program, and even though you’re tapping into your home equity, you are not getting charged a “cash-out...
by Irene Moustakas | Jul 10, 2017 | Featured, Loan Programs and Products
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