Impound Accounts, Credits, and Closing Costs
Buying and Selling
A quick note on the relationship between credits, closing costs, and impound accounts. I was recently when talking with a first time home buyer about…
Category: First Time Buyers
March 31/23
New First Time Buyer Loan Program in California – CalHFA
First Time Buyers
First time buyer loan programs can sound appealing, but often times have unfavorable terms under the hood such as huge mortgage insurance premiums and higher…
November 30/21
Conforming Loan Limits See Huge Increase
Buying and Selling
We just learned conforming loan limits will increase over $100,000 in Monterey County from $739,450 to $854,450. This is wonderful news for buyers financing purchases…
September 23/21
What’s a Normal Down Payment? First Time Buyers
Buying and Selling
“What’s a normal down payment?” I received a question recently from a great friend who is starting to plan his first home purchase. He lives…