Focus On Financing

Welcome to our site!

Thank you for stopping by our mortgage web site. Even though we have taken special care and consideration to pack this online resource with a wealth of knowledge about the mortgage and real estate process, we want y ...

Five Myths About Home Values

During periods of economic growth, when home values are typically just going up, most homeowners do not question appraisals much. And in times of turmoil when property values are declining, home sellers and even listing agents quite often question and pick apart appraisals. However, the actual appraisal process changed very little over the course of the housing boom and bust cycle American homeowners witnessed between 2001 - 2009. Since the topic of home values seems to be a hot di ... Read More...

How Much Can I Afford?

How much mortgage money can I qualify to borrow? This is typically the number one question mortgage professionals are asked by new clients. Of critical importance when considering mortgage financing: There is sometimes a difference between what a client ***can*** borrow and what they ***should*** borrow. In other words, what makes for a comfortable long-term mortgage payment? The Quick Answer: If we're simply considering the financial math, lenders will calculate your Debt-to-I ... Read More...

Four Possible Reasons To Refinance

A mortgage is generally the largest debt most homeowners have to manage.  It's a good idea to give your personal real estate finance portfolio a check-up at least once a year. Since there are many reasons a ho ...


2018 San Bernardino & Riverside FHA, VA and Conforming Loan Limits

It's about time! I'm happy to report that the 2018 FHA, VA and Conventional Conforming loan limits have increased once again. This occurred because each year the governing agencies get together and review the area median incomes and area median home prices and update their loan limits for all counti ...
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The FHA 203k Rehab Loan - What You Need To Know

  WHAT IS AN FHA 203K HOME LOAN? The FHA 203k rehabilitation loan allows you to finance the repair or renovation costs into the loan. This is able to be done because the lender will manage both the mortgage and repairs within the loan at the same time. WHEN DO I RECOMMEND USING A 203K ...
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The New 5/5 ARM

For home buyers who want the stability of a fixed mortgage and the low rate of an adjustable mortgage, our 5/5 ARM provides the perfect balance. The low initial rate of the 5/5 ARM is fixed for five years before it can adjust — then it’s fixed for another five years, then another five years and so on. That’s just two adjustments within 15 yea ...
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MIP Reduction Makes FHA More Affordable

UPDATE: The reduction of MIP premium has been suspended indefinitely by the Trump administration. Click here to read more on this.  The U.S. Department of Housing and Urban Development (HUD) recently announced a quarter-percent reduction in mortgage insurance premiums on certain FHA loans. Accor ...
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Planning for a Mortgage Application

Planning ahead for your mortgage application will increase your success of owning a home.  I see it many times... people call me interested in starting the home buying process, but after we hang up they lose motivation to gather their documents and follow instructions that I provide. Buying a home doesn't happen overnight or sometimes even ove ...
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New FHA Rules Regarding Deferred Student Loans

FHA has recently announced that all deferred student loan payments must be included in the borrower's debt-to-income (DTI) starting September 14, 2015. FHA was considered the last option available after Fannie Mae and Freddie Mac announced their change to no longer accept deferred student loan paym ...
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FHA Announces MIP Reduction

Update: 2017 MIP reduced again. Click here to read about it. In efforts to promote homeownership, Obama announced the reduction of the Mortgage Insurance Premium (MIP) from the current rate of 1.35% to .85%. This change is to become in effect for case numbers ordered on or after January 26th, 2015 and expected to reduce the annual premiu ...
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MyCommunity® Mortgage, The FHA Alternative...

Update: The down payment requirement has been reduced to 3%. With this option, at least one of the borrowers has to be a first time homebuyer (has not owned a home in the last 3 years). If a refinance, the mortgage being refinanced has to be owned by Fannie Mae.    FHA has been and will ...
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