Short sales have been very common throughout the state of California the last four years. Many borrowers have found themselves upside down on their properties after the decline in house prices mostly in 2008 and 2009. The good news is that you can get a VA loan only two years after a short sale. This means many [...]
State Of California
The VA has gone back and forth on this a few times, but as of now VA home loan lenders have lowered the VA funding fee for VA borrowers in California. This is really terrific news because VA home loans already do not require monthly mortgage insurance, and now even the up front funding fee [...]
Many VA borrowers across the state of California may owe some excess state or federal taxes from previous years that show up on their VA credit report as an existing tax lien. The good news is VA home loan requirements allow borrowers to be approved for a VA loan even if they have an existing tax [...]
The state of California has extended and improved the $10,000 tax credit for home buyers in California. The old tax credit used to only be for brand new built homes, now the tax credit includes ALL first time home buyers buying ANY type of primary residence, brand new or resale. This is wonderful news those who first time home buyers [...]
