Higher Loan Limits Mean Now is the Time to Purchase! The Federal Housing Finance Agency just announced that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000. This marks the fourth straight year that the FHFA has
New Guidelines for Self-Employed Borrowers
Self-employed borrowers have faced several challenges when applying for home loans due to their unique income portfolios. However, recently added programs have given lenders more options to qualify self-employed borrowers for financing. Self-employed borrowers can now qualify based solely on
What is the Debt-to-Income Ratio and Why is it Important in Qualifying for a Mortgage?
The key that most lenders use to qualify homebuyers for financing lies in what is called the debt-to-income ratio. This equation that compares how much money you owe to the money you make affects whether you can qualify for a mortgage. As a consumer, your debt load is what you owe in obligations
San Diego Funding is Proud to Support the SEAL Family Foundation
San Diego Funding is proud to support The SEAL Family Foundation’s ‘Families First’ Dinner Gala honoring the U.S. Navy SEALs and their families. This event will feature live music by Electric Mud, incredible auction items, and exciting guest speakers. This will be a great event that highlights all