Pulling Cash-Out Equity From a Non Owner Occupied Property is Possible

There are solutions in our current lending environment for pulling cash-out equity from an investment property for real estate investors for one to four-unit California properties. Even in the case of having more than four financed properties which would be allowable as a Conventional loan. If its more then six financed properties there are still […]

Combo or Piggyback Loans Are Back!

A combo or piggyback loan is a great mortgage product especially with a downpayment of less then ten percent in order to avoid mortgage insurance. In terms of the loan amount they can go up to 1,275,000. Also, it can be used on a refinance for home improvement or debt consolidation purposes or to have […]

What is a no closing cost loan?

A no closing cost loan is a great option for those that have refinanced within the past year or two or have purchased a home within the past twelve months. By choosing a slightly higher interest rate the lender would issue out a rebate that covers all of the non recurring closing costs which consists […]

Unpermitted Garage or Additions are OK

An unpermitted garage or room additions or other conversions along with in law units with a stove are acceptable. As long as the scope of the work has been done in a workmanship like manner. Out of the approximately 75 lenders we are approved with several of them are able to do them without converting […]