If you’re an active service member, veteran or surviving spouse, VA loans can offer many home financing advantages that can help you get a foothold in the housing market. Zero requirements for down payments and comparatively lower credit thresholds make these mortgages a popular option for those who qualify. However, not everyone who served is …
The pandemic is revving up the higher end of the market and nudging more sales over the $500,000 mark from California to the New York City suburbs. In a historic turnabout that’s one of the biggest, most underreported stories of the COVID economy, higher priced homes—which almost always lag in a surging market—are racing neck-and-neck …
A surprising twist in the COVID housing market: The high-end is sizzling Read More »
QHL’s founder, Mike Pacheco, is featured in Top Agent Magazine as a Top Lender in California. Mike places particular emphasis on expertise, making sure he and his team is always knowledgeable regarding the latest opportunities and action in the market. Tap HERE to get to know Mike and read about his formula for success.
If you’ve been home shopping in a higher-cost housing market, then you may have been presented with an option for a jumbo loan—even if the homes you’re looking at aren’t jumbo-sized. That’s because the “jumbo” in jumbo loans refers to the size of the loan, not the size of the property, and it’s something you …
Understanding the Difference Between Jumbo vs. Conforming Loans Read More »
When it comes to getting a lender’s approval to buy or refinance a home, there are 3 key numbers that affect your ability to qualify for a mortgage and how much it will cost you — your credit score, debt-to-income ratio, and loan-to-value ratio. Here’s a rundown of what they are and why they matter. Credit Score You’re …
Know How Your Numbers Work When Applying for a Mortgage Read More »