Mortgage / Real Estate Financing

Housing inventory remains very low in the Bay Area.  Even though interest rates remain high due to inflationary fears from the Fed’s, the higher cost of financing isn’t slowing the market down. 
In Santa Clara County, there are approximately 930 properties for sale (consisting of homes, town house and condos (as of July 2023)) with a median days on the

It’s been an interesting last few weeks with Real Estate, the Stock Market and Interest Rates!
First…
With the debt ceiling deal in place (thank god), what’s in store for us a country?  See what AP News wrote.  Glad this got put into place as interest rates in just 2 weeks rose .5% and since last month Monday have

Are your Mortgage Payments too High?  Are your Debt’s Eating Away at Your Savings?  Has the Stock Market Hurt your Portfolio?
Check out our New Reverse Hybrid Program…EQUITYAVAIL!
We have a new product that focuses on homeowners in CA, that are 55 years of age and above.  If the homeowner is having financial challenges in affording their current home or lifestyle

Last week on Tuesday, CalHFA announced that they now have $300m to loan out to Home Buyers throughout California!
Why is this Important?
It’s Important for 3 Reasons:

  • Zero Down Financing…Yes Zero Down!
  • Loan Limits for high balance conforming are up to $1,089,000 or $1,361,250 in Price in CA!
  • Income Limits in some areas like Santa Clara County are up

Good Afternoon,
Last week, Mark Jamison, Senior Wealth Director of BNY Mellon in Menlo Park invited me to his office to listen to ACG present on the economy and what they believe will occur over the next 12 months. (To view the actual presentation, click here.)
In the panel, consisting of Senior Analyst from BNY, a VC, a

I have a new loan product that helps developers sell more property in today’s high-rate market.  It’s called 2 to 1 Jumbo Loan and no retail bank offers it.
The concept of this program works like this… Current jumbo rates are approximately 6%.  The buydown (which is priced a tad higher than current market), allows the borrower or seller (builder