San Diego Funding

May we never forget freedom isn’t free. On Memorial Day we remember and honor the heroes we have lost and the families they leave behind.

With the recent rise of ADUs in California, we are receiving an influx of questions regarding financing options. https://bit.ly/3fHyWCs #mortgage #adu #financing #sdfunding

A new program aimed at helping more households lock in historically low interest rates, targeting lower-income borrowers who have missed out on the refinancing boom of the past year. Contact us to find out more! https://on.wsj.com/3t3AUSp

As the Summer approaches, the already competitive purchase market has buyers asking if they can still afford to purchase the home of their dreams. The answer is YES. https://bit.ly/3n2y1Qv

While rising mortgage rates are driving down refinance applications, they are not having an impact on purchases. What you need to know. https://bit.ly/2PMMaob

The low supply and incredibly high demand of our Southern California housing market have made buyers' offers very competitive and have allowed sellers to be extremely selective. How do you stand out? https://bit.ly/3aDpQ7x

At 38%, millennials represent the largest share of home buyers in the U.S., according to a survey by the National Association of Realtors released last year. They’re just as interested in owning a home. They just waited longer to buy their first one, says Bradley Nelson, chief marketing officer of Sotheby’s International Realty.

Interest rates and inventory are low and demand is high as we move into 2021, but there is one significant difference compared to the 2020 market, the Covid-19 vaccine. Find out what it means for the real estate market. https://bit.ly/3paUDP0 #mortgage #realestate #financing

Approved in November, the measure lets eligible California home sellers take their lower Prop. 13 tax base with them anywhere in the state no matter how much they pay for their new home. https://bit.ly/3ikrePF #mortgage #sandiegofunding #greatpacificfunding

The New Year is the time to hit the reset button and start fresh. It is also the ideal time for those who are self-employed to prepare to purchase a home in 2021. How you show your income is key to securing financing. https://bit.ly/3bzxdPk #mortgage #financing #sandiegofunding

Thank you for trusting us with your home financing needs in what has been a crazy year! 2021 is going to be at a fever pitch from day one and we look forward to continuing to support your real estate goals. We wish you a happy and safe New Year! Bring on 2021!

2021 is going to be at a fever pitch from day one. More than ever, it is important for sellers and buyers to be pre-approved and ready to compete and succeed. Financing is key and who you work with matters. www.sdfunding.com #mortgage #financing https://bit.ly/34oX2gt

Wishing you and your family a holiday filled with cheer, laughter, and love.

Thanksgiving is more than the festivities, it gives us time to ponder upon what lessons we learned and how we can spread happiness around, to look back at all the great memories and good people who came into our lives. We are thankful for you and your trust in us for your financing needs. We wish you all the best this holiday season and in the coming year.

Conforming loan limits for 2021 have been increased to reflect the average housing prices across the U.S. This is great news as borrowers now stand a better chance of qualifying to finance more house with a conforming loan! Find out more on our blog! https://bit.ly/3lim3j6

Solar leases and solar loans are becoming more prevalent, especially here in Southern California. Certain lending requirements are important to know if you require funding to purchase a home with a solar loan or lease. https://www.sdfunding.com//got-solar-purchasing-a-home-wi/

Thank you to our Veterans - past and present.

The real estate market remains extremely competitive as interest rates remain low. Getting pre-approved is a must and we can help! www.sdfunding.com https://bit.ly/37A9lJe

Last week multiple national financial news outlets reported that home prices pushed higher, fueled by the combination of low interest rates and limited inventory, further emphasizing that what we have been saying about our Southern California market is happening in cities across the United States. https://bit.ly/2GVRSjf

Low interest rates, low inventory, and high demand are fueling Southern California's competitive real estate market. More than ever knowing the "do's and don'ts" of getting a mortgage is critical. #whoyouworkwithmatters #sdfunding #greatpacificfunding https://bit.ly/2GkElBC

Several conditions apply to homeowners previously enrolled in mortgage forbearance programs before they are able to qualify for a new loan or to refinance their existing mortgage. https://bit.ly/35f4n1Y #greatpacificfunding #mortgage #realestate #sandiegofunding

Don’t put off #homeownership no matter how many offers you have to write! https://bit.ly/2RQkbld #realestate #mortgage #financing #sandiegofunding #greatpacificfunding

Don’t put off #homeownership no matter how many offers you have to write! https://bit.ly/2RQkbld #realestate #mortgage #financing #sandiegofunding #greatpacificfunding

Wishing you all a safe and happy Labor Day! Our thoughts are with our brave firefighters and first responders working to keep us safe from the #ValleyFire

It is important that you are armed with the facts, not the hype that drives headlines because the truth is that we do not anticipate a wave of foreclosures across our Southern California market. Find out why: https://www.sdfunding.com/bl/navigating-negative-headlines/

The pandemic put real estate activity around the world on pause and in many markets led to dramatically reduced inventory, so buyers must be ready to act when a new listing catches their eye. Being pre-approved and ready to move quickly is key in this competitive market. We can help! www.sdfunding.com #mortgage #preapproval #financing #sandiegofunding #greatpacificfunding

Recently, #FannieMae updated its guidelines on #properties with solar panels. Under the updated guidelines, a property with #financed #solar panels cannot contribute to the appraised value of the property. Find out more on our blog https://bit.ly/322uyY0

Interest rates dropped below 3% this week - the first time in history they have been this low - creating a huge opportunity for homebuyers. The low rates are allowing buyers to purchase higher-priced homes, especially in markets like ours with shortages of homes for sale. A recent article in National Mortgage News cited that purchasing power rose 10% year-over-year despite 97 straight months of annual housing price increases. With interest rates hitting record lows, buyers w...ere able to afford $32,000 more house as of July 23 than they could the year before with the same monthly payment. We are in a truly unique market that offers incredible opportunities for homebuyers who understand the benefits these historic low rates afford them when it comes to purchasing power. At the same time, home price appreciation is steady due to strength in demand coupled with limited inventory, resulting in huge advantages for home sellers. According to Frank Martell, president and CEO of CoreLogic, As we move forward, we expect these price increases to moderate over the next twelve months. Given the economic outlook, housing remains a bright spot for the foreseeable future. While many of the larger banks are tightening up the number of loans they are funding, San Diego Funding and Great Pacific Funding are closing more loans than ever before. Helping our clients take advantage of today’s market is our top priority.

The crisis has fundamentally changed the way we live our everyday lives with the home now a hub from which we work, exercise, learn, socialize and relax.

Interest rates dropped below 3% this week - the first time in history they have been this low - creating a huge opportunity for homebuyers. The low rates are allowing buyers to purchase higher-priced homes, especially in markets like ours with shortages of homes for sale. A recent article in National Mortgage News cited that purchasing power rose 10% year-over-year despite 97 straight months of annual housing price increases. With interest rates hitting record lows, buyers w...ere able to afford $32,000 more house as of July 23 than they could the year before with the same monthly payment. We are in a truly unique market that offers incredible opportunities for homebuyers who understand the benefits these historic low rates afford them when it comes to purchasing power. At the same time, home price appreciation is steady due to strength in demand coupled with limited inventory, resulting in huge advantages for home sellers. According to Frank Martell, president and CEO of CoreLogic, As we move forward, we expect these price increases to moderate over the next twelve months. Given the economic outlook, housing remains a bright spot for the foreseeable future. While many of the larger banks are tightening up the number of loans they are funding, San Diego Funding and Great Pacific Funding are closing more loans than ever before. Helping our clients take advantage of today’s market is our top priority.

The Summer Real Estate Market continues to move quickly, and now is the time for both buyers and sellers to make a move.https://bit.ly/2EtdUIQ #mortgage #realestate #home #buyers #loan #lowrates #sellersmarket #buyersmarket #homeownership

The decrease in new forbearance requests indicates that further declines are likely in the weeks ahead."

Wishing you all a safe and healthy Independence Day!

San Diego Funding is once again offering 80% 30-year fixed loans to $3,000,000 in the low 3’s. Additionally, we have aggressively priced VA and FHA loans in the low 2’s and FNMA and FHLMC in the mid 2’s. At San Diego Funding, we offer you the added benefit of our free cross-qualifying services to ensure you qualify and provide an advantage in a multiple-offer situation. Contact us today to find out more, www.sdfunding.com

This week new home sales jumped 17%, more than economists expected, as buyers rushed back to the market. Mortgage applications to purchase a home are a staggering 18% higher on the year and last week hit an 11-year high. https://bit.ly/3eGjx3C #mortgage #finance #homes

For the third consecutive week, the number of homeowners requiring mortgage relief has dropped, a welcome sign of the market's long-term health.