Builders Funding Corp

Thank you San Diego for helping Builders Funding Corp reach our 34th Anniversary! We are proud to have financed your families dreams for beautiful homes throughout San Diego County! Interest rates have recently dropped so call us today and let's discuss your next constuction project, purchase or refinance.

Washington, D.C. The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most of the U.S., the 2018 maximum conforming loan limit for one-unit properties will be $453,100, an increase from $424,100 in 2017.

NAR Survey: Student Loans Do Stop Home Ownership Student loans are the largest single category of non-mortgage debt, composing 35% of personal debt. The National Association of Realtors found that only 20% of Millennials that have student loan debt own a home. That is compared to approximately 40% for Millennials as a whole. 32% reported that they had defaulted sometime, although many become current later. Student loans continue to grow at an exponential rate.

Coming Soon to a Theater near you!! 100% Digital Remote Closings!

https://www.wsj.com//mortgage-closings-just-took-a-big-ste

WOW 4 day Purchase Clear To Close!!!!! over Easter holiday weekend! Loan submitted Thursday 4/13/17 @ 11:30am Clear To Close Tuesday 4/18/17 @ 9:48am Ready to order loan documents!... Thank you Scott Welty and your team at United Wholesale Mortgage, Scott Levison of Seacoast Exclusive Properties, Anne Truscott from Pickford Escrow, Gordon Park and Shawn Cassidy of Builders Funding Corp and most of all congratulations to Mouncif Benziane on this ultra speedy loan approval! Way to go team!

The Feds raised the interest rate .25% this week. Please watch to learn how it will affect you.

Check out this view for Jon and Yvonne Ashton at thier new home AND, no more commuting from Murietta to Scripps Hospital La Jolla!

The Federal Housing Finance Agency (FHFA) announced today that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac will increase in 2017. In most of the country, the 2017 maximum loan limit for one-unit properties will increase from $417,000 to $424,100. This will be the first increase in the baseline loan limit since 2006. In higher-cost areas, such as in San Diego, higher loan limits will rise to $612,950. Orange and LA Counties will rise to $636,150. The days of declining home prices seem to be over as this maximum loan limit rose in all but 87 counties in the US.

According to a Freddie Mac survey. The biggest factors on how buyers chose lenders to finance their home loan is ease of doing business, reputation, and the strength of their relationship with the agent. "Eighty-four percent of real estate professionals have a select group of lenders to which they generally refer their clients. Of these, 73 percent have 1-3 lenders in their network and 24 percent work with 4-6 lenders. More than three-quarters (76 percent) say their clients always or often use their recommended lender referrals. This figure climbs to 87 percent among those who sell more than 20 properties per year."

Corelogic says 28% of the current mortgages have a rate higher than 4.5%, making them prime targets for rate and term refis. Since BREXIT interest rates have once again fallen to historic lows!

Corelogic says 28% of the current mortgages have a rate higher than 28%, making them prime targets for rate and term refis. Since BREXIT interest rates have fallen to historic lows.