We understand that the application process for a stated income loan can be complicated at first, especially if you’re more familiar with the conventional loan application process. If y… Read More
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Read intersecting blogs about California Mortgage and get useful information about Real Estate and mortgage for Orange County, LA County, Riverside County, Ventura County, San Bernardino County and San Diego County.
There is a rise in the desirability among real estate investors searching for the perfect multi-family property in Southern California. Real estate remains one of the best investments you ca… Read More
Are you interested in the process of getting approved for a stated income loan? These non-QM loans are particularly helpful for some of our clients who don’t have the typical income st… Read More
Applying for a mortgage can be a relatively simple process if you’re a borrower with traditional income sources, but if you’re not the process can actually be a bit daunting. If… Read More
If you own your own business or are a wage earner through gig work or another self-employment venture, we know that applying for a mortgage can be daunting. The bad news is, many lenders won… Read More
There are many different types of mortgages, including non-QM mortgages. One of the most complicated parts of the home buying process is determining what type of mortgage is the right fit fo… Read More
Finding a mortgage without traditional income can be a challenge. Many loan programs are designed in a way that doesn’t work for business owners or self-employed borrowers, who don&rsq… Read More
As you begin your journey toward homeownership or buying a new home, one of the factors that is most crucial for your success is your DTI. Understanding and optimizing your Debt-to-Income Ra… Read More
Have you been considering buying an investment property, but aren’t yet ready to pull the trigger? There are so many factors to consider, and we know it can be a little daunting. Maybe… Read More
Cash flow mortgages, also known as investment property loans or rental property loans, are specifically designed to help real estate investors purchase income-generating properties such as r… Read More
You’ve been pre-approved for a mortgage, congratulations! These words will likely put you at ease when you hear them, knowing you’re ready to make an offer on the home you want t… Read More
If you’ve never applied for a mortgage before, there are plenty of ideas you might have that are causing unnecessary stress or leading you in the wrong direction. There are quite a few… Read More
If you are hoping to become a homeowner in the future, we know that you might be like many of our clients and feel discouraged by the increased interest rates and market conditions that make… Read More
As you go through the process of buying a home, specifically finding the right financing option for you, anything that sounds unconventional may have you feeling cautious, such as a bank sta… Read More
The higher your credit score, the better your mortgage options will be. If you are considering buying a home this year, or even further in the future, one of the best things you can do is ma… Read More
A credit score is a number you may not think about often, but it’s a key factor in the home buying process. You may have often heard that a high credit score will help you get the best… Read More
Setting out to buy a starter home is exciting, but it’s also daunting for many of our clients. Trying to determine how much you can afford is likely at the top of your list of concerns… Read More
One of the challenging aspects of applying for a loan is making sure you understand all of the terms. While we are always here to answer your questions about your loan application, it might… Read More
Are you preparing to buy a home or investment property and considering your financing options? Non-Qualified Mortgages (also called non-QM mortgages) have emerged as an alternative option fo… Read More
A cash flow mortgage investor loan is a type of mortgage designed for investors who prioritize generating positive cash flow from their real estate investments. Unlike traditional mortgages… Read More
Bank statement loans have gained popularity as an alternative financing option, especially for self-employed individuals or those with non-traditional income sources. However, like any finan… Read More
Investing in real estate is becoming a common investmen opportunity among many American’s in today’s society. As we enter a new year, take advantage of the inspiration and motiva… Read More
It’s that time, time to set your New Years Resolutions for the upcoming year. As you consider your goals for 2024, is buying a home something that makes the list? We know that sifting… Read More
Closing costs are an essential part of the mortgage process, and we know you might have questions about them. These costs, incurred at the closing of your transaction, cover a list of fees a… Read More
Buying your first home is exciting, but it’s no secret that is can be overwhelming, too. One of the biggest stressors for first time homebuyers tends to be figuring out how to save for… Read More
Have you been wondering if buying a fixer upper is a smart investment move? When you realize the potential offered by real estate investing to build financial stability, generate passive inc… Read More
When you decide to get into real estate investing, securing the right financing is a crucial step towards achieving success. The availability of various loan options can be overwhelming, esp… Read More
One of the best ways to combat inflation is to own real estate, and owning an investment property can provide even more safeguards to offset increased costs. If you are looking into buying y… Read More
Mortgage Backed Securities for Dummies (Just Kidding) – MBS 101
Let me share with you the several factors that influence Mortgage Backed Securities which determines what rate you will… Read More
Building your passive income and creating a financial legacy are some of the many reasons people choose to buy an investment property. There is an extensive list of benefits associated with… Read More
If you are self-employed and hoping to buy a home in California, there are going to be some hurdles in your way with many of the application processes. Many self-employed people wonder how t… Read More
If you’re a first time real estate investor, you may be reeling while trying to figure out the best place to start. Real estate investing in California is one of the best ways to build… Read More
Have you been denied your mortgage application as a self-employed person? Even when you are confident you can afford the amount you are applying to borrow, many lenders might not approve you… Read More
Investing in real estate is one of the best ways to diversify your portfolio and build passive income. Buying even just one investment property can totally change the financial future of bot… Read More
For homeowners looking to expand their investment portfolio or generate additional income, leveraging home equity to buy an investment property can be a the right strategy. By tapping into t… Read More
Owning an investment property can be rewarding and lucrative, offering the potential for long-term financial stability and building generational wealth. For many, buying their first investme… Read More
Interview transcript from the closed captioned interview:
Steve O: Good afternoon, everyone! Welcome to another exciting episode of “Ask the Expert Show.” Today, we’… Read More
Interview transcript from the closed captioned interview:
Steve O: Hey, good morning. Welcome to another SC Experts, where we bring you the top experts in the fields of legal, health… Read More
Real estate investment is a lucrative venture that can provide financial security and build generational wealth. One way to kickstart your real estate investment journey is by leveraging you… Read More
If you’re a first time real estate investor, you may be left with many questions, one being, what is the best mortgage to use for your investment property? Investing in income properti… Read More
You’ve likely heard plenty of buzz around investing in real estate as a smart way to build financial freedom, passive income, and generational wealth. Investing in real estate can offe… Read More
Introduction: “Welcome to the Ask The Expert show on W4CY radio and talk for TV, where we… Read More
A cash flow mortgage is the perfect solution for those looking to borrow money for an income property. It allows you to qualify for the mortgage based on the income potential of the property… Read More
If you are interested in real estate investing, either to become a homeowner or to increase your net worth and create passive income, this article is for you. There are many myths you will h… Read More
Looking for ways to invest and create new financial opportunities? One of the best investments, experts agree, is to invest in real estate.
5 Reasons to Invest in Real Estate
1. Appreciation… Read More
If you are looking for ways to get into real estate investing, you’re not alone. When individuals realize the potential for passive income, building generational wealth, and finding fi… Read More
No Doc Loan and Home Mortgages W4CY: July 18, 2023 – Jackie Barikhan – My Lender Jackie
NO DOC mortgage – Learning details of the NO DOC home loan program – Jackie B… Read More
A bank statement mortgage, also known as a self-employed mortgage or a non-traditional mortgage, is a type of home loan designed for individuals who have non-traditional income documentation… Read More
We offer a variety of mortgage options, but we specialize in Cash Flow Mortgages. Cash flow mortgages can be an ideal solution for real estate investors, providing a unique opportunity to in… Read More
With so many types of mortgages out there, many homeowner hopefuls don’t realize that bank statement loans may be their key to homeownership. One of the most important criteria that al… Read More
If you are preparing to buy your first home, the number of acronyms and terms you’re hearing can start to run together and feel overwhelming. One term that you may see mentioned is &ld… Read More
Investing in real estate has remained one of the best ways to create financial freedom and build generational wealth, but it can seem unattainable for those of us without a large amount of c… Read More
Applying for a mortgage is a major milestone, with lots of emotion attached. Before applying for mortgage pre-approval, most people want to know what they can do to be the strongest possible… Read More
Mortgage rate increases are all over the news, leading some hopeful homebuyers to wonder if 2023 is still a good year to buy a home. Even if you will pay a higher interest rate than you woul… Read More
Obtaining a verified approval letter for a mortgage before searching for a home offers several advantages. Firstly, it provides a clear understanding of your budget and the price range withi… Read More
What is an Appraisal and Why Does it Matter? During the home buying process, numerous steps must be taken to finally purchase your home. Even after you have been pre-approved for a mortgage… Read More
Investing with Limited Capital – Real estate investing is one of the best ways to create passive income and build wealth. If you are interested in getting into real estate investing bu… Read More
Can I Get a Mortgage with Bank Statements – The typical mortgage application process does not work for everyone. Submitting proof of income and employment is easier said than done for… Read More
Property Investment Strategies for Beginners – Investing in real estate can be a powerful way to create passive income or initiate a new career. If you are considering property investm… Read More
As you prepare for buying a home in California in 2023, it helps to understand the typical home-buying process. Each person’s journey to homeownership is unique, but there are some sta… Read More
Everything You Need to Know about a Co-Signer – In the process of applying for a mortgage, you may hear someone suggest you have a co-signer. There can be benefits to having a co-signe… Read More
When you look for information about qualifying for a mortgage, most of what you find online is geared toward traditional borrowers with a W-2 and an employer. If you are self-employed, this… Read More
Why You Shouldn’t Wait to Apply for a Mortgage – There are plenty of factors that might be leading you to wait on applying for a mortgage. Maybe you are worried about how to qual… Read More
Moving can be stressful for the entire household, including pets. Moving brings plenty of noise, change in routine, and added hustle and bustle. It’s easy for both humans and pets to g… Read More
Does the Length of My Credit History Matter? – Your credit score is one of the most important metrics underwriters look at to determine your eligibility for a mortgage. This 3-digit nu… Read More
The process of decluttering doesn’t have to be complicated. Start by making time to sort through your belongings before the move. The more time you have, the better, as it allows you t… Read More
What is PMI and How Do I Know If I’ll Have to Pay It? The more you research buying a home, the more acronyms you will come across. If you’re feeling lost among all the new terms… Read More
Buying a home after divorce can be complicated, especially if your income is a combination of your wages, alimony, child support or if you are the one making alimony or child support payment… Read More
Common Challenges for Self-Employed Mortgage Borrowers – Qualifying for a mortgage as a self-employed borrower is entirely possible, especially with knowledgeable professionals on your… Read More
7 Things to Avoid After Applying for a Mortgage – “Congratulations, you were pre-approved for your mortgage!” This exciting message likely comes with a sigh of relief, and… Read More
Why Does Debt-to-Income Ratio Matter? There are multiple metrics lenders use to determine someone’s ability to repay a mortgage, as well as how much debt they are able to take on. The… Read More
What Do Lenders Want to See from a Self-Employed Borrower? – Are you a self-employed borrower hoping to buy a home in the new year? Qualifying for a mortgage without traditional proof… Read More
Should You Refinance in 2023? – The refinancing storm of the past few years has calmed down significantly as the FED has raised the federal funds rate, but that doesn’t mean your… Read More
Refinancing as a self-employed person might seem out of reach. Without typical proof of income or tax returns to prove to your lender that you can afford your home, qualifying for a traditio… Read More
Is Raising Your Credit Score Your New Year’s Resolution? – Trying to decide on a good New Year’s resolution for 2023? Consider making yours work to raise your credit score… Read More
Mortgage FAQs During a Divorce – If you are in the middle of the divorce process, you may be wondering how this will affect your mortgage options. In this challenging transitional peri… Read More
2-1 Buydowns for Self Employed Borrowers – Have you heard about a 2-1 buydown? This mortgage solution can provide borrowers with an way to lower their mortgage interest rate temporaril… Read More
Are you looking for creative solutions to make buying a home today affordable? With rising interest rates, some buyers are concerned about how to afford the home they want. One of the soluti… Read More
Qualifying for a self-employed mortgage without a traditional job may sound stressful. When you realize that your lender will need proof of income, and your income is variable or has a short… Read More
Home Loan Options For Buyers With A Small Down Payment – If you are buying a home, then you are most likely looking for a home loan. Many people who don’t have the funds for a do… Read More
Do you remember the first time you thought about purchasing a home? You most likely had the best and most aesthetically pleasing home in your mind’s eye. All of these fun imaginative i… Read More
DSCR Loans for Investors – Looking for a creative way to invest in real estate without verifying income? A DSCR loan might be the perfect way to spice up your real estate portfolio. By… Read More
When you want to purchase a home you usually contact a real estate agent first. They will then put you in contact with a mortgage lender if you haven’t already started working with one… Read More
Home Loan Options for Self Employed – When you’re self-employed and you want to buy a home, you fill out the same mortgage application as everyone else. Mortgage Lender… Read More
Bosses Don’t Rent! (How to Be an Owner) – Whether you’re starting a business or already own one and are interested in learning more about a No Ratio mortgage, how it works… Read More
I have heard some stories over the years of clients that had a less than happy ending with their mor… Read More
It is no small feat when it comes to keeping track of your work when you are self-employed. There are often more hurdles to leap when applying for a mortgage when you are self-employed than… Read More
There are a few things to consider when applying for your first loan, including checking over your credit to compare it with your monthly debt payments. If you are applying for your first pe… Read More
How to Qualify for a Mortgage in Today’s Market – Ready to take the leap from renting to owning? Investing in real estate is one of the best things you can do for your financial… Read More
Deciding which type of mortgage is right for you comes down to a combination of financial details and personal preference. If you are prepared with good credit and stable employment, you may… Read More
It is important to understand the general importance of a credit score, and what having a good score can mean for you and your future. The official definition of a credit score is summed as… Read More
Frequently Asked Questions on Calculating Self-Employment Income for Mortgages by My Lender Jackie in California – home loans for self-employed
Is it hard to obtain a mortgage when you… Read More
Are No-Doc Loans Still Available in 2022? – If you have a less than traditional employment situation, maybe you are self-employed, maybe you do gig work, or something similar, you may… Read More
For some mortgage borrowers, providing a monthly income calculation is not as black and white as it is for others. Those who perform freelance work, own a business, or independently contract… Read More
HERO Loans They Might Seem More Promising Than They Are
What is a HERO loan?
In the simplest of terms, a HERO loan is a government-backed mortgage product offered to those homeowners that wo… Read More
Are You Having Trouble Getting Out of a Ygrene or HERO Program? In theory, the overall objective of the HERO or Ygrene loan programs under the PACE program seems like a helpful and beneficia… Read More
Second homes can be a great way to invest and grow your wealth. On top of that, you have an amazing place to vacation whenever you want in one of your favorite places. Second-home ownership… Read More
House Flip Financing – What Options Are There? Quick climbs in home values have led to an interest in many homebuyers and investors looking at the possibility of house flipping. This i… Read More
The state of California has launched a new equity builder loan program in hopes to help first-time buyers become homeowners in a highly competitive market. This program is called a forgivabl… Read More
Different Types of Rental Property Loans – Financing a rental property through a mortgage loan can be a good way to increase your income through real estate investment. You want to mak… Read More
