Real Estate Industry Blog » Jonas Kruckeberg

Requirements For Eligibility On San Diego VA Loans

Jonas Kruckeberg — Fri, 18 Mar 2011 19:49:57 +0000

Understand the VA loan requirements and what affects eligibility for a San Diego VA mortgage.

2011 VA Loan Limits For California

Jonas Kruckeberg — Thu, 17 Mar 2011 00:42:09 +0000

San Diego, California VA county loan limits for 2011 has increased to $537,500. Check what the VA county loan limits are for each county in the United States. VA Jumbo loans are discussed.

Apply for a VA Loan After Short Sale or Foreclosure

Jonas Kruckeberg — Wed, 02 Feb 2011 00:55:35 +0000

Can San Diego Veterans that have a Short Sale or Foreclosure obtain a VA Loan to purchase a new home with 100% financing? Yes! After just 2 years, with Basic Entitlement in place or restored, you can receive financing for a condo or single family residence. Short Sale and Foreclosure A short sale occurs when [...]

FHA Streamline Refinance Without Appraisal

Jonas Kruckeberg — Thu, 17 Jun 2010 17:30:05 +0000

California FHA Streamline Refinances without an appraisal just got easier to accommodate. Since November 17 2009, Streamline FHA refinances have had traditional guidelines – prove income, provide tax returns, make sure the debt ratios are in line amongst others. As of June 9, 2010, many investors have informed their lenders that those guidelines have eased [...]

How to Apply For or Reserve Your California First Time Buyer and New Home Credit

Jonas Kruckeberg — Tue, 04 May 2010 00:25:57 +0000

As of May 1, 2010 the frenzy for California’s First Time Buyer and New Home Credit began. This is first come, first serve territory, so you’d better get your applications and reservations in quickly. Everyone has been anticipating the credit, now it comes down to following guidelines, filling in the paperwork correctly, having the appropriate [...]

Guidelines for 2010 Tax Credit for New Home and First Time Home Buyer Released

Jonas Kruckeberg — Wed, 31 Mar 2010 01:21:39 +0000

California’s first time home buyer and new home tax credit for 2010 guidelines are now posted on the Franchise Tax Board’s website. This is an update to last week’s post on the California tax credit extension. I will concentrate on answering several questions that have been raised and provide a few popular scenarios that many [...]

$10000 California First Time Home Buyer and New Home Tax Credit Extended

Jonas Kruckeberg — Tue, 23 Mar 2010 18:14:14 +0000

Governor Arnold Schwarzenegger’s proposal to extend the $10,000 first time home buyer tax credit has been passed by California Legislature. The tax credit would begin May 1st, 1 day after the Federal Tax Credit ends April 30th. The previous California tax credit limited to a total of $100 million for new home purchases only was [...]

USDA Rural Home Loan in California

Jonas Kruckeberg — Wed, 03 Mar 2010 01:21:18 +0000

USDA Rural Home Loans are one of the hottest programs for home buyers in Riverside County, California. In cities like, Temecula, Murrieta, Sun City and Murrieta, 100% financing is available and it’s completely legitimate. USDA Home Loan Highlights 100% Financing No Down Payment No Mortgage Insurance No Cash Reserve Requirements No Seller Contribution Limitations Finance [...]

Fannie Mae Homepath Offers Closing Costs and New Whirlpool Appliances Incentive

Jonas Kruckeberg — Thu, 04 Feb 2010 16:39:06 +0000

Fannie Mae is offering a 3.5% incentive* for California home buyers who purchase and close on a Fannie Mae-owned home between January 28 and April 30, 2010. Buyers purchasing properties listed on this site that are closed within this period may receive up to 3.5% of the final sales price for: Closing costs; The purchase [...]

FHA 90 Day Flip Rule Waived in California

Jonas Kruckeberg — Tue, 19 Jan 2010 19:47:13 +0000

HUD just gave a nice boost for California FHA insured mortgages. The 90 Day Flip Rule that hindered FHA buyers and certain home sellers from going into contract together has been temporarily waived for 1 year. Starting February 1, 2010, a home purchased by a LLC, Trust or by owner within the last 90 days [...]