North County San Diego Mortgage Expert

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Mortgage and Lending - Caliber Home Loans - NMLS#284800
Working in the San Diego housing market over the past 20 years has been interesting and exciting to say the least. Technology has not only changed the way you shop for homes, but also the way you shop for a mortgage. However, this is still a "press the flesh" business and it is important to get to know your Realtor and your lender.



In California, we know that Prop 13 prohibits tax increase until property ownership has changed.  Your property taxes might increase a little per year, but not substantially.  But have you heard of Prop 60? Prop 60, otherwise known as the Reappraisal Exclusion Program, allows a one-time property ...
We started off the week with "perfect" borrowers still able to get a 30 year fixed in the upper 4's with zero to little points.  Ended at around 5%.  This uptick was partially due to comments released by the Fed on Wednesday. Here is a blurb I received from MBSQuoteline: "Over the last year, the ...
You might recall that until late last summer, if a homeowner had their property listed for sale within the past six months, they were not eligible for a conventional refinance.  Just a reminder that the policy changed to allow not only rate/term refinances, but also cash-out refinances. The new p...
Site condominiums, as defined by FHA, are "single family detached dwellings encumbered by a declaration of condominium covenants or condominium form of ownership."  Basically, a site condo is a detached home sitting on condominium land.  This is similar to a PUD except for land ownership (you can...
We have all heard recently that FHA is waiving their 90day anti-flip rule for transactions with purchase contracts dated from 2/1/2010 to 2/1/2011.  However, most lenders have been hesitant to follow suit due to FHA's very strict re-purchasing rules.  As of today, Primary Residential Mortgage can...

Kevin Kueneke

San Diego Mortgage Banker
local_phone(760) 500-1919
smartphone(760) 500-1919
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