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.



This is an update to a post I wrote a few weeks ago... The Franchise Tax Board has updated their site to include the application required (Form 3549-A) to claim the CA 1st Time Buyer Credit as well as the form required (Form 3549-RR) to reserve money for purchasers of new construction properties ...
On a purchase loan, most lenders will tell you that you cannot lock in a rate until a property is under contract.  Not true! Primary Residential Mortgage, a mortgage banker and direct lender in Carlsbad, offers a "Lock and Shop" product which gives a prospective buyer the ability to lock in today...
We are well aware of this coming Friday's importance related to the Federal $8,000 1st Time Buyer Tax Credit as well as the Federal $6,500 Repeat Buyer Tax Credit.  Per the IRS website, "an eligible taxpayer must buy, or enter into a binding contract, to buy a principal residence on or before Apr...
As a mortgage professional, I am frequently asked about the effects of mortgage lates and foreclosure on credit scores. has a pretty good article regarding this. Per Fair Isaac, your credit score will take an average hit of 40-110 points for a 30-day mortgage late payment, 70-135 point h...
As an affiliate member of the North San Diego County Association of Realtors (NSDCAR), I like to participate in their program REALTORS Building A Better North County.  This program provides community service opportunities for San Diego real estate professionals such as Habitat for Humanity and th...
Did you know that members of the uniformed services, members of the Foreign Service, and employees of the intelligence community are eligible for the $8,000 Federal 1st Time Buyer Tax Credit and the $6,500 Federal Repeat Buyer Tax Credit after they expire for everyone else?   This applies to any ...
In years past, closing documents would include an IRS Form 4506T which would allow the lender to verify with the IRS that the tax returns provided by the buyer are in fact the ones on file with the IRS.  Lenders would typically only execute the form, or actually order the transcripts, as a qualit...
FHA has a nice little niche guideline nicknamed the "Kiddie Condo".  This guideline allows a non-occupant family member to go on the loan and basically carry the load.  These are full documentation loans and income and debt from all parties are used to qualify, but the occupying borrower is not r...
Just a quick note for the weekend.  San Diego obviously has a large amount of active duty military personnel, some of which purchase homes while they are deployed, as well as many out of state sellers.  For the transaction, they will use a power of attorney giving someone else the power to sign f...
Last year, the State of California earmarked $100mil for a tax credit available to purchasers of newly constructed homes.  This money was used up in just over 3 months.  Fortunately, the State passed bill AB 183 last week with another $100mil for this purpose as well as an additional $100mil for ...

Kevin Kueneke

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