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.



The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) was passed on July 30, 2008.  This law gave states one year to pass legislation requiring the licensure of mortgage loan originators according to national standards and the participation of state agencies on the Nationwide Mort...
As part of Fannie Mae's recently implemented Loan Quality Initiative (LQI), lenders are now required to monitor a borrower's credit throughout the loan process.  This can include a "soft" credit pull immediately prior to funding to look for new accounts and inquiries. I found a handout from one o...
Based on the most recent numbers posted on the Franchise Tax Board's website, the number of applications received thus far for the CA State 1st Time Buyer Tax Credit has almost reached the maximum of 28,000. From the site: Applications for First-Time Buyer Credit received as of 07/16/10 As of Est...
***FREE CONTINUING EDUCATION CLASS FOR REALTORS*** ***3 HOURS FAIR HOUSING CREDIT TOWARDS YOUR CA DRE LICENSE RENEWAL*** This Thursday, July 15th, we are sponsoring a seminar titled: "FHA Loans, What REALTORS Need To Know".  In this class, you will get a deeper understanding of the FHA process an...
Last week, mortgage rates remained at the lowest levels in decades.  Although there was very little economic news released during the holiday shortened week, volatility in both the financial and mortgage markets was relatively high. There are two main reasons why rates continue to stay low: Infla...
***30 YEAR FIXED RATES STILL IN THE MID-4's*** Mortgage rates continued to stay low after weak economic data from the U.S, Europe, and China caused investors to question the pace of the global economic recovery.  Bad for the stock market, but good for mortgage rates. Today's Employment report sh...
Although the CA Franchise Tax Board (FTB) site shows that they have received a sufficient amount of applications to exhaust the $100mil allocated for the 1st Time Buyer Tax Credit, they will continue taking applications up to a total of 28,000.  As of June 29th, they had received 20,760 requests....
First the House, now the Senate.  A bill was passed late Wendnesday, June 30th, to extend the closing deadline for the Federal $8,000 1st Time Buyer Tax Credit as well as the Repeat Buyer Credit of $6,500.  The only signature left is President Obama's who is expected to sign the bill shortly. Acc...

Kevin Kueneke

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