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.



Sorry, I was busy closing loans and forgot to update everyone about the CA State Tax Credit for 1st Time Homebuyers.  As of 8/15/2010, the Franchise Tax Board (FTB) stopped accepting applications for the State 1st Time Homebuyer Tax Credit. Per the FTB site: FTB has stopped accepting First-Time B...
As we all know, it is a full documentation lending world these days.  Aside from the "known" paperwork required to even get pre-approved, there are some other items that prospective homebuyers should be ready to provide once they are actually in escrow. Credit Card Information for the Appraisal O...
I wrote a post last Saturday regarding FHA's proposed increase of the annual mortgage insurance premium (MIP) coupled with a decrease in the Upfront Mortgage Insurance Premium (UFMIP).  These changes were to take effect for FHA case numbers assigned on or after September 7, 2010. However, a recen...
H.R. 5981 was passed by the House of Representatives on July 30th, by the Senate on August 4th, and has been sent to President Obama for official sign-off.  The primary effect of the bill is that it allows FHA to adjust its annual mortgage insurance premium and "yield approximately $300mil per mo...
This week, a slow economic recovery and the possibility of a Fed policy change helped mortgage rates move a little lower. As a result of recent weak economic data, the Fed is reportedly considering the purchase of additional mortgage-backed securities (MBS) to replace maturing securities. These f...
As we all know, a consumer's credit score is more important now than ever.  A credit report is reviewed for home loan applications, car loans, rental applications, even job applications! According to FICO, there are five categories of factors that affect your score: Your payment history - approxi...
Fannie Mae launched a new consumer Web site,  This is a consumer-friendly bilingual Web site designed to educate distressed homeowners about options that may be available to them. Included in the site are: A Virtual Assistant to walk homeowners through key areas of the site A...
Living in the San Diego area is truly a treat.  Not only do we have the beach, but many activities sponsored by local communities.  Here is what 's happening in August:   August 4 SummerFest Under the StarsAn extraordinary concert featuring works by Beethoven, Schumann, and Tchaikovsky and is per...
The website of the CA Franchise Tax Board (FTB) shows that they have received over 30,000 applications for the 1st Time Buyer Tax Credit.  They had initially posted that they would stop taking applications once they reached 28,000.  I just spoke with a representative at the FTB, and he said that ...

Kevin Kueneke

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