Category Archives: Mortgages

Steps to Take If You Lose Your Job & Have a Mortgage to Pay

Losing your job could throw your entire life into disarray. If you have a mortgage to pay on a downtown San Diego condo, loft, or penthouse, your situation may seem even more frightening as you face losing your home and serious damage to your credit. However, the situation is far from hopeless. There are many… Read More

How Can Student Loans Affect Getting a Mortgage?

A growing number of people have student debt that can take many years to clear away. While you are continuing to pay off your student debt, life is still going on, and you may end up wanting to buy downtown San Diego real estate during this time. However, it can be tricky to get a… Read More

Good & Bad Aspects of Getting an FHA Loan

FHA loans can be good financing options for homebuyers interested in acquiring condos, penthouses, or lofts in downtown San Diego. As of April 2018, the maximum FHA loan amount for properties in San Diego County was just below $650K, which is higher than the median home price in this regional market. There are pros and… Read More

What’s Included in a Mortgage Payment?

When it comes to getting a mortgage, there is usually going to be more than just the amount you pay back to the bank on the bill each month. Here are some of the basic components of an average mortgage payment if you’re purchasing Cortez Hill San Diego real estate. Principal This is the actual… Read More

Learn All About FHA Loans

If you’re planning to purchase real estate for sale in Core San Diego, it’s important to understand the different types of loans available to you. Many potential home buyers are eligible for something called an FHA loan. If you are unfamiliar with this type of loan, this article provides the basic important information you need… Read More

Advantages and Disadvantages of Reverse Mortgages

If you own real estate in Little Italy San Diego and are considering taking out a reverse mortgage to increase your retirement income, there are several advantages and drawbacks to consider first. Take a look at these pros and cons before you decide whether or not a reverse mortgage is right for you. Pro: You Stay… Read More

What Are the Qualifications for Getting a Home Loan?

If you’re interested in purchasing one of the amazing lofts, penthouses, or condos Gaslamp Quarter currently has to offer, you’ll first need to qualify for a home loan. Though there are many qualifications for potential homebuyers, these are some of the most crucial. Good Credit Experian, TransUnion, and Equifax are the leading credit history companies,… Read More

Pros and Cons of Paying All Cash or Financing a Home

If you’re looking at real estate for sale in Core San Diego and thinking about buying, there are two main financial paths you can take to purchase a home. Paying with all cash and financing through a mortgage both have their advantages and disadvantages, and the downtown San Diego real estate experts at 92101 Urban… Read More

All About Earnest Money Deposits

If you are currently in the market for East Village San Diego real estate, you may have heard about something called an earnest money deposit. Especially if you are a first-time buyer, it’s possible you have no idea what this type of deposit entails. The friendly agents at 92101 Urban Living are here to clarify… Read More

Does Your Relationship Status Affect Your Mortgage-Worthiness?

Though your relationship status won’t determine whether or not you are able to get a mortgage, your status can influence the factors lenders consider when deciding whether or not to approve someone. If you’re looking for real estate for sale in downtown San Diego, keep in mind the ways your relationship, or lack thereof, can come… Read More