When a buyer considers purchasing a Downtown Loft, one of the most important issues is financing. Last year the average for “all cash Purchases” of lofts in Downtown San Diego was slightly under 40%. As we begin 2014, there are several new conditions that can have a major effect on financing for Downtown lofts in San Diego. In fact, many argue that the continued recovery of the housing market is directly related to whether these new financing conditions are “too tight” or “too loose”. In a recent article from Housing Wire entitled “Who will feel the credit squeeze in 2014?“, Economists from Corelogic has released their findings. In short, the report notes that underwriting eligibility in financing for Downtown Lofts in the current market requires borrowers to possess “good credit scores” AND the ability to document their loans fully. Should interest rates continue to remain steady or rise incrementally, financing for Downtown Lofts will continue to have access for willing and well qualified buyers. ')}