Heidi Lawler's Blog

 California Realtors received an alert to send their government officials letters about making the loan limits permanent. I request that everyone takes a few minutes and fax over the letters. Once the loan limits are permanent housing will be more affordable. There is currently a 2 pt extra cost ...

Hard to believe but true. There is a program for First Time Home Buyers that gives a monthly credit towards the mortgage payment.  The San Diego County MCC program.   An MCC provides a double bonus. It increases the loan amount you qualify for and it increases your take-home pay. The MCC entitle...

Create Some Balance: Paying off revolving debt will increase your credit score more than paying off installment debt. Keep your balances below 30% of your credit limit on each card. If you pay off any credit cards completely; do not close your accounts. Canceling those cards may inadvertently low...

 You may qualify for down payment assistance if you are a First Time Home Buyer and your income does not exceed the following limits:Family Size:   1- $44,250                   5- $68,250 2- $50,550                   6- $73,300 3- $56,900                   7- $78,350 4- $63,200                   ...

Short-Refinance A Short-Refinance, also known as a short-refi or short-payoff, is a transaction, where the lender agrees to accept less than the full amount owed.  Instead of the property being sold, it is refinanced with a new lender.  The short-refi allows the homeowner to retain ownership of t...