Treasury Funds Home Loans, Inc. News & Info

Closing Costs VA Home Loans

Understanding VA Non Allowable Loan Fees

When you’re in the process of purchasing a home, closing costs can quickly accumulate. However, if you’re utilizing a VA loan for your home purchase, specific rules dictate which fees lenders can charge you. Fortunately, VA loans come with a list of non-allowable fees, helping you manage your closing costs effectively. Here’s a breakdown of […]

California

California Wages and Home Prices

Over the past two decades, wages and home prices in California have experienced notable shifts, leading to significant changes in affordability and housing market dynamics. Wage Growth Over the last two decades, California has seen some wage growth, but it hasn’t kept pace with the rapidly rising cost of living. While certain sectors, such as […]

Sellers Tax Laws

Capital Gains Rules for Home Sellers

When selling and buying a new primary residence in California, homeowners need to consider the capital gains rules at both the federal and state levels. Here’s an overview of how capital gains taxes work in California when selling and buying a new primary residence: Federal Capital Gains Rules Capital Gains Exclusion The Internal Revenue Service […]

Investment Property

The 1031 Exchange

A 1031 exchange, also known as a like-kind exchange or a tax-deferred exchange, is a provision in the U.S. Internal Revenue Code (Section 1031) that allows real estate investors to defer capital gains taxes when they sell a property and reinvest the proceeds into another like-kind property. This provision applies to both federal taxes and, […]

Investment Property Mortgage Loans

Financing Investment Property

Financing an investment property typically involves obtaining a mortgage loan or using alternative financing options specifically tailored for real estate investors. Here are some common methods for financing investment properties: Conventional Mortgage Conventional mortgages are widely available from banks, credit unions, and mortgage lenders.Investors typically need to make a higher down payment, often ranging from […]

Investment Property

Ins & Outs of House Flipping

Flipping houses is a real estate investment strategy where an investor purchases a property with the intention of renovating or improving it and then selling it for a profit. Here’s a breakdown of the ins and outs of flipping houses: Finding the Right Property Successful flipping starts with finding the right property at the right […]

Refinance

10 Reasons You May Want to Refinance

Refinancing can be a smart financial move for various reasons: 1. Lower Interest Rates Refinancing allows you to replace your current loan with a new one at a lower interest rate. This can significantly reduce your monthly payments and the total interest you pay over the life of the loan. 2. Reduced Monthly Payments By […]

Debt Consolidation HELOC

Mortgage vs Credit Card Financing

Mortgage interest and credit card interest are compounded differently, and this impacts how much interest you end up paying over time. MORTGAGE INTEREST 1. Frequency of Compounding Mortgage interest is typically compounded monthly, although some mortgages may compound interest more frequently (such as daily or annually) depending on the terms of the loan agreement. The […]

Property Tax RealtorĀ® Resources

Property Tax Relief for California Homeowners

Props 60 and 90: Property Tax Relief for California Homeowners Proposition 60 and Proposition 90 are California laws that provide property tax relief to homeowners who are 55 years of age or older and wish to move to a different home within the state without experiencing a significant increase in their property taxes. Here’s an […]

Mortgage Loans

How a Mortgage Can Improve Your Tax Situation

Maximizing Tax Benefits: How a Mortgage Can Improve Your Tax Situation A mortgage can have several implications for your tax situation, and it typically involves deductions that can lower your taxable income. Here’s how: Mortgage Interest Deduction One of the most significant tax benefits of having a mortgage is the ability to deduct the interest […]