If you’ve ever wondered what the difference is between a 3% down conventional loan and a 3.5% FHA loan, please see the at-a-glance chart below. These are the main differences between the 2 loans. For more information, please give us a call 949-254-4721, anytime! Conventional Financing FHA Financing At least 1 borrower must be first […]
Treasury Funds Home Loans News
Need Cash? Debts? Home Improvement? How About HELOC?
These past few years, rates have been so low that homeowners were able to refinance and get cash out while lowering their interest rate at the same time. For those lucky enough to have an interest rate better than the going rate of today, but need some cash, Home Equity Line of Credit (HELOC) could […]
Down Payment Assistance
Attention Prospective Home Buyers in California! Homebuyer Assistance Programs are here and ready to help you with your down payment. There are many different DPA programs offered in California. Each program has their own guidelines. Some of the Down Payment Assistance programs require buyer to be a first time home buyer, some do not. Some […]
6 Steps: Preparing to Buy a Home
There are many things to take into consideration when preparing to buy a home. Below, I have outlined 6 key issues that are important for you, a prospective homebuyer, to address. Each item is detailed below the outline. Review your credit Lower your debt, if possible Save as much as you can toward a down […]
Purchase & Refinance Programs at a Glance
Let US Get YOU the RIGHT Loan! With so many choices for your mortgage loan needs, we’re here to help get you the right loan. We will find you the loan with the best rate & terms available for your needs Click here for a summary of loans and guidelinesContact Treasury Funds Home Loans, Inc. […]
California’s Rising Rents
California’s Rising Rents California has been seeing rapidly risings rents since 2021. Not unlike the spike in costs for goods and services, rent is rising faster than worker incomes, especially here in California. A reason behind these rent increases is due to demand being greater than existing supply. Much construction has been delayed due to […]
Average Mortgage Rates Since 1972
Conventional, Conforming, 30 Year Fixed-Rate, 50 Year Mortgage History Year Average Interest Rate Average Points 1972 7.38 0.9 1973 8.04 1.0 1974 9.19 1.2 1975 9.05 1.1 1976 8.87 1.2 1977 8.85 1.1 1978 9.64 1.3 1979 11.20 1.6 1980 13.74 1.8 1981 16.63 2.1 1982 16.04 2.2 1983 13.24 2.1 1984 13.88 2.5 1985 […]
Is an Adjustable Rate Mortgage Right for You?
While the U.S. Federal Reserve is set to increase the federal funds rate by 0.50%, it is important to note that rates are still low, historically speaking. This is the first time, however, that rates will increase by 1/2 percentage point, at one time, since May of 2000. The purchase market is still strong and […]
Prop 19 Replaces Props 60, 90, 110 and More See Important Changes
As of April 1, 2021, Base Year Value Transfers for persons at least 55 and/or disabled have new guidelines as Prop 19 replaces Props 60/90/110. The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act Below you will see an outline of these updates. Prop 60/90/110 Prop 19 Type […]
No-Cost Appraisals
No-Cost Appraisals For loans submitted before June 30, 2022, we will reimburse buyer’s appraisal fee at closing. This no-cost appraisal applies to the purchase of a primary residence whether your financing is conventional, government, or a jumbo purchase loan. We know that every bit of savings is helpful when it comes to making an investment […]