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Tag: home loans

What the new Conforming Loan Limits mean to you!

The new Conforming loan limits have been announced for 2009!!  What does that even mean??  Well, if you are thinking of buying a home soon, it could mean a lot to you.  As of right now, the Conforming loan limit is $417,000 for Ventura and Los Angeles County.  That means that the “cheaper” money (lower rates) can [...]

Do the Work??!!…What a Concept!

As a loan officer who has worked in Ventura County for over 27 years, I’ve seen the processing and underwriting of home loans change dramatically.  Before it all went to “tighter guidelines” (that’s an understatement), the loan officer could be nothing more than an order taker.  “Yes, sir.  May I interest you in a Home Equity Line of [...]