California Condo Mortgage Rules Just Got Harder: What Every Buyer Needs to Know After August 3, 2026
Buying a condo in California just became significantly more complicated. On August 3, 2026, Fannie Mae and Freddie Mac permanently retired the fast-track approval processes that lenders have relied on for years — and that is on top of California’s SB 326 balcony...Seller-Paid Buydown vs. Price Reduction: The Math California Buyers Need
When negotiating a California home purchase in today’s market, you have two primary levers: ask for a price reduction or ask the seller to fund a mortgage rate buydown. Most buyers default to the price reduction. Most of the time, that is the wrong call.Why...How to Find Assumable Mortgage Listings in California 2026
The biggest obstacle to assumable mortgage deals is not the financing — it is finding the right property. Here is how to systematically search for assumable mortgage listings in California.Method 1: Dedicated Assumable Listing PlatformsSeveral platforms now...Bank Statement Loan with Seller Buydown California | Self-Employed Buyers
If you are self-employed and buying a home in California, you already face a harder qualification path than W-2 borrowers. What most people do not know: you can layer a rate buydown on top of a bank statement loan — starting with a dramatically lower payment while...Seller Concessions California: Getting the Seller to Pay Your Closing Costs
I’m Michael DiVita — DRE #01372066 | NMLS #241655, DiVita Home Finance (DRE #01818285 | NMLS #323700), Tiburon, CA. I’ve been in California mortgage lending since 2000 and founded DiVita Home Finance in 2007. Seller concessions are a negotiating tool I use...
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