Blue Life provides an in-house Senior Loan Officer for easy mortgage lending in San Diego.
We specialize in home loans that make sense including VA, FHA, USDA and Conventional as well as Purchase and Refinancing in San Diego.
Getting a home loan in San Diego should not be complicated. That’s why Blue Life San Diego takes pride in not just offering expert coastal community real estate services, but also refinancing and home loans in San Diego made easy!
Our in-house mortgage lender is experienced in all types of home loans as well as refinancing to take care of all your coastal real estate needs under one roof. When you work with Blue Life, you get a real estate team that is experienced, knows coastal communities and provides mortgage lending services in San Diego. From FHA, to VA, to USDA to Jumbo, our mortgage lending expert is here to serve you and make your home buying experience smooth.
If you are in the market for a coastal home, don’t hesitate to contact Blue Life today and get per-approved for a home loan so you can work with Blue Life San Diego to find your dream home!
The first step in the home loan process is to find the loan that is right for you and your situation. Our in-house Mortgage Lender in San Diego makes that easy!
Once we determine the right loan type for you, the next step is to get pre-qualifed for a home loan in San Diego so you know exactly what you have to work with to begin your home search.
The final, and most fun step in the home loan process is to work with Blue Life to find your dream home in coastal San Diego. Get started today and work with an experienced team who cares!
If you are ready to start Living The Blue, after finding a coastal community real estate group, the first step is to get pre-qualified for a home in San Diego.
At Blue Life San Diego, we have an in-house Senior Loan Officer with experience in the best loan types to help get your pre-qualified for a home loan so we can begin the home search with you.
Getting pre-qualified for a loan in San Diego does not have to be complicated. Contact Blue Life today and work with a coastal community real estate group that knows loans, communities and real estate!
Blue Life San Diego’s in-house Senior Loan Officer will help determine which loan type is right for you to get the most out of your homebuying experience.
We Specialize in:
VA Loans – Mortgage that are guaranteed by the Department of Veterans Affairs that come with incredible benefits for military veterans.
FHA Loans – These are insured by the Federal Housing Administration and let borrowers obtain lower mortgage rates with a smaller down payment.
USDA Loans – Moving to a rural or suburban community? USDA Loans are no down payment and minimal initial investment which makes the USDA Rural Land Development Loan a solid option.
Jumbo Loans – For homes or properties that are above the conventional loan finance cap, these are a great way to obtain a loan that allows for your higher end budget.
When you are ready to purchase a coastal home with Blue Life, we help make the San Diego Mortgage Loan Process a smooth experience.
First we help determine how much money you are eligible to borrow. This is vital to understand how much you can afford in your home search.
From there, deciding on the loan type and rate that makes the most sense for you.
Next, the best option is to get pre-approved for a home loan in San Diego so you can understand price range, be in a better negotiation position with sellers and get your loan closed faster.
Contact Blue Life today to get your San Diego Home Loan Process started!
There are many reasons you may want to refinance your home in San Diego, but first it is vital to work with a team that knows real estate and knows the ins-and-outs of home refinancing.
Blue Life San Diego provides in-house home refinancing options for homeowners throughout San Diego to help them get the most out of their home.
We offer an array of refinancing options that are specifically created to meet your needs.
Whether you are ready to cash out or simply looking for a rate and term that is better, Blue Life is here to serve you.
Contact your local real estate and refinance experts in San Diego today!
Blue Life offers a wide range of San Diego home refinancing programs that cater to your personal preference and situation.
Our in-house Senior Loan Officer also provides unique loan types including Bank Statement and Stated Income Loans.
Contact your local real estate and refinance experts in San Diego today!
At Blue Life, we are proud to make San Diego home purchase financing made easy with our in-house Senior Loan Officer who is dedicated to serving you.
When you work with Blue Life San Diego, you don’t just get the top coastal community real estate experts in San Diego, but a full service experience that leaves no stone unturned.
If you are ready to start Living The Blue, contact our San Diego Home Loan expert today!
Blue Life provides numerous home loan options in Balboa to help families find their dream home without jumping through hoops to get the loan they need. Contact us today and get pre-qualified for a home loan in San Diego!
We are proud to offer Del Mar home loans that make sense for homebuyers throughout San Diego with an easy process that makes buying a home an enjoyable experience. Contact Blue Life today to explore Del Mar home loans!
If you are ready to move to one of the top 20 surfing beach communities in the world, Blue Life is here to help find you a home and provide easy mortgage loans in South Park. Contact our home loan experts in South Park today and get pre-qualified!
Moving to La Jolla? Blue Life San Diego is the leading coastal community real estate group ready to help you find your dream home with La Jolla home loans made easy. Reach out to Blue Life today and get pre-qualified!
Blue Life San Diego is not just your go-to coastal real estate group, but offer home loans in Pacific Beach to cover everything you need under one roof. Our in-house Senior Loan Officer is here to serve you and get you pre-qualified for a home loan in Pacific Beach!
Before your home search begins, the best action is to work with a reputable group who specializes in real estate and provides Mission Beach mortgage loans. Blue Life San Diego is your one-stop shop for real estate and home loans in Mission Beach. Contact us today and get per-approved!
While Blue Life is the leading coastal community real estate group, we also provide mortgage loans and refinancing in Point Loma. If you are ready to refinance your home, contact us today to explore options!
Don’t compromise when it comes to purchasing a home in San Diego. Work with a local team that has experience and an in-house Senior Loan Officer for Ocean Beach refinancing and home loans!
Buying a home in San Diego requires experience, especially for mortgage lending in Sunset Cliffs where homes are high-end and require the knowledge to get the best loan option available.
Obtaining a home loan in Eastlake, San Diego, involves the typical mortgage application process. As a family-friendly and upscale neighborhood, buyers can explore loan options with local lenders, banks, or credit unions. Securing a home loan in Eastlake can lead to owning a unique property in this well-planned and thriving community.
Getting a home loan in Otay Ranch, San Diego, follows the standard mortgage application process. Potential homebuyers can work with local lenders, banks, or credit unions to explore various loan options. With its modern and family-oriented community, securing a home loan in Otay Ranch can lead to owning a distinctive property in this thriving and diverse neighborhood.
Getting a home loan in Hillcrest, San Diego, involves the same process as obtaining a mortgage in any other area. Prospective buyers can work with local banks, credit unions, or mortgage lenders to explore various loan options and determine the best fit for their financial situation. A smooth and successful home loan process in Hillcrest can help individuals or families secure their dream home in this vibrant and LGBTQ+-friendly neighborhood.
If you are ready to purchase a home or refinance, contact Blue Life San Diego today!
Conventional
Conventional Mortgages are the most common and generally you can qualify with a minimum credit score of 620 and debt-to-income ratio of up to 50%.
FHA Loans
FHA Loans are insured by the Federal Housing Administration and allow a buyer to have a credit score as low as 580 and only a 3.5% down payment. If your credit score is between 500-579, you may still qualify with 10% down payment with some lenders.
USDA Loans
USDA Loans are insured by the US Department of Agriculture. They have lower mortgage insurance requirements along with options for no money down. But the home must be in a suburban or rural area in order to qualify. Not all lenders provide USDA loans.
VA Loans
VA Loans are insured by the Department of Veterans Affairs and offer some incredible benefits. You can purchase a home with zero money down, lower interest rates, no private mortgage insurance and are typically easier to qualify for.
Jumbo Loans
Jumbo Loans are used for a home purchase that will be more than the average loan amounts in the area. These are typically used with high-value properties and you will need a higher credit score and lower debt-to-income ratio to qualify.
There are a number of things to consider, but here are the main considerations when choosing a mortgage loan type.
If you are in the military or a veteran, you can qualify for zero money down when purchasing a home.
Otherwise, the FHA loan allows for as little as 3.5% down depending on qualifications.
The high-balance conforming loan limit in San Diego for 2023 is $977,500 and the low-balance loan limit is $726,200.
For FHA Loans, there is not a minimum or maximum salary requirement to qualify or prevent you from obtaining a loan. You must have 2 years of employment proof, enrollment in school or the military to qualify though.
42% to 49%+
DTIs in these ranges may suggest that your getting close to unmanageable amounts of debt compared to your income. This can scare some lenders with concerns for making payments.
The higher is always better, but anything ranging from 670-739. is considered a good or “fair”credit score.
740-799 are considered very good and 800+ are considered excellent.
While the news and interest rates seem scary, now is still a good time to purchase a home, especially as a first time home buyer.
In San Diego, rents are high and according to homebuyer.com, 71% of renters would buy a home if their lease ended this month. (July 2023)
When it comes to buying a home, you know when the time is right. Whether it is the right deal, relocation or simply time to move.
Even with a higher than typical interest rate, you can purchase the home you truly want now and refinance to lower your rate in a year or two.
It all depends on your needs and goals and of course the economy plays a role.
