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Pacific Investment Management Company and the Witkoff firm have defaulted on a loan of more than $400 million tied to a luxury apartment complex in Santa Monica. The delinquent loan is connected to The Park Santa Monica, a 249-unit residential...
Key Takeaways
Qualified first-time home buyers can get up to $150,000 in down payment or closing cost assistance
Applicants will be picked through a lottery system
Registration re-opens 'early' 2026
California Dreamin’
Californi...
Pros and cons of Tomo Mortgage
Pros of Tomo Mortgage
No lender origination, processing, or underwriting fees.
Competitive mortgage rates and APRs.
Fully digital application, underwriting, and closing process.
Fast home loan pre...
FHA loan limits rise by nearly $17K
Federal Housing Administration loan limits increased for 2026. The new baseline limit — which applies to most single-family homes — is now $541,288. That’s an jump of about $17,000 over last year’...
Conventional loan limit grows over $26K for 2026
Every year, usually around Thanksgiving, the Federal Housing Finance Agency (FHFA) adjusts the conforming mortgage limits based on the annual home price growth.
The limits change to refle...
Key Takeaways
You can get a loan on a home you own outright by using your home’s equity as collateral.
Most lenders let you borrow up to 80% of your home’s value.
Homeowner loans, like home equity loans, HELOCs, and cash-out refinanc...
Pros and Cons of Agave Home Loans
Pros of Agave Home Loans:
Licensed in more than 13 states
Operates as both a broker and a lender for more loan options
Fully digital application and closing process
Offers refinancing, purchase...
You won’t hear a lot about office woes in Orange County, but nowhere is perfect. The commercial mortgage-backed securities debt connected to an office park located in Westminster went to special servicing after the borrower defaulted on abou...
Buying a home with a VA loan can be one of the most affordable paths to homeownership for eligible service members, veterans, and surviving spouses. But what if you’re eyeing a foreclosed property? Can you use your VA benefits for that?...
Cathay Bank sued the owner of a Downtown Los Angeles commercial property, claiming the landlord defaulted on a $31 million loan. The lender alleges that a Laeroc Partners affiliate, the borrower and owner of 530 West 6th Street in the Financia...