Year: 2016

The Loan That Killed the American Dream | Stated Income Loan

Here’s a question I am asked on a regular basis: When is the housing market going to crash (again)? Let’s answer that by talking about the STATED INCOME LOAN – This loan destroyed the economy 10 years ago. It single-handedly killed the American dream for an entire generation – many of whom are still struggling …

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Down Payment Relief For First Time San Diego Home Buyers

Springboard CDFI is a nonprofit company that helps first-time home buyers in San Diego realize their dream of owning a home. Among their many services is a down payment assistance program which offers substantial loans to qualifying home buyers. Currently they offer up to $30,000 down-payment loans/down payment help anywhere in California, $76,000 for first …

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