Matt Guerrero Home Loan Group

04/03/2024

FHA Financing with a Profit and Loss only! Perfect for Self Employed borrowers. This is an FHA loan. No pay stubs/W2’s or Tax Returns required. Just requires a minimum of a 620 Fico score and a 2 year P&L + YTD/ Balance Sheet/Business License. Program is an FHA 46.9/56.9% DTI allowed. Who do you know that can directly benefit from this loan program? Feel free to reach out for more details!









&Loss only

12/02/2022

Since the beginning of November rates have dropped pretty significantly about .50% on rate. That is about 25-30k more buying power then a buyer had in late September compared to today!

12/02/2022

2023 FHA Loan Limits released!

Los Angeles/Orange County
$1,089,300

Riverside/San Bernardino
$644,000 previously @ $562,350

12/01/2022

Rate Update for 12/1/22

Rates have dropped!!

Current FHA rate 5.125%

Current Conventional rate 5.625%

Now is the “Sweet Spot” to Purchase or Refinance! Home prices have stabilized and there is no more paying 10-20k above list price to get your offer accepted and sellers are willing to give a seller credit towards your closing costs!

12/01/2021

New 2022 Loan Limits! Effective Immediately!
🏠 🏦🚀 💥

Los Angeles/Orange County
CONV: $970,800
FHA: $970,800
VA: No Limit

San Bernardino/Riverside Counties
CONV: $647,200
FHA: $562,350
VA: No Limit

10/14/2021

New Purchase for this family!

06/30/2021

Be careful out there.

My trusty spreadsheet says appraisers found appreciation 50% below jumps in the regional median sales price.