Mortgage Informaton

Sept. 17, 2019

Santa Cruz Down Payment Assistance is Here!

Up to $265,228 down payment assistance program with no payments required in Santa Cruz County!


The state of California’s HOME investment partnership program (HOME for short) offers down payment assistance funds available for qualified first time home buyers planning on purchasing in Santa Cruz County. Eligible first time ...

View More
Aug. 27, 2019

Credit Reports and Scores for Santa Cruz Home Buyers

Why does my credit vary so much between the credit score a lender pulls and the credit score I get from my credit card or free online credit tracking app?

As consumers, we have access to credit scores by many means, from:  apps, free tacking from bank account or ...

View More
Aug. 11, 2019

Buy a Home in Santa Cruz with No Appraisal and 5% Down!

Recently there have been more home loans closing in Santa Cruz, without the need to obtain an appraisal. The reasoning behind this is that the large purchasers of all mortgages, Fannie Mae and Freddie Mac (government-sponsored entities), have been putting together databases where they have been tracking Santa Cruz county ...

View More
May 21, 2019

Santa Cruz Mortgage Insurance

Mortgage Insurance is very common for today's Santa Cruz home buyer. Mortgage Insurance is a special insurance banks put in place to avoid losses in case of a borrower defaulting on their loan. The most common time mortgage insurance required is used inSanta Cruz is when a borrower comes ...

View More
Feb. 3, 2019

Santa Cruz Bridge Loans

Imagine you own your home in Santa Cruz outright, or have a very small mortgage on it. Let's say your property is worth $850,000. You would love to buy your next Santa Cruz dream home which is valued at $1,000,000 but to do so you would ...

View More
Dec. 21, 2018

Low-Down Payment Santa Cruz Mortgage Loans

Did you know that for qualified buyers, you can get a Santa Cruz home loan without monthly mortgage insurance payments but still put less than 20% down?  In fact, you can even get a conventional loan in Santa Cruz, with no mortgage insurance, with just 3% or 5% down ...

View More
Dec. 20, 2018

Loan to Replace an Old Manufactured Home in Santa Cruz

Recently I was asked if there is a loan available in Santa Cruz for replacing an old and run down manufactured home in a park with a brand new unit.

In this specific case, the borrower owned an old manufactured home in Santa Cruz (Aptos, actually) which he owed a ...

View More
Dec. 15, 2018

Santa Cruz FHA Loan Limits Increased for 2019

Good news everyone - Santa Cruz FHA loan limits are back on their way up!  Recently, the Department of Housing and Urban Development (HUD) announced a new schedule of FHA loan limits for 2019.  Most areas in the country will experience an increase in loan limits in the coming ...

View More
Dec. 3, 2018

Substantial Increase in Santa Cruz Home Loan Limits!

View More
Nov. 26, 2018

Purchase or Refinance and Renovate in Santa Cruz with the VA Renovation Loan

With Santa Cruz Lending Group P/B Mason McDuffie Mortgage, veterans can buy, refinance, and renovate under one, zero-down* loan program. With the VA Renovation Loan Program, you can include the total renovation cost for improvements in addition to the purchase price or refinance of the house!


Renovation funds ...

View More