What is a no-doc HELOC? (1:37)
How a no-doc HELOC works for self-employed California homeowners: what lenders use instead of tax returns, the tradeoffs, and keeping your first mortgage. Read more: No-doc HELOC guide.
Mortgage explainer videos
Short, plain-English videos on the California loan programs borrowers ask us about most. Each one runs about two minutes and links to the full guide on this site. They are AI-narrated, written and reviewed by Mike Basti, President and Mortgage Broker (NMLS #322904), and captioned in English. More on our YouTube channel.
Home equity
HELOC or cash-out refinance? (2:09)
Compares a cash-out refinance, a HELOC and a home equity loan, how lenders cap combined loan-to-value, and how to compare the blended cost. Read more: HELOC vs home equity loan vs cash-out guide.
Self-employed and non-QM
What is a bank statement loan? (1:50)
How lenders qualify self-employed borrowers on 12 or 24 months of bank deposits instead of tax returns, and who these loans fit. Read more: Bank statement loans.
What is a P&L loan? (2:32)
How a CPA-prepared profit and loss statement can qualify self-employed borrowers, who can prepare it, typical requirements, and P&L vs bank statement loans. Read more: P&L statement loans.
What is an asset depletion loan? (2:10)
How lenders turn savings and investments into qualifying income, how assets are counted, and who asset depletion loans fit. Read more: Asset-based loans.
Investors
What is a DSCR loan? (2:07)
How a DSCR loan qualifies on a rental property's income instead of your personal income, the ratio math, typical requirements and tradeoffs. Read more: DSCR investor loans.
Buying a home
What is a jumbo loan? (2:36)
Where the jumbo line falls in California, typical credit, down payment and reserve requirements, appraisal rules on bigger loans, and staying under the limit. Read more: Jumbo loans.
How much down for an FHA loan? (2:19)
What 3.5% down looks like, credit tiers, gift funds, closing costs, FHA mortgage insurance and when a conventional loan can cost less. Read more: FHA down payment guide.
Educational only; not a loan offer or commitment. Terms vary by lender and borrower. Save Financial, Inc. is an independent California mortgage broker, not a lender. NMLS #377740 · CA DRE #01875766 · Equal Housing Opportunity. Questions? Call or text (949) 379-5320.