
Loan origination is the process during which a borrower submits a loan application and a financial institution or lender processes that application. There is usually an origination fee associated with this process.

Loan origination is the process during which a borrower submits a loan application and a financial institution or lender processes that application. There is usually an origination fee associated with this process.

A mortgage servicer manages the daily administrative work around a loan, including processing loan payments, responding to borrower inquiries, and tracking principal and interest paid.

Loan servicing is a term for the administrative aspects of maintaining your loan, from the dispersal of the loan to the time it’s paid in full. Loan servicing includes sending the borrower monthly statements, maintaining payment and balance records, and paying taxes and insurance.

Loan-to-Value Ratio in San Diego Loan-to-Value ratio, or LTV for short, is a measure used in real estate to determine how much of a property’s value is financed through the mortgage compared to the actual value of the property. LTV tells you how much of the property’s ownership is leveraged with debt. Lenders use this […]

The period of time in which a borrower cannot repay their loan in full without incurring a penalty fine by the lender.

The median list price of all active listings currently on the market for sale in San Diego.

The median list price per square foot of all active listings currently on the market for sale in San Diego.

The median number of how many listings were active in San Diego on each day within a given time period.

The number of days between the date the home was listed for sale and when the home went pending or off-market. Includes all listings that went pending or off-market within a given time period, where 50% of the homes were on the market longer and 50% went off the market faster.

The median number of days a home takes to go from active to sold in San Diego.

The midpoint listing price of all active homes in San Diego during a given time period, where 50% of the active listings were above this price and 50% were below this price.

A midpoint value expressed as the most recent listing price divided by the total above-ground square footage of the property (not the lot). This metric includes all homes within a given time period, where 50% of the active listings were above this price per square foot and 50% were below this price per square foot.