David Lerman

NMLS # 391243

818-627-5363

david@calunionfunding.com

David Lerman CEO/Sr. Loan Officer

Blog

Getting Pre-Approved Should Always Be Your First Step

Getting Pre-Approved Should Always Be Your First Step

   In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious ab

Apr 20, 2018 |

FICO® Scores on Approved Home Loans Drop Again

FICO® Scores on Approved Home Loans Drop Again

 According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans.FHA and VA loans showed the most opportuni

Apr 14, 2018 |

93% Believe Homeownership Is Important in Attaining the American Dream

93% Believe Homeownership Is Important in Attaining the American Dream

 Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:“Owning a home remains a core element of the American Dream.”When asked “How important a part of the Ame

Mar 20, 2018 |

712,000 Homes in the US Regained Equity in the Past 12 Months!

712,000 Homes in the US Regained Equity in the Past 12 Months!

  CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more t

Mar 02, 2018 |

The Impact of Tight Inventory on the Housing Market

The Impact of Tight Inventory on the Housing Market

 The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in y

Feb 13, 2018 |

Thinking of Selling? Now is the Perfect Time

Thinking of Selling? Now is the Perfect Time

 It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. Th

Feb 02, 2018 |

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