Below you'll find a list of all posts that have been tagged as “mortgage”
Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how your decisions will impact your …
Buying a home can cause more than a little stress. It’s a huge investment for most people. There’re lots of legally binding documents to dive into. Your finances are being scrutinized and squeezed. And when everything’s said and done, there’s no guarantee that your offer will be the one that’s accepted. Some of these things are simply out of your …
In a housing market where prices seem to be constantly on the rise, combined with Southern California’s well-known top-dollar real estate price tags, local buyers can find themselves wondering exactly how much money they need on hand to invest in the home of their dreams. When you combine the considerations of a down payment, the spectrum of closing costs, and …
Can’t wait to cozy up in that cute Colonial, but anxious about getting a mortgage? We get it. Buying a home is a big deal. But with a little know-how, it’s easier than expected to make smart mortgage moves and save big bucks over the course of your loan. By avoiding these mistakes, you can put your home-buying butterflies to …
Buying a home is an exciting event but saving up for the down payment can be daunting for many buyers. Fortunately, there are down payment assistance programs that can help California home buyers minimize their upfront costs. “In this age of massive student loan debt and the rising cost of SoCal living, it can often feel like homeownership will always be just …
It’s no secret that many markets across the country, our local one especially, have seen the number of buyers searching for their dream home greatly outnumber the amount of homes for sale. This rise in demand has created a highly competitive marketplace where buyers often need to distinguish themselves to come out ahead during the bidding process. A practical and proactive way …
During the homebuying process, the mountain of paperwork seems to never end… We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on …
There has been a lot of talk about how difficult it is to get a home mortgage in today’s lending environment. However, three recent reports have revealed that lending standards are beginning to ease. This is great news for both first time buyers and current homeowners looking to move or buy a second vacation/retirement home. Let’s look at the three …
The Refinance Offers Keep Coming… Should You Jump On One? Today I met with a potential seller who is in the process of a refinance. The refinance would save him $140 per month, yet it would add $4,000 to his loan balance. So unless he plans to stay in the home for at least 28.5 months, it doesn’t make sense …
