As underwriting guidelines for lenders become more stringent, we need to re-examine what a good mortgage application looks like. As you begin your search for a home, there are a few items that you should be aware of that will help get your loan approved - and with the best … [Read more...] about Guidelines for Your New Mortgage
Mortgages
Don’t be a Home Buying Victim
A lot of borrowers will quite innocently cause the downfall of their mortgage. Â You can avoid potential problems by following these 10 simple commandments: … [Read more...] about Don’t be a Home Buying Victim
The Price Is The Same But The Cost Is Less
These numbers are truly amazing. It makes great financial sense to purchase a home today, and here's why. Look at the actual COST of a home right now compared to previous years. Residential real estate values have returned to 2003 first quarter prices. That in itself, says … [Read more...] about The Price Is The Same But The Cost Is Less
No Equity? You Can Now Refinance Into a Great Rate.
It's finally here. No matter how underwater your mortgage is you may be able to refinance to today's low rates. You current loan must meet certain criteria. Here are some of the highlights. … [Read more...] about No Equity? You Can Now Refinance Into a Great Rate.
New Maximum Loan Limits in California
Lots of new changes and regulations in loan guidelines yet again. Jumbo loans are still the most difficult to get. Whenever possible, a conforming loan - or a High Balance conforming loan will be the easiest to obtain. … [Read more...] about New Maximum Loan Limits in California
California-Wide Mortgages
I just want to remind everyone that I'm servicing clients all over California. I split my time between Beverly Hills and Palm Desert but since many of you have moved outside of these areas I'm servicing all of California. I've also had great luck with a credit correction and … [Read more...] about California-Wide Mortgages
