Buying a home is a great opportunity to improve your financial position. Thousands of people every year take the plunge and buy a home for the first time. From first time home buyers to seasoned investors, you’ll want the best information possible to make sure you obtain a low mortgage rate at great terms.
Here are the simple steps to getting a mortgage in California. If you’re new to the process you’ll want to obtain a basic understanding of what a mortgage is (see below). Find a good mortgage company and an experienced Loan Officer. Ask the right questions. Gather your documents. Obtain your mortgage approval. Close your mortgage. Following these simple steps will … Read more
From our family to years we wish you the very best for 2019. Markets are closed today and will re-open on Wednesday. There are no important economic reports on Wednesday however on Thursday we have the ADP National Employment Report for December, ISM New York Index for December, ISM Manufacturing PMI, ISM Manufacturing Prices Paid for December (an important piece when … Read more
One of the biggest mistakes someone can make when shopping for a new mortgage loan is to just ask: “What’s the rate and are there any points?”. I think it’s almost a certain guarantee that you’ll end up paying more in costs and fees than if you simply asked a different question. Knowing what to ask a Loan Officer is … Read more
Have you ever asked a family member, friend or even a realtor this question – who has the lowest mortgage rates in California? I would guess most home buyers or homeowners looking to refinance their mortgage have at one point in time or another asked someone “Who has the lowest mortgage rates in California?” Here is a simple fact of life … Read more
Trying to figure out how much house you can afford is a big part of the home buying process. To determine that you must have a clear picture of your income; debts, down payment and what level of monthly mortgage payment you think you might be comfortable with. All important factors when determining how much you can afford. Here is … Read more
The mortgage approval process can be easy or it can be difficult; a lot depends on how prepared you are before you start the process. Loan Officers do their best in requesting the specific items needed for approval. However sometimes they do need to add to the list based on the documentation sent in from the borrower and if that happens try … Read more