How To Obtain A Fast Mortgage Approval

Family Home

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

When Not To Do A Refinance

Modern Home

It doesn’t always make sense to refinance your current mortgage and here are some guidelines to follow when making that determination on when not to do a refinance in California. We all want the lowest rate and payment possible but sometimes doing a refinance is not good idea and it’s important to make sure you’re making informed financial decisions – … Read more

What is a good mortgage rate for 2017?

California homes

As mortgage rates move back down everyone is asking; “What is a good mortgage rate for 2017?”.  The bond market has returned to 2016 levels so lenders have started to be more aggressive with how they price out their various mortgage loan programs.  But let’s start with the basics before determining what is a good mortgage rate for 2017. Mortgage Backed Securities: … Read more

Government Shutdown

Family Home

Should You Be Concerned? A concern is growing among homeowners, homebuyers and realtors – will this current government shutdown prevent borrowers from closing their mortgage on time? The quick answer is not yet. If you are closing in the next week or two you should be fine because your mortgage company has probably already received the 4506-T report back from … Read more

How To Get A Lower Mortgage Rate

Family in the Kitchen

If you are buying a home or thinking about refinancing your current mortgage I’m sure you want the lowest mortgage rate possible without having to pay ridiculously high fees. Wether its a 30-year fixed rate mortgage, a 15-year fixed rate mortgage or even an adjustable rate mortgage you have the opportunity to save thousands of dollars in interest if you … Read more

Key Mortgage Terms

Home

Below is a list of key mortgage terms everyone should know and understand before moving forward with a new mortgage. Refinance or a purchase purchase transaction; it’s important to understand the various terms used before, during and after the process. A borrower with a good understanding of mortgage terms will be in a better position to secure a low interest … Read more