The Simple Fact: Have you ever asked a family member, friend or even a realtor this question? 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 in the mortgage industry: no … Read more
First Step To Take – Your Current Loan: As far as a process to determine if now is a good time to refinance; here is how I suggest a homeowner determine if it’s a good time to refinance. When a homeowners consider a refinance they first should clearly understand their current rate/term before doing anything else. Second; try and locate … Read more
Post Election: Generally speaking; yes they are (as we head into summer)! Back in the Summer/Fall of 2016 mortgage rates were super low heading into the election. Post election they jumped fairly significantly and kept moving up as we started 2017. For another month or two rates remained elevated however since the beginning of Spring mortgage rates have generally improved. … Read more
The Process: Are you looking to refinance your current mortgage or are you looking to buy a new home in California? Getting a mortgage in California doesn’t have to be hard and if you’re prepared the process can be fairly simple and straightforward. We work with clients all throughout California, and those wishing to move to California, can look to … Read more
Everyone Is Asking: 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. … Read more
Your Current Mortgage: Let’s say you’re looking to refinance your current mortgage into a lower rate. Or maybe you’re looking to refinance your current mortgage because you would like some cash out to pay for a home renovation. But you have one main question: How soon can I refinance my mortgage? Maybe you just bought the home or maybe you … Read more
Be Prepared: 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 … Read more