Your Mortgage And Your Retirement

California Home

“Do I want or not want a mortgage after I retire?” It’s an excellent question that every homeowner should ask however every situation is different so there is no easy answer.  First and foremost – be open to hearing many solutions.  The best solution for you may not be the one you are leaning towards so it’s important to be … Read more

Loan Fees, Costs And Points

Family at home

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

California Refinance Rates For Homeowners

Home Green

Refinance rates are relatively low compared to historical norms. As of January 1st, 2019 30 year fixed rates are between 4.125% – 4.625% (depending on the lender, loan structure and loan program).  Refinance rates continue to be near their recent lows as the bond market improves heading into 2019. Californians seeking a low home loan rate should contact 2-4 companies … Read more

Appraisal AVM

Couple in front of home

What is an appraisal AVM  (Automated Valuation Method)?  An Appraisal AVM is a home valuation service that can provide real estate property valuations using math and public data.  The AVM uses the most recent sales as comparables.  When you refinance your home you may be granted an appraisal waiver.  This is because the AVM model that Fannie (or Freddie) is using agrees … Read more

Key Mortgage Terms


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

Is it time for an Adjustable Rate Mortgage?

Real Estate

With fixed mortgage rates near 2015 highs; should a borrower consider an Adjustable Rate Mortgage (ARM) over a Fixed Rate Mortgage (FRM)?  Low California mortgage rates are obtainable even though we’re in a volatile period for interest rates and currently the best options are in the Adjustable Rate Mortgage loan programs.  An “A” paper borrower can obtain a zero point 7/1 … Read more