If you have tried to refinance, but couldn’t because of income, or insufficient home equity, consider the FHA Short Pay Refinance Program. The FHA Short Pay Refinance Program is backed by HUD, just like a traditional FHA Loan, and offers current homeowners an opportunity to refinance into a fixed rate mortgage for payment relief. Traditionally,…
Since the death of Bin Laden, current mortgage rates for Santa Rosa remain under 4.75%! For the last two weeks we have had a rally in current mortgage rates and you can now lock in the best mortgage since middle of 2010. Consumers are feeling stronger about the economy by pouring their money into the…
What is a no-cost mortgage ? Let me be the first to say that many lenders quote rates and programs to get you to apply with them. That being said there are several distinctions we should make when understanding what a no-cost mortgage is. Let’s first talk about all the rest. A zero points mortgage…
With current mortgage rates still under 5%, do the math, an accurate mortgage payment calculator can help you calculate an affordable mortgage payment for your Sonoma County home loan. Taking out a mortgage is a careful step that requires meticulous consideration. You should always be working with current mortgage rates when using a mortgage payment…
Use a local Petaluma Lender to obtain a purchase home loan or a refinance home loan. A Sonoma County mortgage company will have one of the three types of representatives to assist you and helping you obtain a home loan. The first one will be local Petaluma Lender. This will usually be somebody who works…
“Dear Scott,We wish to thank you for working with us to obtain our home loan. We found you to be diligent in your effort to find us the right loan. You answered all our questions and were prompt to get back to us. You really made the process painless.We most appreciated your sincerity and honesty,…
Folks seeking FHA Pre-Approvals Sonoma County will be paying more post April 18, 2011. The monthly mortgage insurance premiums are in fact being increased by a .25% on 30 year and 15 year fixed-rate mortgages beginning on April 18, 2011. For Sonoma County first-time home buyers and folks seeking FHA Pre-Approvals Sonoma County this represents…
With home prices at record lows, getting an FHA Preapproval is a smart financial decision. A big concern for a lot of folks, seeking FHA Preapproval unemployment. People simply do not buy homes if they are worried about losing their job. However these people need to live somewhere and more often than not, they most…