Traditionally, self-employed mortgage borrowers are more heavily scrutinized by mortgage companies because of their gyrating income. If their business stops the revenue stops and their ability to make a mortgage payment could … [Read More…]
Expectations home buyers should have in today’s mortgage environment
Getting a mortgage is every bit as arduous as you might think. The paperwork can be technical and complex. Here is what you should expect if you plan to buy a home … [Read More…]
How much the debt in your life is costing you
Your ability to save money can become compromised by the financial obligations you are paying in your life. If you have a mortgage and consumer debts, this article will help you determine: … [Read More…]
The factors that determine your loan fees
Costs to secure your financing are a big factor when it comes time to getting a mortgage. Knowing why your loan costs (X) dollars is critical in being able to better understand … [Read More…]
Which option makes the most sense for cash out refinancing?
If you have the need to borrow money, but you don’t want to tap your assets cash out refinancing your home could be a good move. Here’s what to consider when determining … [Read More…]
6 questions every lender will ask
Like it or not when you apply for a mortgage you’re going to go through financial scrutiny. How well your financial picture is in order will determine an easy, slow or difficult … [Read More…]
Are we in a housing bubble?
As prices continue to climb many are wondering if there’s going to be a pop similar to the financial crisis. Here is the reality of mortgage and housing market… The financial crisis … [Read More…]
When Should I Lock-In My Mortgage Rate?
Not sure when to lock your interest rate on your mortgage? Here’s a few things to consider in getting the best possible combination of rate and price… The biggest things that determine … [Read More…]
Here’s An Unconventional Way To Pay Off Your Home Faster Without Changing Terms
Most strategies to pay off your home involve making radical principal prepayments or moving to a shorter-term debt structure. Here is a way to refinance your home using your lender’s money. Quick … [Read More…]
Home Equity Is Back In Sonoma County- Mortgage Options Follow
Unlike in years past, the Sonoma County Real Estate Market continues to show strong appreciation gains. Homeowners who were upside down in 2011-2012, now have home-equity as the demand for real estate continues, despite … [Read More…]
