When the time homes to buy your first home, you will have options galore. Here’s how to decide if you should purchase a single-family home or a more affordable condominium unit. Undoubtedly, … [Read More…]
What to do if you need last year’s income tax returns to get a mortgage
How’s your income? This is the first of many questions a banker is going to ask when you apply for a home loan. Here is how tax returns play a role in … [Read More…]
Refinancing: 4 Practical Money Saving Ways To Combine A First & Second Mortgage
Do you want to combine your first and second mortgage into one? Here’s 4 smart some money savings tips to be aware of when you submit a loan application. When you apply … [Read More…]
5 Important Things To Consider When Refinancing To A Fixed Rate Mortgage
If you have an adjustable rate mortgage on your home, here the 5 prudent factors to weigh in on when refinancing to fixed rate loan type…. Duration of Introductory Rate Period Most … [Read More…]
How To Save When Refinancing A Mortgage Bigger Than 417k
If recent mortgage rate movement has spooked you into refinancing, you’ll want make sure to pay particularly close attention if your loan size is bigger than $417,000. Jumbo investors in the marketplace … [Read More…]
Think You Can't Buy A House Because Its A Seller's Market?
Have you decided to put off purchasing a home? If you’re worried you’re paying too much for a house- think again. Here’s why: Higher Home Prices Let’s take a pause and rewind … [Read More…]
Will "Qualified Mortgages" Help Consumers?
On January 10, 2013, the Consumer Financial Protection Bureau unveiled new rules to help protect consumers from unscrupulous mortgage lending. These rules implement underwriting criteria what constitutes a “qualified mortgage”. As long … [Read More…]
Higher Mortgage Rates For Conforming High Balance Mortgages
If you are in the market for a mortgage refinance or home purchase, plan to pay more if you are borrowing more than the conforming loan limit. The national conforming loan limit … [Read More…]
Selecting The Right Home Loan Program
With the small variety of home loan programs available today selecting the right home loan program is easier now more than ever. There are lots of different options available for both purchases … [Read More…]
*Mortgage Tip: How To Get Best Rates For Jumbo Loans
Here’s a mortgage tip: if you are looking for the best interest rate on a Jumbo Loan consider a 5, 7, or 10 year product. The availability of Jumbo Loans in Sonoma … [Read More…]
