Loan qualifying for the self-employed hasn’t gotten all that more difficult, it just feels like it has. Self-employed borrowers historically, have always had a difficult time with the loan qualifying. Stated income loans used to be the main outlet for these folks. These folks tend to write off all business expenses, and after factoring in…
The big 2011 money question: Should You Refinance Your Mortgage.. in a nutshell, it depends. The bottom line mortgage rates are extremely low right now. How low? Try 4.5% and lower for 30 year money and 15 year is under 4.0% and that is without points! Ultimately, no one can control the actual rate you’ll…
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,…
There is so much confusion out there associated with getting an FHA streamline refinance. You can still get a low Sonoma County mortgage rate by refinancing your FHA Loan. Because of the way the market is presently, borrowers have the capability of getting a no cost FHA streamline Refinance done. Most people who have FHA…
One of the things I am doing for folks who have been victims of this real estate market is helping them get back in shape to purchase a home in two to three years. Lots of people obtained purchase mortgage loans in 2004-2007. Many people have lost their homes and now they will need a…