Qualifying for a mortgage involves: an acceptable credit score, sufficient assets and stable income. These are to show you can support a mortgage payment, plus other liabilities. You must have a balance … [Read More…]
Why an FHA loan may be a suitable choice
FHA loans have gotten a bad rap in the last few years. Here is the Granddaddy Truth about FHA loans, you should really consider if you are looking for mortgage options! FHA … [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…]
Going backwards trying to save for a home?
Do you need help saving to buy a house? What you think you need and what you actually need may not be the same. Here is what you should know when … [Read More…]
Is a 50 year mortgage a good move?
Are you looking to afford a mortgage? A 50 year mortgage may be an option, but here are some things to consider when looking at a long mortgage term. These loans are … [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…]
Buy a condo or a single family home?
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…]
4 Things Banks Won’t Tell You About Mortgages
As the Consumer Financial Protection Bureau strives towards creating more transparency within the mortgage industry, these truths remain. Here are four things you won’t hear from your bank at loan application… ‘You … [Read More…]
How To Prevent Common Surprises In The Mortgage Loan Process
All too often, the water cooler talk circulates and the stories about mortgage companies dropping the ball become ingrained with would be borrowers and the real estate community alike. How to stop … [Read More…]
Are There Any More First Time Home Buyer Loans?
Unfortunately not, there is no specific Santa Rosa or Sonoma County first Time home buyer program available anymore. Down payment assistance options come in the form of pulling money out of retirement … [Read More…]
