In the last few weeks, a handful of big banks have failed including Silicon Valley bank signature bank, and now First Republic Bank. While this is not a repeat of 2008, it … [Read More…]
how to buy sonoma county real estate
Why hourly wage earners sometimes have a hard time getting a home loan
You’re all excited to purchase your first home, you have a good job, you have a good down payment, and you’ve got a good credit score. What could go wrong, right? Here’s … [Read More…]
How to avoid common self employed mortgage mistakes
If you’re self-employed and trying to get prequalified to buy a home period it is not only the income you show on paper, the total picture matters. Here’s what you need to … [Read More…]
When you’re applying for a home loan, make sure you tell your lender everything
If you’re thinking about getting prequalified to buy a home, maybe you have some issues with your credit history in the past, or maybe you cosigned for someone else’s property. These are … [Read More…]
This FHA lender rule could be problematic for your mortgage
If you’re applying for a residential mortgage loan and you’re looking at an FHA loan to purchase or refinance a home this lender requirement could be problematic for you as it relates … [Read More…]
Why Silicon Valley Bank failed and why it’s good news for mortgage rates going forward
The recent failure of Silicon Valley Bank points to a broader issue that banks particularly depository institutions face as relates to their financial stability. Here is how this benefits your finances when … [Read More…]
Should I pay discount points when locking my interest rate?
For those looking to purchase to refinance a home, there might be some shellshock as it relates to costs associated with getting a home loan these days. It’s no surprise we are … [Read More…]
What’s the lowest credit score to get a home loan?
There is a significant amount of inaccurate information online and in the real estate community about the credit score needed to get a home loan to purchase or refinance a home. Talk … [Read More…]