mortgage loan comparison shopping Archives - Sonoma County Mortgages

Mortgages: why you need to read the fine print

Scott Sheldon — Sun, 05 May 2019 17:00:35 +0000

Every consumer wants to get a fair and reasonable deal on the cost of borrowing funds refinance your home or purchase a home. However, what many people get fooled into is believing that whatever they’re seeing on the internet or receiving in their mailbox is is the best choice for them. Here is what you…

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Why Sonoma County Housing Prices will continue to rise

sonomacountym — Mon, 23 Oct 2017 04:53:45 +0000

Sonoma county housing was already limited prior to the Tubs and Nuns fires. This year has shown a scenario more reflective of large demand with little supply. This economic shift has created a competitive market place for home buyers driving prices up subsequently making it challenging to purchase a home. In the aftermath of the…

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How to get a mortgage with a credit score under 620

Scott Sheldon — Sat, 22 Jul 2017 20:20:02 +0000

Here is what most banks and mortgage companies will not tell you. If you have a bad credit score they don’t want your business. It’s the truth. Every financial institution wants borrowers with good credit, a healthy down payment, a stable job and low manageable debts. The reality is that most people don’t fit the…

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One really smart move to best prepare for getting a mortgage

Scott Sheldon — Sun, 11 Sep 2016 19:54:58 +0000

Securing mortgage loan financing requires a laundry list of paperwork. Here’s a really simple tip you can take to the bank to make sure your process is easy while getting the best mortgage… Every year you gather together paperwork for doing your tax returns things like; receipts, explanations, paystubs and W-2s. 70% of this information…

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Should you refinance your house with a direct-mail mortgage offer?

Scott Sheldon — Mon, 01 Aug 2016 02:10:26 +0000

Many homeowners are often inundated by the amount of junk mail offers they receive each month. Here is what to think about if you’re considering refinancing with a direct-mail solicitor… Confusing pitch You receive a letter in the mailbox about a refinance offer saying the mortgage offer is a fixed rate loan with an ultra…

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Make your credit fit the mortgage box

Scott Sheldon — Mon, 07 Mar 2016 01:40:27 +0000

If you have some credit challenges preventing you from getting mortgage with competitive rates and fees, read on. Here are some tips you can take to the bank… Know this: you need not have perfect credit to buy a home or get a mortgage. Your credit just needs to be sufficient; good, bad, ugly or…

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Why Applying For A Mortgage Does Not Automatically Tank Your Credit Score

Scott Sheldon — Sun, 08 Mar 2015 22:16:12 +0000

There is a fair amount of misconception that applying for a mortgage causes your credit score to drop each time. Not the case. The sole act of having your credit report in conjunction with submitting a loan application to a mortgage company does not automatically constitute a reduction in your credit score. Here’s the skinny……

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Why Some Aspects Of Today's Lending Still Do Not Make Sense

Scott Sheldon — Tue, 03 Feb 2015 05:01:26 +0000

Banks want you to believe getting a these days is easier and that may be case if, you’re financial house is in order. Here is what you need to know about how to plan for the nuances, that may illogically arise… The reality is that if you’re going to be getting a mortgage in today’s…

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How Higher Mortgage Rates Affect Payment

Scott Sheldon — Mon, 11 Feb 2013 04:54:50 +0000

Purchasing a home or refinancing a home loan? If the interest rate is not locked, be prepared to watch the market very closely with your mortgage company. On closing escrow: Shorter term -consider moving into locking status as rates are volatile Longer term -take the position of floating as strong economic indicators point to improving…

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Mortgage Shop Santa Rosa

Scott Sheldon — Tue, 30 Nov 2010 03:27:12 +0000

To Mortgage Shop Santa Rosa be prepared for current mortgage rates to change frequently. Everyone knows they should Mortgage Shop Santa Rosa at least on a preliminary level makes sense in order to compare the most current mortgage rates on any home loan. Unlike shopping for a car or a camera to begin your mortgage…

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