- The Basics of an FHA Loan| Leave a Comment
First of all, FHA stands for Federal Housing Administration. That means the FHA regulates these loans and offers them at more competitive terms and rates to keep home ownership affordable for a wider variety of people. That’s also why FHA Home Loans are ideal for first time homebuyers or those with less than perfect credit. [...]
- Smart Moves Toward the Best Mortgage Rate| Leave a Comment
Whether you need a mortgage to purchase your first home or are simply looking into refinancing your existing mortgage, you absolutely must find the best mortgage rate if you want to make a positive financial decision. Let me help you by providing a few tips:
Shop around for the best rate.
Although we are in tough economic [...]
- Five Ways to Compare Mortgage Companies| Leave a Comment
Finding the right mortgage for your new home is a big decision, so here are five factors to help you understand which company will work best for you:
1) Fees and Interest Rates
You should always make sure that the fees are appropriate and the interest rates are affordable. Nobody wants to pay fees that they shouldn’t [...]
- Don’t Miss Out on Real Estate Foreclosures| Leave a Comment
Today’s marketplace offers many property investment opportunities, especially with the dramatic rise in foreclosures. Real estate foreclosures can now be purchased for pennies on the dollar and come in a variety of homes and price ranges (and even timeshare properties).
Low Prices
While the location and nearby amenities will play a role in the overall price of [...]
- Know Your Credit Score| Leave a Comment
If you’re looking into purchasing your first home, one of the very first things you should look at is your credit score. While the amount of money you make is very important, and the size of your damage deposit will matter, a poor credit score will sink your mortgage application faster than any other problem. [...]
- Finding a Mortgage Broker| Leave a Comment
All right, you want to buy a home. You have decent credit, very few debts, and no outstanding bills. You have a good job that pays well, with a decent employment history to review. You have the money for a down payment… you’ve got it all, right?
Nope. You need a mortgage broker.
A mortgage broker will [...]
- Knowing Is Half The Battle| Leave a Comment
If you are interested in finding your first home, the worst thing you can do is just start looking around. Why? Because you might be setting yourself up for a big disappointment. If you start looking without knowing what your actual budget is, you will have no idea what sort of home, or which areas [...]
- First, Pay Off Old Debts| Leave a Comment
If you are looking into purchasing your first home, you might be tempted to start saving every penny you can for your down payment. But in reality, there are some other payments you should be making first…
If you have any outstanding debt, the time to pay it off is now. Not only will a reduced [...]
- Beware of Longer Term Mortgages| Leave a Comment
As you know, there are a lot of different mortgages on the market these days, and it can be tough to know which one is right for you. Some people swear by the traditional 25 year mortgage, meaning that your house will be completely paid off in a quarter of a century. But recently, companies [...]
I help clients examine a variety of California home loans to find the best one and utilize all the tools at my disposal to showcase a comparison of loans. If your goal is to find a home loan that improves your financial standing, pays off debt, and you want information on how to use your home loan to leverage your financial position then you've come to the right place. DRE #00646652