In 2020, the U.S. Gross Domestic Product (GDP) contracted by 3.5%. This was a record and would have been much worse but for a very strong 4th quarter. Overall, the […]
There are many components to your individual financial profile that lenders assess when examining a mortgage application. One of the most important is your credit score. A question for many...
There was a time when lenders would accept whatever income you put on your application as accurate and true. These were called “stated income” loans; for many obvious reasons, they no longer...
It is possible to purchase a home with less than 20% down and avoid private mortgage insurance (PMI). Homebuyers have many options when it comes to their loan’s down payment amount. Many borrowers...
Many homebuyers have found the perfect home, signed the paperwork, and may think they're good to go. However, that is not the case. Even if you've done your research and saved your money and made an...
Many homebuyers are unsure how much they can afford to spend on a home. Even if homebuyers could be pre-approved for a home at the top of their budget, they might be more comfortable with a lower...
For those planning to take out a mortgage and purchase a home, homebuyers need to make what is called an earnest money deposit. First-time homebuyers typically have lots of questions concerning...
Homeowners cannot claim tax deductions on home equity loans in some cases. However, they can still benefit from cash-out refinancing programs to use the equity they've accrued in their homes. The...
A critical factor that influences a person's eligibility for a mortgage is their credit score. But what if you have a low credit score? Are you not going to qualify for a loan? This is a widespread...
The cost of purchasing a home includes more than just the down payment. In addition to the down payment, you will also need to pay closing costs which include various items and costs. It is crucial...
Applying for an FHA loan is easy and can be accomplished in 5 simple steps. The FHA application form includes five pages that need to be filled in, followed by four pages of directions and details....
Because of the current low rates, refinancing has become very popular. Homeowners wanting to take advantage of these low rates should know about their refinance options. When you refinance to...
Saving up with the funds for a down payment can be difficult. Luckily, there are some mortgage down payment assistance options available to California homebuyers that are seeking as little as zero...
You may have heard of “impound accounts” and have questions about how they work. Many first-time homebuyers are surprised by the amount of money they must bring to escrow at closing. This can be...
We are committed to reinventing the mortgage lending model in order to provide outstanding service, low rates, and some of the fastest closing times in the industry.
Resume from where you left off. No obligations.