YOUR FIRST HOME LOAN: 7 TIPS FOR SUCCESS
SHOULD I APPLY FOR A MORTGAGE WITH BAD CREDIT?
PRE-QUALIFIED VS. PRE-APPROVED: WHAT’S THE KEY?
MORTGAGES FOR MILLENNIALS- YOUNG BUYERS FINALLY SAYING YOLO!
MORTGAGE TYPES: WHICH IS BEST FOR YOU?
I Was Pre-Approved. What Does That Mean?
June 9, 2017Sometimes the mortgage industry throws around terms without fully explaining what they mean. And on behalf of all mortgage companies everywhere, we apologize. When loan officers speak with clients sometimes they talk as though they’re speaking with a colleague in the business who understands the unique terms lenders use on a regular .....POSTED ON June 9, 2017
The Difference Between Mobile and Manufactured Homes
June 7, 2017Sometimes consumers get the terms “mobile home” and “manufactured home” confused or even use them interchangeably. Yet they’re not the same at all but they do share a bit of history. Mobile homes were originally introduced in the 1930s and were extremely popular. People would hook up a mobile home, which literally was advertised as .....POSTED ON June 7, 2017
VA Loans: Buying a Home with a Non-Veteran
June 6, 2017The VA home loan program just can’t be beat for someone wanting a home loan requiring as little cash at the closing table as possible. VA loans don’t require a down payment, certain closing costs are restricted and the veteran isn’t allowed to pay for them and there is no monthly mortgage insurance payment. When a couple buys a home .....POSTED ON June 6, 2017
What is CalHFA and How Can I Benefit From It?
June 5, 2017Have you heard of the CalHFA loan program? Unless you’re an approved mortgage lender you probably haven’t. The CalHFA loan program was developed by the California Housing Finance Agency which provides lending guidelines mortgage lenders follow to assist lower to middle income buyers buy and finance their very own home. While many of .....POSTED ON June 5, 2017
VA vs. FHA
June 2, 2017Of the three government-backed home loan programs of USDA, VA and FHA, it’s the VA and FHA that make up the majority of the group. They are considered government-backed because the loans carry with them an inherent loan guarantee. Should a government-backed loan ever go into default, which is relatively rare, the lender is compensat .....POSTED ON June 2, 2017