WHY VA LOANS ARE THE BEST LOANS AVAILABLE Backed by the U.S. Department of Veterans Affairs, VA loans are designed to help active-duty military personnel, veterans and certain other groups become homeowners at an affordable cost. A VA loan does…
I am often asked about the wisdom of making additional payments to the principle balance on a mortgage. While no one answer is right for everyone, here is some food for thought. Paying off a mortgage early is an excellent…
Why Preapprove Early? If you are thinking about buying a home, the first thing you will want to do is preapprove for a loan. In fact, most realtors will not show you homes, or allow you to submit an offer…
Are you thinking of selling your home? Are you thinking of making some improvements to help you sell your home? Before you convert the extra bedroom to the prized Man Cave, you might want to consider NAR's recent findings. It seems…
This past week, a study was published that ranked some of the largest lenders based upon their loan denial ratios. The study rated lenders based upon the number of purchase loan applicants that were rejected by the bank. Chase was…
I have been asked a lot over the past month if the recent rise in interest rates has impacted home purchases. Here is what I have seen. The number of people looking to buy a home or enter into contract…
HOW TO RAISE YOUR CREDIT SCORE 100 POINTS IN 45 DAYS Sound too good to be true? Not as much as you’d think. And having a higher credit score will save you money – big money. Higher credit scores help…
According to DataQuick, in a report released on Tuesday, said a total of 21,415 houses and condos sold in the southern counties of Los Angeles, San Diego, Ventura, Riverside, Orange, and San Bernardino, an increase of 4.1 percent from March…
According to a recent National Association of REALTORS® report, the number of “existing” homes sold slipped to 4.92 million in March 2013 — a one percent drop from the month prior. While this is a slip, the number is still…
Are Bi-Weekly Mortgage Payments A Good Idea? Consumers often receive solicitations from companies offering bi-weekly payments. The advertisements promise to reduce the number of years that a consumer will pay for the mortgage. Are bi-weekly payment options a good idea?…