Why Preapprove Early for Loan?
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…
Who Is Likely to Buy Your Home?
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…
NOT ALL LENDERS ARE CREATED EQUAL
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…
Housing and Interest Rates
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…
Raise Your Credit Score!
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…
Southern California Home Sales Hit 7 Year High
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…
Homes For Sale Hits 11-Year Low – The Impact on the First Time Homebuyer
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…
Bi-Weekly Payments
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?…
Thanks to Those Who Have Served Our Country
VA Loans – A Small Token of Thanks to Those Who Have Served Our Country The entire team at Dave Financial feels blessed to live in this great nation. As we have often been reminded, the liberties we enjoy in…