Renting vs. Buying in California Which one is better: buying a home or renting one? This is a question that many people ask themselves. In our heads, we all have images about our dream home, but we also hear great stories about people renting their dream home and living care-free, without worrying about mortgage rates. Then we also hear stories … [Read more...]
Is It Time To Switch To A Fixed Rate Mortgage?
Adjustable vs. Fixed Rate Mortgage Making the right choice between a fixed and an adjustable rate mortgage depends on numerous factors, including your actual financial situation, the purpose you want to use the loan for and several other important factors as well. In what follows, we would like to explain how the two types of mortgages work so … [Read more...]
How Mortgage Interest Rates Are Determined
When you take out a mortgage, the bank as the lender takes a risk. The risks assumed by the lender are expressed in the form of interest rates, and the costs you must pay for obtaining the loan. The calculation of your mortgage interest rate depends on the amount of risk taken by your lender. The interest rate determined for your mortgage is the … [Read more...]
Do You Qualify for a VA Loan?
Veteran affairs mortgages also known as VA loans are becoming increasingly popular as the conditions for obtaining conventional bank loans from banks are becoming stricter and stricter. This immense popularity of VA loans is due to numerous factors. Most of all, the no-down-payment character of these loans makes the loans more affordable than … [Read more...]
How Fast Can An FHA Loan Close?
We've Closed FHA Loans in 15 Days Find out how we take action... Methodology Our methodology is simple: we don’t make promises we can’t keep. We provide excellent communication, high-quality service, and impeccable follow through with every client. And we do all of this while still keeping our rates competitive. HomePlus Mortgage focuses on … [Read more...]
How to Find VA Approved Lenders
Veterans who have served at least 90 days in active duty in a war zone or the minimum of 181 days outside war zones, in times of peace, qualify for mortgage loans with special conditions. These loans available for purchasing a house or a condo and offered for veterans are called VA loans, the abbreviation standing for Veteran Affairs. In order to … [Read more...]
Mortgage Lending Forecast for 2014
2013 saw a significant recovery of the housing and mortgage industry. A process that will continue in 2014 as well, according to the latest forecasts. However, this consolidation of the housing market will be accompanied by certain new rules in the domain of obtaining mortgages as well. Changes in the Procedure of Providing Mortgage Loans In … [Read more...]
Top 5 VA Loan Myths
There are numerous, very common and widespread myths when it comes to VA loans. Many of those who would qualify for a VA mortgage are put back by all the rumors that tell them these mortgages are very hard to obtain and even harder to pay back ,refrain from getting such a mortgage. However, you must be aware that VA loans are actually among the … [Read more...]
Why Get A San Diego VA Mortgage?
Obtaining a VA mortgage in San Diego is an excellent idea for more than one reason. In what follows we would like to present just a few of the incredible benefits of living in the area as such, as well as some of the advantages you can enjoy if you apply for a VA loan in the city. Fair Weather and Breathtaking Scenery in a City that Has so Much to … [Read more...]
FHA Changes for 2014
BUYERS To qualify for a home purchase under current mortgage limits, buyers need to get a FHA Case Number Generation before Jan 1st. This requires a fully executed contract, property specific; re-fi will need full applications. SELLERS In order to sell your home within current mortgage limits, you must list your home to get in contract before Jan … [Read more...]
- « Previous Page
- 1
- …
- 16
- 17
- 18
- 19
- 20
- …
- 26
- Next Page »