Clients often ask me what the difference is between a short sale and a bank owned home or REO so I thought that it would be helpful to bullet point that for your information. In a short sale situation the home owner is still the seller whereas with a bank owned or REO home situation the lender is the owner of the property. Home Buyers will NOT … [Read more...]
San Diego Refinance Rates
Why Refinance? Homeowners refinance for different reasons, but the process of refinancing a mortgage should result in some benefit to the homeowner. Borrowers may choose to refinance to obtain a lower interest rate and a lower monthly payment, or change the type of loan that they have. Some homeowners refinance to 'cash out' and take advantage of … [Read more...]
Conventional Financing and Max LTV
There are a lot of variables that determines the maximum loan to value on a conventional loan. The type of property, the zip code in which the property is located, the credit score of the borrower, the debt to income ratio of the borrower and the reserve requirements just to name a few. With that said, assuming all is ‘perfect’ you can go with as … [Read more...]
- « Previous Page
- 1
- …
- 77
- 78
- 79
- 80
- 81
- 82
- Next Page »