California FHA information
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Hello and thank you for returning for more California Home buying information. If you miss any parts of this on going dialog, please look back on this blog.
Now lets continue on the path to California home buying.
Now that you have a contract and your real estate agent has open escrow. The mortgage [...]
FOR FREE MORTGAGE REPORTS CALL TOLL FREE 24 HOUR HOTLINE 1-800-882-2985
“What is a FHA or VA mortgage?” — EXT. # 200
How Much Money Do I Need To Buy A Home?– EXT # 202
How Much Are Closing Costs In Buying A Home? — EXT # 203
How does the loan approval process work? [...]
Hello, here is more First Time Home Buyers advice.
Determine a realistic price range. Your Mortgage lender can determine in a matter of minutes, the loan amount you can be prequalified for. Depending on your income, assests and debt, your mortgage lender can determine you debt to income ratio (DTI). With [...]
Buying your first California home can and should be fun and exciting. It will be one of the biggest if not the biggest financial decisions of your life. I shpould not be taken lightly.
For that reason as a Trusted California Mortgage Advisor I want to help you understand the process [...]
Watch this Video!
Interest rate Watch for Feb 3 2010
So what have California mortgage interest rates been doing over the last week?
California home buyers and refinancers, mortgages have moved very little in the last week, but they have moved. In fact they have moved for the better. Over the last week California interest rate have dropped on a 30 year fixed form [...]
Pay you loan off as quickly as possible. Time is money. There are lots of tricks to apying off your mortgage fast. I told you one on the last tip, a biweekly mortgage. A $300,000 loan at 7% over 25 years you will have a total repayment of over $640,000. [...]
Should I wait to buy or are housing prices going to drop more. Tha is the question. If you wait, what will interest rates do? Watch this video and see if it is worth it to wait. Oh ya, tax credits end April 30th, 2010.
Watch and you make the decision. [...]
Hello All, here is tip #2 on your mortgage. Do you want to pay your home off early. Get the lowest possible payment and add to it. You will increase your equity faster.
Did you know that if you paid one (1) extra mortgage payment a year toward principle you will save 7 [...]