2019 Riverside County Conforming Loan Limit ________________________________________________ Update - Click here to see the increased 2020 Riverside County Loan Limits ________________________________________________ GREAT NEWS for residents of Riverside County, CA! The…
So now that I know my Credit Score, what does it mean? When evaluating a borrower for a mortgage loan, we look at all three credit bureaus (Experian, Transunion and…
Required Credit Re-Establishment Periods for Mortgages after derogatory credit: Short Sales (Deed in Lieu of Foreclosure) Loan Type Waiting Period Conventional (Fannie Mae, Freddie Mac) 4 years FHA 3 Yrs…
With your particular qualifications and all of the different options, it's important to understand the distinction between available mortgage products.
One of the most important terms you’ll come across when shopping for a mortgage is APR, or annual percentage rate. But what exactly does it mean? Simply put, APR is…
One of the first questions most homebuyers ask is “What are the closing costs?” It's an important discussion, because buyer's are often stretched to come up with more than…
Is it really possible to get a mortgage and pay no points or closing costs? Yes and no . . . The reality is, you won’t pay any closing costs…
Is it better to impound my property taxes and homeowners insurance into my monthly mortgage payment? Many of our clients prefer to have their taxes and insurance impounded in their…
The FHA Streamline Refinance is a special mortgage product, reserved for homeowners with existing FHA mortgages. Homeowners with conventional mortgages via Fannie Mae or Freddie can't use it. FHA…
When buying a new home or refinancing, how will I know when to lock my mortgage rate? "Interest rates rise like a rocket and fall like a feather." This old…
