Tips for Mortgage Refinancing
Follow these steps to better understand the process of mortgage refinancing and to set yourself up for the best possible outcome. Call CHOICE ONE today!
Financing Tips when Purchasing a New Home
Pre-qualifying for your mortgage should be one of the first steps you take on the road to purchasing a new home. Here's a brief review of the process.
2020 Riverside County Conforming Loan Limit
2020 Riverside County Conforming Loan Limit GREAT NEWS for residents of Riverside County, CA! The 2020 Riverside County Conforming Loan Limit is now $510,400 (up from $484,350 in 2019, $405,950…
2019 Riverside County Conforming Loan Limit
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…
Mortgage Products – What’s Right For Me?
With your particular qualifications and all of the different options, it's important to understand the distinction between available mortgage products.
Joint Tenancy vs. Community Property
Most California married couples own their homes as "joint tenants," because they want the surviving spouse to own the entire home, without any formal court proceeding to confirm the transfer.…
Understanding No-Cost Mortgages
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…
Should I Impound my Taxes and Insurance?
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…
What is an FHA Streamline Refinance?
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…
How Interest Rates Move
Here's a great video discussing how interest rates move. Although produced in 2010, the principles still apply in our economy today and should for the foreseeable future.