May 11, 2021 | Blog, Private Mortgage Insurance, Refinance
What Is Private Mortgage Insurance “PMI”? Private mortgage insurance (PMI) is a type of insurance that a borrower might be required to buy as a condition of a conventional mortgage loan. Most lenders require PMI when a homebuyer makes a down payment of less...
Apr 14, 2021 | Blog, Refinance
What Is The Refinance Process? Refinancing your mortgage is a smart decision for many reasons, like lowering your interest rate, cashing in on your home’s equity, and lowering your home’s mortgage loan term. The refinancing process is often less complicated than the...
Mar 3, 2021 | Blog, Credit, Home Buying, Loan Process, Refinance
Are you thinking of buying a home? If you are a military service member or veteran, you may be eligible for a VA loan. The great news is that many of the perks of this loan are unmatched by any other home loan option! Here is what you need to know about VA loans: What...
Feb 9, 2021 | Blog, Credit, Home Buying, Refinance
Tapping into your home’s equity can be a good way to access cash quickly to pay for renovations or improve your financial position. But, it’s important to understand the process. Common options for accessing your home’s equity include a cash-out refinance, a home...
Nov 10, 2020 | Blog, Credit, Home Buying, Loan Process, Refinance
The New Fed Refinancing Fee Is Coming Dec. 1st; Should I Still Refi? In September of 2020, the Federal Housing Finance Agency (FHFA) was supposed to implement a new “Adverse Market Refinance Fee”. This fee will now be implemented on December 1st, 2020. This fee is...
Oct 13, 2020 | Blog, Refinance
The mortgage rates have hit yet another record low, so it is no wonder so many Californians are refinancing their homes. In fact, the refinance applications are 111% higher than in 2019, according to the Mortgage Bankers Association. But before you refinance your home...
