New Compensation Law for Loan Originators: What it Means to You
A new law is going into effect on April 1st that regulates how much loan originators* will get compensated on each loan. Yes, this will affect me and everyone else in my profession, but it will also affect you too. The law has many complexities, but my goal here is...How Your Credit Score Impacts the Cost of a Loan
On Conventional loans, your credit score can have a significant impact on the interest rate for which you qualify and/or how much more the loan is going to cost you. You can generally accept a higher interest rate so that you do not have to pay out of pocket for the...Jumbo Loan Rates, 3/7/11
A Jumbo loan is any loan amount that exceeds the high-balance loan limit set per county. High-balance loan limits for your city in California can be found here: California City High-Balance Loan Limits with a current absolute maximum of $729,750.00. If you exceed this...What is Title Insurance and Why Do I Need It?
Title insurance is one of the more expensive items you pay for in a purchase and/or refinance transaction. The title company performs a detailed and comprehensive search to determine if any person or entity may have an interest in the property. The title insurance...Loan Calculator
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