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...3% Down Payment, Conventional Loan Available
I’m actually pretty shocked that down payment requirements have loosened and not tightened. What do you think this means for the housing industry and the lending landscape? Do you think it’s prudent? The highlights of this 3% down payment, conventional loan option...Loan Calculator
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