by Irene Moustakas | Oct 25, 2023 | Industry News, Loan Programs and Products
Have you heard about the 1% down loan offered by Rocket Mortgage? Well, it’s available! It may be a little prohibitive in California considering real estate prices are higher than the national average, but there may be pockets where it’s possible. The loan program is...
by Irene Moustakas | Oct 17, 2023 | 1st Time Homebuyers, Tips
We’re going back to basics! I have just added this flyer to my “Resources” page and want to highlight it here as well. Let me know if you have any questions. Share this: Share on Facebook (Opens in new window) Facebook Share on X (Opens in new...
by Irene Moustakas | Oct 10, 2023 | Loan Programs and Products
It can be quite frustrating if you do not qualify for a traditional loan due to how you file your tax returns. If you are a salaried employee, your income is calculated based on your gross, but when you are self-employed, your income is calculated based on your net....
by Irene Moustakas | Oct 4, 2023 | Rates, Tips
This is a scenario I recently reviewed with one of my existing clients – he has accumulated a lot of credit card debt and feels overwhelmed by its significance. He owes $1.2MM on his mortgage at a 30 year fixed rate of 4.925% and the value of his home is $1.85MM. He...
by Irene Moustakas | Sep 18, 2023 | Uncategorized
Well, the 3+ year break in student loan payments is coming to an end and as of 9/1/23, interest on federal student loans has resumed. What you need to know when it comes to securing a mortgage: When there is no student loan payment reported on your credit report, the...