Tips Regarding Your Refinance
This is a document that I send to clients whom are refinancing their home mortgage. There are a number of “heads up” items listed, all of which are meant to prepare you for any hiccups or annoyances in the refinance process. Many of these will also apply...Are No-Cost Loans a Real Thing?
Can you purchase a home or refinance your existing mortgage and not pay anything to do so? The simple answer is yes, but it definitely needs more explaining. There are costs associated with every purchase and refinance; the question is how they are paid. The best way...How to Calculate Your Qualifying Ratio
Your qualifying ratio, also called the debt-to-income (DTI) ratio, is one of the three main factors in getting a loan. The other two are the Loan-to-Value ratio (considering down payment or equity), and your credit score. There are many other factors in getting a...What an Increase in Interest Rates Means to You
Rising interest rates can drastically reduce the max purchase price you qualify for. Depending on the loan amount, a rise in rates of just .25% can potentially cost you hundreds of dollars (in particular with the high loan amounts in our Bay Area). But even with...Be Competitive in Your Offer to Purchase a Home
Even though housing supply and demand has leveled off compared to the earlier part of this year, demand does still outweigh supply (the inventory of homes on the market). So it is critical to be as competitive as possible when you are up against other buyers putting...Loan Calculator
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