Your Credit Report And Debt Collection Rights
When you apply for credit, businesses inspect your credit history to determine if you meet their requirements for extending credit. The Fair Credit Reporting Act (FCRA) requires these businesses to provide you with information about the decision. The FCRA goes
Choosing The Right Mortgage
Every situation is unique. Just because one type of mortgage was good for your neighbor or even your parents doesn’t mean it’s the right mortgage for you. Every borrower has a different set of needs when finding the right mortgage.
Credit Report Tips
If you’re buying a home or refinancing your current mortgage, an underwriter will review your credit report to determine if you meet the baseline underwriting requirements. Before your file goes to an underwriter, review my credit report tips for a
Real Estate Appraisal
When buying a home in California, you’ll most likely need to complete a real estate appraisal and an inspection. Together, the two reports provide a wealth of information to you, the homeowner, so you can better understand the value and
Average Closing Costs
Based on the 2025 home value index for California1, the average closing costs for home purchase transactions in California range between $15,778.34 and $39,446.00. This average uses the mortgage industry standard of an average cost range between 2.00% and 5.00%
Self-Employed Mortgage
Obtaining a self-employed mortgage is not as hard as you think, provided you’re working with the right mortgage company and a knowledgeable loan officer. Doing a little legwork before you apply for a self-employed mortgage makes you more likely to
Qualifying For An FHA Mortgage
Being a homeowner is a significant milestone that propels individuals to financial freedom. Californians across the state achieve this milestone with the help of loan programs such as the FHA loan program. Qualifying for an FHA loan is a straightforward
Co-Signing A Mortgage
A little-known way to help you obtain a mortgage is to have a co-signer on your loan application. Co-signing a mortgage is a great way to help a family member or friend buy a home or refinance a current mortgage.
Average Mortgage Payment
Based on the average value index for California1, twenty percent equity, and average mortgage rates, California’s average monthly mortgage payment for 2024 was $3,759.21 (principal and interest). As we move into 2025, this average will adjust based on adjusted values,
Loan-To-Value Ratio
Many factors impact your mortgage rate, and one of the most important factors underwriters consider is your loan-to-value ratio. When buying a home or refinancing a mortgage, it’s essential to know what impact your loan-to-value (LTV) ratio will have and