Category Archives: Preparing to get a mortgage

Reverse Mortgage Update: It was almost too late for these clients

Recently I got a call from and 85-year old client that needed my help. She didn’t have money to buy groceries. Wow, it’s not often that I’m called on in these types of situations, but I was glad to help her. But, how did she get into such a bad situation? Her husband had passed

Read More

How Long it Takes: Mortgage Loan Process Demystified

One of the first questions borrowers ask me when we’re beginning their mortgage application is “how long is this process going to take?” If you’ve wondered the same thing as you consider buying your first home, or your next home, here’s a simple, easy-to-understand rundown of the loan process so you can see about how

Read More

House Down Payment Options

Think you need 20% down to buy a home? Think again.

The time has come…you’re ready to do some adulting and buy a home, settle down, spend Saturdays at Home Depot, maybe even lay down some tile somewhere. But there’s just one problem, you’ve got to save a huge pile of cash for the down payment because, after all you are a first-time homebuyer in California.

Read More

Spring Home Buying Season Heating Up and How to Win in a Bidding War

Despite the financial market churnings recently, I’m seeing and hearing from others I talk to in real estate that the home buying season is heating up…now. We’re seeing a high volume of buyer activity. I’ve been receiving lots of borrower inquiries and doing pre-qualifications. I don’t have any data to back this up quite yet,

Read More

Q&A: How can I get a lower rate?

One of the questions I hear from clients most often is ‘how can I get a lower rate on my mortgage?’ It’s a great question and one of the most important ones to ask before you sign on for a long-term mortgage. The good news here is that there are numerous ways that you can

Read More

Changes in mortgage rules could help you pay off your student loan quicker

Raise your hand if you are still paying off your student loan…most of us have hands raised…71%, in fact graduated from college with student loan debt and many are still paying it off. Last week I posted briefly on Twitter and Facebook – which I’d love you to follow me if you’re not already –

Read More

Saving for a down payment in expensive So.Cal markets

How are you doing saving that down payment for your home purchase? A recent study posted by Zillow reported that saving for a down payment as the largest obstacle for renters wanting to buy a home. And here in Southern California, with high rents and high cost of living it’s even more difficult! So, although

Read More

Rents continue to climb, is it time to buy?

So, as a renter, each year when you get ready to renew your lease do you shutter to see the increase that your landlord comes up with? Well, you’re not alone. Lots of renters out there are feeling the pinch as rents continue to rise according to a new report out by the U.S. Census

Read More