Tag Archives: 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

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What to expect in Q4 for Markets and Mortgage Rates

Well, here we are…in October! We’ve turned the page to a new season and a new quarter. Now that the peak home buying season has cooled, like the crisp, fall air, I thought it would be a good time to share with you some of my thoughts on what’s happening in the markets and what

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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

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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.

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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,

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How the New Tax Reform Law Affects Homeowners

How confused have you been over the new tax law? While it was making its way through Congress it seemed like we heard different stories everyday of what awful or wonderful things would befall us once it was passed. Then, by the time it was signed into law by President Trump on December 22nd, we

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Reverse Mortgage Myths Busted!

Consider this, you’ve come to your target retirement age, have raised your children, paid for college and weddings, worked tirelessly, saved endlessly and now you’re looking forward to finally kicking back and enjoying life in your golden years. Except there’s a problem: you don’t have enough savings and retirement income to support the lifestyle you

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