Category Archives: Banking and Finance

Today’s Mortgage Lending Environment Still Has Some Aspects That Do Not Make Sense

Banks want you to believe getting a these days is easier and that may be case if, you’re financial house is in order. Here is what you need to know about how to plan for the nuances, that may illogically arise… The reality is that if you’re going to be getting a mortgage in today’s […]

The Largest Mortgage You Can Get Is….

Buying or refinancing a home in a high cost market?  With so many attractive interest rates advertised and loan programs available in the lending environment today deciphering what interest rate and program is needed to successfully pull off your transaction can be something else entirely. Need a big mortgage loan? Read on… $417k Conventional Conforming […]

Here’s A Practical Lending Approach To Avoid Jumping Through Hoops

Ever here one of those stories in the break room how getting a mortgage is difficult? “I had to jump through so many hoops to get my mortgage, it was ridiculous. They keep asking me for financial information, I swear I already provided them.”  Reality check-obtaining a mortgage is no easy feat these days no […]

The Sebastopol Broker’s meeting and tour 9/17/2014

There were 51 present on this lovely fall day. 22 new escrows were opened, 9 were closed, 7 price reductions ( 4 significant), 13 upcoming listings mentioned and 17 “Buyer’s needs” brought up. Inventory is picking up countywide with most of the increase in the lowest price tiers and located in Santa Rosa, Rohnert Park […]

Why Your Mortgaged Rental Property May Not Help You

Do you own rental property? If yes, and you’re looking to borrow money with a new mortgage, your gain or loss identified by your tax returns may help or hinder your chances of procuring favorable credit. Lenders can use up to 75% of the rents generated, however, if there is a history of rental losses, […]

Getting A Mortgage Post Financial Calamity- What You Need To Know Surrounding Joint Chapter 7 & Foreclosure

If you have had a previous bankruptcy and lost a home in the last few years, the road to getting a new loan could be treacherous. Contrary to popular belief, for the purposes of obtaining mortgage credit, you cannot discharge home bankruptcy. What you must aware of getting a mortgage if you tried to discharge […]