Introduction A mortgage payment is often the biggest monthly expense. For this reason, it is often a good idea to keep this cost as manageable as possible. When applying for…

Overview Given the current interest rate environment, Jumbo Adjustable Rate Mortgages (ARM) can be an excellent mortgage option that allows homeowners to get into a lower-than-market interest rate for the…

What Is the Debt Service Coverage Ratio (DSCR)? The Debt Service Coverage Ratio is a ratio of a property’s annual net operating income and its annual mortgage debt, including principal…

As a borrower, there are several options when it comes to purchasing a home. Financing a home with a mortgage is the most common route. From there, a buyer must…

One of the most important factors when dealing with California real estate is understanding the property’s value. If you’re wondering what the differences are between the different measures of value…

When applying for a mortgage, you may have questions surrounding the loan process about why certain documents are needed, and just how long the loan process should take. As a…

It is generally more difficult to qualify for a mortgage and purchase a home for entrepreneurs and other self-employed individuals. This is despite the fact that mortgage lenders consider the…

If you are 62 years of age or older and are looking to tap the equity in your home to eliminate your mortgage, supplement your income, or pay for healthcare…

There are different ways to pull equity out of a home, and a lot of borrowers get lost when trying to discern between their options. Many refinance to take advantage…

The Federal Reserve has been performing a juggling act throughout the past year. First, the recession required the Fed to keep the rate as close to zero as possible in…