The mortgage world was set abuzz in March with news that regulators decided to change how FICO scores impact individual mortgage rates. Outrage over these changes was largely fueled by…

For those who are not already aware, FHA loans carry an upfront mortgage insurance premium (UFMIP) and an annual mortgage insurance premium (MIP).  These additional insurance payments are used to…

So you’re looking to purchase a home and are ready to start the process. Before starting your search, getting pre-approved for a mortgage loan is the best place to get…

Overview Owning multiple pieces of real estate will have an impact on your ability to qualify for a residential mortgage. One of the most common misconceptions people have is that…

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…