


Owner-Occupied Loans
Is it true that when if you get an Owner-Occupied Loan, you have to refinance when you move out? NO! Believe or not I have had a few clients think that this is the case. When you sign loan documents, the NOTE and the DEED of TRUST are the 2 contracts that you sign....
Special Announcement
Dear Homeowner, Congratulations on buying your home in 2014! As you may have heard the Mortgage insurance rates came down last week and so now is your chance to drop your rate and cut your monthly mortgage insurance “PMI” almost in half. There is no qualifying and no...
You Need to be on the Job for 2 Years Before Being Eligible for a Mortgage…FALSE
You need to be on the job for 2 years before being eligible for a mortgage. NOT TRUE. I just had a client come in who has been on her job for 5 months. She is a paralegal, and in the past had been in the hotel business. One lender turned her down, even though she had...