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How Do I Know if I’m Eligible for a VA Loan?
To know if you are eligible you would send for a VA certificate of eligibility. Most lenders will do this for you. You will need to present your DD214 (discharge paper from the VA) and sign a form requesting this. The VA now has an Automatic Certificate of Eligibility...
Unlocking the Power of Leverage. A Success Story
Tom and Betty bought a triplex in Torrance 3 years ago for $790,000. They put 30% down and got a 30-year fixed rate of 5.125% on a loan amount of $553,000. When they received my postcard about freeing-up cash, they found out that their property is now worth $1,000,000...
Economic news: This week, the markets awaited the March jobs report
To take you back in time, last month’s report showed a gain of 235,000 (later revised to 219,000) jobs and unemployment rate of 4.7%. Drum roll please! The jobs report for March was only 98,000 (weak but cyclical see the chart below) and the jobless rate dropped to...