Who does low down payment loans in Orange County? You have landed at the right place. We offer zero down home loans as well as very small down payment loans (1.5%) for loan amounts above $484,350. Watch this short video. Contact me to get started. You do not need 20% […]
Can you assume a Fannie Mae mortgage? An assumable loan allows a buyer to assume the rate, repayment period, current principal balance and other terms of the seller’s existing mortgage rather than obtain a brand-new mortgage. Check the loan terms to see if your loan is assumable. Technically speaking, any […]
Will a personal loan risk my mortgage? How soon after a mortgage closing (not refi) can I take out a personal loan without risking the mortgage in any way? There is no waiting period. Keep in mind the loan must be closed. This means the deeds should be recorded. The […]
Should you feel bad? Why feel bad if the reporting was inaccurate? If you are asking, should you feel bad if the derogatory credit was repaired under false pretenses? Let your conscience be your guide. Personally, it would not rest well with me. Helping someone fix their credit is fine. […]
A collection should not report on your credit 17 years later. Normally, the account sequence would be the following: reported late payment 30 days reported late payment 60 days reported late payment 90 days unpaid collection charge off This account should be reported from the date of the 30 day […]
Shopping for a new neighborhood? Here are some questions you might want to consider when searching for a new place to call home: What kind of environment are you looking for? Even if you love the idea of buying a place in a lively neighborhood with lots of hot spots nearby, […]
Why does a 30 mortgage seem rational to anyone? This was my response on Quora.com Why does a 30 mortgage seem rational to anyone? For clarity, this assumes the question “30 mortgage” is a 30 year fixed rate mortgage. There are reasons why the 30 year fixed rate option is […]
There may be more information necessary to accurately answer your question. Taking your question at face value, a mortgage is a legal instrument. In some states the legal term may be a mortgage. In other states, it may be a deed of trust (California is a Deed of Trust). You […]