Major differences between Private money vs Hard money Loans There’s more to Private money vs Hard money loans than simply the prospect of buying a home with bad credit. It’s a good idea to understand how these two types of mortgage lending differ. This is especially the case when you compare them to more traditional …
Continue reading "Private money vs Hard money" Stated Income Loan Lenders: 3CALoan Stated income mortgage loans are synonymous with no doc loans. Under Stated income mortgage loans, stated income loan lenders requests you to state your income and accepts this information at face value. In order to get a no doc loan, you need quite a bit of equity in your home, …
Continue reading "Stated Income Loan Lenders" Manufactured Home Lenders in California: the 3CALoan Advantage Manufactured home lenders in California provide manufactured loans that are considered to be lower in cost than site-built home loans. Nevertheless, manufactured homes are still a huge investment. Manufactured home lenders in California make financing for a manufactured home loan much more attainable. As compare to site-built …
Continue reading "Manufactured Home Lenders in California" The Step-by-Step Mortgage Lending Process with CALoan In this blog post, I will be delineating the step-by-step mortgage lending process. The first steps are to see if you meet pre-approval of course. The next would be to get pre-qualified. In this step, you’d look for an underwriter or a brokerage. When you apply for a …
Continue reading "The Mortgage Lending Process with CALoan" How do jobs impact a loan officer submission checklist? When it comes to a loan officer submission checklist, there are several factors that are important. They need to see your pay stubs for the past two years, W-2 Forms for the past two years, bank statements for the last few months, and several other documents …
Continue reading "Employment History on a Loan Officer Submission Checklist" How can you refinance on a house? Are you interested in learning how you can refinance on a mortgage? In this blog post, that is exactly what I plan to address. Before you refinance on a mortgage, you’ll want to make sure you meet some caveats that the lender will inevitably require you to meet.
What is the best mortgage interest rate for me? There are two types of mortgages available when it comes to the best mortgage interest rate available. The two are the following: fixed-rate mortgages and adjustable-rate mortgages or ARMs. So, how do you determine the best mortgage interest rate most fitting for you?
Can a co-signer help me qualify for a mortgage at 3CALoan? It’s not as easy as you may think to qualify for a mortgage loan. I mean buying a home is a huge deal! It’s one of the biggest decisions one makes in his or her life. You don’t realize the ends you must meet …
Continue reading "Can a Co-signer Help Me Qualify for a Loan?"
