Tips for Scoring Lower Rates and Speedier Closings on Mortgages Right Now

by mylenderjackie | Jun 23, 2020 | Loan Programs

Obtaining a mortgage in the spring and summer of 2020 while many areas begin to slowly open up after pandemic shutdowns means longer wait times for the underwriting process and final approval as well as much tighter qualification standards. Right now lenders are...

Home Equity Loans Begin to Tighten Qualifications

by mylenderjackie | Jun 16, 2020 | Loan Programs

As the number of Americans out of work or laid off has grown to record numbers due to the coronavirus pandemic, a large number of homeowners are searching for ways to be able to simply cover their living costs. During this time there has been an increase in owners...

What to Know When Asking About Mortgage Forbearance

by mylenderjackie | Jun 10, 2020 | Homeownership

Even though the mortgage delinquency rate is going up since the beginning of COVID-19 the rise has not expectedly risen to meet the number of unemployment claims. This has credit and housing counseling services concerned that homeowners may be staying silent about...

What You Need to Know About an E-Closing

by mylenderjackie | Jun 2, 2020 | Loan Documents

As many things shift to online and electronic services during pandemic social distancing measures people buying and selling homes are getting used to a new way of conducting real estate transactions. One of those things is the way mortgage papers are signed. ...

Buying a House Sight Unseen? Avoid These 8 Mistakes

by mylenderjackie | May 25, 2020 | Buying

From grocery shopping to home buying, it seems like almost everything can be done completely online now. The idea of buying a house without seeing it is less daunting these days with all the new technologies and ways to buy a home virtually, and it’s becoming more...

What is a HELOC? Pros and Cons

by mylenderjackie | May 19, 2020 | Loan Programs

Since the beginning of the COVID-19 pandemic, more people have been looking into different ways to cut their cost of living to meet their income. One of the most common ways is to find a solution with their home. A significantly large number of people have been...

Answers to Mortgage Questions During COVID-19

by mylenderjackie | May 11, 2020 | Homeownership

Last week we touched on a few questions many people have concerning mortgages due to the impacts the COVID-19 virus has had on the economy. Since there are quite a few important questions being asked right now we decided to answer a few more. This week will focus more...

Answers to Questions Many People are Wondering About Mortgages due to Corona Virus

by mylenderjackie | May 5, 2020 | Homeownership

With so many unknowns in many areas, especially financial and economic ones, during the COVID pandemic, many homeowners and potential buyers have a number of questions they are wondering about. Here is a list of the most frequently asked questions about mortgages on...

How to Keep Your Finances Stabilized

by mylenderjackie | Apr 28, 2020 | Blog

Ways Homeowners are Looking to Stabilize Finances in Abnormal Times As the state of California has been sheltered in place for a significant amount of time many people are beginning to wonder what life will look like when restrictions are lifted and we are allowed to...

When Will This Chaotic Mortgage Market Settle Down?

by mylenderjackie | Apr 20, 2020 | Blog

Many things besides physical health have been affected by this pandemic. One of those things is the mortgage market, but why? How would this cause such a crazy roller coaster in interest rates? There are two main factors that have thrown the mortgage market off its...