Jumbo Loan Advice

I am a first time home buyer and we are prequalified for a mortgage worth $750k with 3 lenders. We live in the Bay area where real estate prices are high and this jumbo loan may not be enough. Where can...

Shopping for Lower Interest Rates

We’re excited to buy a new home and have applied for loans with a popular lender in our county. We got an approval letter last September with a 2.75% interest rate. We gave them a call recently and we...

Will Getting Laid Off Affect Mortgage Application?

I lost my previous job due to COVID-19 and I just started with my new employer a few weeks ago. I worked for 4 years in my last job. We plan to apply for a mortgage to buy a new home, will my getting la...

Is Refinancing a Good Idea?

I have been paying double payments for a current mortgage for more than a year and should get it paid off in 2 years. My current interest rate is 5.375% fixed for 30 years. I still have $80k left on the...

Best Loan for Retirement Home Purchase

I own a rental property in Utah and I am looking to purchase a retirement home in California. My credit scores are in the low 600s. I am currently paying for a student loan at $400 plus child support at...

Is a 2nd Mortgage a Good Idea?

I am looking to buy a multi-family unit as an investment. My credit scores are 675, 650, and 640 respectively. I applied for a conventional mortgage but my lender told me that it would take 10 months to...

My husband bought a home before we got married. My name is not on the ti...

First Time Buyer For Studio Apartment

I plan to buy my first studio type apartment and I have saved up enough for a 3.5% down payment. The problem is, I have $100k in student loan debts that are deferred at the moment due to COVID-19. I als...

Best Loan for $90k Income

My income is at 90k a year but I’ve been with the company only for 6 months since I lost my previous work due to the pandemic. I’ve had 4 employers in the past 10 years with the same title and a lit...

Loan With Low Closing Costs

We are building our new home and we are set to close this November. This is my first time to look for mortgages and I want to make sure I pick the best one. I need a loan with the lowest payment possibl...

First Home Purchase Mortgage Qualifications

My wife and I plan to buy our first home which costs $500,000 and we plan to put a $100,000 down payment. Our income is a little over $150,000. Do we qualify for a mortgage? What are our options?

Need advice

I bought a $500,000 home with an interest rate of 3%. My family and I love the home and we plan to stay here for a very long time. My business is doing well and I have extra money to invest. My lender o...

Good time to refi or wait it out?

With mortgage rates at an all time low, I’ve been thinking about refinancing. I have a good credit score (low 800s) and we plan to stay in our current home for another 3 to 5 years. Is it a good time ...

Va loan

My husband was fully employed for many years at different employers and then was laid off during covid and he collected unemployment compensation for 6 months before going back to the same line of work ...

Lender change by lender before closing

The lender who initially approved me for a loan sold it to another lender. The escrow had not closed, and my agent was only made aware of it yesterday. How can the lender do that?