refinancing Archives - San Diego Purchase and Refinance Loans

Home prices have steadily increased, adding value, wealth, and equity for property owners across the country. Thanks to an increase in value, home equity (the portion of the property held by the legal owner) has also increased. High equity brought by rising…

Bank Statement for Refinance: How to Refinance When Self-Employed

by Chad Baker March 2, 2022 0Comments

You can refinance when self-employed. This article will provide a few basic tips and suggest certain options for refinancing. Refinancing when you’re self-employed can be challenging. Not impossible by any means, just more complicated, extensive, and time consuming. Compared to a typical refinance…

Six Interesting, Unique, and Fun Reasons to Use a Cash-Out Refinance

by Chad Baker February 1, 2022 0Comments

The cash-out refinance is one of the best ways to get a quick injection of cash. Most of the time, this form of mortgage refinancing, which converts equity into available cash, is used for fairly basic and straightforward purposes. Most…

These are the Top 8 Buyers Who Should Use an FHA Loan

by Chad Baker December 2, 2021 0Comments

FHA loans are some of the most buyer-friendly mortgage options available. But like all loan products, there are certain types of buyers who will find these mortgages most attractive. Here are eight buyers who should consider an FHA loan for their next purchase... Top…

Mortgage Interest Rates Watch: Where are Rates Now, Will they Rise or Fall in Future?

by Chad Baker September 14, 2021 0Comments

If you are purchasing a home and using a mortgage, there are many important factors. While your own financial situation is most important, mortgage interest rates also matter. Mortgage Interest Rates: Where Do We Stand, Where are We Going? …

Renovation Loans: A Possible Solution When You Can’t Purchase a House

by Chad Baker August 31, 2021 0Comments

It’s no secret: in today’s market, buying a home is tough. With prices on the rise, time on the market extremely short, and massive competition for every property, homebuyers are finding it more challenging to purchase than ever before. Yes, we’ve…

Tough Times? A Loss Mitigation Solution Could Provide the Relief You Need

by Chad Baker June 29, 2021 0Comments

No one takes out a mortgage with the intention of not paying. But life happens, and sometimes, for a variety of reasons, we struggle to make timely payments on loans, including our home mortgage. One way to alleviate the problem is…

When is an Interest Rate Reduction Worth Refinancing?

by Chad Baker April 1, 2021 0Comments

Is it worth refinancing for a 1%, .5%, or .25% interest rate reduction? This article will help you make the best decision. If you pay any attention to the real estate market or the mortgage industry, you’ve inevitably heard that interest rates are…

You Can Refinance a Property That Was in Forbearance!

by Chad Baker March 9, 2021 0Comments

COVID-19 has had a major impact on numerous industries. The real estate and mortgage industry, by comparison to many others, has fared quite well. To be certain, there are people still struggling to make payments and many families are still struggling with…

Quickly Refinance Your VA Loan with VA Streamline

by Chad Baker February 4, 2021 0Comments

If you're an American veteran with an existing VA loan, you may be able to take advantage of lower interest rates and reduced monthly payments through a handy program officially called the Interest Rate Reduction Refinance Loan (IRRRL). A more common…

High Equity Can Bring a Variety of Advantages to Your Mortgage

by Chad Baker January 19, 2021 0Comments

Recently, we wrote an article about how to build equity in your home . We discussed topics like making larger mortgage payments, funneling extra income (bonuses, gift cash, etc) into the mortgage, and even waiting for time to simply increase the value…

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