Author Archives: Rich

In simple terms, a mortgage is a loan in which your house functions as the collateral. The mortgage lender loans you a huge sum of money (usually 80 percent of the value of the house) which you must pay back … Continue reading →

If you’re getting ready to refinance your home or buy a new one, one of the things you have to decide what type of terms you want for your loan. Two of the most popular choices are the 30yr fixed … Continue reading →

You may have heard that a reverse mortgage is a way to borrow against the equity in your home without having to sell your property first and without having to make monthly payments. Both of these statements are true, but … Continue reading →

With interest rates so low many home owners are thinking about refinancing. Many more are considering using an equity loan to remodel their homes and increase it’s value. If they do that though, will the low refinance rates still be … Continue reading →

A reverse mortgage is a loan that uses your home’s equity as collateral. Instead of borrowing money from a bank to purchase a home, you borrow money against the value of the home you already own. There are some advantages … Continue reading →

The mortgage industry will take some time to return to the glorious levels that went bust after the market slump of past few years. Till that does not happen, it makes perfect sense to hire contract loan processors against building … Continue reading →

If you are going to purchase a home or refinancing an existing one there are two loan types that are the bread and butter of most lenders; the thirty year fixed, and the 2/28 arm. The thirty year fixed is … Continue reading →

Performing complex financial transactions is not everyone’s cup of tea. There are loads of complicated processes involved in mortgage loan processing, which can consume a great deal of resources, while adding little to direct revenue generation. It is best to … Continue reading →

It’s been a long time coming years upon years of countless foreclosures, short sales and distressed properties have hit the Real Estate market but believe it or not, we are finally starting to see things in a better light. Recently … Continue reading →

One can say Coronado is an amenity of downtown San Diego. We regularly chat about Coronado highlighting its proximity to downtown as an enjoyable day out. Read More »