Mortgage news and helpful tips

The Cliffs, a brand new Summerlin housing project broke ground today. The Cliffs, will be the newest village built in Summerlin in 12 years. The Mesa was the last village built. The Mesa was built in 2004. This brand new Summerlin housing community sits at the foot of the Spring Mountains, off Hualapai Way and […]

When you begin your new mortgage, you’re likely to hear about escrow accounts, homeowner’s insurance premiums and property taxes, but did you know that they can be some of the most difficult portions of loan servicing? To prevent complications down the road and make payment simpler for new homeowners, escrow accounts are often required by […]

How many times have you made financial assumptions? Once? Twice? A billion times? The fact of the matter is that we all make financial assumptions in our daily lives. We assume that we are not financially stable enough to buy our dream home or to even pre-qualify for a mortgage loan. Making financial assumptions has […]

The housing market in Las Vegas has seen a series of Ups and Downs in terms of home values and mortgage rates. Mortgage rates have hit their lowest mark in recent years while Home Property values have continued to rise at a steady pace. The United States has changed the terms and conditions for those […]

If you’ve read some of our earlier articles you already know that getting a decent mortgage rate is simple. Any loan officer can slap down a number and make you think you’re getting the best rate, but how do you really know that you’ve got the best mortgage rate around? The truth is, with only […]

In the last 8 years, reviews have become one of the major deciding factors in choosing whether to use a company and their services. Five great examples of service based review websites include Yelp, Angie's List, Zillow, Lending Tree and obviously Google. In the mortgage and real estate industry, Zillow and Lending Tree are the major […]

In case you have not heard, President Obama has just launched a BRAND NEW MORTGAGE PROGRAM that makes REFINANCING EASY and DROPS FHA MORTGAGE INSURANCE PREMIUMS across the board for everyone that qualifies! The Federal Housing Administration has lowered Mortgage Insurance Premiums from 1.35 to 0.85%. That means that you could save money every month […]

President Barack Obama announced on Wednesday that the Federal Housing Administration (FHA) annual insurance premiums will lower to 0.85 from 1.35, according to an article published by CNBC. This move is said to expand responsible credit borrowing to qualified lenders, according to the article, and is an effort to bring more first-time home buyers into […]

It's 2015. That means that we, Valley West Mortgage, want to start doing something more with our time than just offering the lowest rates in Las Vegas, NV and making our clients extremely happy. So we decided to hold our very first contest. We have 4, front row seats, to the January 9th 2015 Tuff-N-Uff: […]

A Manhattan federal jury reached a decision on December 19th, 2014, on a case that has been a longstanding suit by borrowers whose mortgages were owned or serviced by HomEq. Plaintiff Joseph Mazzei accused The Money Store and HomeEq of charging unnecessary late fees after the lenders had accelerated homeowner's mortgage loans. They also claimed […]