Monthly payment includes principle and interest only. Taxes, insurance and/or other monthly expenses are not included. Contact your Mortgage Loan Originator with any questions.
Mortgage Headliners: Getting Answers…Should I delay my mortgage payment… Homeowners with federal loans won’t have to pay lump sum after pausing payments Coronavirus related forbearance requests still on the rise… The housing industries response to the corona virus… Nearly 10% of [...]
Things are moving so quickly in the market with the coronavirus being at the forefront, everyone is feeling hardship across the board. FHA Loans provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. It is one of the largest insurers of [...]
Mortgage Headliners: Economist predicting emergency rate cut this week… Negative Interest Rates Unlikely… Coronavirus economic package in full… Trump is considers letting homeowners delay mortgage payments… We’re watching the market closely… If you’re in the market [...]
Buying a home can be a challenging experience for first-timers. Here are some mortgage tips to help get you started. Start saving for a down payment early It’s quite common to put 20% down, but many lenders will now permit a much lesser percentage, and first-time buyers programs allow as [...]
What is DACA Deferred Action for Childhood Arrivals (Dreamers) An American immigration policy that allows some individuals with “unlawful” presence in the United States after being brought to the country as children receive a renewable 2 year period of deferred action from deportation [...]
Mortgage & Homebuyer Concerns House Prices Are The Culprit Who would have guessed we would be back to the similar movie The Day After Tomorrow? All areas of the housing market are bracing themselves. More then half of the industry are saying the rising of interest rates have been their biggest [...]
How Do You Shop for Rates? The top tools for mortgage shopping Over the years, shopping for a mortgage has become better than ever. Purchasing a home is more accessible online and mobile, which makes the process more fitting for those of us looking for our dream home. Valley West Mortgage is here [...]
FHA BRINGS IN THE NEW YEAR WITH MIP CUTS FOR BORROWERS! The Federal Housing Administration, also known as the FHA, has decided to bless borrowers this year by cutting mortgage insurance premiums. Who is the Federal Housing Administration? The Federal Housing Administration, simply called the FHA, [...]
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 [...]
As the housing market evens out at the tail end of a countrywide recession, many people continue to search for mortgage and loan guidance and availability. It takes a long time to establish decent credit; however, that decent credit score can quickly and easily be ruined by a number of things. In [...]