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: Low mortgage rates drive housing market… Falling rates could boost mortgages ahead… Housing to Get a Jolt with virus pushing down mortgage… US Mortgage Rates Decline; 30-year loan… Corona virus could push mortgage rates to all-time lows… Virus [...]
Tips for First-Time Home Buyers If you search the internet for ‘home buying’ you’ll find an abundance of tips and tricks but they’re all pretty much the same. The end result is you purchasing your dream home so we’re here to help you through the process from start to [...]
Receiving & using a cash gift is one of the most common processes when purchasing a new home. Most forms of cash gifts are used for the 20% down payment. We’ve provided a brief breakdown of the process and how to ensure you’re not denied from your lender due to in proper gifting. [...]
Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with stable income? What is the borrower’s credit score? It’s important to [...]
The Diverging Market What Will the Mortgage Industry See? Origination: Lending outside qualified mortgage rule may help lenders replace lost home refinances Home purchase volume is expected to increase slightly but this trend will likely be prominent in 2018, as originators may continue to [...]
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 [...]
The Analytics on Appraisals What is an Appraisal? An appraisal is a document provided by an appraiser (the person who conducts the appraisal report) that provides a professional estimate of the value of your home. Appraisals are conducted by a third-party appraiser who is completely objective in [...]
The Federal Reserve is expecting to raise interest rates as soon as March of this year. The new Presidential Administration team occupying the White House is expecting a continued growth in the US Economy that has previously flourished as a result of the Obama Administration. They expect that our [...]
The Consumer Financial Protection Bureau (CFPB) is in back in the spotlight The Consumer Finance Protection Bureau (CFPB) has been in the spotlight lately since the scandal that took place a few years ago, got them in water for collecting reams of consumer data, undercutting privacy rights while [...]
February 1st brings some good news already. The Federal reserve as expected has held the interest rates steady today as they begin to assess where our economy heading-but they hinted that the rates might stay low for a good while to come. The Fed’s decision today confirmed those expectations. [...]