After a Divorce, You May Still Be on the Hook for a Mortgage I met a friend of mine for coffee recently and he told me he had signed a Quit Claim Deed, releasing his ownership of the house he and his now ex-wife had bought years earlier and in which she lives. He added, "I can go buy another hou
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01/07/2011
"My FICO Score is Too Low for a Mortgage? Can I Use a Co-Signer?" Sometimes I will run credit on a Roseville mortgage applicant, their FICO score is too low for them to qualify for a mortgage. When I deliver the bad news, the borrower will often ask if they could qualify by adding a co-signer.
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01/05/2011
Special program offered in California--first mortgage loan with a 3% down payment assistance grant for low- to moderate-income buyers! Grant may not exceed 3% of the first mortgage loan amount Proceeds may be used for down payment and/or closing costs Mortgage loan types - FHA, VA and USDA Sell
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01/04/2011
How Much Down Payment Money Do I Need for a Mortgage? As a Sacramento mortgage broker, I get asked this question a lot during the prequalification process. First, what is a down payment? It's a percentage of the purchase price which is paid at the time the home is purchased. Here is a helpful l
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01/01/2011
