Have you heard the term “guaranteed loan?” It’s possible, but it’s mortgage industry parlance that describes a specific feature of a mortgage program. There are three such programs and they’re all guaranteed loans to some degree by the government. It’s a government-guaranteed loan and there are three of them. The three are the VA, FHA […]
Saving up enough money for a down payment and closing costs is typically the single biggest challenge when buying real estate, especially so for those buying their very first home. There are low down payment programs which can ask for as little as 3.5 percent down, such as the FHA program, as well as zero […]
Whether it’s applying online, meeting a loan officer face-to-face, or having a conversation over the phone about a new home loan application, your mortgage lender will ask for documentation before underwriting the file. Because mortgage lenders follow the same basic lending guidelines they all ask for the same basic set of information. Sometimes though you […]
Mortgage Rates May Push Upward Later This Week Dependent on Retail Sales Data Mortgage rates managed to drift slightly downward last week, with no big surprises to press rates significantly in any direction. The ISM indices split direction, with the manufacturing index posting a decline, and the services index moving upward. Both indices remain above […]
Looking For Mortgage or Refinancing Options? When you have made the decision to purchase a home one of the major steps involved is obtaining financing. It is a good idea to consider financing options before you begin looking at homes. At C2 Financial, we can help you determine the best financing options available to meet […]
Why FHA Streamline Refinance is the Perfect Solution for Quick and Easy Refinancing? If you’re looking to refinance your home but want to avoid fees and piles of paperwork, then FHA streamline refinance might just be the solution you’re looking for. This is an option that more and more homeowners are now taking but it’s […]
Looking for the Best San Jose Mortgages? We Can Help! If you’re looking for an incredible place to live and work, it is tough to beat San Jose. Situated in the Bay Area, San Jose is known as the “Capital of Silicon Valley,” and has the status of a globally renowned city. It’s the third-largest […]
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