Refinance Request Turned Down? Here’s What You Can Do Next

August 15, 2014 by 1 Comment

In an effort to save money, many consumers have turned to a mortgage refinance as an option. Working with a mortgage company or bank, a borrower can significantly reduce his payments by taking advantage of low interest rates. However, with today’s stricter lending laws, many mortgage holders are finding refinancing isn’t quite as easy as speaking to a... View Article

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Advantages of Renting

August 14, 2014 by 1 Comment

In a previous article we discussed the benefits of home ownership, now we will focus on the other side of the coin.  Buying a home is not for everyone, and that is perfectly fine as renting has many of its own benefits.   Many people think that renting is a waste of money, and that is... View Article

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Pomona, California Mortgage Rates and Real Estate Overview

August 13, 2014 by Leave a comment

Pomona, Calif., was named in 1875 when the Roman goddess of fruit, “Pomona,” was deemed the best entry in the city’s naming contest. Interestingly, this was before any fruit trees were planted in the city: Pomona’s present fruitful abundance came later. Located west of the Inland Empire in the Pomona Valley, the city is usually considered a suburb... View Article

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Five Compelling Reasons to Refinance Your Mortgage Loan

August 13, 2014 by Leave a comment

If you’re waiting for the best time to refinance your mortgage loan, now might be the time to jump start the process. Refinancing replaces an existing mortgage with a new one. It’s a common practice in the lending world, yet a refinancing doesn’t always make good financial sense. To determine whether this is the right move, you need... View Article

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How can I buy a home with little to no credit?

August 12, 2014 by Leave a comment

You’re ready to buy your first home. And like most homebuyers today, you need a mortgage loan to finance that purchase. But there’s a problem: You haven’t established much of a credit history. You might even have no credit score at all. That will make qualifying for a mortgage loan more of a challenge. But it won’t... View Article

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Understanding an ARM Loan

August 12, 2014 by Leave a comment

During the home buying process, many mortgage related terms are tossed around.  One of these terms that is often talked about is an “ARM”.  An ARM, for those who don’t know what it stands for, means Adjustable Rate Mortgage.   Arms are one of many different mortgage loan options available to borrowers, and are a great... View Article

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Can You Create Rental Income Without Buying a Second Property?

August 11, 2014 by 1 Comment

Does the thought of creating another stream of income via an investment property appeal to you, but you feel hesitant about potential responsibilities as a full-time landlord? It might be worth taking a look at your own house before you go through the hassle of looking at a second property. Rental income doesn’t have to come from a... View Article

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