What do the new low mortgage rates mean for Californians?
For many homeowners, one of the factors used in determining whether they can afford a specific home is the interest rate for their mortgage. A lower interest rate usually means that a borrower can afford [...]
The More Things Change…
This is our first newsletter in about six months, because Community Mortgage has been undergoing a lot of changes. Shortly after renaming the company and launching the new website, we had an opportunity to join [...]
How Can I Find Out How Much Homes Are Selling for in My Area?
Knowing how much homes are selling for in your area can be a significant advantage for you, regardless of whether you are selling your home or purchasing a home in the area. If you are [...]
How Do I Select the Right Real Estate Agent?
Choosing the right real estate agent is extremely important whether you are buying or selling real estate. Your realtor is the person who will provide support and guidance during the real estate transaction. In addition, [...]
How does an adjustable-rate mortgage (ARM) work?
People are introduced to a wide variety of mortgage types as they go through the process of home purchase. It might seem easy to just choose the same type of mortgage as a family or [...]
Can I Qualify For a Mortgage With No Credit?
When it comes time to apply for a mortgage, lenders are almost always going to look at a person’s credit history. Many people establish their credit through the use of a credit card or automobile [...]
What Should I Do If I Have A Complaint Against My Lender?
What Should I Do If I Have A Complaint Against My Lender? What do you do if your mortgage lender is engaging in unfair trade practices or lending habits? There are several federal and state [...]
What’s the Difference between Interest Rate and APR?
What’s the Difference between Interest Rate and APR? Thinking of taking out a mortgage? There are several factors that determine how expensive or affordable your mortgage will be over the long term. Knowing all the [...]
HARP Program Extended – Should You Refinance Under HARP?
The 143,000+ people who qualify to refinance their house through HARP will need to decide if they want to use that cost-savings program or wait for the programs that will replace HARP later in 2018. If your mortgage [...]
What Factors Affect Mortgage Rates?
Obtaining a home loan can be a daunting experience with piles of documents, unfamiliar terminology, and that uncomfortable feeling of not knowing what to expect next. On top of all that, it can feel as [...]
4 Tips for First Time San Diego Home Buyers
Buying a home for the first time in San Diego? There’s a lot you should know before hitting the market or signing on that dotted line. Ultimately, buying a home could be the biggest purchase [...]
Do I Qualify for a VA Loan?
VA mortgages or VA loans as they are popularly known, allow veterans and people actively serving in the US military to get a loan partially guaranteed by the US Department of Veteran’s Affairs (VA). The [...]
Is a Reverse Mortgage Right for Me?
If you are a homeowner over the age of 60, you might wonder if a reverse mortgage is a sensible option for you. Some television ads make it sound as if a reverse mortgage can [...]
What Is the Difference Between a FHA Loan and a Conventional Loan?
Owning a home is part of everyone’s American Dream. Mortgages make it easier for home-buyers to do just that. Essentially, there are three types of mortgages: conventional home loans, Federal Housing Administration (FHA) loans and [...]
New Name, Same Great Service
Global Mortgage has changed its name to Community Mortgage. Why? When we opened the branch office nine years ago, we assumed the name Global Mortgage. Because it already existed, it was not something we put [...]
Community Spotlight: Identity Protection after the Equifax Breach
The Equifax breach is a big deal. Over 140 million people have had their personal information stolen. That is why I was fortunate to get to speak with Eran Sinai, the CEO & founder of [...]
Getting the Most Out of a Refinance
A past client came to us a few months ago interested in a refinance. They had actually done a refinance with a different company last year and realized that it did not meet all of [...]
Refinancing Mortgage? Consider the Following Tips
Are you having a difficult time paying off your current mortgage because of your family’s increasing expenses? If so, have you already considered refinancing mortgage? Refinancing your mortgage can be a good option when you [...]
Why Would You Want to do a Mortgage Review?
Once people are locked into a fixed rate mortgage, they often do not even consider if their mortgage is still a good fit after several years. That can be a lost opportunity for them. While [...]
Community Spotlight: Keeping Our Families Healthy
Last week, I had the chance to talk with Dr. Stephanie Libs, who is a chiropractor and owner of Café of Life in Pacific Beach. She helps keep families healthy using chiropractic and other natural [...]
Improving and Protecting Your Credit Score
Credit scores have a significant impact on your mortgage options and the rate you will pay. That is why it makes sense to know how to improve your existing credit score and protect a good [...]
