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 [...]
4 Common Credit Misconceptions
As most people know, your credit score has a big impact on your mortgage rate and whether you can get a mortgage at all. However, there are a lot of misconceptions around credit scores. And [...]
Community Spotlight: Managing Your Risks
In today’s video, I talk with Tyler Nichols of Northwestern Mutual about risk planning and how you can protect one of your most important assets: your income. https://www.facebook.com/drthorsen/videos/vb.688366899/10155067840076900/ Video Summary Any good financial plan includes [...]
Community Spotlight: Combating Rising Electricity Costs
This month, I had a chance to talk with community partner Matt Harder, who is an energy consultant at LGCY Power. They help homeowners save money on electricity by going solar. https://youtu.be/STqzTjTPHtI Video Summary House [...]
Can You Buy a House with a Poor Credit Score?
A few months ago, a woman contacted us who was frustrated because no banks would talk with her about a home loan. A decade ago, she owned a home and two other properties. And, she [...]
Community Spotlight: Buying in a Competitive Market
As part of our effort to build a stronger San Diego community, we are spotlighting valuable information from different San Diego service providers. Our first interview is with Dave Werth from Versa Realty Group. Here [...]
Big Savings Over Time: Buy vs. Rent
A lot of people think of home ownership as more expensive than renting. And it is true that you spend more money on fixing things around a home you own than when you are renting. [...]
The Hidden Value of Home Ownership
What do you see as the value of home ownership? For many people, particularly in San Diego, a home is the largest asset they will own. The equity in your home can help you build [...]
The Difference Between Urban Vs. Rural Housing
First time home buyers usually can’t decide on which property to buy. There are several aspects to be considered such as the price, location and type of house. When it comes to location, you should [...]
Top 3 Mortgage Loan Scams to Avoid
Lenders have become strict in terms of mortgage loans, so borrowers have no choice but to opt for non-traditional funding sources. Because of this, there are already a lot of scams that have emerged and [...]
Mortgage Mistakes for Mortgage Applicants to Avoid
One of the largest purchases that you can make is buying a home. This is a huge decision and it involves a huge amount of money so it is just right to be wise with [...]
Home Affordable Refinance program Basics
Are you having a hard time paying off your mortgage because of its high rates? Is the worth of your house lesser than the present amount of your mortgage? Do you want to convert your [...]
VA Loan Requirements to Remember
It is an honor to become a Veteran or to have a family member who is a Veteran. As a reward, the US government gives them the chance to obtain VA loans. If you are [...]
