Credit Scores 101: What is Your Credit Score?
When you are applying for a mortgage, one of the primary factors that will determine the offers you receive is your credit score. The higher your credit score, the easier it will be for you [...]
Why Right Now Is a Great Time to Buy a Home
While it has never been a secret to those with a fundamental degree of financial literacy, buying a home can be an outstanding way to invest your money. Rather than watch rent go up in [...]
Community Mortgage Recognized as One of the Top 5 Mortgage Refi Companies in San Diego
Community Mortgage was recently recognized as one of the Top Five Mortgage Refinance Companies in San Diego by Expertise.com. In fact, our company is listed at the very top, and received an A+ score for [...]
FHA Loan Pros and Cons
If you are in the market for a home loan product which includes a low-down payment and flexible qualification requirements, and FHA mortgage is worth considering. This type of mortgage guaranteed by the Federal Housing [...]
Can I Borrow Money to Pay for My FHA Loan Down Payment?
A question we regularly hear from people looking for a way to finance their next home is whether they can borrow the down payment on their Federal Housing Administration-insured mortgage loan from someone else, like [...]
Our Guide to FHA Loans: Is It the Right Choice For You?
Buying a home for a growing family has always been the dream, but the reality is that it is often expensive. First-time homebuyers often find it challenging to get their foot in the door with [...]
Top Rated Mortgage Broker in San Diego Shares Tips for Buying First Property
Compared to how the world looked like for past generations, it's a tough world out there for millennial. When it comes to home-ownership, most millennials don’t see it as very important, as owning a house [...]
An Elderly Homeowner’s Guide to Reverse Mortgages
Ever since its inception, reverse mortgages has been met with confusion and apprehension. While these mortgage options are a great when considering retirement planning, they can be difficult to understand.In the past, the reverse mortgage [...]
Conventional vs FHA Loans: Which Is the Best Choice for You?
There comes a time when you will need to pay a large sum of money, be it for purchasing your first home, to renovate an old fix-upper space, or starting a business of your own. [...]
Do You Believe These Common First Time Homebuyer Myths?
Borrowers shopping for their first homes in San Diego often do not realize how many myths and misconceptions they have about buying a home and choosing a mortgage. These types of myths and misconceptions can [...]
6 Ways to Simplify Shopping for a Mortgage in San Diego
Shopping for a mortgage may seem complicated, especially if it is your first time doing so. But it does not need to be complex or difficult. Following are some recommendations to help you simplify and [...]
Can I Get a California Mortgage if I’m Self-Employed?
Your desire to be your own boss does not need to prevent you from owning a home, purchasing rental property, financing business property, or obtaining a line of credit. Being self-employed does not automatically prevent [...]
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 [...]
