Prequalified And Pre-approved: What's the Difference?
If you're thinking about buying a home, then you've probably heard the terms "pre-approval" and "prequalification." While often used interchangeably, there's a slight difference between the two. This blog will go over what it means to be prequalified versus pre-approved...
Learn About Deducting Mortgage Interest From Your Taxes
One of the perks of a mortgage is the "mortgage interest deduction." Read on to learn what a mortgage deduction is, how much you can reduce from your taxable income, and how you can take advantage of this tax incentive.
About Mortgage Interest Deduction
The mortgage interest deduction is...
New Credit And How It Affects Your Credit Score
Your credit score matters in home loan approval and determining the rate you ultimately receive. Essentially, the higher the score, the lower the interest rate. That's why you must consider any action that might affect your score, such taking out new credit. Even a small loan can have a...
How to Finance an ADU
With the recent rise of ADUs in California, we are receiving an influx of questions regarding financing options.
The Answer: Cash-Out Refinance.
A cash-out refinance is an excellent option for homeowners planning to add an ADU to their property - whether...
What Does A Title Company Do?
A title company's role is to verify that the current owner can legally transfer ownership to the home buyer --essentially, making sure the seller has the right to sell the property.
In this blog, we'll go over how a title company determines legal ownership and the process of transferring...