California tops the list for highest leverage ratios!
We all know that buying a home in many areas of California can be a challenge. The Monterey Peninsula is no exception and this summer's...
Debora Sanders
Your California Central Coast Realtor
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- Aug 26, 2020
California Wildfires - Insurance & Loans
It's been a devastating week for California as wildfires burn throughout the state. Lightning storms and in one case arson sparked some...
- Jul 15, 2020
Jumbo Loan Requirements Are Getting Stricter!
The Pandemic has triggered tighter requirements and it's making it more difficult for some borrowers to qualify for jumbo loans. These...
- Jun 18, 2020
Tips to Help Keep Your Credit In The Green When Applying for a Loan
Buying a house and getting a loan can be complicated so it's important be prepared. Here are some tips to help you protect your credit...
- May 22, 2020
APR's Show Substantial Declines over April 2019!
Interest rates continue to remain at historic lows but some metro areas are seeing larger declines than others in their APR's....
- May 15, 2020
Fannie & Freddie Allow Payment Deferral Post-Forbearance
Yesterday, Fannie Mae and Freddie Mac announced that homeowners in forbearance could request payment deferrals and add any missed...
- Apr 22, 2020
Finding Alternatives to Manage Appraisals During COVID-19
During the Shelter in Place order in Monterey County, any house that is not completely vacant, including no furniture, can not be...
- Apr 15, 2020
What's the Difference Between Forbearance and Deferment?
Many people who are concerned about making their mortgage payments during the COVID-19 crisis were relieved to hear that their lender...
- Apr 5, 2020
Beware of COVID-19 Mortgage Scammers!
Unfortunately, in times of crisis, there are still those who look for ways to take advantage of others. Freddie Mac warned this week that...
- Mar 27, 2020
Mortgage Relief to California Families During the COVID-19 Crisis
Good News! Governor Gavin Newsom announced that financial institutions will provide major financial relief for millions of Californians...
- Mar 11, 2020
The Coronavirus & Mortgage Rates
As we have seen over the last couple of weeks, the Coronavirus is shaking financial markets and it’s hard to know when things will start...
- Feb 19, 2020
What are all these fees?
Closing costs can run from 2-5% of the purchase price of your home. Wondering what they are? Here's a quick summary: Origination Fees: A...
- Jan 30, 2020
The Difference Between A Down Payment and an Earnest Money Deposit
If you are a first time home buyer or it's been a while since you bought a home, here is some information that might help: How Much...
- Nov 26, 2019
Do You Know Your Credit Score?
Your credit score matters so it's important to know where you stand. Federal law allows you one free credit report per 12 month period....
- Oct 10, 2019
Top Three Reasons Why Your Mortgage Gets Denied
The leading reasons for mortgage denials, researchers found: Debt and credit history: 33% of potential borrower’s debt-to-income ratios...