Mortgage Property


Appraisals December 30, 2011

The appraisal is the most accurate estimate of the value of your property The appraisal amount is critical for the loan process because it is the number that lenders use to determine the loan to value of a loan This number determines things like how much money you can borrow...

Investment Property December 30, 2011

Real estate has and will always be one of the safest ways to invest money An investment property is defined as real estate that one purchases with the intention of profiting from it through sales or rent When applying for a mortgage the way which the property will be used...

LTV Rate Correlation December 30, 2011

How much should you borrow Does borrowing too much change my rates The short answer is as much as you feel comfortable borrowing and yes loan amounts change your rates The LTV or Loan to Value is the ratio of the amount of money you are borrowing in accordance to...

Property Types December 29, 2011

The type of property you own is a very important factor in determining your rates and can affect you loan process There are many types of properties but the Single Family Residence the Condominium and the Planed Urban Development are the most common SRF A Single Family Residence is a...

What determines Appraisal Value? December 30, 2011

There are many factors which affect the appraisal value of a home You can have a mansion in a run down neighborhood and the appraisal value would be relatively low There are different methods used to calculate the value of the home One such method is the cost method which...

Your Neighbors and You December 30, 2011

Living in a condominium has its own set of challenges You need to be much more tolerant of your neighbors and be willing to make compromises in order to live in harmony with them Your neighbor s actions not only affect your daily routine but it can also make or...

California Mortgage Rates