Posts tagged: how to qualify for a home loan

Credit Scores – Tips and Tricks for 2010

With interest rates remaining at historically low levels, and home prices down, may would-be buyers want to get their credit scores in shape to take advantage of homebuying opportunities. Find out what makes up your credit score and what you can do to improve it. Higher credit scores can equal thousands in savings so be sure you have the facts!

Monday July 12th, 2010 in , , , , , , , , , , , , , , , , , , , , , | No Comments »

Stolen Jewelry and $270 Insurance Refund Needed to Close $1 Million Laguna Beach Home Purchase

We have all heard the cautions of tightening lending standards. Most homebuyers in today’s Orange County real estate market have braced themselves for the adventure that has become the loan underwriting process. The “old rules” of “easy” lending that have plastered the news, targeted as being the culprit of our current economic situation, have been replaced by “new rules” which the big banks have promised are here to stay in the quest for more favorable lending practices. But how good can the “new rules” be when a buyer needs to scramble for $270 after putting over $200,000 in escrow to purchase their dream home in Laguna Beach? Will the “new rules” squeeze the financial middle class out of the real estate market?

Friday May 7th, 2010 in , , , , , , , , , | No Comments »