Articles

Does an Adjustable-Rate Mortgage Make Sense? September 5, 2012
Does an Adjustable-Rate Mortgage Make Sense?

 Adjustable-Rate Mortgage In recent years, adjustable-rate mortgages have been thought of by many as irresponsible borrowing. However, they’ve been making a comeback, especially among more affluent borrowers. An ARM may be the right choice for some, even if common sense leads you…

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Short Sales are Becoming Easier August 29, 2012
Short Sales are Becoming Easier

Easier Short Sales The Federal Housing Finance Agency has announced new short sale rules that might make it easier for borrowers to sell their homes for less than what they owe on their mortgages. The new rules will go into effect November…

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Getting a Mortgage May Be Tougher, But Still Very Realistic for Most Americans August 21, 2012
Getting a Mortgage May Be Tougher, But Still Very Realistic for Most Americans

Recently you may have heard the media say that it’s difficult or impossible to get a mortgage.  I’d like to clear up any confusion or untruths.  It may be more challenging to go through the mortgage process today, but banks are still…

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End of Summer Likely to Produce a Flux of Short Sales August 15, 2012
End of Summer Likely to Produce a Flux of Short Sales

Finance and housing specialists are anticipating the summer and fall months are likely to produce a flux of short sales. The multitude of short sales comes as more banks choose a portion of what they are owed rather than have a property go…

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Growth in Jobs Triggers Increased Mortgage Rates August 8, 2012
Growth in Jobs Triggers Increased Mortgage Rates

In 2008 and 2009, the United States economy turned, leading to a national Unemployment Rate of 10%.  During this time, mortgage rates dropped since the Non-Farm Payroll Report indicated that the economy, in the months to come, would conceivably decline. In a…

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Energy Efficient Mortgages and Rehab Loans Make Lending “Greener” March 1, 2012
Energy Efficient Mortgages and Rehab Loans Make Lending “Greener”

When you think of green businesses, the mortgage business probably isn’t the first to come to mind.  It’s more likely that a huge pile of paper comes to mind.  These days there is a disclosure, another piece of paper, for every imaginable…

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Franklin Loan Center | NMLS 237653
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, 4131316
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