Articles
September 18, 2014
Foreclosures Up? Opportunities for Investors?
This week there was news that more foreclosed homes are on the market again in August. The cause of this activity is homes that went through a foreclosure years ago and banks are beginning to release more of this inventory into the…
September 11, 2014
Information for Borrowers Who Lost Their Homes
For one-time homeowners who suffered specific types of a major financial crisis, Fannie Mae is now making it easier for borrowers to become homeowners once again. Fannie Mae is reducing waiting times and lowering down payment requirements needed to qualify for a…
September 4, 2014
Mortgage Crisis Brewing?
Dick Bove, a noted banking analyst, is predicting a pending mortgage crises as we move towards the end of 2014. The reason? An end to “quantitative easing” meaning the Fed, which has been buying as much as $40 billion in mortgage backed…
August 28, 2014
Reasons Behind Decrease in Mortgage Originations
According to a recent post by Freddie Mac analysts, home buyers are not taking advantage of lower interest rates, as indicated by a decrease in mortgage originations. These analysts identified three main factors for this decrease. The first reason is that the…
August 21, 2014
The Importance of Knowing Your Credit Score
Every potential home buyer knows the importance credit scores play in getting a good interest rate on a mortgage or qualifying for a mortgage at all. Knowing your credit score is vital to understanding where you stand in getting a mortgage with…
August 14, 2014
Is Paying off Your Mortgage a Good Idea?
With all of the financial responsibilities most people have, that elusive idea or dream of having financial freedom is something everyone continually thinks about. The majority of homeowners know that their mortgage is a major factor that is preventing them from this…
Franklin Loan Center | NMLS 237653
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, 4131316