Latest Articles

15 Year Mortgages: Are They Worth It?

For most buyers, a 30-year mortgage is the first and only option when it comes to borrowing to buy a home. However, whenever it is possible, a 15-year mortgage is the ideal choice for some homebuyers who are able to afford higher monthly payments. As suggested by the timeline in the name, this mortgage gives […]

Monthly Mortgage Payment Breakdown

A mortgage is a long-term loan designed to help you buy a house. In addition to repaying the principal, you also have to make interest payments to the lender. The home and land around it serve as collateral. But if you are looking to own a home, you need to know more than these generalities. This concept also applies to business, especially concerning fixed costs and shutdown […]

Understanding Cash To Close

Cash to close refers to the final amount of funds a borrower needs to finalize a real estate purchase or refinance transaction. This figure can be made from a combination of or all of the following sections: Closing Costs Pre-Paid Items Down Payment For a purchase, these funds can include the down payment in addition […]

Will My Property Taxes Change When I Refinance?

Refinancing can be a great money-saving move, and one of the biggest questions asked when inquiring about a refinance is, “how will this affect my current property taxes?” From a tax perspective, refinancing is viewed differently than an initial mortgage, because it’s seen as “debt restructuring.”  The primary time that property taxes change in California […]