Own a Home with No Down Payment – Let’s Explore Your Options!
Thinking about buying a home but worried about the upfront costs? The California Employee Loan Team is trained and certified in all CalHFA programs, giving you access to exclusive assistance that can cover your down payment and closing costs. What is CalHFA and Why Does It Exist? The California Housing Finance Agency (CalHFA) was established […]
Soft vs. Hard Credit Pulls: How We Protect Your Credit and Privacy
When starting the home loan process, one of the most common concerns among buyers is how a mortgage preapproval will impact their credit score. We prioritize your financial well-being and privacy. That’s why we use a strategic approach to credit inquiries—leveraging soft credit pulls when possible to minimize the impact on your credit score and […]
Navigating California’s Insurance Crisis
Navigating California’s Insurance Crisis: How Our Mortgage and Insurance Partnerships Keep Your Home Purchase on Track California’s insurance crisis is now disrupting the housing market in serious ways, with nearly one in seven home sales affected. Buyers are struggling with limited coverage options, high premiums, and in some cases, the inability to secure any insurance […]
Timing is Everything, Maybe.
Timing is everything, maybe. The recent jobs report was a reminder to homebuyers and homeowners looking to refinance that trying to time mortgage rates is tricky and can be risky. Many people expecting lower rates were surprised when they went up instead. Last week, the 30-year fixed mortgage rate increased from 6.2% to 6.53%, meaning […]
A Brighter Future – Market Update!
Today’s mortgage scene is looking a bit brighter! The average rate for a 30-year fixed mortgage is now 6.51%, a small drop from last week. Meanwhile, the 15-year fixed rate is sitting at 5.91%, also down slightly. With inflation finally cooling off and the job market showing signs of fatigue, the Fed might just cut […]