When you’ve decided to acquire Downtown LA Lofts and Condos for Lease, you know it’s a process. Maybe you’ve already talked to a real estate agent (or maybe you’re looking for one – and if that’s the case, you should call 213-254-7626 right now!), looked at real estate listings to find out what you like […]
How to Get Mortgage Preapproval From a Lender
If you’re buying a condo or loft for sale in Little Tokyo, you’ll probably need a mortgage loan – most people do. The first step in your home search should be getting preapproval for that loan. Here’s how. How to Get Mortgage Preapproval From a Lender After you’ve shopped around for the best rates and […]
7 Mortgage Terms You Need to Know
When you’re buying a loft or condo in Downtown Los Angeles and using a mortgage (like most people do), you’re going to hear all kinds of industry terms. Here’s how to make sense of it all. 7 Mortgage Terms You Need to Know Check out these common terms: Amortization Appraisal Closing costs Earnest money Points […]
2019 Mortgage Advice
If you’re like most buyers, it’s been a while since you last dove into the housing market. Maybe you’re looking for your first condo for sale in DTLA, or maybe you’re buying your second, third or subsequent place – but no matter what you’re doing, it’s safe to say that the mortgage market has changed […]
What is Loan-to-Value Ratio When You Buy a Condo or Loft in Downtown Los Angeles?
When you buy a loft or condo for sale in DTLA with less than 20% down, you’re most likely going to have to buy private mortgage insurance. But what is private mortgage insurance, and when can you stop paying it? Understanding PMI: What is Private Mortgage Insurance? Private mortgage insurance is money you pay out […]
3 Common Mortgage Questions, Answered
When you’re buying a loft or condo for sale in DTLA, you’ll most likely have to get a mortgage loan – most of us do! But that means you’ll probably have plenty of questions for your lender. Check out these three common mortgage questions so you know what you’re getting into. 3 Common Mortgage Questions, […]
Mortgage Terms You Need to Know in 2019
What You Need to Know About Adjustable-Rate Mortgages
You’ve heard about adjustable-rate mortgages, but if you’re like many people, you don’t know a whole lot about them. Adjustable-rate mortgages, or ARMs, can be a good choice for some people. Are you one of them? What You Need to Know About Adjustable-Rate Mortgages An ARM, which is also called a variable-rate mortgage, is a […]
Should You Pay Off Your Mortgage As Quickly As You Can?
How to Get a Mortgage if You’re Self-Employed
3 Great Pieces of Mortgage Advice
If you’re buying a condo for sale in DTLA, you’ll probably need a mortgage – most people do. But here’s some mortgage advice you probably haven’t heard. 3 Pieces of Mortgage Advice for Home Buyers Shop for the best interest rate Keep your payment under what you make in one check Make extra mortgage payments […]
How is Financing a Condo Different From Financing a House?
If you’re buying a condo for sale in DTLA, you need to know that financing one is a lot different from financing a single-family home. Even if this isn’t the first condo you’ve purchased, here’s a quick refresher that can help you understand how financing a condo is different from financing a single-family house. How […]
How to Reduce Closing Costs on a Loft or Condo in DTLA
What is Mortgage Preapproval?
If you’re buying a loft for sale in DTLA, your first step is to get mortgage preapproval – and here’s why. What is Mortgage Preapproval? Mortgage preapproval is essentially a lender telling you, “Ok, as long as your financial situation doesn’t change between now and the time you officially apply for a mortgage loan, we […]
3 Myths About Mortgages That Most People Believe
If you’re buying a condo or loft for sale in DTLA, you’ll most likely need a mortgage – most people do. But these are three persistent myths about mortgages that you should know before you start applying. 3 Myths About Mortgages That Most People Believe The biggest three myths about mortgages are: Co-borrowers get rates […]