Loan approval is a requirement to a successful real estate transaction.
Category Archives: Mortgage Information
FHA Buyers: Prepare to Pay More… New Changes to the Program Announced
FHA changes announced and it’s not looking too great for borrowers.
FHA Announcement will Help Pasadena Home Buyers
FHA financing is more prominent in Pasadena now then ever before. We get phone calls from many first time home buyers who feel that they are able to buy a home now that the prices are lower, first time home buyer tax incentives are available and FHA ...
Insurance Problems for Homes in Escrow close to the Fire Zone
Insurance carriers take a stand on issuing home fire policies in areas close to Station Fire. This is a huge concern for home buyers currently in escrow.
New Government Regulation Impacts Your Escrow Closing Date for Pasadena Homes for Sale
You might be hearing a lot about HOEPA, HERA and HVCC on the news. Acronyms that stand for Home Ownership and Equity Protection Act (HOEPA, the Housing Economic Recovery Act (HERA) and the dreaded Home Valuation Code of Conduct (HVCC). In 2008, amendments to the Home Ownership and Equity Protection Act (HOEPA) and ...