Direct: (818) 435-6560 | tgrey@equitysmartloans.com

Blog

10
Dec
By Todd Grey
Mortgage Tips, ,

How to Avoid Overpaying for Homeowners Insurance with Your Mortgage

When you buy a home with a mortgage, homeowners’ insurance is not optional, it is required. Lenders need to know the property is protected, and you need the peace of mind that comes with knowing your largest investment is covered. The challenge is that many homebuyers end up paying too much for their policy without even realizing it. With a little preparation, you can avoid overpaying and make sure your insurance matches your true needs rather than one size that fits all approach. Understand Why Lenders Require InsuranceLenders require homeowners’ insurance because the home is the collateral for the loan.…
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09
Dec
By Todd Grey
Mortgage Tips, ,

What Are the Pros and Cons of No Deposit Mortgage Loans

No deposit mortgage loans can sound appealing to buyers who want to purchase a home without spending years saving for a down payment. While these loans offer clear advantages, they also come with risks and responsibilities that every buyer should consider before moving forward. Understanding No Deposit LoansA no deposit mortgage allows a buyer to purchase a home without providing money upfront. Instead of saving for a traditional down payment, the full loan amount is financed through the lender. This option is often used by first time buyers or borrowers who have strong income but limited savings. Pros of No…
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08
Dec
By Todd Grey
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – December 8th, 2025

The PCE Index reports have come in—albeit delayed—and show inflation numbers that fell within expectations. The data also indicates that inflation has not worsened since before the government shutdown. It is widely believed that the Federal Reserve will likely cut rates once more. This is followed by another Consumer Spending report showing that spending rose in September and October, though the momentum appears to be slowing. Much of the optimism in the broader markets going forward hinges on the potential for further interest rate cuts. Consumer SpendingPersonal spending rose 0.3% in September, the government said Friday. That was a touch…
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05
Dec
By Todd Grey
Mortgage Tips, ,

You Ask, We Answer: How to Choose Between Expanding Your Current Home and Buying a New One

Does your home feel like it's starting to burst at the seams? Many homeowners across the country can relate to this feeling having bought a home only to run out of space due to a growing family or for other reasons. Let's take a quick look at a few questions that will help you to determine whether buying a new home or expanding your current home is the best choice when you're in need of some extra space. Why Are You in Need of More Space? The first question you'll need to answer is... "why?" Are you running out of…
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04
Dec
By Todd Grey
Mortgage Tips, ,

Understanding Why You Don’t Need to Pay Off Your Mortgage Early

Many homeowners feel pressure to pay off their mortgage as quickly as possible but faster is not always better. In many real-life situations, directing your money toward other financial steps can offer more growth, more protection, and more flexibility. Understanding when early payoff is helpful and when it is not can give you greater confidence in your long-term plan. Your Mortgage Rate Matters More Than You ThinkA major factor in this decision is your current mortgage rate. Many homeowners secured low rates in recent years that are far below the interest charged on credit cards and other consumer loans. When…
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