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

Blog

07
Jan
By Todd Grey
Mortgage, ,

When Is The Best Time Of Year To Buy Things For A Home

For those who are trying to buy things for their home, it is important to think carefully. Nobody wants to overpay; however, reaching for something cheap may simply end up getting replaced quickly. There are a few highlights that everyone should consider purchasing for their home in January! Purchase Some Furniture In January First, everyone has to make sure they think about buying furniture either in January or July. A lot of furniture manufacturers provide retail stores with new pieces in February and August. Therefore, a lot of furniture will go on sale starting either in January or July. Storage…
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06
Jan
By Todd Grey
Mortgage, ,

The Top House Appraisal Tips For Home Buyers And Sellers

There are a lot of steps that come with buying or selling a home. One of the routine steps that have to be accomplished is called a home appraisal. When it comes to a home appraisal, this is something that can cause both buyers and sellers to pause for a second. For those who might not know, a house appraisal is where a trained professional will take a look at the fair market value of the home. It is important to understand what happens when a home appraisal is conducted.  Compare The Home To Similar Properties When a home appraisal…
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05
Jan
By Todd Grey
Mortgage, ,

Tips For Getting A Mortgage Application Approved

Right now, mortgage rates have fallen to rates that haven’t been seen in years. This opens the door for many people to apply for a mortgage that they previously may not have been able to afford. Sadly, not everyone who applies for a mortgage is going to be approved. There are a few steps that applicants can take to increase their chances of getting their mortgage application approved. Increase The Credit Score Applicants need to make sure that their credit scores are as high as possible when they apply for a mortgage. The greater the credit score is, the more…
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04
Jan
By Todd Grey
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – January 4, 2021

Last week’s economic news included reports from Case-Shiller Home Price Indices and data on pending home sales. No weekly data on jobless claims were released due to the New Year holiday, but Freddie Mac did issue its weekly report on average mortgage rates. Case-Shiller Reports Home Prices Reached 6-Year High In October U.S. home prices reached their highest level in six years according to Case-Shiller’s National Home Price Index. Home prices rose by 8.40 percent year-over-year in October as compared to September’s home price growth reading of 7.00 percent. Demand for homes rose during the Covid pandemic as families moved…
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31
Dec
By Todd Grey
Home Mortgage Tips, ,

Are You Applying for a Reverse Mortgage? Here Are 3 Considerations You’ll Need to Make

If you're a homeowner who is looking to tap in to the home equity that you've spent years building you may be interested in a "reverse mortgage" or "home equity conversion mortgage". While these unique financial tools aren't for everyone, if you qualify for a reverse mortgage you'll find that this might be the perfect financial solution which allows you to pay off your existing mortgage, or for some other regular expenses that you have. Let's take a closer look at how reverse mortgages work, including how to qualify, what happens to your existing mortgage and what a reverse mortgage…
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