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

Blog

04
Dec
By Todd Grey
Home Mortgage Tips, ,

Be Prepared for Your Mortgage Pre-approval Interview by Having Answers to These 4 Questions

So – you've completed an initial mortgage pre-qualification and now you're ready to take the next step and meet with your lender or mortgage advisor for the pre-approval interview. Are you ready? At this stage of the application process your lender will dig into your financial background to ensure that you're fully capable of making your mortgage payments and that you don't present too high a risk. Let's take a quick look at a few questions you should know the answers to before you go in for a mortgage pre-approval. Do You Have a Specific Home in Mind? If you've…
Read More
03
Dec
By Todd Grey
Mortagage Tips, ,

Buying A Home Virtually

During the past few months, everyone has been going through unprecedented times. Every industry has been impacted and this includes the real estate sector. There are lots of people who are still trying to buy and sell a home during an era of social distancing. This can make it hard to look at a prospective property in person. The good news is that there are still ways for people to buy a house virtually. There are a few tips that everyone should keep in mind.  Go On A Virtual Tour Of course, everyone wants to take a close look at…
Read More
01
Dec
By Todd Grey
Home Buyer Tips, ,

Buying an Investment Property? 3 Key Home Features That Will Help Ensure You Turn a Profit

If you're entering the real estate investment market for the first time, you're embarking on a great adventure - and with a solid plan, you can turn a tidy profit on your investment. The key to a successful real estate investment is choosing the right property. A great property will reap dividends for years to come. Look for these three features in your next investment property and you'll have no trouble finding one that turns a profit. Location: More Important Than You Think The location of your investment property will be critical in determining how much you earn on it…
Read More
30
Nov
By Todd Grey
0 Comments
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – November 30, 2020

Last week’s economic reporting included readings on Case-Shiller Home Price Indices, new home sales, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released. No readings were released on Thursday or Friday due to the Thanksgiving holiday. Case-Shiller Reports Highest Pace Of Home Price Growth Since 2014 Case-Shiller reported higher home price growth in September with national home price growth of 7.00 percent on a seasonally adjusted annual basis. August’s national home price growth pace was 5.80 percent. Housing markets in many areas are seeing increased activity due to higher demand for homes. While higher home…
Read More
27
Nov
By Todd Grey
0 Comments
Home Mortgage Tips, ,

Face The Numbers, A Mortgage That Works For You

Before taking out a mortgage to buy a home, it's time to take a realistic survey of your finances so that you can determine your price range and what size of home you can comfortably afford. Buying a home that suits your finances will mean that your mortgage payments will be easily within your budget and won't cause you financial stress. Stay In Your Price Range Many people, when offered a large mortgage by the bank, are tempted to buy homes that are outside of their price range. It's easy to see why a larger property or a more luxurious…
Read More