Debunking: “You need two years on the job to get a good mortgage”
One of the most common misconceptions is that you always need two years on the same job to get a decent mortgage. This is not true! Each scenario is different, but for W2 base salary or full time consistent hourly income, generally speaking you can get a mortgage with...
2022 Mortgage Industry Implosion Tracker
In March 2020, the Fed cut rates to 0%. Mortgage rates do not track 1-to-1 with the Fed rate, but by August 2020 it was the case that the highest rates available for vanilla normal mortgages were lower than the lowest rates, for the same, that been available in 2019....
Home improvement ROI considerations?
Wherein I give you “permission” to make home improvements for your family, not for the return on investment! Featuring a cool kid with absolutely crazy climbing abilities, demonstrated via the epic in-house climbing wall. @eastbaysmortgagebroker #duet with...
High Mortgage Fees Drive Me Crazy!
Did you know that since 2019 average feed paid by consumers, to lenders, for originating a mortgage, have gone up 40%?! #SupplyChain? We do over 75% of our mortgages with zero lender fees. We do not have 15 layers of middle management to pay out, we’re small,...
HowTo: Pay off debt to increase your mortgage approval amount!
A common mistake is for the would-be homebuyer to pay off the wrong debts before applying for preapproval. Don’t make that mistake! Reach out to us directly, so we can go over which specific debts of yours make the most sense to pay down, or off. Not all debt is...
Chris Mason, Loan Officer
