Have you noticed a big rise in your credit scores recently, it’s most likely because of last month’s removal of tax liens from credit reports, and it also means that it’s an ideal time to get a loan. On April 16, TransUnion, Experian, and Equifax all removed tax liens from their consumer credit reports. Until

When a loan is termed “Underwater” that means the loan amount you owe is higher than the value of the home. Although we have seen a steady rise in home prices in California It is still possible for homeowners to be underwater. This is especially true for homeowners who received negative amortization loans prior to

When it’s time to purchase your first home, chances are that you’ll be unfamiliar with much of the new mortgage terminology. In the unending lists of acronyms and long words, two of the most important terms are jumbo and conforming loans. The terms jumbo and conforming refer to just how large your loan amount is.

Often times the best way to get money is to borrow it from yourself. When in need of money, it is possible to borrow money against the current equity in your home. Borrowing against your home equity As home prices rise and you pay down your mortgage the difference between the loan amount and the