Mortgage And Finance

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Lenders begin easing requirements to get a mortgage

by Mario Acosta February 24, 2015 Market Trends

A closely watched index that tracks mortgage credit availability — lender requirements on credit scores, down payments and other key loan terms — has some good news for potential home buyers: Things are finally loosening up.

After years of progressively tighter rules on borrower eligibility in the wake of the housing bust, banks and mortgage companies …

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Great News

by Mario Acosta April 21, 2013 Local Topics

We have talked extensively about buying, selling, being a landlord, moving – so many things we realtors get involved in on an ongoing basis.  We have even touched on things to do to fix your home up, whether  selling or staying put.    But this month there is great news for those of you out there …

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Do You Qualify For The HARP Refinance – Sherman Oaks Homes

by Mario Acosta November 5, 2011 Local Topics

What is the HARP Program?

If you own Sherman Oaks real estate here are the details of the HARP refinance program.

On October 25th, President Obama visited Nevada, one of the hardest hit foreclosure areas in the United States, and announced changes in the HARP program to help more homeowners who are underwater on their mortgage.  Based …

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Ready to Refinace Your Sherman Oaks Real Estate?

by Mario Acosta October 8, 2011 Local Topics

Mortgage rates have fallen to their lowest levels ever, making this a golden opportunity to refinance your Sherman Oaks real estate portfolio.

But many people can’t.  Homeowners who want to refinance in today’s tougher lending environment face hurdles.

Credit scores must be higher than they used to be. Debt loads must be smaller. Employment must be documented.

The …

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Sellers Brace for New Mortgage Caps – Sherman Oaks Homes

by July 26, 2011 How Much Is My Home Worth?

October Change Is Meant to Reduce the Government Footprint in Housing, but Industry Fears It Could Lead to Lower Prices.

Sherman Oaks real estate owners should be aware that the federal government is readying its first retreat from the mortgage market, with the size of loans eligible for government backing set to decline in October.

As …

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How To Get A Free Credit Report – Sherman Oaks Real Estate

by June 21, 2011 First-Time Home Buyers

Considering buying Sherman Oaks real estate?  Find out your credit score to get started on the right path.

Your Rights:Credit Reporting

The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies — Equifax, Experian, and TransUnion — to provide you with a free copy of your credit report, at …

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