Posts Tagged ‘#CentralValleyLoans’
Can I Use My Home’s Equity?
How Can I Use My Home’s Equity? Understanding Home Equity—with Stephen Palermo Understanding home equity is the first step to making the most of your property. Home equity is the difference between what your home is worth and what you owe on your mortgage. Each payment increases the equity you hold in your home. As…
Read MoreBank Statement Loans
Bank Statement Loans Explained—with Stephen Palermo Bank statement loans can be a powerful way to buy a home. I specialize in these mortgage solutions. As your trusted Visalia loan officer, I’m here to guide you. If you’re self-employed, a freelancer, or a small business owner, a bank statement mortgage might be the answer you need.…
Read MoreMortgage when you’re self-employed
Self-Employed or Have a Unique Income Situation? Here’s How You Can Still Get Approved for a Mortgage. If you’re self-employed and have an unconventional income source, getting approved for a mortgage might seem overwhelming. But I’ve helped many Central Valley clients get approved, even when their financial documents didn’t fit the mold of a standard…
Read MoreThe Role of Appraisals when Home Buying
Home Appraisals and home buyingBuying—with Stephen Palermo @ Gold Standard Mortgage When you start searching for a home, you need to know the home appraisals when buying connection. You will quickly learn how important an accurate home value becomes. As your Visalia loan officer, I always explain why getting a correct appraisal impacts mortgage rates,…
Read MoreWhat is a Cash-Out Refinance?
What is a Cash-Out Refinance? If you’re considering borrowing against the equity in your home, one option is a cash-out refinance. This allows you to replace your current mortgage with a larger one and receive the difference in cash. Another alternative to this is a home equity line of credit (HELOC), which lets you access…
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