Posts Tagged ‘#CentralValleyMortgage’
What Is DTI and How Does It Affect My Buying Power?
What Is DTI and How Does It Affect My Home Buying Power?By Stephen Palermo with Gold Standard Mortgage, your trusted Visalia loan officer When buying a home, one of the most important numbers I look at is your Debt-to-Income (DTI) ratio. As your trusted Visalia loan officer, I’ve helped many Central Valley clients understand and…
Read MoreWhat Is an Assumable Mortgage?
What Is an Assumable Mortgage—with Stephen Palermo, Your Trusted Visalia Loan Officer If you’re considering purchasing a home, you may have heard the term “assumable mortgage.” In simple terms, an assumable mortgage allows a buyer to take over an existing mortgage from the seller, assuming the same interest rate, repayment period, and balance. Instead of…
Read MoreCan You Add Renovation Costs to Your Mortgage?
Can You Add Renovation Costs to Your Mortgage? When a home purchase involves a property in need of repairs, many wonder whether the cost of those renovations can be included in the mortgage. Fortunately, the answer is yes—renovation costs can be included in many types of Visalia home loans. With my help, Stephen Palermo with Gold…
Read MoreHow to Refinance Your Mortgage: A Step-by-Step Guide
How to Refinance Your Mortgage: A Step-by-Step Guide Your home is your greatest investment, and refinancing your mortgage helps you unlock the full power of that investment. Many homeowners in Visalia, Hanford, Fresno, Bakersfield, and across the Central Valley consider refinancing to lower payments, pull out cash, or shorten loan terms. If you want to…
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