How Student Loan Defaults reporting will impact your Credit score

By Stephen | May 9, 2025
Image of Stephen Palermo standing in front of GSM sign at our Hanford location explaining Is it a Good Time to Buy?

—Student Loan Defaults Hurt Credit: What It Means for Visalia Homebuyers—with Stephen Palermo Credit Scores Are Dropping Fast Student loan defaults & collections have resumed. The U.S. Department of Education restarted collections on defaulted federal student loans. This change happened after a pause that began in March 2020. Now, many borrowers are seeing immediate credit…

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What can you use home equity loans for?

By Stephen | May 8, 2025
Image of Stephen Palermo sitting at his desk explaining New build or existing home

What Can You Use  Home Equity Loans For? By Stephen Palermo with Gold Standard Mortgage – Your Trusted Visalia Loan Officer Home Equity loans: A Guide for Visalia Homeowners In Visalia California, homeowners have been increasingly exploring ways to leverage their home equity loan for various financial needs. As a loan officer specializing in Central…

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