Mortgage Loans Property Tax

California’s Property Tax Assessments

California’s Property Tax Assessments Explained In California, property tax assessments are determined based on the market value of real property. The process involves several key components Assessment Value: The assessed value of a property is initially set at its fair market value at the time of acquisition, typically the purchase price. Proposition 13, a California […]

Mortgage Loans

The Foreclosure Process

Foreclosure is a legal process through which a lender reclaims a property from a borrower who has defaulted on their mortgage payments. This process is initiated when the borrower fails to meet the terms of the mortgage agreement, leading to the lender taking ownership of the property. The foreclosure process involves several steps, and the […]

Buyers Closing Costs Mortgage Loans Refinance

Closing Disclosure Explained

Closing Disclosure Explained The Closing Disclosure is a comprehensive five-page document that furnishes conclusive details regarding the mortgage loan you’ve chosen. It outlines the loan terms, provides a projection of your monthly payments, and delineates the fees and additional costs associated with obtaining your mortgage, commonly referred to as closing costs. Mandatory by regulation, the […]

Mortgage Loans

Home Affordable Mortgage

Home Affordable Mortgage – HomeReady & Home Possible The Fannie Mae HomeReady Mortgage Loan and the Freddie Mac Home Possible Mortgage Loan are both programs aimed at helping low to moderate-income borrowers with limited downpayment resources. While they have similarities, there are some differences between the two. It’s important to note that specific details may […]

Buyers Mortgage Loans

Understanding the Mortgage Application Process

Understanding the Mortgage Application Process The mortgage application process involves several steps from the initial application to the closing of the loan. Here’s an overview of each stage: Preparation and Research Selecting a Lender Property Search and Offer Formal Mortgage Application Loan Processing Underwriting Loan Approval and Closing Disclosure Pre-Closing Preparations Closing Post-Closing When you […]

Buyers Mortgage Loans Refinance

Explore Flexible Mortgage Terms: Choose Any Duration Between 8 and 30 Years

Explore Flexible Mortgage Terms: Choose Any Duration Between 8 and 30 Years Having the flexibility to choose a mortgage loan term ranging from 8 to 30 years offers numerous benefits for borrowers. Customized repayment period means borrowers can tailor the loan term to their financial situation and goals. Shorter terms, like 8 to 20 years, […]

Buyers Mortgage Loans Realtor® Resources

Origination Fee Reduction Program

TFHL Inc Home Loan Origination Fee Reduction Program Under the TFHL Inc Home Loan Origination Fee Reduction Program, TFHL, Inc. is slashing its mortgage loan origination fees to a mere 0.50 points, offering an unprecedented reduction for borrowers. Throughout this period, Treasury Funds Home Loans, Inc. will be originating mortgage loans with a minimal mortgage […]

Buyers Credit Report Mortgage Loans Realtor® Resources

Boost Your Credit Score for a Better Mortgage Deal

Boost Your Credit Score for a Better Mortgage Deal Your credit score plays a crucial role in determining the interest rates and terms you’ll qualify for when applying for a mortgage. A higher credit score can save you money in the long run. If you’re planning to buy a home, it’s wise to take proactive […]

Buyers Closing Costs Mortgage Loans Realtor® Resources Refinance

Understanding Loan Origination Fees

Understanding Loan Origination Fees When diving into the mortgage process, various fees emerge, with one common charge being the loan origination fee imposed by your mortgage broker for initiating your loan. These fees are not set in stone and can vary among brokers. Closing costs encompass the loan origination fee along with other charges like […]

Buyers Mortgage Loans Realtor® Resources Refinance

The Mortgage Broker Advantage

The Mortgage Broker Advantage When it comes to securing a mortgage, many individuals instinctively turn to their local bank as the go-to option. However, there’s a compelling case for considering the services of a mortgage broker, and in this case, Treasury Funds Home Loans, Inc. stands out as a noteworthy choice. The question then arises: […]