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Learn more about home loan topics from our blog articles below. We are committed to informing you about home loans and finding the right product for your needs.

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Home Loan Blog Articles from Golden Pacific Home Loans of San Ramon

Stay informed and learn more about home loan matters and housing market from our home loan blog articles below. Scroll down to the Categories section or to the bottom of this page to see more home loan blog articles.

Contact our Golden Pacific Home Loan agents in San Ramon for questions about best home loan mortgage and refinance opportunities.

Mortgage Refinance and Save Monthly Payments

About 6.5 million mortgage borrowers could qualify for and benefit from refinancing their home loans, which could translate into massive savings for those consumers.

What is a Balloon Loan?

A balloon loan is a mortgage loan that requires a larger than usual one-time payment at the end of the term. This means your payments are lower in the years before the balloon payment is due, but the end, you may be required to pay tens of thousands of dollars to pay off the remaining balance in full.

What is an Adjustable Rate Mortgage?

Home lenders offer 3/1 ARMs, 7/1 ARMs, and 10/1 ARMs. Picking the right ARM depends on how long you plan to stay in the home you are buying and your financial situation.

You May Be Able to Cancel Your Private Mortgage Insurance

If you put down less than 20 percent of the total cost, typically you need to purchase private mortgage insurance (PMI), can be 1.75 percent of the total loan, and 0.85 percent of the total charged in the monthly mortgage payment (approx. $100-$200/mo). Can you cancel it?

Home Price Continued Rising

Home prices continued rising at a steady clip in January, another sign that 2016 will offer more of the same in the housing market: tight inventory leading to rising prices and sales volatility.

How To Get Your Home Ready To Sell

Getting ready to sell your home? You leave thousands of dollars on the table by ignoring some simple tasks that might boost your sale prices and improve your chances of finding buyers quickly.

How To Buy a House – Your Parent’s House

Many people today live with their parents, grandparents or both. These arrangements, known as multigenerational housing, have become so common they’re even trendy. But you don’t have to live with your parents to buy their home.

Differences in Urban and Suburban Growth

Americans are moving to the suburbs is once again outpacing the rate at which they are moving to cities.

What Is A VA Loan?

VA Loans require no down payment or private mortgage insurance. For competitive rates and terms or questions on VA Loans contact Golden Pacific Home Loans San Ramon.

New Residential Sales in February

Sales of new single-family houses in February 2016 were at a seasonally adjusted annual rate of 512,000; 2.0 percent (±18.8%)* above the revised January rate and 6.1 percent (±17.9%)* below the February 2015.

Down Payment Requirements on Rentals

Meeting down payment requirements is tougher, and because mortgages on rental homes are not covered by insurance, lenders charge higher finance charges and steeper down payments than they do on mortgages of primary residences.

You Should Be Thinking About Home Buying

You could search your budget for ways of meeting the new demands. You could consider packing up and moving to another apartment. The problem is, those solutions are not only difficult, but you may face them year after year as rents continue to rise. Instead, you could solve the problem once and for all by buying a home.

Homestyle Renovation Mortgages

It can be exhausting finding a suitable home for sale that combines must-have and comfort features that will hold up long enough for the mortgage to close.

Are You A H.E.N.R.Y.?

Today, however, lenders are relaxing the 20% down payment requirement on jumbos – especially for H.E.N.R.Y.s (“High Earners, Not Rich Yet”), who tend to be younger professionals with great credit and incomes, but not much cash.

Things To Consider When You Co-Sign a Mortgage

Before agreeing to co-sign on a mortgage for a family member or close friend, it helps to weigh the advantages. Altruism can be its own reward, helping your child or struggling pal to get a home. But that may be the only advantage for a co-signer when balanced against the potential liabilities and shared financial hardships.

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