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Welcome to Our Website!

Thank you for the opportunity to assist with your financing needs. Whether you are looking to purchase a new home or aiming to refinance your current mortgage, or you are seeking a first-time mortgage or a cash-out mortgage, we will help you find the best program and lowest interest rate available in the market. Please take a moment to watch our video below, which will help you navigate through our website and help you find the information you are looking for.

The Express Mortgage Approval is a special service we have created to help simplify the loan application and approval process, so you can obtain your approval easier and faster. Our online loan application only takes a few minutes to fill out. Upon receipt, we will complete your loan approval on the same day.
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Michaels Mortgage Blog

February 13th, 2018 by Michael Deery

The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if home prices and interest rates were to continue to increase over the next 12 months. Mortgage rates have already increased “.5%” since the New Tax Bill was passed in December and are now at 3 year highs. Did you know that just a “.5%” increase in rates reduces a buyers purchasing power by 5%, which means a buyer being able to afford a $570k home instead of a $600k home with the same monthly payment. Here are 5 reasons to purchase a home soon in 2018.

February 10th, 2018 by Michael Deery

As home values and home equity continue to increase all across California, many homeowners are tapping into their home equity and borrowing cash-out to pay for home renovation projects, college tuition, finance a new property, or to consolidate credit cards and save money monthly. There are 3 different loan programs you can use to refinance and borrow cash-out, they are Conventional, FHA and VA financing. Check out the current rules how to qualify for each loan program.

February 8th, 2018 by Michael Deery

The conventional 3% down mortgage is one of the best low down payment financing option available for homebuyers in today’s market. There is also an option to remove the monthly mortgage insurance “PMI” from the mortgage payment, so you can obtain an even lower monthly payment. This Conventional 3% down program is a great alternative to FHA financing, as there is no option to remove the monthly FHA monthly mortgage insurance from the mortgage payment. Homeowners can also use this program to refinance up to 97% of their property value with No monthly PMI. Here is how to qualify for this program.

February 6th, 2018 by Michael Deery

With the new higher 2018 conventional jumbo loan limits, the 5% down Conventional Jumbo mortgage program with No monthly mortgage insurance “PMI” is a great option for buyers who want to purchase a home in higher cost markets. For example, a buyer can now purchase a home up to $715k in Los Angeles and Orange County, and $685k in San Diego with only 5% down and No monthly PMI. Check out how to qualify for this program.

February 4th, 2018 by Michael Deery

In today’s competitive housing market where inventory is limited and multiple offers are the norm, it is important that a buyer’s offer stands out from the crowd. Buyers and agents have to be creative with their offers and also provide full transparency upfront, so the seller will feel comfortable that a buyer will be able to obtain financing and close escrow. Here are 8 tips that will help your purchase offer stand out from the crowd and get accepted.

February 2nd, 2018 by Michael Deery

Buying an investment property is one of the best financial investments you can make. With annual rents continuing to increase on average 3% – 4% in many parts of California, and rental vacancy rates at 30-year lows in most parts of California, purchasing an investment property is a great source of additional income. I summarized 4 different loan programs that are available to help you finance and purchase an investment property.