Author Archives for Pacific Residential

Happy couple considering HELOC

HELOC: What You Should Know

April 17, 2019 11:34 am Published by Comments Off on HELOC: What You Should Know

Over the past two weeks, we addressed what a HELOC is and how the HELOC process works. This week, it’s time to address some additional factors you should be aware of before you commit to a HELOC. It’s no secret that the U.S. economy was depressed for several years. During the economic slump, lending guidelines... Read More

Young Couple Renovating after a HELOC

The HELOC Process

April 10, 2019 9:19 am Published by Comments Off on The HELOC Process

Last week we covered the basics of what is a HELOC. Now that you understand the basics of a HELOC, the next step is to go through the detailed application process. Although the procedure varies between lenders*, the following HELOC step-by-step guideline generally applies. 1: Review Your Credit Records Take a moment to check on... Read More

couple redecorating after HELOC

What is a HELOC?

April 3, 2019 2:33 pm Published by Comments Off on What is a HELOC?

There comes a day in every homeowner’s life when you want to undertake a home improvement project that exceeds your bank account. Whether it involves hiring a contractor to build your dream kitchen or you just need a new roof doesn’t matter. What’s important is the specific loan product you select; specifically, should you go... Read More

Don’t Get Conned by Real Estate Wire Fraud

March 28, 2019 4:54 pm Published by Comments Off on Don’t Get Conned by Real Estate Wire Fraud

How to Avoid Big Mistakes in the Real Estate Closing Process There has been a recent increase of real estate wire fraud, but you have the power to spot the warning signs before it happens to you. According to data provided by the FBI, in 2017, close to $1 billion was “diverted or attempted to... Read More

Clean Your Gutters

Spring Cleaning: 7 Reasons to Clean Your Gutters

February 21, 2019 3:34 pm Published by Comments Off on Spring Cleaning: 7 Reasons to Clean Your Gutters

7 Reasons to Clean Your Gutters Spring is just around the corner. When it comes to the most important parts of your home, gutters are often overlooked. Gutter neglect can lead to several structural problems over time. Keeping your gutters clean and functional is a simple yet effective way to protect other parts of your... Read More

What is a Loan Estimate?

Understanding Loan Estimates

February 21, 2019 3:19 pm Published by Comments Off on Understanding Loan Estimates

What is a Loan Estimate? Your Loan Estimate is critical to the mortgage and home-buying processes, but many buyers do not know why. A Loan Estimate is a multi-page form that details the financial specifics of the loan you requested. After applying for your mortgage, your lender must provide this Loan Estimate within three business... Read More

9 Habits people with Tidy Houses Have in Common

9 Habits people with Tidy Houses Have in Common

February 13, 2019 12:40 pm Published by Comments Off on 9 Habits people with Tidy Houses Have in Common

Tips for a Tidy Home Thanks to the new Netflix show, “Tidying Up with Marie Kondo,” you may be seeing your friends’ social media accounts blowing up with before and after pictures of cleaned out closets, kitchens, and entire homes. #KonMariMethod Though Marie Kondo’s method has inspired many people to keep things clean, it all... Read More

Home Shopping Tips | Pacific Residential Mortgage

When to Start Home Shopping: 3 Tips

February 8, 2019 8:00 am Published by Comments Off on When to Start Home Shopping: 3 Tips

Don’t Wait Forever For… The One A lot of people choose their dream home at the wrong time. Either they jump in way too early – without a mortgage pre-approval or the proper finances to fund a home – or way too late when other offers have taken up all the inventory. Don’t drive yourself... Read More

Reverse Mortgage Refinance | Pacific Residential Mortgage

Reverse Mortgage Refinance: What You Need To Know

February 1, 2019 9:02 am Published by Comments Off on Reverse Mortgage Refinance: What You Need To Know

Basics of a Reverse Mortgage Refinance Are you nearing retirement? Maybe you are already retired, but you’re not getting the most out of the equity in your home. If you are on a fixed income or looking to make a significant addition to your finances, a reverse mortgage refinance might be for you. Reverse mortgages... Read More

5 More Tips for Staying Out of Debt | Pacific Residential Mortgage

5 More Tips for Staying Out of Debt

January 28, 2019 7:00 am Published by Comments Off on 5 More Tips for Staying Out of Debt

5 More Tips for Staying Out of Debt in 2019 We care about your financial well-being. We recently published “5 Tips for Staying Out of Debt,” and as a result, discovered some more opportunities for you to keep your debts to a minimum. Here are five more tips to help you stay out of debt:... Read More