Author Archives for Pacific Residential

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

Mortgage Rates

Factors That Impact Your Mortgage Rate

February 21, 2019 3:28 pm Published by Comments Off on Factors That Impact Your Mortgage Rate

Additional Factors That Impact Your Mortgage Rate We understand that your interest rate is one of the most important factors in your mortgage. After all, a lower interest rate means a lower total monthly payment. But how is the interest rate determined? Previously, we’ve addressed how Credit Score, Down Payment, Loan Type, Property Type/Location, Loan... 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

Mortgage FAQs: Part 3

Mortgage FAQs: Part 3

February 13, 2019 11:58 am Published by Comments Off on Mortgage FAQs: Part 3

Frequently Asked Questions About Mortgages If you have questions about mortgage and the home-buying process in general, you are not alone. After the decades of experience our mortgage team has experienced, we know how to get you the answers to your most burning questions. We recently published Frequently Asked Mortgage Questions Parts One and Two,... Read More

FAQs About Mortgages | Pacific Residential Mortgage

Mortgage FAQs: Part 2

February 11, 2019 8:00 am Published by Comments Off on Mortgage FAQs: Part 2

FAQs About Mortgages Last week, we published a list of answers to our most Frequently Asked Questions about mortgages. Well, we’ve been in the business for a long time, so we have five more mortgage FAQs we think will help you through the home-buying journey. Here is part 2 of a multi-part series with some... 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

Bank Statement Loan | Pacific Residential Mortgage

PRM Bank Statement Loan

February 7, 2019 11:10 am Published by Comments Off on PRM Bank Statement Loan

PRM’s Bank Statement Loan for Self-Employed Applicants We’re excited to introduce our PRM Bank Statement Loan, an alternative program specifically designed for your self-employed clients. Instead of tax returns, we use your client’s bank statements to analyze cash flow to qualify them for a mortgage. PRM Bank Statement Loan: Fixed and adjustable rates available Three... 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

Mortgage FAQs | Pacific Residential Mortgage

Mortgage FAQs: Part 1

February 1, 2019 8:43 am Published by Comments Off on Mortgage FAQs: Part 1

Frequently Asked Questions About Mortgages We know that mortgages may seem complicated, but with decades of experience under our belts, we also know how to navigate just about any home loan. There are some common questions we think are important to understand before you start the home-buying process. Here is Part 1 of a multi-part... Read More