Category Archives - Cal Coast Funding

What You Need to Know About Conventional Loan Requirements

by dev | Aug 24, 2021 | Category

When you decide to buy a home, one of the first things you need to consider is what type of loan you want to get. Many may choose a conventional loan since it is more readily available. Even though a conventional loan is not backed by a government agency, that...

Understanding FHA Loan Closing Costs and How to Avoid Them

by dev | Aug 17, 2021 | Category

Applying for an FHA home loan entails paying closing costs that are charged by the mortgage lender and the various other players involved in the loan process. While they’re mostly unavoidable, there are actually ways you can do to somehow lessen the amount you’re...

Steps to Get Your Credit Ready Before Applying for a Mortgage

by dev | Aug 11, 2021 | Category

If you are getting ready to buy your first home (or even if you are not a first-time home buyer), you will likely know that having a good credit score will increase your chances of getting approved for a mortgage. Also, having a good credit score will give you a shot...

4 Common Myths About VA Loans You Should Know About

by dev | Aug 5, 2021 | Category

VA home loans have been around for quite some time. They provide an excellent benefit for veterans and active service members, especially when buying homes. However, since only a limited number of people are eligible for veterans’ home loans, many people don’t fully...

5 Myths About Mortgage Refinancing and the Truths Behind Them

by dev | Jul 28, 2021 | Category

Due to the rapid decline in interest rates, many homeowners can now feasibly consider mortgage refinancing, giving them a more affordable mortgage to pay off. That also means they can save more money in the long run by refinancing at a lower rate. If mortgage rates...

Get a Preapproval Letter Before You Buy That House

by dev | Jul 22, 2021 | Category

One of the biggest challenges in buying a home is applying and getting approval for a housing loan. It involves reexamining your financial capability and providing the documents and details required. While this may seem simple, the processes involved are often complex...