buy a home: Will 2017 Mortgage Rates be a Replay Of 2016? - 11/08/16 05:47 AM

It's Election Day, I hope you went out and exercised your privilege to vote!
Typically, around an election as important as this people always bring it up to me in conversation, Sergio - what's gonna happen to home loans and rates?
Well, while I don't have a crystal ball, I do have a good handle on the industry and I'd like to share a portion of an article I read recently while doing my homework as I am obviously just as interested in that topic (if not, even more so) than those who approach me about it. Check this out:
Will 2017 Mortgage Rates … (0 comments)

buy a home: Helpful Tips For a Happy, Healthy, Home Buying Experience. - 06/28/16 01:45 PM

An important early step in the home-buying process is to make sure you can actually afford to buy.
If you’re in the market to buy a home, you may have already started shopping for properties online.
Perhaps you’ve driven by some houses “just to look” and even attended a few open houses. Well, hold on a second… You’ve already missed a crucial first step in the home-buying process.
You need to meet with me BEFORE you dive in to a home search. I know that sitting down to take a look at your finances isn’t the most thrilling part … (2 comments)

buy a home: Can I take out equity for a down payment on a new house? - 06/07/16 09:07 AM

Hey Sergio, can I take out equity for a down payment on a new house and rent out my current house? Great question!
This depends on a few things.
1. Are you willing to pay the extra mortgages if the renter don't pay?
2. Can you handle keeping up 2 separate places?
3. Are you ready to keep the rental if the market turns and the tenant doesn't buy you out?
4. Is it worth the risks involved? There are some other factors that go into a scenario like this, such as rates, fees, loan to value ratios, etc...

buy a home: In the Lending business, testimonials like these are GOLDEN. - 05/24/16 02:33 AM

Melissa and I get our fair share of testimonials for providing excellent attention and care during the entire home buying/closing process and the latest one is no exception. I never post these to boast (even though I'm extremely proud of the things that are said and how they affect me as a professional) but rather, how YOU might relate to them. These days, a job well done is not so easy to find, even when it comes to incredibly large purchases such as homes, but wouldn't you like to feel the way David does after his transaction closed? I think … (1 comments)

buy a home: What's the PERFECT Credit Score to shop for home loans anyhow? - 04/19/16 12:45 AM

I was asked a very simple question this weekend while dining at a local restaurant in Scottsdale and the topic of real estate and banking trends came up in conversation.
The question was, "Sergio, what's the best credit score to have when trying to secure the best loan program possible for a home purchase these days?"
The answer is a little complex given the wide scope of options available, new programs that boast incentives, VA programs, but typically, it's a credit score of 740.
If you have any questions about where you stand now, or how to clear a … (0 comments)