Current California Mortgage Rates
Quick Mortgage Definitions / Terms / Facts
How much does mortgage insurance cost?Your PMI will be based on your down payment and the loan amount. The larger your down payment, the less PMI will cost. This is paid monthly with your mortgage payment.
What are Points?
Points are a method of buying down the interest rate. One point is equal to 1% of the loan amount. For example, 2 points on $100,000 equal $2,000.
First Steps to Getting a Mortgage?
Get a Free Credit Report!The first step to getting a mortgage is to know your credit score. Understanding your credit report is a critical part to getting your mortgage. Raise your score while you shop for your home to get the lowest rate at closing, with a few easy steps you can easily raise your score in within a few months.
