We were casually looking at homes in the early part of this year but had not really found anything and did not think we would be serious buyers until after the middle of the summer. We put a brief pause on our search in early March because we did not want to find the ideal […]Rico & Frances Lucero - June 12, 2019
Below are just 3 of our many home loan options offered here at We Fund LA. Whatever your home loan product and services needs, We Fund LA is here to help. Our variety of home loan products and our commitment to always putting our borrowers at the center of all we do are why Scotsman Guide named Finance of America Mortgage, We Fund LA's parent company, as a Top Mortgage Lender two years in a row.
Typically a fixed rate home loan that allows the borrower to eliminate mortgage insurance once they hold >20% equity in their property.
You’re buying a home that requires a mortgage above the conforming limits. You’ve got the income and cash reserves to support a large house loan.
Reserved for those who serve our country. VA home loans offer 100% financing, low interest rates & don't require mortgage insurance.
Did You Miss the Refi Boat? In case you were wondering if you missed the refinance boat, you have not, rates remain near record lows. Refinancing your existing mortgage can accomplish a number of money savings goals. You can reduce your monthly payment, you can shorten the term of your loan, or you can take […]
Interest Rates What impact did the election have on interest rates? Many have been wondering if there would be a significant shift in interest rates due to the election outcome. We now know the election had no significant impact on interest rates. The promising news of an effective vaccine however, could impact rates. News of […]
Housing Update Despite the fact that we are in the midst of a global pandemic, home prices continue to rise. There are 3 distinct catalysts driving this growth, fiscal policy, consumer preferences, and monetary policy. In regards to our fiscal policy, typically in a recession, people lose their jobs, incomes drop, and foreclosures and distressed […]
FHFA Refinancing Fee-Delayed Originally on August 12th, the FHFA (Federal Housing Finance Agency), announced they would be assessing a 0.5% fee on all refinances that were delivered to Fannie Mae and Freddie Mac after September 1st. This meant any conventional refinance that closed basically after August 20th was subject to the fee. A typical refinance […]