Rilian Ball

First Capital Group

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What’s Ahead For Mortgage Rates This Week – February 10th, 2025

February 10, 2025 by Rilian Ball

Last week's reports were plentiful, but few had a greater impact on the lending and broader markets. The most significant among them were the Nonfarm Payrolls, Consumer Credit, and Consumer Sentiment reports.  Currently, considerable movement within the government administration is contributing to widespread uncertainty and instability across various markets. Additionally, the recent outbreak of Avian Flu has driven poultry prices sharply higher, further adding to consumer unease. This … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

How Can I Get Removed from a Mortgage as a Co-Signer?

February 7, 2025 by Rilian Ball

Being a co-signer on a mortgage can be a significant financial commitment, one that you might not want to maintain indefinitely. Whether your circumstances have changed, or the primary borrower is now in a position to manage the loan independently, it’s understandable to want to remove your name from the mortgage. While the process can be complex, there are several pathways to achieve this goal. Here's what you need to know.Understanding the Role of a Co-SignerWhen you co-sign a mortgage, … [Read more...]

Filed Under: Home Financing Tips Tagged With: Loan Assumption, Mortgage Tips, Refinancing

Ensure a Stress-Free Home Purchase with These Gift Fund Tips

February 6, 2025 by Rilian Ball

Imagine you are about to purchase your dream home, and a generous financial gift from family or friends is making it possible. It’s a moment to celebrate!  But did you know that mishandling gift funds can lead to delays, added stress, or even jeopardize your loan approval? Don’t worry, we are here to guide you through the process! Let’s explore the top mistakes homebuyers make when receiving gift money and how to avoid them. 1. Skipping the Lender Consultation Before … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Gift Funds, Home Buying Tips, Mortgage Advice

What’s the Difference Between a Second Mortgage and a Home Equity Loan?

February 5, 2025 by Rilian Ball

If you’ve been diligently paying down your mortgage, you’ve likely built up a valuable asset: home equity. This financial resource can be a game-changer, offering opportunities to fund major expenses, consolidate debt, or tackle unexpected financial challenges. But with multiple borrowing options tied to your home equity, it’s essential to know which route aligns best with your goals. Two popular options are second mortgages and home equity loans and often leave homeowners … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: HELOC, Home Equity Loan, Second Mortgage

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Rilian Ball


Branch Manager

NMLS # 202687

Call: (559) 697-5322
info@firstcg.com

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Rilian Ball
NMLS # 202687

Company NMLS: 35960
www.nmlsconsumeraccess.org

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