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A Late Payment: Credit Score Impact

November 17, 2020 by Rilian Ball

This has been a difficult year for everyone. There are a lot of people who are worried that they might not be able to keep up with their mortgage payments. Small businesses have had to close their doors and numerous individuals have been laid off from work. It is important for homeowners to understand that banks do not want people to foreclose on their homes either. Therefore, they are often willing to work out an alternate payment plan with homeowners who are struggling due to dire financial … [Read more...]

Filed Under: Mortgage Tagged With: Credit Score, FICO Score, Late Mortgage

What’s Ahead For Mortgage Rates This Week – November 16, 2020

November 16, 2020 by Rilian Ball

Last week’s economic reporting included readings on inflation and consumer sentiment along with weekly readings on mortgage rates and jobless claims. Federal Reserve Chair Jerome Powell and Federal Reserve Board members addressed economic expectations resulting from the COVID-19. Chair Powell said that there would be no quick fix for the economy and that the economy would suffer for four to six months until the pandemic slows. He also said that a COVID-19 vaccine would not be a panacea for … [Read more...]

Filed Under: Financial Reports Tagged With: COVID19, Financial Report, Jobless Claims

Three Hot Renovations That Will Boost Your Home’s Value Without Breaking the Bank

November 13, 2020 by Rilian Ball

Are you feeling the "renovation itch" or perhaps looking for a fun project that you can take on which will provide you with a return on your investment? There are numerous home upgrades and renovations that can add value to a home without costing a large sum of money to complete. Let's take a look at three popular home renovations that can increase your home equity without draining your bank account. Paint Your Home Inside and Out Painting the interior or exterior of your home costs very … [Read more...]

Filed Under: Around The Home, Home Buyer Tips Tagged With: Around the Home, Home Equity, Upgrades and Renovations

How Are Different Mortgage Lenders Handling Student Loans During the Pandemic?

November 12, 2020 by Rilian Ball

The coronavirus pandemic has had a massive impact on everyone. This pandemic has led to massive economic issues as well. Given the ongoing crisis as it relates to student loan debt, many students are wondering how the pandemic is going to impact their student loans and how their student loans are going to impact a potential mortgage payment. There are a few points to keep in mind. Freddie Mac In general, loans backed by Freddie Mac are going to use the student loan payment that is marked on the … [Read more...]

Filed Under: Mortgage Tagged With: FHA, Mortgage, Student Loans

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Rilian Ball


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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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