Rilian Ball

First Capital Group

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Why It’s Important to have a Mortgage Pre-approval Letter and How to Get One

February 15, 2024 by Rilian Ball

If you are thinking about buying a new home shortly, you may already be searching online to get a feel for the different types of homes available in the local area. You may have reviewed your budget, and you may have a fair idea about a sales price that is comfortable for you to afford. While you may feel as though you have taken the preliminary steps necessary to prepare yourself to buy a home, it is important that you also get a mortgage pre-approval letter for your financing before you start … [Read more...]

Filed Under: Mortgage Application Tagged With: Mortgage, Mortgage Approval, Mortgage Payments

A Comprehensive Guide to Explaining Escrow Accounts

February 14, 2024 by Rilian Ball

Whether you're a first-time homebuyer or a seasoned homeowner considering a refinance, the term "escrow account" often looms as a source of confusion. Yet, understanding the ins and outs of escrow accounts is crucial for managing your homeownership responsibilities effectively. In this article, we'll address some common questions and concerns regarding escrow accounts to shed light on their importance and functionality. What is an Escrow Account? Escrow accounts, sometimes referred to as … [Read more...]

Filed Under: Homebuyer Tips Tagged With: Escrow, Mortgage, Real Esate

Is Buying a Remodeled Home a Smart Move

February 13, 2024 by Rilian Ball

While watching shows like Property Brothers, Flip or Flop, Fixer to Fabulous, Fix My Flip and Fixer Upper may paint a rosy picture of buying a remodeled home, the reality often differs significantly. While these shows depict smooth transformations and stunning results, real-life experiences with remodeled homes can be far more complex and challenging. Many flipped houses come with hidden issues. Contractors sometimes prioritize speed over quality, resulting in careless workmanship. Despite the … [Read more...]

Filed Under: Homebuyer Tips Tagged With: Mortgage, Remodel, Renovation Loan

Navigating Mortgages as a Self-Employed Professional: A Guide to Non-QM Lending

February 8, 2024 by Rilian Ball

For self-employed professionals, the mortgage process can feel like passing through a maze, fraught with challenges and uncertainties. Traditional lending standards often favor individuals with stable, predictable incomes, leaving entrepreneurs and freelancers in a precarious position. However, there's a solution gaining traction in the mortgage industry: Non-Qualified Mortgages (Non-QM). We'll explore how self-employed individuals can successfully navigate the mortgage landscape, leveraging … [Read more...]

Filed Under: Mortgage Tips Tagged With: Mortgage, Non-QM, Self Employed

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Rilian Ball


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NMLS # 202687

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

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  • How Homeowners Can Prepare for Unexpected Major Expenses
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Rilian Ball
NMLS # 202687

Company NMLS: 35960
www.nmlsconsumeraccess.org

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