Top 3 Mistakes Homeowners Make when Refinancing

Top 3 Mistakes Homeowners Make when Refinancing

  Number 1: You choose the wrong company It’s as simple as that. According to the CFPB, 47% of mortgage applicants fail to shop around for their mortgage. Most often, homeowners will refinance with their existing lender, thinking that lender will offer the...
Warren Buffett’s Golden Advice on Refinancing your Mortgage

SELFi vs. Better Mortgage: Who’s better?

Here’s how SELFi compares to Better Mortgage: 1. Interest Rates Let’s cut right to the chase. First, how the business models differ: SELFi is a marketplace that shops wholesale interest rates across 30 lending partners, using an algorithm to match the...
Top 3 Mistakes Homeowners Make when Refinancing

How to buy a home in Oakland with 3% down

Often the biggest misconception of first-time home-buyers is the down payment. Some think it’s 20%, others think it’s 0%. Here’s the real deal: For mortgages $484,350 and below, there are two programs called HomeReady and HomePossible. There are some minor...
Top 3 Mistakes Homeowners Make when Refinancing

SELFi vs. LendingTree: Comparison

Everyone knows that comparison shopping saves them money, yet when it comes to mortgages, many people don’t. According to a report by the CFPB and Federal Housing Agency, 50% of consumers failed to shop around with mortgage companies before...
Do you know about wholesale interest rates?

Do you know about wholesale interest rates?

I always tell people, the biggest competition for SELFi is consumer misunderstanding. The more knowledgeable a customer, the more likely SELFi will earn his or her business. So we are in the education business just as much as the mortgage business. And here is one of...
5% Down Jumbo Loan Available in San Francisco in 2019

5% Down Jumbo Loan Available in San Francisco in 2019

Often the biggest barrier for first-time home-buyers in San Francisco is the down payment. Traditional banks usually require 20% down. In San Francisco, the median home value is a whopping $1.14 million, where a 20% down payment equates to $228,000.   5% Down, No...