Comments on: 4 Simple Things You Should Do Before Refinancing http://www.californiamortgagerate.com/californiacurrent/5-things-to-do-before-refinancing/ Up to Date Rate Info and More | California Current Fri, 10 Sep 2010 08:47:47 +0000 http://wordpress.org/?v=2.3.2 By: Dropping Mortgage Rates – Three More Tips to Help You Refinance | California Current http://www.californiamortgagerate.com/californiacurrent/5-things-to-do-before-refinancing/#comment-112 Dropping Mortgage Rates – Three More Tips to Help You Refinance | California Current Thu, 18 Sep 2008 06:19:02 +0000 http://www.californiamortgagerate.com/californiacurrent/5-things-to-do-before-refinancing/#comment-112 [...] you are interested in specifics, be sure to check out this page with even more refinancing tips. As of right now, lenders still prefer borrowers with strong credit and income, and more equity in [...] […] you are interested in specifics, be sure to check out this page with even more refinancing tips. As of right now, lenders still prefer borrowers with strong credit and income, and more equity in […]

]]> By: Heindrick http://www.californiamortgagerate.com/californiacurrent/5-things-to-do-before-refinancing/#comment-34 Heindrick Fri, 15 Aug 2008 23:02:45 +0000 http://www.californiamortgagerate.com/californiacurrent/5-things-to-do-before-refinancing/#comment-34 Alan, because of the higher median values in California - there are times when it is harder to qualify. Before conforming limits were raised for FHA, options were even more limited since most home loans were well beyond loan limits. As for specific documentation, it will depend on your particular situation and lender. For income documents, they generally ask for W2s, paystubs, or tax returns. For self employed and small business owners, tax returns and profit & loss statements will usually do. Alan, because of the higher median values in California - there are times when it is harder to qualify. Before conforming limits were raised for FHA, options were even more limited since most home loans were well beyond loan limits.

As for specific documentation, it will depend on your particular situation and lender. For income documents, they generally ask for W2s, paystubs, or tax returns. For self employed and small business owners, tax returns and profit & loss statements will usually do.

]]> By: Dawn http://www.californiamortgagerate.com/californiacurrent/5-things-to-do-before-refinancing/#comment-32 Dawn Fri, 15 Aug 2008 22:15:16 +0000 http://www.californiamortgagerate.com/californiacurrent/5-things-to-do-before-refinancing/#comment-32 That's a good question, Alan. Maybe it is harder to get a loan because there are less properties available and they are more expensive than the east coast. Anyone? That’s a good question, Alan. Maybe it is harder to get a loan because there are less properties available and they are more expensive than the east coast. Anyone?

]]> By: Alan http://www.californiamortgagerate.com/californiacurrent/5-things-to-do-before-refinancing/#comment-30 Alan Thu, 14 Aug 2008 18:57:55 +0000 http://www.californiamortgagerate.com/californiacurrent/5-things-to-do-before-refinancing/#comment-30 Are there any documents needed to purchase a home in specific to California? I've heard rumor that it is actually harder to get a home loan in CA as they make you provide more documentation of your income. Are there any documents needed to purchase a home in specific to California? I’ve heard rumor that it is actually harder to get a home loan in CA as they make you provide more documentation of your income.

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