How has the pandemic affected home loans? As of right now, rates are hovering near the all-time low, making it an ideal time for borrowers to pursue homeownership. Check out the latest Loan Fleet blog post to learn more about where home mortgage rates stand right now.
Category: Features
5 Things to Look for in an Orange County Mortgage Company
Looking for an experienced Orange County mortgage company? Find out why Loan Fleet is a solid choice for your home financing needs.
6 Questions to Ask Before You Refinance Your Loan
We’ve blogged before about the potential advantages of refinancing. Such as how it can help you get lower monthly payments, pay off your home loan more quickly, or about how it can help you consolidate debts and gain more financial freedom. All of that is true, but it’s important to...
6 Things NOT to Do While Applying for a Home Loan
When you apply for a home loan, your lender will go to great lengths to determine your credit-worthiness. That is, how likely you are to make all your monthly payments on time, and how big of a risk you are for defaulting. To help make this decision, your lender will...
12 Ways to get the Lowest Refinancing Rates
Refinancing your mortgage can be advantageous—but only if you’re able to secure rates that are lower than the ones you have currently. In fact, mortgage professionals recommend that you seek rates that are at least one percent lower than your current ones—or else, refinancing might not be so financially beneficial....
Refinance to the Low Rates You Deserve
There are many reasons to consider refinancing your mortgage loan. For example, you may have a 30-year mortgage term, and wish to condense it into a 15-year loan so that you can get your home paid for more quickly. Or, conversely, you may want to switch from a 15-year to...
Refinancing an FHA Loan to a Conventional Loan
There are many potential benefits to refinancing your mortgage loan. Refinancing allows you to take advantage of superior loan rates, for example, or to change the term of your loan. You can also change the type of loan you have—for instance, refinancing an FHA loan into a conventional one. Is...
What Does a Loan Officer Do?
Lenders exist to loan people funds. Money that can be used to close on a home, start a small business, make renovations to a property, etc. However, lenders don’t loan money to just anyone, and securing a loan requires you to prove that you are creditworthy. This process will invariably...
What to Expect During the Home Loan Process
Buying a new home is exciting, but it can also be a little intimidating, especially if you have never done it before. The loan process, in particular, can seem daunting. Certainly, there will be some paperwork to complete, some regulatory hoops to jump through, and several steps to the process...
When Should I Consider Refinancing?
The home loan process is something that most homeowners go through at least once. When it comes to refinancing your home mortgage loan, is it worth it to go through the process again? The answer is yes, with some caveats. Refinancing can certainly be beneficial, but it’s not always a...