Los Angeles is a sprawling Southern California city and the center of the nation's film and television industry. Near its iconic Hollywood sign, studios such as Paramount Pictures, Universal and Warner Brothers offer behind-the-scenes tours. On Hollywood Boulevard, TCL Chinese Theatre displays celebrities’ hand- and footprints, the Walk of Fame honors thousands of luminaries and vendors sell maps to stars' homes.
With a current population of almost 4 million people, Los Angeles is one of the best places to live in California. Prized for its cultural diversity, people from all over the country and the world are moving to Los Angeles with the hopes to make their dreams come true. Year round nice weather. Sure there are a few cold days in winter but no snow. And some hot days in summer — sans humidity. According to the Numbeo Cost of Living Index by City, Los Angeles, early in 2022, ranked 59th among the most expensive cities in the world in which to live. Among the 95 U.S cities in their survey, Los Angeles ranked ranked 16th.
Los Angeles draws millions of tourists each year to its seven national parks, including Yellowstone, which features the iconic Old Faithful geyser and the largest hot spring in the U.S. People also travel to see Devils Tower, a rock formation sacred to the Plains Tribes that was declared the first national monument.
The Los Angeles Metro Area posted a decline of -8.7% year-over-year in sales of existing single-family homes but they were up 39.4% month-over-month. The median home price in the Los Angeles metropolitan region was $770,000, 13.2% higher compared to March 2021, when it was $680,000. Based on the most recent reports from Los Angeles Realtors, the answer is a resounding "Yes!" with tight inventory keeping housing prices high in the state high. It's true that Los Angeles has one of the hottest real estate markets in the country, and for good reason. We are serving most of the Los Angeles zipcodes including 90003, 90004, 90005, 90006, 90007, 90010, 90011, 90012, 90013, 90014, 90015, 90017, 90018, 90019, 90020, 90021, 90024, 90025, 90026, 90027, 90028, 90029, 90031, 90033, 90034, 90036, 90037, 90038, 90041, 90042, 90043, 90044, 90046, 90047, 90048, 90049, 90057, 90061, 90062, 90064, 90065, 90067, 90068, 90069, 90071, 90077, 90079, 90089, 90090, 90094, 90095, 90272, 90275, 90291, 90293, 90402, 90405, 90502, 91040, 91042, 91105, 91303, 91304, 91306, 91311, 91316, 91324, 91325, 91326, 91330, 91331, 91335, 91340, 91342, 91343, 91344, 91345, 91352, 91356, 91364, 91367, 91371, 91401, 91402, 91403, 91405, 91406, 91411, 91423, 91436, 91601, 91602, 91604, 91606, 91607, 91608.
Get approved to refinance. See expert-recommended refinance options and customize them to fit your budget.
All loans are not created equal, personal loan has become a great option for people to use.
There are certain requirements borrowers must meet to qualify for an FHA loan (may differ case to case and lender to lender basis), including:
• The home you consider must be appraised by an FHA-approved appraiser.
• You must occupy the property within 60 days of closing.
• You can only get a new FHA loan if the home you consider will be your primary residence, which means that it can't be an investment property or second home.
• An inspection must occur, and the inspection must report whether the property meets minimum property standards.
• The type of credit you have (whether you have credit cards, loans, etc.)
• Credit utilization, which is simply how much credit you use
• Whether you pay your bills on time
• The amount you owe on your credit cards
• How much new and recent credit you've taken on
• According to the Department of Housing and Urban Development, the maximum FHA lending amount for high-cost areas (such as large metropolitan areas) is up to $970,800 for 2022.
• The policies of lenders regarding Alaska and Hawaii do differ in terms of loan limits.
• In lower-cost areas, the FHA limit can dip as low as $420,680.
• Loan limits are set based on county property values.
• These are the limits for one-unit properties. If you have multiple units, limits may be higher.
If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.
Yes, you can pay off your FHA loan without a penalty for early pay off. HUD explains that a borrower may pre-pay an FHA mortgage in whole or in part and that the mortgage lender can't charge a penalty if you decide to do this.
A refinance occurs when the terms of an existing loan, such as interest rates, payment schedules, or other terms, are revised. Borrowers tend to refinance when interest rates fall. Refinancing involves the re-evaluation of a person or business's credit and repayment status.
We offer Refinance loan programs for those who want to leverage their existing real estate investment portfolio's equity to acquire additional assets in order to generate more recurring monthly cash flows without the hassle of providing income documentation that traditional mortgages may require. These loan options are for Professional Investors as well as First Time Investors that are looking to explore opportunities in real estate investment.
If you apply before you are ready, you risk loan approval. How? Borrowers should be prepared to come to the home loan process with no fewer than 12 consecutive months of on-time payments on all financial obligations.
We are conveniently located in Tampa, Los Angeles with offering our loan services nationwide