Broadview Mortgage's blog
Broadview Mortgage guarantees a 15-business day closing with our Approved Advantage program.
Approved Advantage is a fully underwritten approval by the underwriting department that is provided before you find your dream home!
The teen years are often the first time your kids will start to earn or manage their own money, either through a part time job or an allowance. It’s important to establish good financial habits now as it can pay huge dividends in the future. Teaching your children to be smart about money will not only benefit them in the long run but you as well. While it’s important to talk to your children about their finances, it may often be difficult to find a place to start.
When discussing a mortgage, what exactly are points and why are they important? Simply put, points are a percentage of your loan amount. For example, 1 point on a $100,000 loan is $1,000 (1%). Points are important because they can be used buy down your rate as well as a few other uses. Don’t worry we’ll go into more detail in a minute.
Do you happen to have a unique financial situation? Are you self-employed? Our Galton program might be able to help you qualify to finance your dream home!
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For this week’s blog we wanted to highlight some of the assistance programs we feature here at Broadview. Below is a chart broken down by assistance program, the type of assistance offered, and what it takes to qualify.
We hope you are all having a wonderful holiday season! For this week’s blog we wanted follow-up on our previous article regarding maximum loan limits. We are excited to announce we officially have the 2018 loan limits for FHA and VA. Please refer to the images below for a break-down of loan limits by county, loan type, and type of residence. We’ve chosen to highlight the counties closest in proximity to our branch locations, but rest assured we lend to all counties in CA.