Preferred Rate, Orange County

Happy Cinco de Mayo! Though this day originally commemorated a battle won in the 19th century, it's come to mean so much more and is now a time to celebrate Hispanic heritage in the United States. Whether you eat some authentic food , enjoy some mariachi music , or watch the baile folklórico on YouTube , we hope you take a moment to celebrate the true meaning of this day! #PreferredRate #cincodemayo #happycincodemayo #felizcincodemayo

When you are ready to navigate the mortgage process to purchase, finance, or build your home - We will be with you every step of the way. Reach out today for a free consultation, [email protected] or 949-275-2729

Millions to Enter Housing Market Millions of Americans will look to move in 2021 as the pandemic lifts and the economy grows, according to a recent survey from Zillow. Thanks to remote work, many will move from the biggest cities to "secondary" cities, largely in the Sun Belt.... About 60% of those who have already made a move report positive outcomes, including larger but less expensive homes and new experiences. #PreferredRate #Housing #MarketUpdate #RemoteWork

Not all lenders treat non-W-2 income earners the same. It's an unfortunate fact, but the reality is that each lender has its OWN set of guidelines when it comes to self-employment and 1099 income. So while you may think working with your local bank or current loan servicers is the way to go, this may result in you getting a higher interest rate, paying more in fees, providing more documentation, and or it taking significantly longer for your loan to close. When you're a non...-W-2 earner, it's important to work with a mortgage lender and a mortgage professional. They have the tools and resources to look at your unique scenario and leverage a broad selection of investors with more flexible lending guidelines to get your loan APPROVED. This is important, as most banks have only their specific programs with no ability to look outside of their own very rigid guidelines. If you're ready to get started, visit www.PreferredRate.com to locate a Preferred Rate Mortgage Advisor in your area. #PreferredRate #mortgage #loan #lender #income #gettingamortgage #homeownership

This month, we've been talking all about how to get a loan when you're self-employed, and there are definitely some DO's and DON'TS you should keep in mind when you're buying or refinancing with non-traditional income. For the complete 4-1-1 as a self-employed borrower, reach out to us today! #selfemployed #selfemployment #income #jobs #gigeconomy