Tracey Peffer Mortgage Broker

Let me know if you are interested..

Join us Thursday May 13th @ 7am for 2 incredible presentations from Kim Girard & Shawn Russell.

Join us this Thursday as we learn will learn so much from our Massage Specialist Laura Erdman and Holistic Healer Leslie Porter. Massage Specialist Laura Erdman... will share with us how massage can help heal the pain in the body caused by stress Holistic Healer Leslie Porter and her discussion on 5 Hidden Ways Stress Shows Up In Your Body and Life and when we ignore this things more problematic things could happen. You can learn more through MeetUp: https://www.meetup.com/South-Bay-Business-Refer//274512255

Curious how mediation works? why you might want to choose it, and why it might work (or Not work) Wendy Jones is a Certified Family Law Specialist with a specia...l focus in dispute resolution for couples and families. She works as a collaborative attorney, mediator or an advisor to those in mediation. She also prepares Pre-Nuptial and PostNuptial Agreements. Join 30+ professionals on Thursday morning for Wendy's informative presentation and networking. https://www.meetup.com/Pipeline-Professionals-of-Redondo//

Join us this Thursday

Want to know how to better protect yourself, your business and your employees? This Thursday we'll hear from our Payroll Specialist, Pedro Magana with all thing...s pandemic, PPP second draws and more. Our Business Attorney Erica Stambler on a free contract can be a costly headache! The sayingAn ounce of prevention is worth a pound of cureholds true for solopreneurs. Spending money on well drafted contracts protects your business from potential litigation, which may cost hundreds of thousands of dollars. If you're a business owner and want to understand how to protect what you've worked so hard to build, you won't want to miss these presentations! Join us - https://www.meetup.com/Pipeline-Professionals-of-Redondo//

Give me a call today to get your free credit report analysis (310) 540-1330, Ext. 133.

Did you know there are 5 factors in determining a consumer’s credit score? 1. Payment History (35%) Whether you pay your bills on time is very important. ... Late payments reported within the last six months are going to have a larger impact than those reported over two years ago. The higher the late payment the more of an impact it will have. A mortgage late typically affects your score the most. 2. Balance owed in relation to your credit limit (30%) Try not to have a balance that exceeds 20% of your limit. You can ask your creditor to increase your limit to improve the debt to limit ratio. However, ask them to base the request on existing payment history vs. pulling your credit report which creates an inquiry. Mortgage and installment debt are a factor, but they are minimal compared to revolving debt. 3. Length of credit history (15%) Generally, the longer you’ve had an established credit history, the better. Having the same credit card for a long time (i.e. 20 years) will benefit your score. If you don’t use a credit card for 6 months, it goes inactive. So even if you only charge gas on it and then pay it off, that will keep it active. 4. What type of credit you use (10%) The ideal mix: 3-5 revolving credit cards (However, don’t necessarily close cards to get down to 3-5. Even if you have a zero balance it helps your score because of the balance vs. limit ratio and length of credit history.) 1 auto loan 1 mortgage 5. Inquiries (10%) All auto & mortgage inquiries made within 45 days of each other count as 1 inquiry Inquiries stay on for 1 year and each inquiry is approximately a 5 point hit

Do you need to fill out a mortgage application? Make sure you have the required documents in order. Use my Mortgage Application Checklist to help you stay organized.

Thanks for your Yelp review Patricia! It was a pleasure working with you. http://www.yelp.com//american-california-financial-torranc

Did you know there are 5 factors in determining a consumer’s credit score? 1. Payment History (35%) Whether you pay your bills on time is very important. ... Late payments reported within the last six months are going to have a larger impact than those reported over two years ago. The higher the late payment the more of an impact it will have. A mortgage late typically affects your score the most. 2. Balance owed in relation to your credit limit (30%) Try not to have a balance that exceeds 20% of your limit. You can ask your creditor to increase your limit to improve the debt to limit ratio. However, ask them to base the request on existing payment history vs. pulling your credit report which creates an inquiry. Mortgage and installment debt are a factor, but they are minimal compared to revolving debt. 3. Length of credit history (15%) Generally, the longer you’ve had an established credit history, the better. Having the same credit card for a long time (i.e. 20 years) will benefit your score. If you don’t use a credit card for 6 months, it goes inactive. So even if you only charge gas on it and then pay it off, that will keep it active. 4. What type of credit you use (10%) The ideal mix: 3-5 revolving credit cards (However, don’t necessarily close cards to get down to 3-5. Even if you have a zero balance it helps your score because of the balance vs. limit ratio and length of credit history.) 1 auto loan 1 mortgage 5. Inquiries (10%) All auto & mortgage inquiries made within 45 days of each other count as 1 inquiry Inquiries stay on for 1 year and each inquiry is approximately a 5 point hit

Do you need to fill out a mortgage application? Make sure you have the required documents in order. Use my Mortgage Application Checklist to help you stay organized.

Thanks for your Yelp review Patricia! It was a pleasure working with you. http://www.yelp.com//american-california-financial-torranc

REVERSE MORTGAGES If you or someone you know is 62 or over, should a reverse mortgage be your next loan? Call for fast, simple answers!... Tracey Peffer Mortgage Broker American/California Financial Services, Inc. [email protected] 310.540.1330.133 Office 310.493.1208 Cell NMLS# 297493 CaBRE# 01751368

Follow me on Twitter: https://twitter.com/TPMortgage .