Crestico Insights & Updates
The Biggest Mortgage Shake-Up in 30 Years: What the VantageScore Option Means for California Home Buyers
For decades, getting a mortgage meant meeting the standards of one primary credit scoring system: FICO. It was the undisputed benchmark for the entire industry. But that’s all changing. In a landmark decision that will redefine the path to homeownership in 2025 and beyond, a powerful new option has just…
Your Path to Homeownership After Bankruptcy: A Crestico Guide
Facing bankruptcy can feel like a major setback, especially when your dream is to own a home. The uncertainty about your financial future and credit score can be overwhelming. But here’s the good news: bankruptcy is not a permanent roadblock to securing a mortgage. At Crestico, we believe in second…
7 Clever Ways Los Angeles Freelancers Can Get a Mortgage on Their Dream Home
Explore innovative home loan mortgage solutions for Los Angeles freelancer that empower you to buy your dream home. Unlock valuable tips and strategies tailored for self-employed individuals.
How to Secure a Mortgage in Los Angeles: Step-by-Step Guide
Thinking of buying property in Los Angeles? Navigating the mortgage process can be daunting—especially in one of the most competitive real estate markets in the country. Our step-by-step guide breaks down everything you need to know to get pre-approved, lock in a favorable interest rate, and choose the right home…
How to Qualify for a Mortgage Using Bank Statements: A How-To Guide for the Self-Employed Loan
Bank statement loans provide self-employed individuals an alternative to traditional income verification. Learn how to qualify effectively with our expert guide.
Understanding Current Mortgage Rates: Your Guide to Buying or Refinancing
Unlock the truth about mortgage rates! Discover 7 essential secrets to save money and make smarter home-buying decisions. Don't miss these expert tips.
7 Innovative Mortgage Solutions Every Fix and Flip Investor Needs
Discover 7 innovative mortgage solutions for fix and flip investors. Boost your profits with creative financing options tailored to your real estate goals.
Unlocking Homeownership: How Bank Statement Loans Empower the Self-Employed
For many self-employed professionals and business owners in Los Angeles, the path to homeownership feels blocked by traditional lending rules. Your tax returns, filled with legitimate business write-offs, rarely reflect your true purchasing power, leading to frustrating denials. But there is a powerful alternative designed for the modern entrepreneur. A…
Pay Off Your Mortgage 10 Years Sooner, Without Straining Your Monthly Budget
Pay off your mortgage 10 years sooner! Explore clever tactics like refinancing, bi-weekly payments, and recasting that won't strain your budget. Become mortgage-free faster.
Unlock Your Real Estate Empire: The Investor’s Guide to DSCR Loans
Supercharge your property portfolio with investor DSCR loans! Discover how cash flow-based financing, not personal income, can unlock your next real estate investment. Learn DSCR calculation, benefits, and requirements.
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Communication is Key
Communication is a word that we often hear but rarely think about. We know it is important and we know we are supposed to do it on a daily basis...
Is Buying A Home Still a Good Investment?
Lately, many of my colleagues and friends have been asking me whether I think buying real estate is still a good investment. While it may seem like...
Fannie Mae’s Support for Distressed Homeowners: Find Help Today!
Fannie Mae is beginning to implement some changes to its policies regarding distressed homeowners. The institution is now moving towards helping...
Home equity loans make a comeback
Some banks show an uptick, but often, the loans are harder to get. Seeking money for a pressing need or unexpected expense? A TV commercial airing...
How Do Adjustable Rate Mortgages (ARMs) Work?
In past decades, many people have been trained to think that a 30-year fixed-rate mortgage is the only way to go when it comes to getting a...
Understand the Aug. 1 Changes to HUD-1, Closing Process
HUD-1 Going Away: Understand New Closing Forms, Procedures The HUD-1 settlement statement and Good Faith Estimate forms are going away on August 1....
The Reverse Mortgage Process: An Interview with Houtan Hormozian of CRESTICO Funding
Tell us a little bit about your experience, company history and the services you offer. At CRESTICO, we pride ourselves on being the company that is...
Purchase or Refinance
Offering Purchase or Refinance by Los Angeles Mortgage Broker Direct Lender lowest rates and closing cost for First Time Home Buyers or...
FHFA Announces Conforming Loan Limits for 2021
The Federal Housing Finance Agency announced a new baseline conforming loan limit for Fannie Mae and Freddie Mac in 2021: $548,250. The...