Blog
Home loan tips, mortgage advice, and real estate insights from 1st Nationwide Mortgage.
20% Down Payment on an Irvine CA Home
A 20% down payment on a median Irvine home costs about $167,800. See what monthly payments look like — and why many buyers put down less.
If I Rent Out My Current Home Can I Get A Mortgage To Buy Another Home?
Homeowners who rent out their current home can obtain a new mortgage, with lenders evaluating how much rental income counts toward qualification.
What Is the Average Down Payment in Orange County, CA?
Down payments in Orange County don't have to be large for prospective home buyers. More options may be available for qualified borrowers.
Down Payment Gift Rules from a Friend or Relative
Learn all there is to know about gift down payments when buying in California, including Orange County, L.A., and San Diego.
Getting a Mortgage with Student Loan Debt
Home financing for people with college education debt is still accessible with recent rule changes in how lenders determine your payment.
Quick Overview Regarding Loan Points
One term that is frequently used by industry professionals when borrowers apply to buy a home or a refinance a mortgage is the term “points,” also known as “discount points".
Things to Know Before Buying a Vacation Home
What exactly do you want or expect from a vacation home? Do you want a busy place that is bustling with people and tourists or peace and quiet where neighbors are few and your privacy is a top priority?
Easier Qualifying for Borrowers with Student Loan Debt
Fannie Mae recently announced a few new changes that may help as many as 44 million poetntial borrowers who are strapped with student loan debt qualify for mortgage financing.
How First-time Buyers Can Save Money After Closing
When you transition from a renter to a first time homebuyer, you are now responsible for repairs and maintenance for the home. With that in mind, here are six tips to save money after closing on your first home.
9 Home Buyer Myths and Facts
For many potential homebuyers, some allow their decision to be changed by a myth. Fear of buying a home is understandable but you need to know the facts from the myths.
Down Payment Gift Rules for Borrowers
With strong housing demand and price appreciation in California, potential buyers sometimes need more down payment money to purchase the home they have been searching months for. A Gift can do just that for qualified borrowers.
If I Choose a Realtor, Do I Need to Use Their Lender?
Am I required to use the lender of the realtor who is representing me? This is a common question. See our answers for and against this dilemma.