Pacific One Lending and Real Estate
Updated Oct. 9, 2013
Welcome to Pacific One Lending & Real Estate.Since 2000 we have been helping Californians everywhere to get into stronger financial positions. Personal finance is an issue that affects everyone. Once you purchase or own a home, finding a company to trust with such important financial matters is a high priority....

Fixed Rate
Updated Oct. 9, 2013
A Fixed-Rate Mortgage enables you to lock in a low rate and payment that remains constant, no matter how much mortgage rates fluctuate. Fixed-rate loan programs can be set in terms of 30, 25, 20, 15 or 10 years.. If you plan to keep your home for a long time and you would like to minimize your monthly payment, a 30-year...

Fixed Rate Security
Updated Oct. 9, 2013
SecurityBorrowers are often drawn to fixed-rate mortgages because of their security. With a fixed-rate there is no gamble if mortgage rates go up or down - your rate is locked at the rate you agree upon with you lender. Since your monthly mortgage payments will not change, you have the ability to better budget your...

Listing Process
Updated Oct. 9, 2013
The Listing ProcessSelling a home requires preparation, patience and, in today's market, a reality check. Pacific One Lending breaks the process down into four stages and offers helpful home selling tips and advice for each one.Part 1: Evaluate Your SituationDo you really need to sell? If you love your...

Loan Modifications (HAMP)
Updated Oct. 9, 2013
Whether it's called a loan modification, mortgage modification, restructuring, or workout plan, it's when a borrower who is facing great financial hardship, having difficulty making their mortgage payments and is facing foreclosure, works with their lender to change the terms of their...

Adjustable Rate Mortgage
Updated Oct. 9, 2013
Adjustable-Rate Mortgages. An Adjustable-Rate Mortgage (ARM) is structured with a specified fixed-rate at the beginning of the loan period. Once the fixed period is completed, rates can fluctuate according to the market. Pacific One Lending offers a wide range of Adjustable-Rate Mortgages to fit your unique...

Benefits of an Adjustable rate
Updated Oct. 9, 2013
The Benefits of an Adjustable-Rate Mortgage:Reduced RatesAdjustable-Rate Mortgages commonly have the lowest possible mortgage rate. ARM rates, like that of a 5/1 ARM, can be nearly 1% lower than that of a 30-year fixed-rate mortgage. The 5/1 ARM rate would be fixed for five years, giving you the opportunity to...

How do loan mods benefit lenders and borrowers?
Updated Oct. 24, 2014
How do loan modifications benefit lenders and borrowers?A loan modification is usually a win-win situation: the lenders get their money in a reworked fashion and borrowers get a new chance to support their mortgage payments at a reduced cost. . But, under the HAMP plan, there are incentives for both lender and...

Why You Should Choose a Reverse Mortgage If You Qualify
Updated Oct. 9, 2013
If you're a homeowner, age 62 and older it may be time to look at a different type of financing option when it comes to your home. A reverse mortgage is a government insured reverse mortgage also called a "home equity conversion mortgage (HECM)".. A reverse mortgage offers a lot of advantages, take a look...

Home Affordable Refinance Program
Updated Oct. 9, 2013
The Home Affordable Refinance Program or the HARP is a federal loan program that was developed by the Federal Housing Finance Agency. The HARP refinance program was developed in March with the goal to assist underwater homeowners refinance their mortgage to a lower rate. The program is specifically for...

Interest Only Loans
Updated Oct. 9, 2013
Do you want to lower your mortgage payment as much as possible? An interest only loan from Pacific One Lending may be a good fit for you. Interest-only loans have an initial time frame of ten years in which only interest is paid, followed by a period of time in which the payment goes up in order to pay down the...

FHA Loans
Updated Oct. 9, 2013
FHA loans are insured by the Federal Housing Administration, a federal agency within the Department of Housing and Urban Development. The insurance on these loans allows lenders to qualify borrowers for a mortgage that have poor to fair credit, have little money for a down payment, have undergone bankruptcy...

Jumbo Loans
Updated Oct. 9, 2013
Jumbo loans range from $417,001 -- $10 million, giving buyers the option to either purchase or refinance a home priced above the conforming loan limit. The conforming loan limit is the maximum loan size eligible through Fannie Mae or Freddie Mac. With the help of a jumbo loan you can purchase the home of your dreams....

VA Loans
Updated Oct. 9, 2013
VA Loans for Home Purchase:Since 1944, when home loan guarantees were part of the original GI Bill, the Department of Veterans Affairs has guaranteed more than 18 million home loans worth over $911 billion. 180,000 veterans, active duty service members, and survivors of veterans received VA home loan valued...

Expired Listings
Updated Oct. 9, 2013
You put your home up for sale and it simply didn't sell. Undoubtedly, this has created a lot of stress, inconvenience and anxiety for you and your family. Perhaps you already bought another home. Maybe you needed this home sold because of a job change. Regardless of the reason, it's certainly a burden!...

Seller Mistakes
Updated Oct. 9, 2013
From incorrect financing to lack of preparation, there are countless mistakes that a seller can make when putting their house on the market. This report covers some of the most common mistakes made by sellers during the property selling process.If you're serious about selling your house, it's...

RIBBON CUTTING: Pacific One Lending & Real Estate
Updated Oct. 9, 2013
Date: February 28, 2013 Time: 4:00 PM - 5:00 PMThe Huntington Beach Chamber of Commerce is hosting a ribbon cutting ceremony for Pacific One Lending and Real Estate. They will be recognizing 10 years of service for the community. Please join us as we are welcomes as the newest members to the chamber and celebrate...

9 Buyer Traps to Avoid
Updated Oct. 9, 2013
9 Buyer Traps to AvoidNo matter which way you look at it buying a home is a major investment. For many homebuyers however, it can be an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either:. paying too much for the home...

Seller FAQ's
Updated Oct. 9, 2013
Q. Why shouldn't I price my house a little high, since I can always drop the price later?A. That's a strategy that sounds good - but, in fact, is more likely to result in a lower price. Here's why. The first few weeks a house is on the market is when it will have the most activity. If a house is overpriced, it...

Refinance Process
Updated Oct. 9, 2013
Refinance ProcessOur goal is to make your home refinance experience one of the simplest things you'll ever do. Step-by-step, our certified mortgage experts will walk you through our fast, efficient refinance process. While we take a unique approach to every client's financial situation,...