Mortgage Lenders
A Quick Guide to Reverse Mortgage: What You Need to Know
Are you running out of your retirement savings or looking for supplementary income late in life? This reverse mortgage guide explains how taking out a loan against your home equity may provide the cash you urgently need. Keep reading to learn more. What is a Reverse Mortgage? A reverse mortgage is typically a type of loan available to homeowners who
How to Avoid Commercial Mortgage Fraud
The rate of mortgage fraud has declined over the last decade, as per the United States Sentencing Commission. In fact, the most recent report, dated August 2022, indicates that the number of mortgage fraud offenders has gone down by 69.9% since the 2017 fiscal year. While this is a positive report, the commercial mortgage fraud scheme is still active, so
How Mortgage Rates Are Calculated at Fidelity Mortgage Lenders
When estimating your mortgage rate to calculate the possible cost of a real estate loan, there are multiple factors to keep in mind. The market itself, including the state of the economy, and personal factors like your credit score play a significant role. Read on to learn more about how we determine mortgage rates at Fidelity Mortgage Lenders. Factors That
Our New Chairman and President- Fidelity Mortgage Lender, Inc.
At Fidelity Mortgage Lenders, Inc., we are pleased to announce that Charles Hershson will continue his legacy as our Chairman alongside Peter Steigleder as President. Hershson, acknowledged as “Uncle Chuck by his team members,” founded the company in 1971, after years of working as a licensed real estate broker. Chuck also served as the President of California Mortgage Association (CMA),
5 Questions You Should Ask Your Potential Mortgage Lender
A home loan is a significant long-term financial investment. To avoid making irreversible but costly mistakes, it’s always best to know what you’re getting into before signing any paperwork. If you’re considering applying for a mortgage in Los Angeles, do your research first and ask your prospective lender the following questions. What is the best mortgage for me? Your home
How to Choose an Experienced Mortgage Lender
Are you considering a mortgage loan and struggling to find an experienced mortgage lender near you? Choosing the right mortgage lender is a critical part of a financial decision. You can save a significant amount and avoid financial distress by selecting the right lender for your needs. Here are a few expert tips to help you find the best mortgage
