Best Mortgage Rates in California, Texas

Mortgage Rates | Current Mortgage Interest Rates 2017-18 California

Mortgage Rates in California: With Home prices now moving up sharply and with lowest title cost among rest of the states. The Going rate for California Mortgage Borrower would be 3.5%. Specific to Borrowers loan scenario the rates could be different.

Current Mortgage Rates | Mortgage Interest Rates Today

The average time to close a mortgage if the borrower is fast sending his documents would be 20 days. Typically borrowers are very prompt in our experience when it comes to sending documents needed for mortgage having initiated.

Rate are just one aspect. You can go for no cost loan where nothing is added to your mortgage amount.

We even see if we can waive Mortgage Appraisal in some cases. If a borrower does qualify for that. He saves another  $ 550 which is typically the fee for a single family home for appraisal now a days. 

Get qualified with least of documentation and paper work.

Find the Best Mortgage Rates Texas in 2017-18

Texas Best Mortgage Rates: The going best rates for Texas is 3.5%. Based on borrowers mortgage scenario the rates could change.

Mortgage Rates Today - Refinance Rates

Texas is a very unique state with its own mortgage rules. If you are a borrower who has taken cash out previously on the mortgage. The rule in Texas is, Once a cash out Always a cash out.

What that means is, if you as a mortgage borrower took out a mortgage in past and for whatever reason you borrowed cash on the mortgage. If today you are looking to refinance. Even if you are not borrowing any cash at this point in time. In the eyes of the bank it will be assumed that you are taking cash. 

What this does is that you take a bump on the rates when you refinance and each time you refinance. So if you have taken cash in past and if you are looking to refinance. If savings are good for you, then you should go for it. Or if you need cash, take some cash and pay off your cards because the hit on the rate would any ways be there even if you don’t go for cash.

Or the way out is that you sell the property and buy a new one. 

Basically this is a rule to prevent borrowers from getting into the habit of borrowing money from home when in need.

It has its pros and cons.  

For more information on The Benefits of Using an Independent Mortgage Adviser

Visit www.affordable-payment.com or Call 323-705-3191 if you are a California Mortgage Borrower or If Texas Mortgage Borrower Call 713-463-5181 EXT 154