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Could you use a little CASH Today? Take advantage of today's low rates and refinance your existing mortgage!

How much money can you save with a debt consolidation loan? Find out by checking out our mortgage calculator section.

Need to know more information on what type of loan and mortgage programs check out our FAQ's.

Mortgage Qualification
Use this mortgage calculator to determine your debt-to-income ratio and the loan-to-value ratio.

Mortgage Refinance Calculator
This calculator will help you to decide whether or not you should refinance your current first or second mortgage loan at a lower interest rate.

Bi-Weekly Mortgage Calculator
This Calculator shows you how much you can save if you make 1/2 of your mortgage payment every two weeks instead of once a month.

Payment Breakdown
This calculator will help you to determine the principal and interest breakdown on any given payment number.

Missing Loan-term
If you know any 3 of a loan's 4 terms (principal, interest rate, payments remaining, and payment amount), this calculator will help you to find the missing term.

Loan Comparison
Use this calculator to sort through the monthly payments, fees and other costs associated with comparing loan options.

Credit Card Interest
This calculator will show you how much interest you will end up paying if you make only the minimum required payment on your credit card bill.

   
   
 

Home Equity Loan California Mortgage Refinancing

 

California Home Equity Loan Source offering real estate financing for California home buyers and home owners. We specialize in Home Equity Loans, Consolidation Loans, New Purchase Home Loans, and California Mortgage Refinancing Loans.

    

Home equity loans allow homeowners to tap into the equity that they have in their properties. A home equity loan will let homeowners get cash out for a variety of reasons such as home improvements, children's educations, vacations and anything that you might need extra cash for and all at a low rate of interest.

Lenders Foreclosed on Record Number of Properties in Q3

RealtyTrac reported this morning that foreclosure filings in the third quarter of 2010 rose 4 percent from the previous quarter but were down 1 percent from the same period in 2009.  930,437 homes, one in every 139 U.S. housing units received a foreclosure filing during the quarter. 

In September, the last month of the quarter, some form of foreclosure document was filed on 347,420 housing units, up 3 percent from August and 1 percent from September 2009.  RealtyTrac, located in Irvine California, compiles a U.S. Foreclosure Market Report each month from tracking documents filed in all three stages of foreclosure:

  1. Notice of Default (NOD) and Lis Pendens (LIS). This is the first legal notification from a lender that the borrower on a mortgage loan has defaulted under the terms of their mortgage and the lender intends to foreclose unless the loan is brought current.
  2. Auction - Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); If the borrower does not catch up on their payments the lender will file a notice of sale (the lender intends to sell the property). This notice is published in local paper and contains information pertaining to the date, time and subject property address.
  3. Real Estate Owned or REO properties : "REO" stands for "real estate owned" and typically refers to the inventory of real estate that banks and mortgage companies have foreclosed on and subsequently purchased through the foreclosure auction if there was no offer higher than the minimum bid.

Source: http://www.mortgagenewsdaily.com/

 

California Home Equity Loans
The equity you have in your home is one of the best sources of funds available to most consumers. Not just the low interest rate of the money available but also the flexible ways in which you can repay this note. This equity can be in the form of a Home Equity Line of Credit (HELOC) or a Stand Alone 2nd Mortgage. Use this equity in your home to get cash out for things such as vacations, your children's education, cars or anything else you might want. We have many creative ways to tap into your equity, take advantage of today's low rates and let your equity go to work for you.

 

California Debt Consolidation Loans
Debt is a growing problem among consumers today. Americans are now carrying $683 billion in revolving credit card debt. That's not the amount we charge every month; it's the outstanding unpaid balances on which people pay interest. And, according to a report by Cambridge Consumer Credit Index, 47% of the people who paid less than the full amount on their credit card bills in a recent month, made only the minimum payment due. In fact, only 13% of Americans with an outstanding balance could afford to pay more than half the balance. Home Equity Loan Source can help consolidate your high interest debt. Your overall monthly payments can be reduced and may even be Tax deductible.*

California New Purchase Home Loans
With Home Equity Loan Source you have the ability to choose from numerous loan programs. We have over 90 different money sources, we will find a program that's right for you. These programs include special financing for First Time Home Buyers, 100% financing for those borrowers with limited funds for a down payment as well as many others. We also provide financing for those home buyers with bad credit. Make your dream of home ownership come true with a new home purchase loan regardless of your current financial situation with Home Equity Loan Source.

California Mortgage Refinancing Loans
Home Equity Loan Source provides refinancing solutions for borrowers with all types of credit and refinancing needs. Apply now and take advantage of some of the lowest interest rates in 30 years before they disappear. By getting a lower interest rate when you refinance your current home mortgage, you will save yourself thousands to tens of thousands of dollars in interest over the life of your loan. There are also programs designed for investors, which have very low start rates and four pay options each month. Contact us and let us help you decide which refinance option best fits your needs.

California Second Mortgage Loans
If you would like to lower your monthly payments or get that extra money needed without touching your original mortgage, Home Equity Loan Source can help. We will put you in touch with experienced loan officers that will find loan options that meet your needs at a payment you can afford. Our goal is to help you save money by getting pre-qualified lenders to compete for your second mortgage business.


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