San Francisco, CA (PressExposure) May 24, 2013 -- Lendco Funding is one of the nation's premier home financing companies and they are proud to announce that they now offer Reverse Mortgages San Diego and Los Angeles. A reverse mortgage allows you to take cash out of your home based on the equity that you have in it without actually selling your home.
After the financial crises which occurred a few years ago the housing market went into a tailspin and most home prices dropped significantly. The Federal Reserve Bank has been pumping money into the economy for the past few years, which has help home prices recover and they are now on the upswing.
Mortgage rates are presently at an all time low and there has never been a better time to buy a home than there is right now before home prices get too high once again. Lendco Funding provides home loans Orange County and Home Loans Dallas for anybody that lives in those markets.
If you are interested in loans Orange county you can visit Lendco Funding by using the following URL Lendcofunding.com. On their site you will be able to find out everything that you need to know about obtaining a mortgage from them.
In addition, you can also call one of their representatives or send them an email and they will be more than happy to answer all of your questions. If you want to know what the rates are for loans Los Angeles or for loans San Diego you can also find that information on their website.
When interest rates are low like they are now, it allows a person to buy a more expensive home than they normally would be able to afford. In addition, low mortgage rates make it easier for somebody to qualify for a home loans Phoenix or home loans San Diego.
Most home loans in San Diego eventually are converted into FHA loans San Diego so that they lender is well protected. If you are interested in buying a home the first thing that you should do even before looking for a piece of property, is to find out how much you will qualify for.
To accomplish that, you should contact Lendco Funding and fill out a mortgage application. More than likely they will also require additional documentation in the form of employee check stubs, bank statements, and tax returns. By getting pre-qualified you will not waste your time looking at homes that you will not be able to purchase.
After you are pre-qualified for a mortgage you want to make sure that you do not do anything that could cause the company to later turn you down when you do actually go to purchase a new home. Some of the things that could cause that would be to take on a large debt by buying a car, not paying your bills on time, or opening too many new credit card accounts.