A reverse mortgage is a loan that enables homeowners that are generally 62 years of age or older to use part of their homes’ equity to obtain cash proceeds that can be used in many ways. The loan does not have to be repaid until the last surviving borrower or remaining eligible non-borrowing spouse passes…

Press Release – FOR IMMEDIATE RELEASE CARMEL-BY-THE-SEA August 2, 2017 — C2 Financial Corp. Steve Mitchell has been selected for the 2017 Best of Carmel-by-the-Sea Award in the Mortgage Broker category by the Carmel-by-the-Sea Award Program. Each year, the Carmel-by-the-Sea Award Program identifies companies that we believe have achieved exceptional marketing success in their local…

March 2017 saw a rebound in existing home sales. Buyers flooded into the market as the spring season began, only partly deterred by the shortage of inventory. For previously owned homes, the majority of American purchases, increases under a seasonally adjusted annual rate, up 4.4% from last year. Read the full article on the Wall…

Have you heard? It’s a seller’s market. Well, in most zip codes at least. But a hopping homebuying season doesn’t necessarily mean your home will go well over asking price just by putting up a For Sale sign. There’s still plenty a seller must do if they want to get the best price for their…

In order to qualify for a mortgage, you need to show your lender that you have a down payment and access to funds for closing. This money needs to come from documentable sources prior to moving it from your bank account to your escrow account. Unfortunately, a lot of people don’t do this, which can…