The Gold Standard of Home Loans

Golden Coast Loans

3 days ago

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Golden Coast Loans

1 week ago

🏠💡 LIGHT FLICKERING AT THE END OF THIS TURBULENT HOUSING TUNNEL 💡🏠


The housing market has been posing challenges for buyers as a result of the limited homes for sale and continuing appreciation of values, not to mention the impact that the rising mortgage rates and inflation have had on these buyers. This imperfect storm has fueled this and affected all of us, prompting many homeowners decision not to sell.

Recent data shows inflation is improving, the Fed will likely revise their rate hike policy, and mortgage rates are declining.

While home prices in few areas have seen a small amount of easing, housing supply will likely remain considerably below demand for the foreseeable future and experts do not see any indication of falling home values through the 2020s.

Real estate continues to be not only a place to call home and create memories but also an intelligent way to build wealth, fund your lifestyle, and also offers the opportunity for monthly passive income.

While industry experts are anticipating a decrease in mortgage rates and even a possible recession over the next 18 months, many are also touting the expectation of increasing home values (remember, housing typically fares well during times of recessions).

Unlike other types of investments, a mortgage allows you the ability to refinance when rates drop while you continue to reap the benefits of growing equity.

Take advantage of this opportunity. The best time to invest in real estate was yesterday - the second best time is today. Give us a call and let’s create a plan of action at (949) 705-7702!

NMLS #1994723

#GoldenCoastLoans #WealthThroughRealEstate #REopportunities #LenderForLIfe ... See MoreSee Less

Golden Coast Loans

2 weeks ago

🏘️💰CREATIVE WAYS TO CREATE PASSIVE REAL ESTATE INCOME & LEVERAGE THIS MARKET💰🏘️

As affordability and limited inventory of homes for sale make it more difficult to become a homeowner right now, there are still creative ways to participate in the wealth building opportunities that real estate offers.

While some are taking on a side gig to increase income and/or only spending on essentials, others are willing to take on the current higher rates or an adjustable rate with the anticipation of refinancing when rates decrease and taking advantage of the equity building.

There are also other options for investing in real estate without actually buying a physical property while still building wealth through real estate. Consider buying shares in rental homes or vacation rentals which provide steady passive income with a lower initial investment amount and the benefit of a fixed return through passive monthly income.

Are you aware that you can use certain retirement accounts to fund this type of investment? Let’s chat about your goals and opportunities, call or text us at (949) 705-7702!

#GoldenCoastLoans #PassiveIncome #WealthThroughRealEstate #LenderForLife

NMLS #1994723 ... See MoreSee Less

Golden Coast Loans

3 weeks ago

💸🏠 MAJORITY OF POTENTIAL HOMEBUYERS WOULD WELCOME RECESSION 🏠💸

Recent statistics indicate that a majority (upwards of 2/3) potential homebuyers would welcome a recession if it meant lower mortgage rates. With mortgage rates rising into the 8% range on average, potential home buyers may believe that the current market is unsustainable and also believe that waiting and hoping for a recession would increase their opportunity for homeownership. None of us will deny that it has become increasingly more difficult to purchase a home in this environment and especially for first time homebuyers.

Here are some aspects that they may not be considering but should be:

• We have watched the Fed raising interest rates to combat inflation
• In a recession we typically see policies that encourages more spending and falling interest rates which makes monthly mortgage payments cheaper while the job market experiences layoffs and payouts
• The availability of homes for sale which has been low for some time - with lower supply we should expect home prices to stay high and continue to appreciate
• Historical data shows us that home values typically continue to appreciate during recessions - the only outlier over the last 45 years was between 2008 and 2010 when equity positions were remarkably lower for the average homeowner

The bottom line remains that yesterday was the best time to invest in real estate - today is the 2nd best time. Unlike other markets, if mortgage rates decrease you are likely afforded the opportunity to refinance and take advantage of the lower rates while you continue to build your wealth through real estate. Call us today to discuss your personal situation and goals (949) 705-7702!

#GoldenCoastLoans #HousingMarket #RecessionAffects #LenderForLife #WealthThroughRealEstate

NMLS #1994723 ... See MoreSee Less

Golden Coast Loans

3 weeks ago

💲🏠 SHAVE YEARS, CREATE WEALTH 🏠💲

THE UNTAPPED POTENTIAL OF REFINANCING:

Refinances still make up almost one third of all mortgage transactions, even though rates have risen. You may be wondering how this can be? Many consumers have amassed a large amount of debt, paying much higher rates of interest, thanks to the Fed hiking rates so aggressively. A majority of those individuals are only making the minimum payments with no path to paying off their debt. At the same time, most homeowners have record levels of equity in their homes.

Many homeowners are benefiting from a type of refinance where we pull that equity out of the home to pay off those debts, saving money on the overall monthly payments. Additionally, there are ways to gain equity at an accelerated pace and significantly shorten the length of your mortgage by applying those savings as an additional payment each month.

Call us today to review your current debt situation and determine how we can help (949) 705-7702!

#GoldenCoastLoans #LenderForLife #LeveragingEquity

NMLS #1994723 ... See MoreSee Less