Getting a Mortgage Just Got Easier

There’s some big news for home buyers! Two huge changes in the mortgage world have made it easier for borrowers to qualify for a mortgage. We at Pacific Union Financial want to make sure you have this information so you can make the best-informed decisions about your financial future. Credit Reporting The first change has…

PacificPlus: Down Payment Protection for the Real World

Buying a home is a big investment. In fact, for most Americans, a buying home is the biggest financial investment they’ll ever make. Doesn’t it make sense that you’d want to protect that investment? We thought so, too. That’s why Pacific Union Financial offers PacificPlus, an innovative down payment protection benefit designed to help you…

Servicing Frequently Asked Questions

General Information Q: How can I confirm that my payment has been received? A: You may sign up for the “Notify Me” option when you log in to manage your account under the ‘My Loans’ tab. By selecting this option, an email confirmation will be sent to you every time a payment posts to your…

5 Tips for Millennials Investing in Real Estate

Millennials, the largest living generation in the United States, are poised to enter their prime homebuying years. While the housing market has presented its challenges, particularly with shortages in some markets and increasing prices, many Millennials are still quite eager to buy. The same challenges that can make buying a home challenging could also be…

Fannie Mae Programs to Help Mortgage Borrowers Dealing with Student Debt

Fannie Mae recently released three new programs that were designed to assist prospective mortgage borrowers and current homeowners that are struggling to access financing due to student debt. The cost of going to college has consistently risen over the last century. In 1944, a year of college was worth about $500. Today, a year’s worth…

Sorting Out the Difference Between Fannie & Freddie

Fannie Mae and Freddie Mac are two terms that get thrown out a lot in the mortgage industry. Because they are so common place, it’s rare that anyone takes the time to define them and what role they play. Fannie and Freddie are vital to the mortgage market. While they are similar in some ways,…

How to Buy in Expensive Housing Markets

A lot of markets across the United States are very expensive. It’s been a seller’s market for some time now and homebuyers are having to compete for ever-increasing home prices. Here is a guide on how to buy in a housing market that might test your budget. The Worst House in the Best Neighborhood This…

Avoid the Top 5 Regrets of New Homeowners

After signing a mortgage, the last thing homebuyers want is a bout of buyer’s remorse. For first time homeowners, there is so much to learn and remember during the mortgage life cycle that it is easy to make some common mistakes. Be confident in your new home by avoiding the most common mistakes and regrets…

Top 5 Small Towns for Affordable Homes & Great Lifestyle

Realtor.com has recently released a list of the most affordable and best small towns to live in the United States. There are many people, including a lot of millennials, that choose small towns over large cities and less populated areas over the crowded coasts. Technology has made the world much smaller and people have a…

Rising Interest and Interested Homebuyers

On March 15, the U.S. Federal Reserve raised interest rates by a quarter of a point. While this signals their faith in the economy, it might make potential homebuyers feel a little nervous. Here are a few things to keep in mind. This Isn’t a Bad Sign In her press conference, Federal Reserve Chair Janet…