Protect Your Equity with Pacific Union Financial

When we started offering PacificPlus, we did it to address a simple question: How can buyers protect their down payments? As it turns out, people were interested in covering the largest portion of their home investment. Which makes sense. Having a little less uncertainty and a little more safety is a great feeling! So, we…

Accessible Mortgage Equity at an All-Time High

According to the Mortgage Monitor report generated by Black Knight, the amount of accessible equity is at an all-time high. More and more Americans are discovering that their homes have more value available within them. One of the biggest drivers of this home equity trend are appreciating property values across the United States. Home values have…

Cash Out for Spring Break

Spring break! Two words to bring joy to the hearts and minds of students, if some trepidation to their parents. Let’s take a look at some of the best spring break options for solo students, family outings, and those who want something just a little different – and how to afford the trip of a…

Refinancing: What It Is and Why to Do It

You’ve likely seen a lot about mortgage refinancing. It’s often in the news and on the web because it’s a common financial move that can help homeowners in a variety of ways. But what is refinancing, exactly, and what are the reasons to consider it? What Is Refinancing? Refinancing is the process of replacing your…

6 Tips on When to Refinance Your Mortgage

A mortgage refinance means paying off the existing mortgage and replacing it with a new mortgage. There are quite a few reasons to refinance a home mortgage for the savvy homeowner. Here is your guide, six essential tips, on when to refinance your home loan to ensure you get the best deal possible. Tip #1:…

Servicing Frequently Asked Questions

General Information Q: What are my payment options? A: We have several payment options available: Free payment options: Set up automatic drafting online Pay online before the 5th of the month at no charge Send a check payable to Pacific Union Financial, LLC along with your monthly billing statement. Be sure to write your loan…

New Goals for Fannie & Freddie

A new rule is being considered for Fannie Mae and Freddie Mac which would create new housing goals for underserved markets. The Federal Housing Finance Agency (FHFA) proposed the rule with the goal of expanding accessibility to credit for certain types of homebuyers and certain types of markets. They hope to help more Americans acquire…

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…

4 Ways Rising Mortgage Rates Can Be Good

Mortgage rates rose last December and by most projections, they are going to rise again in 2017. While higher interest rates can be trouble for home buyers, there are actually a number of advantages. It’s not all doom and gloom. In fact, higher rates do not necessarily mean that home buyers will have to pay…