Golden State Mortgage Blog

Ten Credit Myths it’s Time to Forget

With more than one reporting agency and differing numbers, credit scores can be confusing—not to mention there’s a lot of misinformation out there. While it is important to have good credit, don’t believe everything you hear—because even a small misstep could send your credit in the wrong direction. Myth 1: I believe I have good

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How Old Are Homes in the USA?

Most readers of OldHouseWeb.com own what are considered old homes (built in 1945 or earlier). They were polled about the age of the homes they live in—and nearly half of responders said they owned homes built between 1900 and 1945. About a third own homes built between 1800 and 1899. A small five percent owned

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The Difference Between APR and Mortgage Interest Rate

Considering taking on a mortgage can be confusing and overwhelming. There’s an endless amount of information and advice and weeding through it can be a monumental task. When you get a mortgage, you are charged two different rates—the annual percentage rate and the interest rate. Understanding the difference between the two rates is important and

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How Home Loans Work in California

If you’ve thought about buying a house in the Golden State, you’re not alone. It’s a great place to live! You might wonder how to get a mortgage in California, so we’ve put together a list of what you should know about California home loans. Conventional Mortgage This is the most commonly used type and

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Signs You’re Not Ready to Buy a House

There are certainly pros and cons of becoming a homeowner — and stumbling across just one dreamy listing of a home for sale with the perfect open-concept kitchen and fenced-in backyard can leave you thinking about little else. But then you realize you’d rather save your money for a dream vacation and said house doesn’t

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