September 24th, 2013

Bay Equity Expands in Southern California

Posted by at 10:22 am

Bay Equity Expands in Southern California with Addition of CalPacific and The Touchstone Group Bay Equity President and CEO Brett McGovern said, “We are honored to align with Craig Bramlett, Rick Jones and the men and women of CalPacific, CalPacific – The Rafii Group and The Touchstone Group. They are highly experienced loan professionals who have provided the people of San Diego County with exceptional service for more than 20 years.” Bay Equity Chief Operating Officer Casey McGovern added, “They are a perfect fit for our family owned and operated company and share our commitment to customer service. We’re excited about the future and pleased they chose to become a part of us.” CalPacific co-founder Craig Bramlett noted, “We have found the right company in Bay Equity. It shares our ethics and values. Plus, it’s a California company with regional...
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September 20th, 2013

Are You Ready? 10 Steps to Home Ownership

Posted by at 8:11 am

You’ve done the research, you’ve browsed homes, and now you finally made the decision to purchase a home. The home-buying experience can be challenging for home-buyers because of the detailed process and the involvement of so many outside parties.  Do you know if you’re truly ready to purchase a home? shares 10 Steps to Home Ownership. Decide what you want, and if you are ready. Whether you are a first-time home buyer or entering the marketplace as a repeat buyer, you need to ask why you want to buy. Get a Realtor. Buying and selling real estate is a complex matter. In this maze of forms, financing, inspections, marketing, pricing and negotiating, it makes sense to work with professionals who know the community and much more. Those professionals are the local REALTORS® who serve your area. Get Pre-approved for a Loan. Contact...
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September 18th, 2013

How Much House Can You Afford?

Posted by at 12:14 pm

How much house you can afford is contingent upon numerous factors, but your DTI, debt-to-income ratio, is a significant indicator to lenders. It’s easy to calculate and monitor your DTI, but lenders use different ratios to determine if a buyer is qualified.  DTI is significant when financing a home because lenders have to see that there is minimal risk in approving any type of loan – a buyer qualifies when their DTI is low because they can afford to make timely payments, therefore reducing any risk of foreclosure, or worse, bankruptcy. explains this and more in this article:
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