Debbi Galvan - Your Lender For Life - NMLS 190282

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Brentwood, CA
Debbi Galvan - Your Lender For Life - NMLS 190282

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Debbi Galvan NMLS 190282
Xpert Home Lending NMLS 2179191
Equal Housing Opportunity
My passion is to help create Home Owners.

I want to walk you through the process of buying a home. Debbi Galvan - NMLS #190282
Xpert Home Lending NMLS # 2179191
https://xperthomelending.com/privacy-policy https://www.nmlsconsumeraccess.org/

10/23/2026

When does mortgage insurance actually come off your monthly payment? 🤔

Mortgage insurance protects the lender in case of default, but it doesn’t always stick around forever. Here’s how it works:

✅ Conventional loan: first-time buyers can put as little as 3% down
✅ Once your loan balance reaches 78% of your home’s original value, mortgage insurance falls off automatically
✅ That means a lower monthly payment without you lifting a finger
✅ FHA loan with 3.5% down: mortgage insurance stays for the life of the loan
✅ The way out of FHA mortgage insurance is a refinance, and rising home values can open that door

Not sure which loan fits your plans? Send me a DM and let’s talk through it.

KeepingCurrentMatters

10/22/2026

Did you know over half of homes (60%) are selling below their original asking price right now? That trend has held steady for about a year and a half. 📉

For buyers, that opens the door to negotiate, and it can matter for your mortgage too:

✅ A lower purchase price means a smaller loan amount and a lower monthly payment
✅ Instead of a price cut, you may be able to ask for seller credits to cover closing costs or buy down your interest rate
✅ A strong pre-approval shows sellers you’re a serious buyer and gives you more confidence at the negotiating table

Affordability is still tight, but knowing your numbers puts you in a stronger position to make your offer count.

Want to see how a lower price or seller credits would change your payment? Send me a DM and let’s run the numbers.

Debbi Galvan, Lender for Life

KeepingCurrentMatters

10/21/2026

Just closed and already got a letter saying your mortgage was sold? Don’t panic. 📬

This is very common, and here’s what it means:

✅ Your loan may be owned by Fannie Mae or Freddie Mac, the true owner of your mortgage
✅ A servicing letter tells you who will be accepting your payments
✅ With each transfer you’ll get a new account number
✅ Your mortgage payment amount will not change
✅ What does change: the website, mailing address, or payee you send payments to
✅ You’ll usually get a 1–2 month heads-up, and transfers can even happen years later

KeepingCurrentMatters

10/20/2026

Rates climbing again? Don’t let it stall your homebuying plans. 🏡

You can’t control where mortgage rates go, but you can control a few things that shape the rate you actually get:

✅ Your credit score: a stronger score can mean a lower rate and a lower monthly payment
✅ Your loan type and term: FHA, conventional, VA, 15-year vs. 30-year. Each one prices differently, and the right fit depends on your goals
✅ New construction: many builders are buying down rates right now to bring buyers in, which can make a real difference in your payment

Focus on what’s in your control, and you put yourself in a stronger position without waiting on the market.

Not sure where you stand? Send me a DM and let’s run your numbers together.

Debbi Galvan, Lender for Life

KeepingCurrentMatters

10/19/2026

What happens if the appraisal comes in lower than your offer? 🏡

Say you’re buying a home for $700,000 and the appraisal comes back at $680,000. That’s a $20,000 gap. Here are your options:

✅ Back out of the contract altogether
✅ Renegotiate with the seller for a new sales price
✅ Cover the $20,000 difference yourself
✅ An appraisal contingency is what gives you these choices
✅ Without one, you’d likely need to bring that gap to closing in cash

Have questions about appraisals or contingencies before you make an offer? DM me, I’d love to help.

KeepingCurrentMatters

10/16/2026

✅ Lenders base your loan on the purchase price or the appraised value, whichever is lower
✅ If the appraisal comes in under your contract price, that difference is called an appraisal gap
✅ Example: if the home appraises $5,000 below the purchase price, that $5,000 has to be covered somehow
✅ Your options: bring the difference to closing, go back to the seller to renegotiate the price to match the appraisal, or a mix of both
✅ Review the appraisal carefully. If the appraiser missed comparable sales or key features of the home, you can request a reconsideration of value

A low appraisal doesn’t have to end your deal. Knowing your options ahead of time makes all the difference.

Have questions about appraisals or what you’d qualify for? Send me a DM, I’m happy to walk you through it. 💬

Debbi Galvan, Lender for Life

KeepingCurrentMatters

10/14/2026

HOME INSPECTION VS HOME APPRAISAL…. Here’s the difference 🏡

10/13/2026

❤️❤️ I had the best time with my little Gracie for 2 weeks ! I hate that we are clouds away … but blessed by our time together. Family is forever and I am so in love with my her.

10/09/2026

Can Your Mortgage Payment Go Up on a Fixed-Rate Loan? YES! Here's Why 🤔🏡

A fixed-rate loan means your *interest rate* never changes, but your total monthly payment still can! Here's what every homeowner should know:

✅ **Your principal and interest stay the same:** This part of your payment is locked in for the life of your loan. That's the beauty of a fixed rate!

✅ **Property taxes can change:** If your taxes are included in your payment through escrow, an increase in your property taxes can raise your monthly payment.

✅ **Homeowners insurance can go up:** When your insurance premium increases at renewal, your escrow payment may increase too. This has been a BIG one for homeowners lately!

✅ **Your escrow account gets reviewed every year:** Your servicer does an annual escrow analysis. If there's a shortage, your payment may be adjusted to cover it.

✅ **Mortgage insurance can work in your favor:** On many conventional loans, PMI can be removed once you reach enough equity, which could actually *lower* your payment! 🙌

**The bottom line:** A fixed rate gives you stability, but it's smart to plan for changes in taxes and insurance. Knowing what makes up your payment helps you budget with confidence! 💙

Want to understand exactly what's in your monthly payment? Let's break it down together!

📩 DM me for personalized guidance!

10/08/2026

You may hear headlines about record mortgage debt, but that's only half the story. Here's the bigger picture:

✅ Equity has outpaced debt by more than 2x: Homeowners today are sitting on a strong financial cushion.

✅ This isn't 2008: Today's homeowners have much more equity, which makes the market far more stable.

✅ Equity builds wealth: Every mortgage payment and every bit of home appreciation helps grow your net worth.

✅ Renting doesn't build equity: When you rent, your monthly payment builds your landlord's wealth, not yours.

Homeownership is one of the most powerful ways to build long-term wealth. Ready to start building yours? 💙

📩 DM me for personalized guidance!

Debbi Galvan, Lender for Life

Address

Brentwood, CA

Telephone

+19255953784

Website

https://www.mortgagesbydebbi.com/

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