Dignified Home Loans - Oxnard

01/05/2023

If you've been considering buying a new home this year, I'm sure you've heard the phrase "marry the house but date the rate."
And maybe you found yourself wondering; what does that mean? What's the benefit?
The idea is that inventory is low and rates are higher than we saw previously, but you shouldn't let that stop you from buying the home of your dreams.
Rates are constantly changing and the beauty of that is that you don't have to stay committed to them! You can dump them like a bad ex when you refinance your loan.
Don't pass up the right home simply because rates aren't where you'd hoped they'd be right now.. Rates will drop soon enough! Marry the house, but date the rate! Call today and let's set you up.

01/02/2023

Did you buy the house of your dreams this summer? Now that the fun part is over and it's time to pack everything up; make sure you have plenty of packing tape, bubble wrap, scissors, and packing paper on hand! Here's a handy guide to assist you with the moving madness. 🚚📦

Moving into a new home requires planning, preparation, and lots of boxes. You may be wondering, "how many boxes do I need?" We'll help you figure it out.

12/29/2022

I bet you didn't know...

12/21/2022

What is a credit score?
Lenders use your credit score (along with your employment history, income ad their own internal scoring systems) to determine whether or not they will lend you money or extend credit.
There are 2 primary credit scoring methods that you need to know about: FICO and VantageScore. Each is used to determine your creditworthiness (how likely you are to repay your loan) along with your interest rate, length of the loan, and even how much you can borrow. Both FICO and VantageScore use a range of 300-850 to determine this, with a higher score showing you are fiscally responsible and the risk of lending to you is low.
Now that we've gotten that out of the way, as promised, here are some quick credit tips:

1. Pay on time, every time. Even if you are making the bare minimum payment, meeting that debt obligation is key to building good credit!

2. Pay off bills with the highest interest first. You'll reduce the amount you pay in interest over time, saving you money in the long run.

3. Or, conversely, pay off the smallest bills first. This is the theory behind Dave Ramsey's Debt Snowball Plan: You'll see results quickly so stay motivated!

4. Put "bonus funds" toward paying down your debt. This includes a bonus from work, a tax refund, or any other lump-sum payment you receive. (But only if you have a savings cushion built up first!)

Are you interested in seeing how your current credit score might affect a new mortgage? DM us today and let's take a look together!

12/15/2022

There's nothing quite like the feeling you get when you share a gift with a loved one, but if we're being honest we all love being on the receiving end of a gift as well.
As a homeowner, the perfect gift may already be right under your nose, or more accurately, right under your roof!

Never before in history have home prices risen so fast and so high! Today's homeowners can use this to their advantage by unlocking their equity and putting it to work...

Have you had a kitchen remodel on your holiday wish list for far too long? Do you have visions of sugarplums (or dollar signs) dancing in your head?

Call us today and let's work some Christmas magic!

12/14/2022

12/05/2022

On the first day of Christmas, my true love gave to me..... A list of ways to keep down the cost of electricity!

Whether you are lighting up the neighborhood with your own 'Christmas Vacation' worthy light display or covering the inside of the house with lights for an old-fashioned family Christmas (complete with aunt Bethany's "Jell-O mold") you are going to be using a bit more electricity than usual and here is how to ho- ho - ho for less less less.

❄ Use LED lights
❄ Put electrical decorations on a timer or smart plug
❄ Layer in the elements that don't use power, like ribbons, garlands, wreaths, and candles (both regular and flameless)
❄ Cook with energy-efficient appliances like microwaves, slow cookers, and insta-pots!
❄ Keep your oven closed
If you must use your oven, don't peek inside while the food is cooking
❄ Seal cracks and replace weatherstripping around doors and windows
❄ Install a programable thermostat
❄ Break out your festive holiday sweaters to keep the thermostat lower!

11/29/2022

The Federal Housing Finance Agency (FHFA) has announced the new loan limits for 2023!

11/23/2022

Over the past few years, many homeowners have seen their equity grow dramatically thanks to rising home values... Does that include you?
Luckily, your home equity does not need to stay tied up in your house. Want to take that vacation you've been dreaming about? Ready to send your kids to college? Maybe you'd like to purchase an additional home and would like to use your current home's equity as your down payment.. the possibilities are endless!
Want to learn how you can cut into your slice of the pie? Send us a DM today!