Mike Beal - Liberty National Lending Group

Mike Beal - Liberty National Lending Group I provide low rate, no hassle mortgages in San Diego and throughout California

Rates just hit a level we haven't seen since 2023.The 10-year Treasury — the benchmark that drives mortgage pricing — is...
09/09/2026

Rates just hit a level we haven't seen since 2023.

The 10-year Treasury — the benchmark that drives mortgage pricing — is sitting near 4.80%.

For most homeowners, that's bad news: higher rates on a refi, higher payments on a HELOC.

But if you're 62+ with home equity, this is exactly the environment where a reverse mortgage earns its place in the conversation — not as a last resort, but as a strategy.

Here's why: a HECM line of credit has a growth feature. The unused portion grows over time, and that growth can move with rates — meaning rising rates can actually work in your favor instead of against you. No monthly mortgage payment is required, subject to living in the home as your primary residence and keeping up with taxes, insurance, and upkeep.

With 25+ years in this industry and Air Force discipline behind everything I do, I help seniors and their families understand these tools clearly — no pressure, no jargon. If you or a loved one want to see what this could look like, let's talk.

📞 (619) 218-4706
✉️ [email protected]
🌐 www.MikeBealMortgage.com

NMLS #236308

Serving CA, TX, MI, and FL

Not a commitment to lend. All loans subject to underwriting approval.

SeniorFinance

A self-employed buyer with strong 1099 income and a newer business can still look better to underwriting by keeping olde...
09/09/2026

A self-employed buyer with strong 1099 income and a newer business can still look better to underwriting by keeping older credit lines active. Before you close anything, check for cards with no annual fee, make sure the account is in good standing, and avoid moving balances around right before a mortgage file is reviewed. Compare this to your situation. https://bit.ly/4ptv9Mw

One practical step is to treat the inspection report like a to-do list, not a pass-fail test. If the roof has missing sh...
09/08/2026

One practical step is to treat the inspection report like a to-do list, not a pass-fail test. If the roof has missing shingles or the plumbing shows signs of past leaks, get clarity on whether the fix is urgent or just maintenance, then decide what to negotiate before you get too far into underwriting.

A common first-time buyer mistake is waiting until the last minute to gather paperwork. If your income includes 1099s, W...
09/07/2026

A common first-time buyer mistake is waiting until the last minute to gather paperwork. If your income includes 1099s, W-2s, or a recent job change, pull those documents early so the loan file does not stall when underwriting asks for them. A simple checklist now can prevent a rushed scramble later.

For many first-time buyers, the biggest objection is fear of the unknown, not the home search itself. One practical step...
09/06/2026

For many first-time buyers, the biggest objection is fear of the unknown, not the home search itself. One practical step is to ask whether FHA, conventional, or USDA fits the property and your file, then compare the documentation each one may require. A buyer with student loans and a recent job change can use that comparison to narrow the path before making offers.

A practical way to prep for closing is to ask your lender for a fee worksheet early and flag which costs can be paid upf...
09/05/2026

A practical way to prep for closing is to ask your lender for a fee worksheet early and flag which costs can be paid upfront versus added to the loan. That conversation matters most for buyers juggling moving expenses, repairs, and earnest money at the same time. It also helps compare loan options like FHA, VA, or conventional before the file reaches underwriting.

A rural address can change the paperwork faster than the floor plan. USDA financing is designed for eligible areas, so t...
09/04/2026

A rural address can change the paperwork faster than the floor plan. USDA financing is designed for eligible areas, so the first step is checking the property address before you start comparing homes, especially if you're looking at a small town just outside a metro. That simple check can save time and prevent a last-minute surprise. See how it works. https://bit.ly/4pAEq5E

If you use a VA loan, check whether your lender allows extra principal payments without a prepayment penalty, then label...
09/03/2026

If you use a VA loan, check whether your lender allows extra principal payments without a prepayment penalty, then label the transfer clearly when you send it. A common mistake is letting a tax refund sit in checking for months because the borrower never assigns it to the loan. Turning a one-time windfall into a principal reduction is a simple way to chip away at the balance faster.

What changes the math for a homeowner with several balances is not just the total debt, but how each account is document...
09/02/2026

What changes the math for a homeowner with several balances is not just the total debt, but how each account is documented. Gather recent statements, pay stubs, and tax forms before the conversation so the file can be reviewed for debt-to-income impact and any underwriting issues early. That is especially helpful when the income picture includes 1099s or a recent job change. Walk through the steps. https://bit.ly/45lTwT3

For some first-time buyers, the real issue is not timing the market; it is choosing the right loan path. FHA can help wh...
09/01/2026

For some first-time buyers, the real issue is not timing the market; it is choosing the right loan path. FHA can help when credit is thinner, while conventional financing may fit better if the file is stronger and PMI is manageable. The mistake to avoid is assuming every preapproval means the same thing, because the document checklist can change by program.

Address

3914 Murphy Canyon Road #129
San Diego, CA
92123

Opening Hours

Monday 8am - 10pm
Tuesday 8am - 10pm
Wednesday 8am - 10pm
Thursday 8am - 10pm
Friday 8am - 10pm
Saturday 9am - 5pm
Sunday 10am - 3pm

Telephone

+16192184706

Website

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