Have you ever reviewed – in granular detail – your credit report? Here are a few tips that can help make sure you’re in prime position for mortgage approval – and receive the best terms and conditions possible: Avoid The “Free Credit Score” Traps: Even though you likely see a myriad of advertisements for “Free [...]

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Mortgage rates are at their lowest. This means there are more mortgage companies, or individuals, who are preying on unsuspecting borrowers. Before you sign on the dotted line, make sure you know who you are doing business with, and be sure to work with an experienced mortgage professional. Mortgage fraud is on the rise. Be [...]

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The word “mayhem” has several synonyms including “chaos” and “confusion. I could not think of a better topic to begin with than addressing the mayhem that seems to exist about all things mortgage related.  Mortgage loans have always been a bit confusing, but as we are all aware by now, the entire mortgage industry has [...]

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Thanks to our loyal members, and members of our community, we have been voted Best Credit Union in Los Angeles in the Daily News Reader’s Choice Awards! This is the fourth time we’ve won this prestigious award, and we are so proud. MCCU continues to be a safe and sound place to bank. We have [...]

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For many borrowers, securing a government sponsored loan for the purchase or refinance of a residence is reassuring, and makes a great deal of sense. Unfortunately many people aren’t aware of the many different types of government backed mortgage loans that are available. To that end, let’s take a look at some of the benefits [...]

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  Mortgage rates are extremely low! Contact us today for more information on Mortgage Loans!

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Fred Kreger, Branch Manager of American Family Funding talks with Fred Arnold on the differences and benefits of being a member of a Credit Union vs a bank. Credit Unions are not for profit financial institutions offering many of the same products and services as big banks.

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These days, perhaps more than ever, having patience is most definitely a virtue.  And from where I’m standing, nowhere is patience needed more than when you apply for a mortgage loan.  Whether you’re looking to purchase a home or refinance your home, being a borrower in today’s market may make even the most tolerant among [...]

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The only thing worse than not having enough information when you need to make a decision on something as financially impactful as obtaining a home loan, is having inaccurate information.  Since the mortgage and real estate markets came unraveled more than three years ago, misinformation has been reported time and again.  Here we’ll set the [...]

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“Oh no, here we go again”!  After a few months of positive economic news, the tide may be turning.  Although I won’t say the tide is reversing, there certainly may be cause for concern. After repeated months of an improving employment picture, the employment numbers for March indicate a possible change in direction.  Before we [...]

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