Articles by gabriela-islas

Gabriela Islas

Gabriela is addicted to traveling, learning about new cultures and the color pink. Her hidden talent is that she burns everything when cooking- even water. If you ever want to find out what Ricky Ricardo said to Lucy when he was mad, she’s your girl. When she’s not laughing at things her kids says, Gabriela loves writing anything about personal finance, economics and international trends.

Avoid Pre Payment Penalties

Pre-payment penalties can cost you tens of thousands of dollars, depending on your loan balance at the time of pre-payment. Be wary of mortgages that [...]

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Homeowner Tax Deductions and Credits

Homeownership comes with a lot of advantages, especially when it comes to tax time. Make sure you’re not missing out on important home-related tax deductions. [...]

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Private Mortgage Insurance (PMI)

What Is Private Mortgage Insurance (PMI)? Private Mortgage Insurance (also referred to as mortgage protection insurance on the West Coast) is a costly insurance premium [...]

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Closing Costs and Fees Explained

Mortgage closing costs are fees charged for services that must be performed to process and close your loan. At the time you apply for a [...]

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Jumbo Loans for Larger Home Loans

In some real estate markets, a house in the $400,000 range is little more than a starter home. So why is it that a home [...]

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FHA Loans for Home Buying

What exactly is an FHA loan? Good question. An FHA loan isn’t really a loan, it’s a program that insures home loans. The FHA (Federal [...]

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Mortgages with Low or No Down Payments

It could be due to the economy or the fact that most people stay in their home an average of only 5-7 years, but the [...]

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No Doc Home Loans

No doc and low doc loans are very difficult to qualify for in today’s mortgage and financial markets. Because of this, most mortgage companies (including [...]

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40 Year Mortgages with Lower Payments

In the last few years, the 40-year mortgage has been increasing in popularity for home buyers in high-cost housing markets as an alternative to adjustable-rate [...]

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Mortgage Pre-Approval is Better than Pre-Qualified

Get the mortgage advice you need. Your biggest investment is your home, and our exclusive Quicken Loans Pre-Approval give you the edge you need to [...]

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