Apr 21, 2023 | Mortgage Finance News
Yes – you read that right. As of May 1, 2023, a new Federal law will go into effect that seems completely Backwards for homebuyers. If you have a credit score of 680 and higher, and are able to put down 15-20% towards your down payment – you will now be...
Oct 23, 2020 | About Elite Equity, Elite Equity Milestones
We started our business in 2005 with one thing in mind. To make owning a home affordable and easy for everyone. For 15 years we’ve brought Real Estate and Mortgage services to Los Angeles. With our clients as the top priority; whether it be a homeowner, realtor,...
Nov 6, 2015 | About Elite Equity
We started our business in 2005 with one thing in mind. To make owning a home affordable and easy for everyone. For over a decade now we’ve brought Real Estate and Mortgage services to Los Angeles. With our clients as the top priority; whether it be a homeowner,...
Oct 1, 2015 | Elite Equity for Professionals, Information for Homeowners
The Elite Equity mortgage calculator provides more information about a loan than your typical. By inputting some basic information you will get more detailed information than any physical mortgage calculator. It breaks down amortization, interest, and accurate...
Sep 24, 2015 | Products & Services
We’re happy to announce our new Jumbo loan program. It’s specially designed for high earners who aren’t rich yet. Applicants must have at least a 760 FICO score to be approved for this loan. Here is a simple overview of this loan program: $1,000,000...
Sep 17, 2015 | Elite Equity for Professionals
At Elite Equity we offer 100% commission to Realtors on their deals. We are proud to help Realtors close more deals and let them keep their hard-earned money. By being an Elite Equity Realtor you get the many necessary resources at your side. Including processing...
Sep 10, 2015 | About Elite Equity, Elite Equity Milestones, Mortgage Finance News
What is a “HENRY”? It stands for “High Earner Not Rich Yet” — This term is used to describe individuals who have landed lucrative six-figure jobs out of college, but haven’t been able to save enough money for a down payment on...
Aug 12, 2015 | Elite Equity Milestones
We recently closed a purchase loan for a client who couldn’t qualify for conventional financing. The borrower had credit issues that wouldn’t allow him to attain any type of Fannie / Freddie type loan. With a short escrow period and no other viable...
Apr 30, 2015 | Information for Homeowners, Mortgage Finance News
Homeowners have been asking this since 2012 when our economy was in recovery mode. The quick answer, Not Much Longer. We can talk about how interest rates work and why they fluctuate when the Fed makes an announcement or Europe’s economy becomes unstable....
Feb 1, 2015 | About Elite Equity
Elite Equity is a Boutique Real Estate & Mortgage Company headquartered in Encino, Ca. Founded in 2005, the company was always focused on the simple notion of offering clients a one-stop real estate & finance solution. With so many different Realtor and...
