Mortgage and Lending 1 article

Buying or refinancing a home often depends on interest rates, loan terms, credit standards, and the borrower's ability to cover upfront costs. Mortgage products differ in how rates change, what documentation lenders require, and how payments are structured. California borrowers may also encounter assistance programs and questions about servicing or refinancing. Loan conditions can change the affordability of a purchase even when a home's asking price remains unchanged.