Author: Shelly James
Get Competitive in the Housing Market
Are you paying attention to the sizzling housing market? Brandon Haefele, CEO of Catalyst Mortgage, talks us through how to increase our power as homeowners – and as potential homeowners – in today’s red-hot market.
Mortgage 101
Are you getting ready to buy a home or refinance your current mortgage? Our CEO, Brandon Haefele appeared on Fox40 news recently to talk about some of the lesser known terms you might want to know. Take a look at the terms below and watch the video for more in depth information…
Annual Percentage Rate (APR): This number reflects the total annual cost of taking out your mortgage loan. It’s different from your mortgage interest rate and includes some extra fees.
Underwriting: When a loan professional evaluates your application and verifies all your financial details, that’s underwriting. It’s important to ensure that you have the means to manage your new monthly payment.
Escrow: An escrow account is used to hold funds prior to closing, including your earnest money deposit. You might also pay into an escrow account to cover property taxes, homeowners insurance and private mortgage insurance (if you have it).
Closing Disclosure: This is a document that you’ll be given at least three days before your closing date. It should detail all the final costs of your loan, as well as what you’ll be expected to pay on closing day.
Mortgage Note: You’ll sign this document at closing. It outlines the terms of your home loan and includes how much you’re borrowing, whether it’s a fixed-rate or adjustable-rate mortgage and more.
Prepaid Costs: These are estimated expenses for closing that and will be put into your escrow account. They usually cover mortgage interest, property taxes and homeowners insurance expenses that occur between your closing date and the date your first mortgage payment is due.
For more information on starting your mortgage process, call us today at 916.287.7777
Advantages to Singles Buying Homes in Sacramento
The Sacramento housing market is booming, but for one group in particular, now is the perfect time to purchase your dream home.
On KTXL FOX40 News, Brandon Haefele, CEO, Catalyst Mortgage speaks on these opportunities for home buying and how singles are the one category of home buyers surging in the Sacramento region.
Guide to Buying a Home in a Hot Market
Buying a home now could be in the cards for many people seeking to purchase their first homes. Brandon Haefele, CEO of Catalyst Mortgage, spoke on FOX40 News about homes in Sacramento County with affordable monthly payments due to interest rates dropping. Get pre-approval, down payment, and interest rate insights from Catalyst Mortgage and contact us today to get started on the home buying process.
St. Jude Dream Home Giveaway!
Catalyst Mortgage was proud to partner with ABC10 in support of the St. Jude Dream Home Giveaway. As an incentive for ticket sales Catalyst provided an Original Peloton Bike and one year All-Access Membership to a lucky winner from Tracy, CA. Nearly $800,000 was raised in ticket sales to help ensure families never receive a bill from St. Jude for treatment, travel, housing or food — because all they should worry about is helping their child live.We won’t stop until no child dies from cancer. To learn more about St. Jude Children’s Research Hospital visit https://www.stjude.org/
Tips for Buying a Home
The housing market in the Sacramento Region is the hottest market in the country right now. Brandon Haefele, CEO/President of Catalyst Mortgage, gave insight on FOX40 News on what steps you can make to take advantage of the historically low mortgage rates.
Is It the Right Time to Refinance Your Mortgage?
Get educated on whether it’s the right time for YOU to refinance and tap into your equity. Brandon Haefele, CEO/President of Catalyst Mortgage, gives some great tips on how to navigate this process on FOX40 News.
Catalyst Mortgage Feeding Local Families
Brandon Haefele, CEO/President of Catalyst Mortgage, appeared on KCRA 3 at the Sacramento Food Bank & Family Services for the Annual Turkey Drive with a $10,000 donation! We are so proud and honored to be a part of this AMAZING cause for the 11th year! With your help, we were able to serve 100,000 holiday meals to families in need. Every dollar mattered and we reached our goal in such unprecedented times. Thank you all so much for your donations!
Feeding Local Families
For more than a decade, Catalyst Mortgage’s Feeding Local Families program has been providing holiday meals for food insecure families in the Sacramento region. Our partnership with KCRA resulted in nearly $25,000 in donations to the Sacramento Food Bank. However, food insecurity is not a seasonal concern, but a year round issue that impacts more than 215,000 residents of the Greater Sacramento region. To meet the growing need, Catalyst Mortgage is expanding Feeding Local Families to a year round effort with a donation of $250 to the Sacramento Food Bank for every loan closed. Each donation will provide meals for $1,250 neighbors in need. We believe that when we’re doing well, it’s our responsibility to do good for the community. Together, we can make a difference. To learn more about the Sacramento Food Bank and Family Services visit https://www.sacramentofoodbank.org/