Thursday, April 28, 2016

Getting to Know Home Mortgage Broker Vahe Hayrepetian

This article concerns Glendale-based mortgage broker Vahe Hayrapetian.

A mortgage broker is someone who can ease the problems often associated with purchasing a home. Vahe Hayrapetian offers this type of service in Glendale, Calif.

Since buying a home will almost certainly involve the hassle of obtaining a mortgage, a broker is the person who can get you into the home of your dreams efficiently and possibly at less expense. In his role as a broker, Hayrapetian can help buyers find the loans that are most suitable for them. This increases the options of the buyers, who may be limited in the loans to which they have access if they search on their own.

Hayrapetian will find an array of loans and help the buyers compare the terms and the costs. He may even be able to waive the fees that often come with a mortgage loan, reducing the overall cost to the buyer.

Hayrapetian has a long history in the financial industry, having worked as the sales manager for Skyline Home Loans in Glendale and, previously, for GMAC Mortgage and Bank of America. A humanitarian interest of his is helping poor Armenian children.

Information for this account was obtained from

Tuesday, April 26, 2016

Financing A Home: Experts Who Are Home Buyer Musts

It doesn't matter what type of home you are thinking of buying, the important thing to remember is to work with an agent who will aggressively track down financing options.

Retail Banks
Recent market contraction has prompted banks to raise mortgage rates to cover purchase volume loss. The average rate now stands (but is not limited to) 4.49%. Banks generally build portfolios when lending, and have highly vetted consumer relationships.

Mortgage Banker 
These bankers originate home mortgages with their own funds. They retain the option to keep the mortgage in their portfolios, or sell to another financial institution. The advantage of using a mortgage banker is having an entire home package serviced by one lending entity.

Mortgage Broker
These brokers are middlemen between home buyers and lending institutions. They faithfully take the wishes of a home buyers and find the best arrangements for all parties. Their services reveal many options some home buyers never consider.

Working with an agent, like Vahe Hayrapetian, who has decades of experience in facilitating home financing is the only way to navigate an uncertain real estate market. Buying a first home, or investment property becomes a truly wise only decision when an expert is on your side.