Mortgage Insights, In Plain English

Who writes these articles?

Paramount Loan Services does. We are a licensed California mortgage broker in Glendale, NMLS #236355, and we have placed home loans since 2006. Every article here comes out of files we have actually worked on, written in plain English rather than lender jargon.

What do these articles cover?

The decisions borrowers get stuck on. We write about the loan programs we place and the trade-offs between them, so you can arrive at a phone call already knowing which questions matter. Topics so far include:

• HELOC vs. cash-out refinance — two ways to use the equity you already have
• Conventional vs. non-QM home loans — what to do when you do not fit a W-2 box

Beyond the articles, our mortgage calculators let you put rough numbers to any of it, and the HELOC page, construction loans page and equipment financing page go into each program in more depth.

Is anything here a rate quote?

No. Nothing on this blog is financial advice, a rate quote, a loan offer, or an approval. Program terms differ by lender and by borrower, and we are a broker rather than a lender, so we do not set them. For real numbers on a real file, speak to a licensed loan officer.

How do I talk to someone?

Call (818) 500-4009 between 9:00 AM and 5:00 PM, Monday to Friday, or come to the office at 611 E Glenoaks Blvd, Glendale, CA 91207. You can also use the contact page at any hour, or start an application. We serve Spanish-speaking clients as well — see our página en español.