559-713-1200
jholmstrup@kingsmortgage.com
Apply Now
Secure Doc Upload
Kings Mortgage Services, Inc. Logo

Blog

Blog Image: 5 Strategies for Paying Your Mortgage Off Early

5 Strategies for Paying Your Mortgage Off Early

Whether you want to save on interest payments, avoid debt in retirement or just feel the thrill of complete ownership, there are plenty of reasons to pay off your mortgage loan early. Yet because a house is typically the largest purchase most Americans make, an early pay-off may seem impossible. Instead of choking on that enormous goal, here are five bite-size strategies to help you succeed little by little. 1. Make One Extra Payment Per Year If you can make 13 payments a year instead of 12 you can shorten your mortgage by years. You could consider putting your entire tax refund or any a...

February 5th, 2020 | Refinancing a Home, 5 Strategies for Paying Your Mortgage Off Early

Blog Image: Why NOT to Pay Off Your Mortgage Early

Why NOT to Pay Off Your Mortgage Early

Your mortgage payment is likely the biggest one you make each month. The thought of getting rid of that payment sooner and saving on some of the interest payments can be very attractive. However, there are plenty of trade-offs when you start diverting much of your disposable income toward extra mortgage payments. Here are several reasons why it may not be in your best interest to pay off your mortgage early. Lost Investment Income In order to pay off a mortgage earlier than the traditional 30- or 15-year terms, you will have to devote a significant part of your monthly income on the paym...

January 29th, 2020 | Mortgage, Why NOT to Pay Off Your Mortgage Early

Blog Image: 4 Reasons Why You Should Refinance NOW

4 Reasons Why You Should Refinance NOW

Mortgage interest rates have been near record lows this year, and the latest forecasts have rates falling even lower in the coming year. Many homeowners have already been taking advantage of these historically low rates by refinancing their mortgages. If you have not yet refinanced, here are four good reasons why now is the perfect time: 1. Save Money Now and Later If you took out a home loan at an interest rate any higher than today’s current rates, you could possibly save yourself hundreds of dollars a month on payments and tens of thousands of dollars in interest over the course...

January 22nd, 2020 | Refinancing a Home, 4 Reasons Why You Should Refinance NOW

Blog Image: What Costs Can I Expect as a Home Seller?

What Costs Can I Expect as a Home Seller?

When you bought your house, the fees you paid included the closing costs for your mortgage, your down payment, and maybe some mortgage points. Now that you are ready to sell, there are a few more costs that you need to anticipate. In fact, according to Realtor.com, sellers often pay between 6% -10% of the sale price in fees and commissions. Real Estate Agent Commission Fees It is customary for home sellers to pay both the seller’s and the buyer’s real estate agent commission fees out of the proceeds of the sale. The standard rate is 3% for each, totally 6% of the sales price ...

January 15th, 2020 | Mortgage Advice, What Costs Can I Expect as a Home Seller?

Blog Image: Passing of the Crown!

Passing of the Crown!

Announcing New Management in 2020— Paula Silva has officially passed the crown over to Angie Cansler in our Hanford Branch Office—and we couldn’t be happier for both ladies! Paula has been the Manager in Hanford since joining KMSI in 2001.  She is an integral part of our family, our history, and our growth.  “I have been lucky enough to manage at Kings Mortgage for the last 18 years!!  So happy to pass the crown to my dear friend and co-worker, loan officer extraordinaire, Angie Cansler.”  Pam Raeber, President/CEO of Kings Mortgage has b...

January 1st, 2020 Passing of the Crown!