Welcome to LoanSafe.org

LoanSafe.org is America’s #1 mortgage forum for consumers. Since 2007 we have provided free online mortgage help for consumers. Our work has been featured in the New York Times, Fox Business, Money Magazine and many more media outlets. Join our forum and get answers from the experts to your tough loan questions.

Erik Sandstrom

Erik Sandstrom

Manager

Hi, my name is Erik Sandstrom. I’m a proud sponsor and mortgage expert on LoanSafe.org. I’m also a sale’s manager and loan officer with Caliber Home Loans. If you are looking for a great mortgage with the best rates or for a great company to work for, please give me a call at 619-379-8999

Latest Mortgage News

Mortgage Loans After Bankruptcy and Foreclosure

How long must you wait before buying a new home after a foreclosure that was in a bankruptcy? The answer is one day after bankruptcy discharge or dismissal, if you have enough of a down payment. If you also had a foreclosure and a bankruptcy, then the debtor’s... read more

Current Mortgage Rates for Monday July 6, 2015

The nation’s top lenders are reporting that rates for this Monday are mostly stable, with some loan programs going higher since our last report on Friday. The current national weekly average for conforming mortgage and ARM loan rates are stable as well. The 30 year... read more

How to calculate your mortgage rate

If you’re looking for the most affordable rate, understand that your mortgage rate will depend on factors like your credit, down payment, home equity, past late mortgage payments, first mortgage balance, first mortgage interest rate, existing type of rate, do... read more

How many times can you refinance a home within a year?

Many borrowers think that they can refinance their home as often as they would like, but the facts are that this is far from the truth. Many lenders have seasoning requirements that state that borrowers cannot refinance without various penalties within a 1-3 year time... read more

New Flood Insurance Program Legislation Introduced In Congress

A new bill was introduced this week, that if passed, may give consumers better policies and pricing when it comes to flood insurance. Currently the flood insurance market is dominated by the U.S. government as opposed to private insurers. The bill was introduced by... read more

14 Tips for First Time Home Buyers in 2015

There are several things you should know prior to making one of the largest purchases you will probably ever make.  Many of the tips given here can help you save your hard earned money and time prior to starting this endeavor. The tips below will help you make... read more

Fannie & Freddie CEOs Get Huge Pay Raise of $3,400,000

The United States government sponsored mortgage giants, Fannie Mae and Freddie Mac are in the media spotlight this week. The Federal Housing Finance Agency (FHFA) approved huge pay hikes for the CEOs of Fannie and Freddie, from $600,000 to $4 million. That is an... read more

Current Mortgage Rates for Wednesday July 1, 2015

Current mortgage rates for this Tuesday at the nation’s top lenders are mostly the same and have been stable all week. The national average for the 30 year fixed is 4.02%, and the 15 year fixed average is at 3.21%. The 5 year ARM average is at 2.98%, and the 1 year... read more

Current Mortgage Rates

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