Frank Sotelo

NMLS # NMLS: 1305421 DRE: 01057351

562-716-2006

fsotelo@realconsultantsonline.com

Frank Sotelo Loan Officer

Blog

Happy Holidays from REAL CONSULTANTS MORTGAGE AND REAL ESTATE SERVICES INC.

All of us at REAL CONSULTANTS MORTGAGE AND REAL ESTATE SERVICES INC. would like to wish you a Merry Christmas and a Happy New Year! We would like to thank you for making 2018 a great year and for the privilege of helping you purchase or refinance your ho

Dec 19, 2018 |

Everything You Need To Know About Prepayment Penalties

Everything You Need To Know About Prepayment Penalties

Although they are not nearly as common today, some mortgage loans do come with a prepayment penalty. Home loan borrowers should be aware of them before signing their names on the dotted line. Here’s what you need to know about prepayment penalties:

Dec 12, 2018 | Purchasing a Home Refinancing a Home

Should I Pay Off My Mortgage Before Retirement?

Should I Pay Off My Mortgage Before Retirement?

As you near retirement, you may be anxious to completely pay off your mortgage and be debt-free before your traditional income stops.  In most cases, this is the best plan but there are situations when holding on to your mortgage into retirement may

Dec 05, 2018 | Reverse Mortgages Refinancing a Home

4 Documents You Need for Mortgage Pre-approval

4 Documents You Need for Mortgage Pre-approval

Getting pre-approved for a mortgage is a smart step before you go out looking for a home. A pre-approval letter shows sellers that you have already proven to a lender that you have the income and down payment to qualify for a mortgage loan. This allows se

Nov 28, 2018 | Purchasing a Home

Happy Thanksgiving from REAL CONSULTANTS MORTGAGE AND REAL ESTATE SERVICES INC.

Thanksgiving is a time to express gratitude to those who make a difference in our lives. Thank you for your continued support of our business; it’s always a pleasure to help you and your family with your mortgage. All of us at REAL CONSULTANTS MORT

Nov 21, 2018 |

Jumbo Loan Basics

Jumbo Loan Basics

The majority of homes around the country are purchased with the aid of traditional, conforming mortgage loans. Yet when home prices rise quickly, many markets have price tags that are too high for these standard loans. Enter the jumbo loan. What is a Jum

Nov 14, 2018 | Jumbo Loans Adjustable Rate Mortgages Fixed Rate Mortgages Purchasing a Home