Tomas Cruz
Hi, I’m Tomas Cruz, your friendly mortgage loan officer here at O1NE MORTGAGE in West Covina, California. Buying a first home, moving up, or refinancing can feel like a big step—but that’s exactly why I’m here! I love helping people discover the right mortgage solutions that truly fit their goals and lifestyle. From conventional, FHA, […]
Susie Gonzalez
Susie Gonzalez
Hi, I’m Susie Gonzalez, your friendly mortgage loan officer here at O1NE MORTGAGE in West Covina, California. Buying a first home, moving up, or refinancing can feel like a big step—but that’s exactly why I’m here! I love helping people discover the right mortgage solutions that truly fit their goals and lifestyle. From conventional, FHA, […]
HELOC vs. Bridge Loan: What’s the Difference and When to Use Each
Key takeaways HELOC = flexible, revolving credit using your home equity; good for renovations, debt consolidation, or ongoing cash needs Bridge loan = short-term, fast cash to “bridge” a timing gap (e.g., buy-before-you-sell); faster but usually pricier and short-term HELOC risks: variable rates, possible line freezes, and foreclosure if you don’t pay Bridge loan risks: […]
What is an Interest-Only HELOC and How Does it Work?
Key Takeaways An interest-only HELOC lets you borrow against home equity while paying only interest during the draw period. Monthly payments are lower at first, but can spike after the interest-only phase ends. Ideal for homeowners who need flexible cash flow for renovations, education, or emergencies. Comes with risks like payment shock and variable interest […]
Financial Stability – Is It Better to Save Your Money or Pay Off Your Debt First?
“Should I focus on saving money or paying off debt first?” It’s one of the most common dilemmas for anyone trying to get their finances on track—and the answer isn’t always black and white. Your decision depends on your goals, financial situation, interest rates, and even your personal comfort with risk. In this guide, we’ll […]
Home Equity Loan Closing Costs: What to Expect and How to Save
Home equity loans are a popular way to tap into your home’s value for major expenses — such as renovations, debt consolidation, or education costs. While these loans typically offer lower interest rates than credit cards or personal loans, they come with a price tag that often surprises borrowers: closing costs. Just like when you […]
Sylvia Montenegro
Hi, I’m Sylvia Montenegro, a mortgage loan officer at O1NE MORTGAGE in West Covina, California. I’m passionate about helping people find the right mortgage solutions—whether you’re buying your first home, upgrading, or looking to refinance. I work with a wide variety of loan programs, including conventional, FHA, VA, jumbo loans, and refinancing options, so I […]
What Is the Total Interest Percentage (TIP) on a Mortgage?
Understanding the costs involved in buying a home is one of the most important steps in your journey toward homeownership. One often overlooked but essential metric to evaluate is the Total Interest Percentage, or TIP. The TIP provides insight into the interest rate you will pay over the life of a mortgage loan, expressed as […]
Scott Raae-Nielsen
