Fill out the information below to get an estimate of how much your home is worth now.
The estimate is based on Freddie Mac's CMHPI (Conventional Mortgage Home Price Index), which provides values based on "conforming" loan transactions, that is, loans that are at or below Fannie Mae's and Freddie Mac's purchase limit of $417,000. Because the CMHPI does not collect statistics on jumbo loans (loans over $417,000), the CMHPI does not have statistics on larger home purchase and refinance transactions.
So, if you live in an expensive area, the CMPHI will likely UNDER VALUE your property. If you feel that the value given by CMPHI does not reflect the value of your home, call us. We have access to title company data bases and local multiple listing services and can provide you with an alternate valuation of your home.
Vesta Mortgage 408 S. Pasadena Ave., #6 Pasadena, CA 91105