Exp Realty

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Exp Realty Alex Bombino
Broker Associate/Mortgage Loan Originator/Certified Real Estate Appraiser
CADRE #01201238,
NMLS #1689541
CABREA #3004947

CA BRE #: 01201238
CA Corp BRE #: 01329502
NMLS #: 1689541
CABREA #3004947

Our goal is simple ...
We want to provide the very best service to our clients and build on long lasting relationships. Our online resources make it easy to stay in touch with us...
We operate both a page and a website. Service is a one-on-one activity ...
Ultimately, providing good services is a personal commitment that we make to our clients to do what's necessary to gain their trust and satisfaction with our service. The bottom line:
We are here -- full-time, all the time -- to provide direct support for your real estate needs!

10/14/2026

Homebuyers Can Shape Their Mortgage Rate
Many homebuyers are surprised to learn just how much influence they have over their own mortgage rate. An analysis of 1.35 million US purchase loans from early 2023 through late 2025 found that, even within the same month, rates varied widely—by as much as 93 basis points for the middle 80% of borrowers. For those budgeting around $2,000 a month, that translates to about $28,400 in purchasing power.

From my perspective as both a mortgage loan originator and a real estate appraiser, the most critical factor is your credit score. Moving your score from the high 600s up to 720 can make a notable difference, with the thresholds at 700 and 720 being particularly important. But there’s another lever within your reach: comparison shopping. Among retail lenders, choosing a very competitive option rather than a typical one could save you about 19 basis points, or roughly $5,800 on your loan.

Interestingly, putting 20% down improved the rate by just 0.7 basis points—minimal compared to the savings from avoiding mortgage insurance.

Having worked in lending, valuation, and real estate for three decades, I know that understanding these details can help you make smarter, more confident decisions on your path to homeownership.

10/13/2026

Consejos inteligentes para comprar vivienda hoy
Let’s connect and talk about the latest insights in the industry!

10/12/2026

Bargain Hunting With Rates Above 7%
Even as mortgage rates remain above 7%, there are still opportunities for buyers who approach the market with a thoughtful plan. In my experience guiding clients through shifting rate environments, I always emphasize the value of preparation and understanding how market trends can impact both affordability and negotiating power.

Recent market conditions—with Treasury yields driving up borrowing costs—have kept affordability front and center. But a recent study highlights a useful strategy: anticipate rate fluctuations by building in cushions—a half-point within the next three months, three-quarters by six months, and a full point by the end of the year. This proactive approach can help buyers set realistic expectations and avoid surprises.

Timing also plays a role. Historically, those who purchased later in the year often found better leverage: homes were about 5% less expensive in early Q4 compared to late Q2, and with fewer competing buyers, there’s more room for negotiation. Last month’s five-month supply gave buyers stronger bargaining power, whether on price, closing costs, discount points, or even temporary rate buydowns.

While markets are still pricing in potential Fed tightening, the broader objective remains a cooler inflation outlook—which could eventually bring some relief to mortgage costs. With my background in mortgage lending, real estate brokerage, and property valuation, I’m committed to helping clients navigate these complexities with clarity and confidence.

10/11/2026

Honoring the Significance of Indigenous Day

10/11/2026

California law doubles wildfire mortgage forbearance to two years
California homeowners impacted by wildfires have some important news: the state has extended mortgage forbearance for affected properties to 24 months, with key deadlines now running through January 7, 2029. To qualify, borrowers need to demonstrate both financial hardship and that their home is currently uninhabitable. Additionally, mortgage servicers must now adhere to stricter guidelines—offering payment deferrals rather than demanding lump sum repayments.

Having spent decades guiding clients through the complexities of real estate financing and property valuation in California, I recognize the challenges that natural disasters bring to homeowners. This updated forbearance policy can be a vital resource for those facing rebuilds or repair timelines. If you’re evaluating your options in the wake of wildfire damage, understanding both your rights and your lender’s obligations is key. My approach blends lending expertise and deep knowledge of property values to help clients make informed decisions, even in the toughest circumstances.

10/10/2026

Propietarios acumulan récord de plusvalía, pero la mayoría no puede mudarse en 2026
Let’s connect and talk about the latest insights in the industry!

10/09/2026

Homebuyers: Lending Standards Are Still Tight, but New Credit Scores May Help
Homebuyers are facing one of the most challenging lending environments in decades, with home sales hovering near a 31-year low. As someone who’s spent over three decades working across real estate, mortgage lending, and property valuation, I see firsthand how strict lending standards, high mortgage rates, and rising costs are shaping today’s market. While new credit scoring models are beginning to consider rent and utility payments—an encouraging step—many qualified low-income and minority borrowers are still left out, despite showing low rates of delinquency and default. Understanding both the financial and property side of the equation allows me to guide clients through these complexities and identify the best strategies for securing financing and making confident decisions. Building relationships for life remains at the core of my approach.

10/08/2026

California Expands Wildfire Mortgage Relief
California has just expanded its wildfire mortgage relief options—a significant step for homeowners navigating the challenges of natural disasters. As of September 15, state law now allows eligible homeowners impacted by wildfire to request up to 24 months of mortgage forbearance, doubling the previous 12-month limit. This extension applies to loans connected to emergencies from early Q1 2025 onward. Eligible borrowers can apply through January 7, 2029, provided they demonstrate financial hardship and that their home is currently uninhabitable.

For forbearance requests beyond the initial 12 months, servicers may only require additional documentation after receiving a written request from the borrower tied to hardship, habitability, or necessary repairs. Lenders now have 21 days to process requests and must provide written guidelines if a denial occurs—with another 21-day window for borrowers to address any issues. Importantly, after forbearance, borrowers must be offered a deferral option (no lump sum required for those current on payments), and during relief periods, fees, default interest, and forbearance-related credit reporting remain prohibited.

Having spent decades guiding clients through California’s complex mortgage and real estate environment, I understand how crucial timely and transparent relief options are in times of crisis. My background in lending, real estate, and property valuation allows me to help homeowners and investors assess not just the immediate financial impact, but also longer-term implications for property value and loan structure. If you’re affected by wildfire or need clarity on these new guidelines, know that informed decisions make all the difference when protecting your investment.

10/07/2026

California Home Equity Shapes Household Wealth
California’s real estate market offers a unique wealth dynamic: the median homeowner here has $550K in home equity, yet median household net worth (after debts and non-housing assets) stands at $273.8K. This illustrates how so much of a Californian’s net worth can be tied up in their property—creating a strong equity position, but often less flexibility for other financial goals. As someone who’s spent over 30 years guiding clients through lending, valuation, and real estate decisions, I see this pattern every day. High home equity is a powerful asset, but it also means that many families have most of their financial strength concentrated in one place. Understanding how your property shapes your overall balance sheet is essential—whether you’re considering a refinance, thinking about downsizing, or exploring ways to diversify. California’s robust equity landscape showcases both opportunity and risk, and making informed choices in this environment is key to building lasting financial confidence.

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303 N Glenoaks Boulevard, Ste 200
Burbank, CA
91502

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