By lam32 June 16, 2013
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By josep44 April 26, 2013
I found them online and spent quite a bit of time browsing their site - which was pretty good - and then called them. They explained to me that a reverse mortgage really wouldn't benefit my mom -- I was impressed at their honesty. http://www.reversemortgagelendersdirect.com/reverse-mortgages-pros-and-cons/ http://www.reversemortgagelendersdirect.com/reverse-mortgage-calculator/ http://www.reversemortgagelendersdirect.com/hecm-reverse-mortgage/ ...read more
By AAMCO Transmissions and Auto Repair August 06, 2011
I sent you a request yesterday to connect. Here is a 5 star rating based on what others told me about you!!!! Thank you in advance for connecting with us. Samir Barudi AAMCO ...read more
Do you want to get the lowest possible mortgage rate on yourCalifornia jumbo loan?If so, you are not alone. Whether purchasing a home or refinancing an existing mortgage, the first question most people ask is "What's the rate?"In order to get the lowest interest rate, it is important for you to understand the factors that affect it. In general, California jumbo mortgage interest rates are based on market factors. The interest rate you receive foryour specific mortgage, however, is also based on a number of other factors.The top factors affecting your California jumbo mortgage rate include:Credit rating.California investors generally offer the lowest mortgage interest rate to people with the highest credit scores. Although the credit score required to get the most favorable rates varies, a good rule of thumb is that the people with credit scores above 750 will be offered the lowest mortgage rates.Loan Amount.If you plan to purchase or refinance a home in California, there is a term you need to know -the conforming loan limit. Loan amounts below the conforming loan limit are called "conforming mortgage loans." California's conforming loan limit ranges from $417,000 to $729,750.Loans above the conforming limit, or "jumbo loans" have a much smaller secondary market. In other words, there are fewer investors for jumbo loans. As a result, conforming mortgage loans generally have lower interest rates than jumbo mortgage loans.Down payment.Because of their size and fewer options for resale on the secondary market, jumbo mortgage loans require a substantially higher down payment than conforming loans. The more money you can put down above the required down payment, the lower your interest rate.Debt-to-income ratio.Your debt-to-income ratio is calculated by dividing your monthly payments by your gross monthly income. Your cumulative debt-to-income ratio, also referred to as your "back end ratio" compares all of your monthly payments (including your housing payment) to your monthly income. If your gross monthly income is $10,000, and all of your monthly payments add up to $3,000, your back end debt-to-income ratio is 30%. In order to improve your chances of getting the lowest jumbo mortgage rate, keep your debt-to-income ratio as low as possible.Income and Asset Documentation.If you verify all of your income and assets by providing paycheck stubs, W2, bank and investment account statements, your California mortgage application is considered fully documented (Full Doc). All other factors being equal, a California mortgage applicant with a fully documented loan will pay a lower mortgage rate than one with a limited documentation loan.In my experience dealing with high net worth California home buyers, I find that the vast majority are business owners. As a result, their income falls into the no-doc or limited doc category. My clients are usually able to fully document their assets and investments.Property occupation status.California is one of the most popular locations for second homes and vacation homes. A mortgage on your primary residence will have a lower mortgage interest rate than one on an investment property or second home.ConclusionWhen searching for the lowest California jumbo mortgage rate, keep this in mind. Once we account for market factors, the other factors that determine your mortgage interest rate are based on the investor's perception of risk. Because my team specializes infinancing homes for affluent clients, we have access to financiers who understand your unique needs and offer attractive financing for luxury California properties.Still interested in getting thelowest California jumbo mortgage rates? Sign up for our rate alert system. We will automatically notify you when your rate reaches your desired level. Tosign up for the rate alert system, click here.For additional information, please contact Julie Cline at UMAX Mortgage California.Julie Cline, Branch ManagerNational Ethics Bureau MemberCalifornia Jumbo Mortgage Loan Specialistwww.UmaxMortgageCalifornia.com(866) 599-8480License #: 01743818UMAX Mortgage License #: 01824314 ...read more
By Preferred Realty Partners- California Reverse Mortgage Loans May 29, 2009
This offer has been extended to all mortgages with UMAX Mortgage California that fund by May 27, 2009. Julie Cline of UMAX Mortgage California is offering a $350 Appraisal Rebate Coupon. This rebate applies towards the cost of your appraisal for loans that fund before June 30, 2009. The actual appraisal cost will be reimbursed at closing up to $350. This rebate has no cash value, is not transferable, and does not represent an offer to lend. This offer is good at the Umax Mortgage California branch in Monrovia, CA only. We will offer one rebate coupon per customer in any 90-day period, and is open to qualified borrowers only. For additional information, please contact Julie Cline at UMAX Mortgage California. Julie Cline, Branch Manager National Ethics Bureau Member California Jumbo and Foreign National Mortgage Loan Specialist www.UmaxMortgageCalifornia.com (866) 599-8480 License #: 01743818 UMAX Mortgage License #: 01824314 ...read more
By Preferred Realty Partners- California Reverse Mortgage Loans April 29, 2009
No doubt about it - it's a buyer's market.With (a) alarge inventoryof available homes, (b) sellers willing tosweeten the dealand (c) access tocompetitive mortgage rates(even for homes in the $417,000 to $729,750 range) the Monrovia CA real estate market is the best we have seen in years. Before you call a real estate professional or begin searching for homes online,make sure you do not forget the critical 1st step. The 1st step to buying real estate in Monrovia, or anywhere else else in California for that matter, is toget your financing solidified. This step is typically accomplished by getting a mortgage pre-approval. What is a mortgage pre-approval, and why is it so important? Your mortgage professional prepares a pre-approval after analyzing your income, credit rating, and other factors. The mortgage pre-approval will tell you how much home you can afford. In today's market, the first question most Monrovia CA real estate professionals will ask is "Are you pre-approved?" Most real estate professionalsrequire a pre-approval letter before showing your available homes. If you have any questions about getting a mortgage pre-approval for your Monrovia California real estate, feel free to contact me. Julie ClineNational Ethics Bureau MemberCalifornia Jumbo and Foreign National Mortgage Loan Specialistwww.PreferredRealtyPartners.com(866) 599-8480 ...read more
By Preferred Realty Partners- California Reverse Mortgage Loans October 10, 2008
Are you looking to buy a house? When you go to look at houses, you will quickly see that realtors do not use street addresses as a method of identifying houses. They use an MLS number which allows them to quickly access information about a property for sale. Using a street address gives you some infor... ...read more
Finding the perfect place for your business can take a great deal of time and research. You may want to lease a building rather than rent it. Leasing a building helps you build equity in the building. Depending on your location, commercial property may be listed for lease differently than traditional ... ...read more