By MIke Young Team of CA LLC March 15, 2015
I see business with Pacific Mortgage Consultants in a different light than the typically client. I am a consultant and work for the same clients on renovation loans. I have been most impressed with the management and Mike O'Reilly who runs this organization. Very professional well put together and his staff is fantastic to deal with. ...read more
By xiaoquanyang July 28, 2013
When I confronted her, she told me she did not charge me anything, only bank charged me. She is such a liar!! According to her, she has a lot of connections in Loan Companies, but when my loan was stuck there while the seller agent pushing us for an answer, she could not do anything, she just brags. Never go to her!!! ...read more
By xiaoquanyang July 28, 2013
The lady called Beatrice Tao did not advice me that a 15 and 10 years loan can save me a lot of interest! I am a first time home buyer who doesn’t know anything. I thought if I borrow 15 years loan instead of 30 years, my mortgage will be doubled, but that’s not the case, I only have to pay 20% more mortgage if I use 15 years loan. I mistrusted her and signed everything she gave me. As a loan agent she supposes to inform me all the available options and explain, but she didn’t tell and explain these kind of thing to me at all. I highly speculate that she could make more money on a 30 years loan than a 15 or 10 years! That’s why she didn’t not mention anything about the other choices! If that’s the case, she has no work ethic! Now I have to suffer from paying about $200 extra every month because of the 30 years loan. Also, according to another loan agent, she overcharged me $2000 extra for the service, and she told me she only charged me a few hundred. When I confronted her, she told me ...read more
A reverse mortgage is a way for senior citizens to earn monthly income against the value of their home that is paid off in full. If the applicant then wants to resolve the reverse mortgage, they will need to pay off the total amount of payments, or take out a traditional mortgage in order to stop the ... ...read more
We pay interest on real estate loans for the same reason we pay interest on other loans: because borrowing someone else's money is a convenience. And we pay interest on borrowed money because someone took a risk in lending it to us and allowing us to pay it back over time. To avoid this, you must buil... ...read more