- Name
- Maricela Rios
- Company
- All Pro Real Estate & Mortgage Inc.
- E-mail
- Contact All Pro Real Estate & Mortgage Inc.
- Website
- http://www.818home.com
- Office Phone
- (818) 448-1471
- Address
- 17622 Ventura Blvd, Encino, Ca, 91316
- Description
- Refinancing your current mortgage has never been easier. If you thought refinancing meant getting buried under mountains of paperwork, think again! We make it easy, and worry-free!! Call me right now!
About Us:
ALL PRO REAL ESTATE & MORTGAGE INC. |
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| Get the best mortgage loan for you when you decide to buy a home or refinance a mortgage, and we understand it's a big step. You can trust All Pro Real Estate & Mortgage Inc., to find the loan program that's best for you. We will consider all the factors and let you know what choices you have. We will shop all of our lenders for the best rate, price and cost. We work for you. Buying a new home is a source of anxiety, frustration -- and best of all a huge sense of accomplishment. You picked a house that's right for you! Trust our professionals to find the mortgage loan that best fits your needs. "Less paperwork and more personal attention" means you enter a frustration-free zone from application to decision. Getting the right mortgage loan is like getting the keys to your new house! We can help you get there. We at All Pro Real Estate & Mortgage Inc., want to help you make your newly found house into a home sweet home. | Refinancing your current mortgage has never been easier. If you thought refinancing meant getting buried under mountains of paperwork, think again! We make it easy, and worry-free. Maybe your lifestyle has changed. We can help you make adjustments to your loan that better fits your needs now. Let our professionals guide you to the very best loan product. All Pro Real Estate & Mortgage Inc., will work for your best interest. It's not just a promise - it's a fact, and our true commitment to you and your refinancing needs! |
Call Right Now - Our Staff Is Standing-By!(818)788-2000 |
Areas of Expertise
Facts about the 5 yr fixed pick a pay:
1) The note rate is fixed for 5 yrs, just like a standard 5/25
2) The note rate is comparable to what is normally the
margin + index (on a traditional option arm); but the
note is usually lower and has no adjustments
3) The borrower can pay the note rate Interest Only,
30 or 15 yr PI
4) The deferred payment, i.e. start rate is calculated interest
only and is usually comparable to the same payment
at 1.00% - 1.75% PI
5) The deferred payment is fixed for 5 yrs or 115% which
is about the 55th month
6) The 5 yr fixed pick a pay allows for 100% financing
vs. 90% on a traditional option arm
7) Borrowers that will take this program are those who
a) Want out of a moving index option arm, and/or
b) Cannot afford going rates starting at 6.50%
c) Need over 90% financing
Just like a standard 5 yr fixed – but
with 4 payment options!!!
Example: 500K, 80/20, SIVA, SFR, Owner Occ – 681 mid-Fico
5 YR FIXED NOTE RATE: 6.875%@par (comparable to a
traditional 5/25) = $2291 Interest Only
DEFERRED INTEREST RATE: 3.875% = $1291 per month
(FYI – 1.00% PI = $1286)
The borrower is deferring a FIXED $1000 per month
($2291 minus $1291) ► 12K per year
● In a slow California market researchers estimate that
homes appreciate 5.00%-7.00% per year
● 500K x 7.00% = 35K…..minus 12K deferred interest
► Equals 23K Gross appreciation
► Equals 13K Gross appreciation (@ 5.00%)
AND the borrower only paid $1291 per month for $400K
WHY WOULDN’T A BORROWER
TAKE THIS PRODUCT???
The 2ND MORTGAGE IS A FIXED 30/30 STARTING AT 11.99%
(100 CLTV) Based on 100K the payment is only $1027/mo.
Mortgages these days are NOT about rates
….they’re about payments, comfort regarding mortgage stability,
and overall investment outcome. This program offers all of these
necessities and more!!!
10-14 DAYS TURN-AROUND ON MOST “REFI” LOANS!!!
Welcome to California
California is the most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).
Area, 158,693 sq mi (411,015 sq km).
Pop. (2000) 33,871,648, a 13.8% increase since the 1990 census.
Capital, Sacramento.
Largest city, Los Angeles
Nickname, Golden State.
Motto, Eureka [I Have Found It]. 
State bird, California valley quail.
State flower, golden poppy.
State tree, California redwood Ranking third among the U.S. states in area, California has a diverse topography and climate. A series of low mountains known as the Coast Ranges extends along the 1,200-mi (1,930-km) coast. The region from Point Arena, N of San Francisco, to the southern part of the state is subject to tremors and sometimes to severe earthquakes caused by tectonic stress along the San Andreas Fault. The Coast Ranges receive heavy rainfall in the north, where the giant cathedrallike redwood forests prevail, but the climate of these mountains is considerably drier in S California, and S of the Golden Gate no major rivers reach the ocean. Behind the coastal ranges in central California lies the great Central Valley , a long alluvial valley drained by the Sacramento and San Joaquin rivers. In the southeast lie vast wastelands, notably the Mojave Desert, site of Joshua Tree National Park.
Rising as an almost impenetrable granite barrier E of the Central Valley is the Sierra Nevada range, which includes Mt. Whitney , Kings Canyon National Park, Sequoia National Park, and Yosemite National Park. The Cascade Range , the northern continuation of the Sierra Nevada, includes Lassen Volcanic National Park . Lying E of the S Sierra Nevada is Death Valley National Park. California has an enormously productive economy, which for a nation would be one of the ten largest in the world. Although agriculture is gradually yielding to industry as the core of the state's economy, California leads the nation in the production of fruits and vegetables, including carrots, lettuce, onions, broccoli, tomatoes, strawberries, and almonds. The state's most valuable crops are grapes, cotton, flowers, and oranges; dairy products, however, contribute the single largest share of farm income, and California is again the national leader in this sector. The state also produces the major share of U.S. domestic wine.  California's farms are highly productive as a result of good soil, a long growing season, and the use of modern agricultural methods. Irrigation is critical, especially in the San Joaquin Valley and Imperial Valley. The gathering and packing of crops is done largely by seasonal migrant labor, primarily Mexicans. Fishing is another important industry. California continues to be a major U.S. center for motion-picture, television film, and related entertainment industries, especially in Hollywood and Burbank. Tourism also is an important source of income. Disneyland, Sea World, and other theme parks draw millions of visitors each year, as do San Francisco with its numerous attractions. |
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