New no point no fee mortgage loan program available to California home owners! - 01/31/10 08:04 PM

 
We understand that saving money is the #1 reason people refinance.  We also understand how costly all of the closing costs can be.  We're consumers too!  Somehow we both need to find a way to make it work.  One option is our new no point, no fee mortgage loan program.

You can save tens of thousands of dollars in mortgage interest by locking in a low fixed rate today and depending on your time horizon if you choose this new no point no fee loan program you could pay no fees for your loan.  When we pay for a … (0 comments)

Hey North Carolina - HUD homes for sale at 50% off list price? Yes it's true! - 01/29/10 11:44 AM
Yes it is true!
HUD wants to make it clear that they appreciate the sacrifices and commitment to keeping communities strong throughout North Carolina. Law enforcement officers, teachers- pre-kindergarten through 12th grade, firefighters & emergency medical technicians can become homeowners through the Good Neighbor Next Door Sales Program sponsored by HUD while contributing to community revitalization.
 
A nice break for our police officers!
 

 
 
If you think about it this opportunity is better than buying a foreclosure!
 
 
HUD offers a discount of 50% from the list price of the home.
 

 
How it works
You … (6 comments)

Image of extreme destruction in San Diego left by recent storms - 01/28/10 11:08 AM
 
With all the news lately about the subzero weather and snow that the Midwest and east coast areas are experiencing, we shouldn't forget that Southern California has its share of devastating weather also.
This is a photo illustrating the excessive damage caused to a home from a west coast storm that passed through the San Diego area a week ago. It really makes you cherish what you have, and reminds us not to take life for granted.
 
 

 
 
I don't know how they'll get this resin chair back in the upright position!  My prayers go out to this … (16 comments)

What to Keep and For How Long? - 01/27/10 02:43 PM
 
Some of the simplest things get forgotten in our day to day tasks.  I read and really appreciated this blog post written by Cari and Doug Anderson.  It reminds me to get a little more organized and to pay attention to the small stuff.
 
Via Cari & Doug Anderson (Diversified Mortgage Group):
Most loan professionals have a standard checklist they give to their clients either before their initial meeting or at the meeting detailing specific financial documents they need to put together an initial loan file. In the past we've had many clients who simply cannot find last year's W2 … (0 comments)

Here is how to get the lowest rate and fees on a mortgage loan in California - 01/27/10 02:34 PM

If you want to get the lowest rate and fees on a mortgage then you have to understand how the fee game is played:
1) Mortgage rates change daily and sometimes several times a day. To learn more click here.
2) Every loan has fees.  
Third party vendors want to be paid for their services.  Loan officers and their company want to be paid for their services.  You will always pay for these services so the question is how?  A higher rate = less fees.  A lower rate = more fees.  You will not get the best rate paying … (3 comments)

Mortgage rates change daily - 01/26/10 12:46 PM
Interest Rates Change Daily
 

Interest rates change constantly, but it is important to know that rates are cyclical. If rates are currently at historical lows then we know there is a strong probability rates will go up again, and vice versa. Certain economic indicators such as unemployment data, consumer price index, retail sales data, and consumer confidence all have an effect on mortgage interest rates. But the key factor to watch is the relationship between stocks and bonds.When the economy is slow and the stock market is "bearish," many investors move money out of stocks and into bonds and … (2 comments)

How to get the lowest rate and fees on a mortgage - 01/26/10 12:37 PM

If you want to get the lowest rate and fees on a mortgage then you have to understand how the game is played:
1) Mortgage rates change daily and sometimes several times a day. To learn more click here.
2) Every loan has fees.  Third party vendors want to be paid for their services.  Loan officers and their company want to be paid for their services.  You will always pay for these services so the question is how?  A higher rate = less fees.  A lower rate = higher fees.  You will not get the best rate paying no fees … (1 comments)

Mortgage rates, mortgage calculators,homes for sale in Raleigh & Cary 1-25-10 - 01/25/10 12:02 PM
 
                                        Current mortgage rates

 
                                       Our mortgage calculators

 
 
                                   Homes for sale - Raleigh-Cary

 
Why mortgage rates change:  Mortgage rates are determined by the purchase and sale of mortgage backed securities aka MBS.  Mortgage backed securities are basically a lot of mortgage loans bundled up and sold as a security (bond).  When MBS are being purchased mortgage rates drop.  When MBS are selling off mortgage rates increase.  The reasons for this vary but more often than not when stocks are rising mortgage rates are likely rising too.  You see, bad news for … (1 comments)

I can't sell my home! Sure you can but only if you follow directions. - 01/25/10 09:36 AM
 
I can't sell my home, buyers aren't buying or it's the bad economy seem to be the key phrases from home sellers these days when their home doesn't sell.  Truth is those things have little to do with a home sitting on the market. I can't sell my home tells me that the seller did not listen to their agent or that they have not properly prepared their home for sale. 
I have successfully sold a multitude of homes all with a listing time of 45 days or less.  Did I list under the market?  Nope.  I made my properties … (5 comments)

Take advantage of no point no fee loans in Raleigh and Cary - 01/24/10 11:01 PM
If you call us you can have the opportunity to take advantage of no point no fee mortgage loans!

With mortgage rates so low now is the time to act and inquire about a refinance or home purchase.  You can save tens of thousands of dollars in mortgage interest by locking in a low rate today!  If you are searching for a home Craig Rutman can help you find it.  Click the home for Raleigh & Cary property search.  Click the house with rates to contact us for a quote or simply call 888-206-5781 x 1017. We've been in business … (0 comments)

Take advantage of no point no fee loans today! - 01/24/10 10:52 PM
 
If you call us you can have the opportunity to take advantage of no point no fee mortgage loans!

With mortgage rates so low now is the time to act and inquire about a refinance or home purchase.  You can save tens of thousands of dollars in mortgage interest by locking in a low rate today!  If you are searching for a home Jeff Dowler can help you find it.  Click the home for San Diego property search.  Click the house with rates to contact us for a quote or simply call 888-206-5781 x 1017. We've been in business … (0 comments)

Searching for townhomes in Carlsbad? We have them right here! - 01/23/10 09:35 PM
Portico at Rancho Carillo in Carlsbad boasts upscale attached townhomes in a gated Master planned community.  See all of the features and the location of these highly desirable townhomes.
 
                                  View Portico at Rancho Carillo
 
 
Compliments of Jeff Dowler  

 
 
Need to know what financing options are available?

Click the photo for financing info
 
 
In addition to townhomes Carlsbad has single family residences at great prices.  Inventory is shrinking so contact Jeff today and get into a home before the prices escalate!  You can find out more about Carlsbad's real estate market by … (2 comments)

Search for short sales in Downey and mortgage rates right here 1-22-10 - 01/23/10 06:37 PM

 
Click on the house below for current mortgage rates for Downey and Los Angeles County.  Short sales are dominating the first time home buyer market in Downey and many parts of Los Angeles.  A new homebuyer needs an agent that knows how to negotiate short sales and understands the contracts.
 


Andi Grant has years of legal experience.  Combine this with her real estate knowledge and you have a powerhouse agent that will get the job done.
 It's hard to find a great agent so give her a call today!
 
 If you're looking at homes for sale or short sales  in Downey or Los Angeles county, make sure you find … (2 comments)

Search homes for sale in Oceanside-Carlsbad and current mortgage rates - 01/23/10 01:17 PM
 
To search homes for sale in Oceanside, Carlsbad and throughout San Diego county all you have to do is click on the picture of the home below for San Diego county MLS.  If you want the most up to date mortgage rates click on the picture that says "rates". 
 
             Oceanside and Carlsbad homes for sale                            Current mortgage rates
 
 
 
The market is stabilizing which means that with a strengthening economy home values are  beginning to rise in Oceanside, Carlsbad and San Diego County.  … (0 comments)

Is your transaction a real estate fraud scheme? Part 8 of 8 - 01/22/10 02:21 PM
 
This series explained the most common types of real estate fraud but I'm sure there are new schemes being thought up all of the time.  I hope this series provided some insight on some of the crazy schemes being perpetrated and how to recognize them.
 
Below is a copy of a suspicious activity report which is filed by financial institutions when they suspect possible fraud.  Below that are links to the authorities that investigate real estate and mortgage fraud.
 


 
 
 
 
http://www.irs.gov/compliance/enforcement/article/0,,id=162992,00.html
 
 http://www.occ.treas.gov/sar.htm
 
http://www.fincen.gov/forms/bsa_forms/
 
http://www.marisolutions.com/
 
http://www.mortgagebankers.org/FBIMortgageFraudWarning.htm
 
http://www.interthinx.com/?gclid=CI-Tnrqg1p4CFQO2sgodnhF4rQ
 
http://www.radian.biz/about/index.aspx
… (7 comments)

New FHA rules in a nutshell - 01/21/10 07:05 PM
 
 
Changes are effective for case numbers assigned on or after April 15th, 2010. New upfront mortgage insurance premium (UFMIP) will be 2.25% for all purchase and refinance loans. The premium for H4H and HECM is 2.0%. H4H = Hope for Homeowners HECM = Reverse mortgages This change applies to all standard FHA Single Family Programs except the following: Title I, Section 247-Hawaiian Homelands, Section 248-Indian Reservations, Section 223e-Declining Neighborhoods or Section 238c-Military Impact areas in Georgia and New York.  
… (2 comments)

Is your real estate transaction a fraud scheme? Part 7 of 8 Reverse mortgage schemes Stealing from seniors - 01/21/10 11:18 AM
 
Reverse Mortgage Fraud Schemes
Senior citizens are being defrauded by exploiting reverse mortgages (AKA Home Equity Conversion Mortgages- HECMs).  The perpetrators include unscrupulous real estate agents, loan counselors, loan officers, mortgage companies, investors, builders, appraisers and even developers.
 

 
The scheme-
Senior citizens are recruited through television, radio, billboard, and mailer advertisements, to commit the fraud primarily through equity theft, foreclosure rescue, and investment schemes. Equity theft schemes are the most common method used by mortgage fraud perpetrators. 
 
With the help of straw buyers, the perpetrators withdraw “false equity” from properties.  Using county deed … (2 comments)

Encinitas & Carlsbad homes for sale with current mortgage rates 1-20-2010 - 01/20/10 03:35 PM
To search homes for sale in Encinitas, Carlsbad and throughout San Diego county all you have to do is click on the picture of the home below for San Diego county MLS.  If you want the most up to date mortgage rates click on the picture that says "rates". 
 
             Encinitas and Carlsbad homes for sale                            Current mortgage rates
 
 
 
The market is stabilizing which means that with a strengthening economy home values are  beginning to rise in Encinitas, Carlsbad and San Diego County.  Encinitas … (3 comments)

Is this too good to be true? - 01/20/10 12:45 PM
Now you can afford a home!  

 
Here is a REAL solution!
 
 
    Keep 100% of every paycheck free from federal witholding & payroll taxes
    Shut down the IRS forever
    Tax drug dealers, illegal immigrants and others who do not contribute
    Close the loopholes that the wealthy use to manipulate the tax code and escape their fair share
    Pay your taxes when you choose
    End business taxes
 
 Is this too good to be true?
 
    NO! 63 members of the United States Senate and House of Representatives support it.
    … (9 comments)

First time homebuyer programs in California - 01/20/10 10:24 AM
 
 
What are first time home buyer programs and how do they benefit the first time homebuyer?

 
The only first time home buyer "benefits" I am aware of is the tax credit and California's state housing assistance grants. (And other states too_of course!) Other than these there is no special provision for a first time home buyer and some of the lenders who advertise first time home buyer programs aren't even familiar with the state grants.
* The few actual programs that are limited to first time home buyers limit the amount of income you can make and limit the purchase price.  
* Whether you are a first … (0 comments)

Is your transaction a real estate fraud scheme? Part 6 of 8- Bankruptcy & Arson - 01/20/10 09:12 AM
 
Foreclosure Rescue - Bankruptcy 
 
Bankruptcy courts are being used to defraud homeowners facing foreclosure.
 
How it works:
Distressed homeowners are lured through advertisements that claim to assist them from losing their home.  The homeowner pays a non refundable up-front fee, typically ranging from $200 to $1,000.  In many cases the homeowner is convinced to stop talking to their lender and told they must make regular monthly payments to the Rescuers.
The Rescuers direct the homeowner to complete the necessary paperwork which includes signing a bankruptcy petition. 
 
 
This gets filed with the homeowner's name using … (2 comments)

What is this 90 day FHA flip rule all about anyway? - 01/19/10 11:38 AM
 

The FHA 90 day flip rule
 
To understand it you have to go back to 2003 when HUD provided Mortgagee letter 2003-7 to combat predatory practices known as "Property Flipping".
On May 1, 2003, the Department of Housing and Urban Development published a final rule in The Federal Register amending the mortgage insurance regulations to prevent the practice of flipping on properties that will be financed with Federal Housing Administration (FHA) insured mortgages. 
Property flipping is a practice whereby a recently acquired property is resold for a considerable profit with an artificially inflated value, often abetted by … (6 comments)

Is your real estate transaction a fraud scheme? Part 5 of 8 - 01/19/10 10:34 AM
 
           Builder-Bailout - Condominium Conversion
 
During the housing boom, many apartment complexes were purchased by developers and contractors.  They purchased these apartment complexes and converted them into condominiums.  When the housing market began to decline, developers had excess inventory of units that they couldn’t sell.
 

 
A couple of ways builders will try to encourage investors to purchase their units is by offering cash-back at closing and paying their HOA dues. Since buyers purchased the condos as investment properties developers and contractors claimed that they would find renters and manage the property including collecting rent from the … (4 comments)

Encinitas real estate search and mortgage rates 1-19-2010 - 01/19/10 10:31 AM
Encinitas real estate is some of the most sought after real estate in the country.  We can help you get into a home and our low mortgage rates will help you afford it!  Whether you make a large income and are looking for a jumbo loan or a first time homebuyer looking for a low down payment loan we can help! 
We also have aggressive financing for our veterans utilizing their VA loan guarantee benefits.  To begin your Carlsbad real estate search click on the house below.  If it's mortgage rates you want click on the house that says "rates".
 
… (0 comments)

Carlsbad real estate search and mortgage rates 1-18-2010 - 01/18/10 08:18 PM
Carlsbad real estate is some of the most sought after in the country.  We can help you get into a home and afford it!  Whether you make a large income and are looking for a jumbo loan or a first time homebuyer looking for a low down payment loan we can help!  We also have aggressive financing for our veterans utilizing their VA loan guarantee benefits.  To begin your Carlsbad real estate search click on the house below.  If it's mortgage rates you want click on the house that says "rates".
 
With home values down and mortgage rates historically low … (1 comments)

Is your transaction a real estate fraud scheme? Part 4 of 8 - 01/18/10 11:44 AM
 
Credit Enhancement Schemes
 
There are several ways to perpetrate credit enhancement schemes.  One of the most common is when a loan officer and home builder encourage borrowers to have their names added to the bank accounts of friends or family members temporarily to make it look like they have the necessary funds for deposit.
 
In some cases where the home buyer doesn’t have enough assets to qualify for a mortgage the loan officer and/or home builder will deposit money into their bank account to make them look like they qualify. Once the loan funds and it closes, the … (4 comments)

Is your transaction a real estate fraud scheme? Part 3 of 8 Short Sale Schemes - 01/15/10 01:51 PM
 

Mortgage Fraud Short Sale Schemes
 
Short sale fraud schemes are used in combination with foreclosure rescue schemes to steal from homeowners and financial institutions. 
 
How it works:
Real estate agents are paid referral fees by the perpetrators for locating and soliciting homeowners undergoing foreclosure. 

The homeowner enters into an agreement with the perpetrators deeding their property to them in the form of a land trust.  The homeowner is listed as the beneficiary of the trust and the real estate agent is listed as the trustor. 
 
 
The perpetrators then negotiate a short sale with … (9 comments)

Low mortgage rates make it easy to afford homes for sale in Carlsbad! - 01/14/10 08:34 PM
 
The low mortgage rates in the market today could save homeowners tens of thousands or even hundreds of thousands of dollars over the term of their loan.  This allows current home owners the ability to sell their current home and upgrade to a newer or larger home with practically the same payment!  If you are searching homes for sale in Carlsbad and surrounding areas you can see for yourself:
 
                 Click for current rates                               

 
 
 
We're a low cost  direct lender that … (1 comments)

Is your transaction a real estate fraud scheme? Part 2 of 8 - 01/14/10 09:33 AM
 
Mortgage fraud is split into two categories - 
 
Fraud for property -    and Fraud for profit  
 
Fraud for property - Fraud for property entails misrepresentations by the buyer(s) for the purpose of buying a home as their primary residence. This fraud scheme usually involves a single loan. Although buyers may lie about their income and conceal debt, their intent is to repay the loan.  Rising home values of past made it hard for people to qualify for home loans and are considered the main reason for why this kind of fraud was so common.
 
Fraud for … (6 comments)

Carlsbad homes for sale and mortgage rates 1-13-10 - 01/13/10 10:19 PM
Search homes for sale using MLS provided by Jeff Dowler of RE/MAX!  To get current mortgage rates click on the picture that says "Rates".
 

Jeff Dowler is Carlsbads best agent!
A
 
 
Mortgage Rates  
Carlsbad-One of the best places to live in the nation
Why should you consider Carlsbad when searching homes for sale?
In 1997 Fortune Magazine rated Carlsbad as one of the nation’s five best places to retire. "An affordable Southern California dream lifestyle is still available in about one place: Carlsbad," the magazine states. Fortune pointed out that Carlsbad has ample open space, a … (3 comments)

Is your transaction a real estate fraud scheme? - 01/13/10 10:58 AM
Real Estate Fraud Schemes –Part 1 of 8 for Agents, Buyers & Sellers
Real estate agents and other real estate professionals may not realize that their transaction is a fraud scheme. I recently compiled the most common types of fraud from the FBI and IRS to create this blog series.  During the making of this blog series I have noticed that many of these schemes include inflated appraisals.  Although I dislike HVCC I am beginning to understand why it was implemented so forcefully. I hope you learn as much as I have and that this series proves useful in helping you … (8 comments)

Search homes for sale in Carlsbad and get current mortgage rates here - 01/07/10 02:08 PM
Search homes for sale using MLS provided by Kim Carlson Prudential!  She has over 25 years real estate experience in Northern San Diego.  To get current mortgage rates click on the picture that says "Rates".
 

Kim Carlson is Aviara's best agent!
Aviara is a gated community set in the hills of South Carlsbad with views of the ocean and Batiquitos Lagoon. The Four Seasons Hotel, Aviara Golf and Country Club and the abundance of Jacaranda trees add to the desirability of this community. To preserve quality of life, the community council has numerous stringent ordinances.  Before searching homes for … (0 comments)

Home search Carlsbad, Del Mar and get current mortgage rates 1-7-10 - 01/07/10 09:45 AM
Start your Home search in Carlsbad, Del Mar and throughout San Diego county by clicking on the picture of the home below for Coastal San Diego county MLS.  Compliments of Jeff Dowler.  If you want current  mortgage rates click on the picture that says "rates".
 
 
                                        Search homes for sale

 
Get current mortgage rates

 
 
Del Mar Real Estate Market Report   Starting a home search without a pre approval is unproductive.  You need to know what a bank will lend you before you start the home search!
 
Shopping mortgage rates to finance a … (2 comments)

Search homes for sale in Astoria, Seaside and mortgage rates 1-6-10 - 01/06/10 05:38 PM
Search homes for sale in Astoria, Seaside and throughout Clatsop county by clicking on the picture of the home below for Clatsop county MLS.  Compliments of Jenni Clark.  If you want the most up to date mortgage rates click on the picture that says "rates". 
 
Search homes for sale

 
Get current mortgage rates

 
If you are shopping mortgage rates to finance your home in Astoria/Seaside:
 
being misled! 
 
Advertised mortgage rates are usually out of date because mortgage rates change daily. Sometimes a few times a day.  It's impossible to ask for rate quotes from … (0 comments)

Search homes for sale in Carlsbad Encinitas and mortgage rates 1-6-10 - 01/06/10 03:01 PM
Search homes for sale in Carlsbad, Encinitas and throughout San Diego county by clicking on the picture of the home below for Coastal San Diego county MLS.  Compliments of Jeff Dowler.  If you want the most up to date mortgage rates click on the picture that says "rates". 
 
 
                                        Search homes for sale

 
Get current mortgage rates

Carlsbad Real Estate Market Report  
If you are shopping mortgage rates to finance your home in Carlsbad/Encinitas:
 
being misled! 
 
Advertised mortgage rates are usually out of date because mortgage rates change daily. Sometimes a few times … (0 comments)

Search homes for sale in Raleigh, Cary and mortgage rates 1-6-10 - 01/06/10 02:42 PM
Search homes for sale in Raleigh, Cary and throughout Wake county by clicking on the picture of the home below for Wake county MLS.  Compliments of Craig Rutman.  If you want the most up to date mortgage rates click on the picture that says "rates". 
 
 
                                        Search homes for sale

 
Get current mortgage rates

 
 
If you are shopping mortgage rates to finance your home in Cary:
 
being misled! 
 
Advertised mortgage rates are usually out of date because mortgage rates change daily. Sometimes a few times a day.  It's impossible to ask for … (1 comments)

Homes for sale in Encinitas, Carlsbad and mortgage rates 1-5-10 - 01/05/10 03:16 PM
To search homes for sale in Encinitas, Carlsbad and throughout San Diego county all you have to do is click on the picture of the home below for San Diego county MLS.  If you want the most up to date mortgage rates click on the picture that says "rates". 
 
 
                                        Search homes for sale

 
Get current mortgage rates

 
View Encinitas Real Estate Market Report
 
If you are shopping mortgage rates to finance your home in Encinitas:
 
being misled! 
 
You often see mortgage rates being advertised but mortgage rates change daily and often … (5 comments)

Homes for sale in Raleigh Cary and current mortgage rates 1-5-10 - 01/05/10 10:34 AM
To search homes for sale in Raleigh, Cary and throughout Wake county all you have to do is click on the picture of the home below for Wake county MLS.  If you want the most up to date mortgage rates click on the picture that says "rates". 
 
 
                                        Search homes for sale

 
Get current mortgage rates

 
 
If you are shopping mortgage rates to finance your home in Cary:
 
being misled! 
 
You often see mortgage rates being advertised but mortgage rates change daily and often a couple of times during the day.  It's … (0 comments)

Homes for sale in Bellevue and current mortgage rates 1-5-10 - 01/05/10 10:00 AM
To search homes for sale in Bellevue, Medina and throughout King county all you have to do is click on the picture of the home below for King county MLS.  If you want the most up to date mortgage rates click on the picture that says "rates". 
 
 
                                        Search homes for sale

 
Get current mortgage rates

 
 
If you are shopping mortgage rates to finance your home in Bellevue:
 
being misled! 
 
You often see mortgage rates being advertised but mortgage rates change daily and often a couple of times during the day.  It's … (0 comments)

Homes for sale in Astoria and Oregon mortgage rates 1-4-2010 - 01/04/10 10:59 AM
If you're searching homes for sale in Astoria Oregon then there's two things you need to do before making an offer to purchase:
1)  Get pre approved  2)  Find a buyer agent to show you properties and represent you

 

              Jenni Clark of RE/MAX River & Sea can help you find your perfect home!

 Click her photo to send her an e-mail
 
 
 
Click on the house below for current Oregon  mortgage rates for Astoria, Seaside and Clatsop County.  Advertised mortgage rates normally aren't accurate because mortgage rates change daily.  Sometimes they'll change several times … (2 comments)

 
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Nevin Williams, San Diego's best mortgage pro!

Carlsbad, CA

More about me…

First Priority Financial, San Diego jumbo & conventional

Address: 5360 Jackson Drive, Suite 220, La Mesa, CA, 91942

Office Phone: (888) 206-5781 x 1017

Cell Phone: (619) 438-0870

Email Me

WEBSITE IN LINKS SECTION BELOW

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3700 Hilborn Road #700 Fairfield CA 94534

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5360 Jackson Drive Suite 220 La Mesa CA 91942

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