mortgage: Imperial County Loan Modification Success Tip - 01/15/09 09:23 PM
Frederic's Loan Modification Success TipGetting your loan modification proposal accepted. Click HERE to start SAVING money Now on your current mortgage. No Appraisal or Credit Report Required! Let's be very clear about things, make sure you represent the facts surrounding your debts and obligations correctly. You want to be honest with your lender at all times. In this loan modification success tip we'll talk about which monthly payments count as part of your loan modification debt-to-income ratio. This is a figure your lender will use to calculate your ability to "qualify" for the loan modification and repay the existing mortgage. Credit … (0 comments)
Today (July 14, 2008) is the day for the new HUD rules for risk-based UpFront Mortgage Insurance Premium (UFMIP) and Monthly Mortgage Insurance Premium (MMIP) go into effect. How will they affect you and your buyers seeking an FHA Loan? Recently, a client called and asked me several questions about various loan programs for our area. After a few moments of discussion I could see he really was gravitating toward a 100% loan program. Basically the only true 100%'ers still left are the VA Home Loan Program and the USDA Guaranteed Rural Housing Program. Yes, we can "technically" offer 100% loans varieties backed by … (0 comments)
mortgage: Imperial County California Foreclosure Sale List 05/04/08 - 05/04/08 06:20 PM
FREE Foreclosure Listings Imperial County, CA Looking for Foreclosure HELP - Click Here! Note: Trustee Sale notices are listed below and are sourced from public records which may not be accurate. Auctions are held at the Imperial County Courthouse, 939 Main Street, El Centro, CA at 2:00pm or 3:00pm. Check with the court clerk for exact date & time. Loan Amount is listed for reference only and sourced from the Notice of Trustee Sale. All details are subject to change without notice. BOOKMARK this site! Tell others about these listings, email it to your friends! *List is updated approximately every 10-14 business … (0 comments)
mortgage: Do you Mauldin? Thoughts from the Frontline Weekly Newsletter - 05/03/08 01:15 AM
Do you Mauldin? John Mauldin sends out a weekly newsletter called "Thoughts from the Frontline", which is a great overview of many technical aspects of the economy geared to the investor mindset. He often has guest writers and different contributors to his newsletters, therefore you will get to read some great investment insight as well as different perspectives about the economy, both domestically and globally. If you haven't heard of John Mauldin or his newsletter, I am enclosing the entire May 2, 2008 issue and including the subscription link so you too can receive his work too. While he writes on issues of … (0 comments)
mortgage: Imperial County Foreclosures Hit Record in April 2008 - 05/03/08 12:23 AM
Imperial County Foreclosures Hit Record in April 2008By Frederic A DinForeclosures hit a record high in April 2008 as Imperial County logged the largest amounts notices in both stages of foreclosure activity to date. According to data analyzed and reviwed from the Imperial County Recorders Office, Notice of Default filings or NODs were up 8% from last month and up 173% from the same time last year, April 2007. Notice of Defaults are the first official step in the foreclosure process and are usually sent to home loan borrowers after three or four monthly payments have been missed. "Typically lenders will send a … (1 comments)
mortgage: How much more do house prices have to fall before you buy? - 03/17/08 06:39 PM
How much more do house prices have fall? by Frederic A Din Over the past several months a question has popped up frequently and it's obviously on the minds of many, that question being, "Is this a good time to buy or should I wait for house prices to fall more?" In the March 2008 issue of my monthly mailed newsletter, Frederic's Home News, the article entitled "Shopping for a Home?" asks some probing questions of those desiring home ownership. The largest financial decision of your life needs careful consideration and preparedness, however I have found that many during the boom-cycle of the 2005-2006 did little more than want to sign a loan application and hope … (1 comments)
mortgage: Welcome to Heber, California - 12/19/07 11:57 AM
Heber, is a CDP (census designated place) and is a small farming community nestled a few miles south-east of El Centro, CA and a few miles north of Calexico, CA.
All data provided is according to the US Census Bureau and other public information sources For more information about Heber, CA or surrounding areas, please contact me www.homeloans.cc Zip code: 92249 Heber , uninc. town, CDP (2000 pop. 2,988), Imperial co., S Calif., 4 mi/6.4 km SE of El Centro, in irrigated Imperial Valley, 6 mi/9.7 km N of Mex. border; 32°44'N 115°31'W. Vegetables, tomatoes, sugar beets, melons, dates, corn, wheat, alfalfa; cotton; cattle, sheep. During … (0 comments)
mortgage: Mortgage Elimination - HELOC method, BiWeekly or Lump Sum? - 09/25/07 12:43 PM
Thank you to Stephanie in WA for asking some great questions in my Mortgage Elimination IV entry. So, I'm wondering - does the calculation actually assume extra principal payment, even after what would be needed to offset the higher variable interest rate? Say I have an average of $4000 to deposit and sit during the month, a new interest rate that is 8% instead of 6%, and enough money to equal one extra mortgage payment of $1200 per year on a $150,000 loan. Are you SURE that I'd save that much more money as opposed to having the smaller 6% interest … (3 comments)
mortgage: Mortgage Elimination - Part IV - 08/04/07 03:37 PM
Mortgage Elimination - Part IV As a consumer oriented residential mortgage professional, I believe in providing information that educates my clients. Some of my competitors may think that I am crazy for wanting people to learn about mortgage elimination since they perceive my job as soley originating mortgages, however my goal is to help my clients improve their financial situations in any way that I can. The goal of consumer education is more important to me than ever before given the current climate in the real estate industry. I strongly believe in the mortgage elimination strategy can work for many people and will post a … (4 comments)
mortgage: Mortgage Elimination - Part III - 08/04/07 03:33 PM
Mortgage Elimination - Part III As a consumer oriented residential mortgage professional, I believe in providing information that educates my clients. Some of my competitors may think that I am crazy for wanting people to learn about mortgage elimination since they perceive my job as soley originating mortgages, however my goal is to help my clients improve their financial situations in any way that I can. The goal of consumer education is more important to me than ever before given the current climate in the real estate industry. I strongly believe in the mortgage elimination strategy can work for many people and … (0 comments)
mortgage: Mortgage Elimination - Part II - 08/04/07 03:28 PM
Mortgage Elimination - Part II As a consumer oriented residential mortgage professional, I believe in providing information that educates my clients. Some of my competitors may think that I am crazy for wanting people to learn about mortgage elimination since they perceive my job as soley originating mortgages, however my goal is to help my clients improve their financial situations in any way that I can. The goal of consumer education is more important to me than ever before given the current climate in the real estate industry. I strongly believe in the mortgage elimination strategy can work for many people and … (1 comments)
mortgage: The Secret that Banks Fear - 08/03/07 11:55 PM
Banks fear we'll learn their secret... Your home does not belong to you, it belongs to your lender. Be smart. They are. If mortgage acceleration is right for you, let me teach you how to effectively reduce years off your mortgage and in the process save you tens to hundreds of thousands of dollars in interest. Last year, I wrote a review of a book, which is no longer available...the book was a comprensive guide to mortgage acceleration. From explaining the differnent types of mortgages available in todays market and how they work, to discussing the concept of mortgage elimination along with live … (7 comments)
mortgage: Are You Stuck with a BAD Mortgage? There is Hope! - 07/17/07 03:20 PM
Mortgage Money Meltdown ~ an investigative report by Frederic A Din, licensed mortgage professional Regardless of your credit rating you may have obtained a mortgage from a list of companies that are now defunct, but that's not the problem. Can you get out of your mortgage may be the actual issue at hand. The real estate industry frenzy since the turn of the century has aided the economy in terms of moving money forward, up and out of the recession from 09/11 and war. Record numbers of transactions in terms of both real estate sales and mortgages brought everyone out of the … (0 comments)
mortgage: Mortgage Elimination - Part I - 06/07/07 07:07 AM
Mortgage Elimination - Part I As a consumer oriented residential mortgage professional, I believe in providing information that educates my clients. Some of my competitors may think that I am crazy for wanting people to learn about mortgage elimination since they perceive my job as soley originating mortgages, however my goal is to help my clients improve their financial situations in any way that I can. The goal of consumer education is more important to me than ever before given the current climate in the real estate industry. I strongly believe in the mortgage elimination strategy can work for many people and will … (5 comments)
(Thank you to the West Shores Chamber of Commerce for providing this important information) Community The Salton Sea Communities offers a rich heritage of recreation, resort living, community services and public events along with residential, retail, and commercial growth. A brief History of the Salton Sea (you can read the entire history by visiting http://www.westshoreschamber.org/history.php) The Salton Sea was so named in 1905, but its history begins in the Salton Basin of ancient times - … (0 comments)
View Larger Map (Thank you to the City of Westmorland and Westmorland Chamber of Commerce for providing the information) For more information about the lovely City of Westmorland, contact me at Westmorland About Westmorland is located in the fertile Imperial Valley in Southeastern California. We are a small residential community that sits along state Highway 86. Westmorland is 12 miles south of the Salton Sea, 87 miles southeast of Palm Springs, 122 miles east of San Diego, 192 miles southeast of Los Angeles, 261 miles west of Phoenix, Arizona, and 31 miles north … (0 comments)
View Larger Map (Thank you to the City of Holtville and the Holtville Chamber of Commerce for providing this information) For more information about the City of Holtville, contact me http://www.homeloans.cc Holtville Holtville is a small town with a population of approximately 6,000 people. It is 120 miles east of San Diego, 225 southeast of Los Angeles, and 10 miles northeast of Mexicali, Baja California, Mexico. The summer weather in Holtville has an average temperature of 105 degrees. But in the winter, the … (1 comments)
(Thank you to the City of Calipatria and Calipatria Chamber of Commerce for providing this information) HISTORY& FACTS The City of Calipatria is located about 150 miles east of San Diego, 100 miles South of Palm Springs. The area is predominately agricultural. Calipatria is surrounded by various recreational activity locations. The Glamis Dunes located about 40 miles from the city is home to many off road enthusiasts. Rock collecting, deer and dove hunting are also nearby about 30 miles from the city in the Chocolate Mountain areas. Fishing, camping and birdwatching are a … (0 comments)
mortgage: Close More Listing Agreements with Mortgage Payment Deferral - 05/23/07 12:10 PM
Attention Real Estate Agents: Close More Listing Agreements with Mortgage Payment Deferral On your next listing appointment, set yourself apart from the competition. Tell your prospective listing client about Mortgage Payment Deferral, the program that lets them use the equity in their home to make the mortgage payment until their home sells. In the current real estate market, many homeowners are unable to make the mortgage payments on their home while they are trying to sell it. By offering them Mortgage Payment Deferral, you are giving them a powerful message that they haven't heard anywhere else. You are also giving them relief … (0 comments)
mortgage: Imperial County California Foreclosure Statistics Report 2 - 05/16/07 11:01 AM
Note: the purpose of the following foreclosure information is meant to educate, empower, and protect our homeowner communities. The data used for the statistics was sourced from public record documents, legal advertisements, title records, and lender notices. For more information about these statistics, contact me at www.homeloans.cc Imperial County Notice of Trustee Sale Historical Graph 1997 to 2006, includes 1st Qtr 2007 Imperial County Notice of Default vs Notice of Trustee Sale Graph 1997 to 2006, includes 1st Qtr 2007 Imperial County Foreclosure Statistics Report 2 - by Origination Vintage Imperial County Foreclosure Statistics Report 2 - by Funding Lender Analysis of Notice of Trustee Sale … (0 comments)
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Frederic's Loan Modification Success TipGetting your loan modification proposal accepted.
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