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california refinance: How to save for the downpayment - 02/12/09 10:55 AM
I received a call yesterday from a borrower with an interesting situation that I thought I would share. For the last 2 years she has been working on improving her credit scores and reducing her debt. She started with a 420 credit score, and today is enjoying a 640 mid credit score. She wants to buy a home in her area, because her current rent payment is nearly equal to what a California home loans payment would be for the price of a home she's interested in. Her income is solid, her debt is low, but she does not have any … (0 comments)
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california refinance: Get off the Fence! - 11/28/08 02:20 AM
I had a conversation with a client of mine that many of us are going through. He contacted me yesterday to wish me a happy thanksgiving, and to ask when I felt the bottom of the California real estate market would be. I told him that there is money pumping into the credit sector now, and that prices have already come down substantially in the last year. I told him he should take advantage of a sub 6%, 30 year fixed interest rate market, and get off the fence. He seemed to believe that prices will come down even further, and … (0 comments)
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california refinance: Confidence in your team leads to Success - 11/06/08 03:41 PM
A loan processor friend of mine, I'll call her Lisa, shared a story with me yesterday, about a mortgage broker that had a meltdown. I thought the lesson learned applies to everyone in the real estate and mortgage industry, so I will share it. Up through 2008, this mortgage broker, I'll call him Sam, had a thriving business. He employed 30 solid producing loan officers, and enjoyed having a fruitful business. As the market changed in 2007, Sam began to lose loan officers, and is currently down to 4 or 5. He hired Lisa, about 6 months ago, to be his … (2 comments)
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california refinance: Social Bookmarking and Internet Marketing question - 10/29/08 02:53 PM
I am new to blogging and social networking. My question is to all of you that are much more familiar with this technology than myself. I am starting to see that for the mortgage and real estate industry, taking advantage of the social networking websites can be very advantageous. I was thinking of setting up profiles on the major social networks, ie.,( facebook, myspace, trulia, zillow, mortgagefit, activerain, localism, etc...) Then incorporating some sort of tool, where I can distribute my blog posts to all of my profiles on all of my social network pages, once I post it. My questions … (9 comments)
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california refinance: California Real Estate - The 7 things you must know before you buy - 09/18/08 09:46 PM
This is a helpful list of things to consider. Before putting all your money into mortgage payments, pleaseconsider the following 7 important issues. By considering these important financial issues, you will be able to make your payments work much harder for you.1. Get pre-approved BEFORE you look for your new home.Of all the steps to do before you buy a home, the pre-approval part is the easiest. One of it's benefits: It will give you complete peace-of-mind while you are looking for a home. The best part, it's usually free. Your California mortgage lender can give you a written pre-approval with … (3 comments)
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california refinance: California Refinance Mistakes to Avoid! - 09/16/08 08:55 PM
1. The new interest rate does not justify the refinancingBefore you go ahead and refinance your California mortgage, you have to make sure that the change will save enough to justify the whole process of refinancing. As a rule, if the interest rate does not decrease by at least .0075 (.75 %) to .01 (1%) the refinancing is probably not a good move.2. Not knowing your real closing costsClosing your California mortgage is usually a charged service. By law (in the United States), closing costs must be disclosed within 3 working days of the loan application. Each lender has its own … (0 comments)
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california refinance: Don't Believe Every California Mortgage Interest Rate You See - 09/16/08 08:19 PM
Don't Believe Every Rate You See!
If you're a savvy consumer, I'm sure you've seen many nationally-branded companies advertising ridiculously low rates. Despite the fact that rates have hovered near extraordinary lows for an extended period of time, many of the largest national lenders routinely tout rates that simply seem "too good to be true."
In fact, they are exactly that, at least for the overwhelming majority of borrowers. Certain nationally advertised companies also promote incredibly low closing-cost fees. Don't get sucked in, though, and don't believe the hype... these advertisements are, in fact, not credible at all.
The average consumer … (0 comments)
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California Home Loans | Mortgages | Refinance | Joe Almirantearena
Fresno,
CA
More about me…
http://www.findmyloanonline.com
Address: http://www.findmyloanonline.com, CA
Office Phone: (800) 785-4952
Cell Phone: (800) 785-4952
Email Me
I have included helpful consumer information about California home loans I've collected, and tried to add interesting subjects that all of you are thinking about. Enjoy the topics. 
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