refinance: Conforming Loan Limit to $725,000 For California? - 01/25/08 05:38 PM
I can't stress the importance of increasing the Conforming Loan Limits in high cost areas, such as California.
Below is a letter to California Association of REALTORS® members, on behalf of it's President, William E. Brown.
Please get the word out there on the importance of this matter, as it will help the California housing market recover … (3 comments)
|
refinance: Oak Valley Mortgage Realtor Testimonial - 06/13/07 06:55 AM
Virgil Cole with Keller Williams in Chico, California gives a testimonial about his experience as a Realtor, working with Scott Gormley and Oak Valley Mortgage. I'm looking for great Realtors across the California that are looking for a straightforward, no hassle lender that keeps clear lines of communication … (4 comments)
|
refinance: Understanding Adjustable Rate Mortgages - 04/29/07 09:05 PM
Understanding Adjustable Rates
Many homeowners are noticing that they should get out of their adjustable rate mortgages and into a fixed rate to protect themselves and their families from increasing rates and payments on their adjustable rate mortgages. I highly recommend speaking with a mortgage professional that can guide you through your … (5 comments)
|
refinance: We Hate Our Mortgage Servicer and Want to Refinance NOW! - 03/29/07 01:52 PM
I don't know why, but I've had several clients over the past few months that have had bad experiences with the mortgage companies that are servicing their existing home loans. So, these borrowers contact me, wanting to refinance and get away from the headache. They then tell me to obviously not … (16 comments)
|
refinance: Movin and Shakin - 03/05/07 03:36 PM
There's been a whole lot of movin and shakin goin on in the mortgage industry since the beginning of 2006 and homeowners and those in the Real Estate business are going to be feeling the effects of it soon. To date, 31 major mortgage lenders across the United States have gone … (1 comments)
|
refinance: Where's the Benefit? - 02/13/07 11:10 AM
On December 15th of 2006, Bryant Tutus, wrote a blog on the Real Estate Network "Active Rain" labeled, "Your home is your castle, not an ATM machine!"
Broker Bryant brings up many good points within the article, explaining the cycle that many homeowners get caught up into when refinancing their homes. Many ads … (8 comments)
|
refinance: The Power of "Truth" and Seeking to Understand Your Clients! - 01/22/07 08:51 PM
I don't understand why many in my industry can't grab onto the "Power of Truth" and the need to understand a clients' needs! I have received several new calls this week from new and potential clients that are looking to refinance their homes from their once "all time low" payment to … (1 comments)
|
refinance: Home Loan Documentation Types - 01/16/07 11:56 AM
Are you wondering what types of documentation loans are available? Banks and investors have come up with a variety of loan types to help borrowers qualify easier into home loan and refinance products.
While some may be worried about being able to qualify for a home, you'll be amazed at the … (8 comments)
|
refinance: Are You Feeling Lost With Your Current California Home Loan? - 12/26/06 11:56 AM
Are you feeling lost with your current California Home Loan? You don't know when your home loan is about to adjust...But, you know it's soon! You don't know when it is going to "flip to an adjustable rate." You don't know when the prepayment penalty is over from your previous refinance.
Don't … (0 comments)
|
refinance: Going to bat for clients! - 12/15/06 05:19 PM
Each and everytime we get a new client at Oak Valley Mortgage or Beach Town Mortgage, we go to bat for our clients! What does that mean? Here's a list of things that you can expect from us...
1.) We look out for YOUR BEST INTERESTS! I.E. What are your goals? What are you … (2 comments)
|
refinance: Going Beyond "The Rate..." - 12/14/06 11:56 AM
Everything in the mortgage industry is geared towards the rate. What are your rates? Who has the best rates? What are the rates doing?
I'm here to tell you that the mortgage industry goes far beyond what the rate is. The rate is just a number! Yes, a number the ultimately determines … (21 comments)
|
refinance: Protecting Your Clients Private Information! - 11/27/06 09:58 AM
Working in the lending business, there is a major topic that must be talked about. What is it? Your client's privacy. I had a client say to me the other day, "wow, you know more private information about me than my partner now!" To which I replied, "and you can feel … (5 comments)
|
refinance: Giving Clients a Shot of Reality! - 11/13/06 12:22 PM
From time to time, I feel like I need to give clients a "shot of reality!" Why? All consumers are out there listening to crazy, unrealistic offers in the media about home loan programs that few often qualify for....and the ones that do, often don't want the product to begin with! Ofcourse, everyone … (8 comments)
|
refinance: Do You Know Everything? - 10/27/06 11:49 AM
I don't claim to know everything. In fact, you can't know everything! The President has advisors as do other major figures. This is why I love Active Rain. I'm straightforward with my clients "from the get go" and let them know that if I don't have an answer to their question, … (0 comments)
|
refinance: Baby, I Need Your Lovin! - 10/25/06 01:42 PM
I admit it, I'm on a baby binge. My whole life right now, is focused on babies! Babies in the mall, babies at the grocery store, babies on television...Yup, babies, babies, babies....We have our first one on the way in a few weeks and I'm gearing up for it! Am I … (2 comments)
|
refinance: Signing Loan Docs - 10/19/06 01:08 PM
I'm sure both consumers and Real Estate professionals can identify with this topic, "Signing Loan Documents!"
Have you ever looked through an entire set of disclosures and gotten lost on sentence 2? I believe that the documents are designed in such a way that they know by human nature, you won't read through … (1 comments)
|
refinance: Market Update For Monday 10/16 - 10/16/06 03:05 PM
Mon Oct 16th Market DirectionRates areMoving slightly lower Rate VolatilityLow Interest Rate TrendsLong Term (4-6 weeks)Up Short Term (1-2 weeks)FlatMortgage Point ChangeSecurityChange30 Year Fixed-.115 Year Fixed-.1 U.S. Treasury RatesSecurityChangeYield30 YR Bond-.024.91%10 YR Note-.024.78%National Average Mortgage RatesWeek Ending Oct 12 2006 12:00AMMortgageRatePoints30 Year Fixed6.37%.515 Year Fixed6.06%.51 Year Adjustable5.56%.7Key Interest Rates1 Year T-Bill4.9%11th District COFI4.18%Prime … (0 comments)
|
refinance: Monkeying Around - 10/10/06 11:33 AM
Keeping clear lines of communication open with everyone involved in a transaction can make all the difference with it going smoothly and successful or falling apart before your eyes. But when both Real Estate professionals and/or clients start monkeying around and not telling you the truth only to be found out … (9 comments)
|
refinance: Are Loan Officers Really Villains? - 10/02/06 08:00 AM
After reading the post by Derek and Mariana Wagner and noticing that Loan Officers were number 2 on the top 5 list of people that people hate to deal with, I cringed! I thought to myself, "ME?" Is that the persona that I want placed on myself? Holding a stick of … (6 comments)
|
refinance: California Home Loans~100% in 1 Loan with NO MORTGAGE INSURANCE! - 10/01/06 10:50 AM
Hey California!
Are you tired of your second mortgage with a high interest rate?
Are you looking to get 100% financing with 1 loan and NO PRIVATE MORTGAGE INSURANCE?
Give us a call and we'll see if your scenario matches some of the great new home loans products that have just … (1 comments)
|
;)
;)
