Eric's Daily Rate Watch 
October 11, 2011  -  8:39am PST    -   Refi Smarter, not Harder!   

The Smartest Way to Refinance!   

Watch today's video as Eric explains how to get the most out of your refinance. It's not all about monthly savings and interest rates - really?
Watch today's video as Eric explains how to get the most out of your refinance. It's not all about monthly savings and interest rates - really?

This will open in my YouTube page in separate window.  Be sure to come back to this page to read the rest of the articles below!

Today's Rates at a Glance
Pricing shown actually available at time of publication and may change up/down during the day.  Most loans can be "bought-down" further to lower rate. "Zero-fee" loans available.  Call for details.  

CONFORMING  ($417k or less - pmt based on $250k)
RATE       APR        P&I Pmt   
4.000       4.096       $1194        30yr Fixed 
4.125       4.416       $1212        30yr Fixed - 97%LTV with MI
4.500       4.598       $1267        30yr Fixed - 95%LTV - NO MI 
3.750       3.812       $1482        20yr Fixed
3.375       3.426       $1772        15yr Fixed  
4.375       4.438       $1248        30yr Fixed investment
10yr, 20yr, and 25yr Fixed available - Call for Details

2.750       2.826       $1021        5/1 ARM

3.000       3.045       $1054        7/1 ARM

3.750       4.314       $1158        30yr Fixed FHA 
3.250       3.736       $1157        5/1 ARM FHA
Fantastic pricing also available for VA & USDA
  

JUMBO  (above $417k - pmt based on $600k)

RATE       APR        P&I Pmt   
4.750       4.812       $3130        30yr Fixed Jumbo  
2.750       2.799       $2449        5/1 ARM Jumbo - WOW! 

3.125       3.178       $2570        7/1 ARM Jumbo - WOW! 

We have Jumbo Loans up to 90% loan-to-value

 

 
Current Product Offerings Include:

Purchase, Refinance, Construction, Commercial, Investment Property, Single & Multi-family, Conventional, FHA, VA, USDA, Cash-out, Streamline refi's, No-Cost refi's available ... and more ... And we lend our own funds for most of these loans (closing faster than brokers, big banks, credit unions with better rates)

 

Interest rates as of 11 October 2011 - 8:39am PST, and are subject to change without notice.  Please call for up-to-the-minute accurate quotes and Pre-Approvals.  Pricing based on a single-family primary residence and 25day lock in Oregon.  Washington rates "may" vary slightly.  FHA, USDA, VA rates factored on a middle credit score of 640 and 96.5% ltv for FHA and 100% ltv for USDA or VA.  USDA has income & property restrictions.  Lower credit score loans are possible under certain circumstances (call for details).  Conventional rates shown based on credit-score of 740 and 75% or less ltv, with impounds. Jumbo pricing based on 75% ltv (fixed) and 75% ltv (ARMs) with impounds.  Lower credit-score programs may be available at slightly higher rates.  Reduced or "no-cost" loans available upon request.  Other restrictions to any program may apply. This offer is not a firm committment to lend.  Individual program qualifications may apply.  Currently locked rates may be reduced if enough market improvement - call for details on our "floatdown" policy.

 
Call 503.698.5801 for program details and scenarios ... find out what you qualify for! 
TODAY'S NEWS HEADLINESwall street 2

 

Greece Likely to get Bailout Loans
 
Where to find 7% Yields
How Renters Could Save the Housing Market for rent
by Meg Handley, USNews

It might seem counterintuitive, but increasing rental activity might be the medicine the ailing U.S. housing market needs to get back on its feet.

 

Virtually every corner of the industry has been languishing since the 2008 financial meltdown, and experts say even if the U.S. manages to contain the domestic impact of the ongoing financial crisis in Europe, the albatross of a weak housing market will continue to drag down the economic recovery stateside.

 

In short, there will be no economic recovery without a housing recovery.

Full Story
Staging Enables Sellers to Portray "Lifestyle" to Buyers appraisal
by Jennifer Waters

Craig and Amy Smith always felt quite confident, even cocky in their abilities to tastefully design the spacious interior of their steel-and-concrete loft in downtown Denver.

That was until they decided to sell it and a consultant hired to help them "stage" their home told them to neutralize a dramatic accent wall, put away family photos, and place most of their furniture and artwork in storage. 
In This Issue
Today's News Headlines
How Renters Could Drive Housing Recovery
Staging Portrays "Lifestyle"
About Us
Our Client's Say it Best

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Eric clients rate him Excellent in Customer Satisfaction!!

(independent survey)

 

  
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Who We Are

Skyline Home Loans is a DIRECT LENDER.
This means we fund most of our loans through our own bank lines, have in-house underwriting & funding, along with very competitive terms and fees.  We have assembled one of the strongest teams in the industry, which allow us to provide outstanding customer service.

Whether you are purchasing your first home, or your 10th rental property, we are committed to explaining all the available options and ensuring a smooth & timely closing. 


What If I Lock and Rates Dip?
If you instruct us to lock your rate, and the next week the market improves enough, we may be able to reduce the rate we locked for you by re-negotiating with our investors. 

We are monitoring the markets in real-time EVERY DAY, so if a change occurs, we will notify you.  Any change does require enough market improvement (usually 1/4 - 3/8%) - call for details. 

Our Clients Say ... 

 

bullhorn

 

"You are my guy. I trust what you tell me"  Gary

 

"We appreciate how easy this process was"  K.L.

 

"Couldn't have asked for a smoother closing"  Mike

 

"I wish everyone I did business with demonstrated the same level of professionalism and competence"  David

 

"Easiest and least painful refi ... EVER"   Jim

 

"Thank you for listening, Eric"   Janet

 

"You are the best one out there.  Nobody else goes the extra mile like you do"

Realtor referral partner

 
Eric new photo 03012011Skyline HL Logoericnewman
Senior Mortgage Banker
 SKYLINE HOME LOANS
DIRECT  503.698.5801
           CELL 503.997.5285
           WWW.GONORTHWESTLOANS.COM
MLO-97776  ~ NMLS-12072               10121 SE Sunnyside Rd, Suite 230    Clackamas, OR  97015                      2010 GFE
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ERIC NEWMAN   mlo-97776

503.698.5801 direct      EMAIL ME

American Pacific Mortgage logo

4900 Meadows Rd, Suite 100, Lake Oswego, OR  97035

NMLS-1850/1053700   Equal Housing Opportunity    Not a commitment to lend     
 

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Eric Newman, mlo-97776

Branch Mgr & Sr Mortgage Banker CallNewman.com

Lake Oswego, OR

More about me…

American Pacific Mortgage, nmls-1850/1053700

Address: 4900 Meadows Rd, Suite 100, Lake Oswego, OR, 97035

Office Phone: (503) 698-5801

Email Me



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