vitek: VETERANS DAY 2012 OFFERS FREE MEALS FOR VETS - 11/04/12 03:57 PM
VETERANS DAY 2012 OFFERS FREE MEALS FOR VETS.
Sunday, November 11, 2012 is Veterans Day. To help celebrate the occasion, many National Restaurant Chains are offering Free Meals or other discounts to our Veterans. Here's a list of several of them. Be sure to check the dates of the offers.
 
APPLEBEE'S
Sunday, November 11 you will be able to choose from a limited Veterans Day Menu. Dine in only and does not include beverages and gratuity.
 
 
OLIVE GARDEN
Sunday, November 11 you can choose from several entrees along with baked garlic bread sticks and choice of … (9 comments)

vitek: DOWN PAYMENT ASSISTANCE IS VERY POPULAR IN ROSEVILLE, CALIFORNIA. - 07/01/12 04:25 PM
DOWN PAYMENT ASSISTANCE IS VERY POPULAR IN ROSEVILLE, CALIFORNIA.   Moderate Income Buyers can now receive Down Payment Assistance for their Home Purchases using FHA Financing through VITEK Mortgage Group.  Saving funds for a down payment has always been a challenge and this can delay a buyer’s ability to qualify for a new home mortgage while interest rates and prices are still low.
FHA Home Loans require a 3.5% down payment.  These funds must come from the buyer’s funds, a gift from a Relative, a loan or withdrawal from the buyers 401K or other retirement account, or from an approved “Down Payment … (2 comments)

vitek: CalPERS MEMBERS NOW ELIGIBLE FOR DISCOUNTS IN ROSEVILLE, CALIFORNIA. - 06/27/12 07:41 PM
CalPERS MEMBERS NOW ELIGIBLE FOR DISCOUNTS IN ROSEVILLE, CALIFORNIA.  California Public Employees can now take advantage of substantial discounts on Lender Fees when they purchase a home or refinance their existing mortgage.  VITEK Mortgage Group, a Direct Lender in Roseville, California, is now offering CalPERS Members a rare opportunity to save 50% off the normal lender fees.  Combined with historically low interest rates and the lowest home prices in years, the cost of home ownership has just taken a turn for the better.
These Lender Discounts can be applied to most loan programs, including VA, FHA and Conventional financing.  For Members … (3 comments)

vitek: TIME IS RUNNING OUT TO GET A USDA HOME LOAN IN LINCOLN, CALIFORNIA. - 06/27/12 03:41 PM
TIME IS RUNNING OUT TO GET A USDA HOME LOAN IN LINCOLN, CALIFORNIA.  The USDA Home Loan Program is designed for Rural Communities throughout the United States with limited populations.  According to the 2010 US Census Report, the City of Lincoln’s population has grown from just over 10,000 to over 40,000 since the 2000 Census was reported.  That population increase has eliminated Lincoln, along with several other California Cities, from the list of Rural Areas eligible for the program.
The GOOD NEWS is that you still have until October 1, 2012 to purchase a home, get approved and close escrow on your … (3 comments)

vitek: GOOD NEWS! IT’S EASY TO REFINANCE IF YOU’VE PLAYED BY THE RULES - 03/12/12 05:02 AM
 GOOD NEWS!  IT’S EASY TO REFINANCE IF YOU’VE PLAYED BY THE RULES
 I keep reading articles about how difficult it is to refinance a home mortgage in today’s lending environment and I ask myself, “Why aren’t more people getting the word about the availability of the current loan programs”.
More opportunities exist today than ever before if you’re looking to refinance your home.  For those who have played by the rules, made their payments on time and kept their credit clear, there are several great options available for refinancing at today’s low rates. 
 
VETERANS
EXISTING VA LOANS  are eligible for a Streamline Rate Reduction … (20 comments)

vitek: WHO DO YOU TRUST...and WHY SHOULD YOU TRUST ME? - 01/10/12 03:58 PM
 WHO DO YOU TRUST...and WHY SHOULD YOU TRUST ME?
TRUST is not something to be taken lightly.
It’s not something you can buy, and it can turn to dust if not properly maintained.  It takes a great deal to earn it, but it can be lost in an instant. What is trust and how do we get it in the first place?
 
We are all born innocent and we immediately trust everyone.   Initially that can be a good thing until we get a little older and it becomes something dangerous in the world we live in.  At some point, we all have … (49 comments)

vitek: December's Season of Celebrations and Sharing Contest. Raley's Theatre of Lights - 12/22/11 04:16 AM
 
Raley's Theatre of Lights
Old Sacramento is the holiday headquarters for the greater Sacramento region. With major holiday attractions like The Polar Express and the Raley's Theatre of Lights, a visit to Old Sacramento is on many resident's lists of "must do's" during the holidays.
The Theatre of Lights is a magical way for families to celebrate the holiday season. This is the third year for this presentation.
Raley’s Theatre of Lights blends the historic charm of Old Sacramento with modern day sound and lighting technology to create a truly magical holiday experience.
Last year there were around 50,000 guests from all over Northern California … (2 comments)

vitek: December's Season of Celebrations and Sharing Contest. Fundraiser for Homeless Children in Sacramento, CA - 12/21/11 07:50 PM
 
 
 
Malachi's Homes Center International Ministry
 
Malachi's Thrift Store, 2427 Marconi Ave #101, Sacramento, CA 95821 map
 
Holiday Fundraiser for Homeless Children in Sacramento, CA.
 
One Dozen Fresh Premium Dipped Strawberries and Cookies only $25.00! WOW!
 
Call 916-576-9679 and order your perfect gift! Pickup Monday thru Friday 10:00 a.m. - 3:00 p.m., Saturday until 5:00 p.m. Delivery options availible.
 
100% of your purchase goes directly to children in Sacramento, CA for Christmas! Why just donate when you can have these incredible chocolate dipped strawberries and support a child at the same time!
 
(0 comments)

vitek: 2011 December 31 Day Blogging Challenge, Day 12 - 12/13/11 06:59 PM
 
 December Blogging Challenge, Day 12, Target Marketing
In this business, nothing is forever.  If you don't like what's happening in the market today, just wait awhile and it will change, but not necessarily for the better.  We all have to adapt to those changes quickly or risk getting left behind.
My success in the past has largely been through the use of Target Marketing to specific groups.  It's important to separate yourself from the pack and focus on unique groups. Become the expert for that particular group and create a marketing plan that will be completely different from all of your … (2 comments)

vitek: Keeping Track of Passwords Is Driving Me Crazy! - 09/18/11 01:53 PM
 Keeping Track of Passwords Is Driving Me Crazy!
 I just received the kind of message that will send a chill up your spine and put fear in your heart.  
 “YOUR PASSWORD WILL EXPIRE IN 4 DAYS”. 
Don’t we all have enough information to remember and update every day?  Many of the sites we visit have unique passwords that we must use in order to log-in.  Realtors need MLS services, email accounts, and numerous websites that require these codes to access current information.  Lenders use credit bureau accounts, loan processing software, and they need to access loan program guidelines.  Daily use of sites … (35 comments)

vitek: GOOD NEWS FOR VETERANS. VA LOAN COSTS ARE DROPPING SOON! - 09/12/11 06:58 PM
 GOOD NEWS FOR VETERANS.  VA LOAN COSTS ARE DROPPING SOON!
 The Veterans Administration has just announced that the VA Funding Fee required for VA Home Loans, will soon be reduced for most VA home purchase loans.  Effective October 1, 2011, the one-time cost will be reduced by approximately 35%.  This amounts to an up-front savings of $2,250 on a purchase price of $300,000. 
 The VA Funding Fee is paid directly to the Department of Veteran's Affairs for the VA Guarantee, which eliminates the need for monthly PMI or Mortgage Insurance. The funding fee does not need to be paid separately and … (32 comments)

vitek: BANK OF AMERICA ANNOUNCES EXIT FROM CORRESPONDENT MORTGAGE BUSINESS! - 08/31/11 12:47 PM
BANK OF AMERICA ANNOUNCES EXIT FROM CORRESPONDENT MORTGAGE BUSINESS!
Bank of America is attempting to sell its correspondent lending division as it looks to divest itself of additional parts of its home loan divisions.  Plagued by upwards of $1 Trillion of problem home mortgages, Bank of America, currently the biggest U.S. Bank, plans on cutting 3,500 jobs over the next few weeks.  These moves are an effort by the bank to raise capital to meet new industry standards.
Correspondent lenders fund loans and then sell them to the larger banks.  Banks, including Bank of America, use these correspondent lenders to generate … (16 comments)

vitek: California State Teachers Retirement System (CalSTRS) Home Loan Program is Retiring the CalSTRS 80/17 Program - 08/24/11 11:08 AM
 
California State Teachers Retirement System (CalSTRS) Home Loan Program is Retiring the CalSTRS 80/17 Program.
    The California State Teachers Retirement System (CalSTRS) will discontinue the popular CalSTRS 80/17 Home Loan Program on October 1, 2011      
 
This unique CalSTRS program consists of a first and a second mortgage with a 3% down payment.  Because the first loan is only 80% of the purchase price, it does NOT require PMI.  The second loan does not require payments for the first five years of the mortgage, thus allowing for a much lower monthly payment than FHA or other comparable loan programs.  The buyer qualifies … (2 comments)

vitek: And You Thought MARS Was Bad. FTC is Back With New Rule MAP, Agents be Aware! - 08/22/11 07:59 PM
This is the kind of news that sends a chill up your spine if you're in the mortgage industry, or if you are a Realtor.  In an industry already overloaded with rules and regulations, we can only look forward to more of the same in the future.  This should be a lesson to teach us to look very carefully at the people we elect to office to represent us. 
I have disabled comments on this re-blog so please go to Jeff's blog to post your comments. 
"MAP is Mortgage Acts and Practices - Advertising." It prohibits misrepresentations and imposes recoredkeeping requirements on anyone who provides information … (0 comments)

vitek: PMI MORTGAGE INSURANCE IS CLOSING IT'S DOORS - 08/21/11 10:39 AM
PMI MORTGAGE INSURANCE IS CLOSING IT'S DOORS
If you are a PMI customer, you may have already received this notice from PMI that they are closing their doors.  Since the Mortgage Crisis began, this is the third Mortgage Insurance company to cease doing business.  In the future, Conventional financing is going to be even more difficult with less than 20% down payment. 
For the immediate future, there is no need to panic.  There are three or four other mortgage insurance companies that are still in full operation.  PMI was one of the largest, but not the only one to insure conventional … (32 comments)

vitek: I’M GOING TO SUE BANK OF AMERICA FOR DISCRIMINATION AGAINST VETERANS! - 08/21/11 01:16 AM
I’m going to sue Bank of America for Discrimination against Veterans! 
I recently read an article from Tni LeBlanc, a Realtor from Santa Maria, California that asked,                              “Should You Get a VA Loan with Bank of America?  
The article discussed the policies of Bank of America that discriminate against VETERANS and puts them in the “back of the line” for purchasing bank owned and short sale properties.  Since these properties make up the majority of the sales in today’s market, this has a major negative impact on a Veteran's ability to purchase a home. 
 Wikipedia says “discrimination is the prejudicial … (27 comments)

vitek: Home Mortgage Interest Deduction May Soon Be History - 07/25/11 06:18 AM
Home Mortgage Interest Deduction May Soon Be History.
For several years there has been talk of eliminating the Home Mortgage Interest Deduction, but this time it looks like it may finally happen.  The combination of this, along with the other recent government blunderings, is not going to help the housing market recover anytime soon. The very same people that broke the system are now in charge of trying to fix it.  This would probably be a good time to contact your representative and let them know how important this deduction is to the real estate industry.  This is a re-blog from tbwsdailyshow.com.
(26 comments)

vitek: CalSTRS Home Loan Program for Teachers - 02/01/11 07:30 PM
CalSTRS Home Loan Program for Teachers
Being a teacher has some real benefits, especially when buying a home today.  Home prices are the lowest offered in several years and interest rates are still at lows not seen in more than 30 years.  Combine that with the CalSTRS home loan program for teachers and you have an unbeatable combination.  The California State Teachers Retirement System (CalSTRS) offers its member's a unique home loan program that allows a down payment of as little as 3%.  The 80/17 program, first offered in 2001 combines a first and second loan and requires No PMI or … (9 comments)

vitek: CalPERS Home Loan Program is Suspended...Vitek Mortgage Group Steps up to Fill the Void. - 02/01/11 05:20 PM
CalPERS Home Loan Program is suspended...Vitek Mortgage Group Steps up to Fill the Void.

The Board of Administration for CalPERS, the largest public employee pension fund in the United States,
has voted to suspend the popular CalPERS Home Loan Program for their members.  In a press release
dated December 13, 2010, George Diehr, Chair of the CalPERS Investment Committee cited limited
interest, an increasing number of delinquencies and a changing mortgage marketplace  for the move.  
"This change allows us to redirect our resources and reduce the risk to the Fund", stated Diehr.
The CalPERS Home Loan Program was launched 29 years … (3 comments)

 
Doug Bullwinkel, Mortgage Loan Originator NMLS #281609 (Envoy Mortgage,NMLS ID 6666)

Doug Bullwinkel

Mortgage Loan Originator NMLS #281609

Sacramento, CA

More about me…

Envoy Mortgage,NMLS ID 6666

Address: 3017 Douglas Blvd., Suite 300, Roseville, CA, 95661

Office: (916) 295-0044

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