refinance: My loan is at 5.625% - 09/03/13 02:30 AM
Yes, I am a full time mortgage professional and the loan I have on my house is a 30 year fixed rate of 5.625%. Why didn’t I refinance into something better you ask. Because my Total Loan to Value is too high to get a new loan to refinance my home.
 I am sharing this to shed light on a subject in a very real way. I got a great rate of 5.625% on my own house in 2003 and then later when values were way up a few years later I pulled money out with an equity line and bought … (0 comments)

refinance: What's your rate? - 08/14/12 01:12 PM
This is the worst question to ask a mortgage lender, period. Not because their rates may not be as good as the other guys, but because they are pretty dang close to the other guys rates usually. Mortgage rates are a moving target and change on a daily basis and sometimes more than once per day. Try calling your stock broker and asking the price of a share of IBM stock today and when he or she answers you, say you will get back to them next week….  Everyone shakes their head and tells me that is nuts so then why … (1 comments)

refinance: HARP 2.0 - Sweet tune or bitter note? - 01/25/12 02:37 PM
OK, everyone is talking about HARP 2.0 and so let's define it.     um.... no!
  cute, but still no.  Nice but a different kind of HARP. 
It is an acronym and it stands for Home Affordable Refinance Program
First of all, since it is 2.0 that means that the program was already around and what everyone is buzzing about is the new changes. So let's show you what it looks like now and then discuss changes that are sort of in effect December 2011 but really in effect in March 2012.
Currently the program allows you to refinance a mortgage … (8 comments)

refinance: Be yourself with pink flamingoes and video - 11/23/10 01:48 PM
I have sort of forgotten to be whimsical lately and it had really helped me in the past. I was inspired just today by Irene Kennedy and her blog post is the impetus for this blog. See below:
Irene Kennedy - Dancing Realtor from New Jersey
I have been working with video with my clients for years and I used to have a lot of fun with it and I forget to do that sometimes. I have started having fun again but irene wanted to see the pink flamingo video so it is below.
I was working with a client who … (4 comments)

refinance: Barack Obama reads my blog! - 03/09/09 04:48 PM
Back in January in this very blog I posed the question – Refi or Modify? You can imagine my thrill when I saw in the latest round of stimulus packages that President Obama not only had read my article but came up with some answers and he was fairly quick about it. On March 4th 2009 the guidelines were handed down to loan originators and servicers the new rules concerning loan modification and addressing some issues with refinancing. My mother will be so proud of me ; )
But seriously, there are new rules here and this is timely. In the … (0 comments)

refinance: 2009 Loan Limits - SEXY! - 01/26/09 11:42 AM
So……. Loan limits eh? Pretty exciting stuff Hans! Yeah well it may not be that exciting but if you are thinking about buying a home it is very important. So here’s the scoop, our loan limits in Sonoma County have gone up. Our basic conventional loan limit for 2008 was $417,000 but Congress voted in higher loan limits for conforming and FHA loans (as high as $729,750). It was a bit of a mess. We had one set of rules for loans up to $417,000 and an entirely different set of rules (and higher rates) for loans above $417,000. The bottom … (4 comments)

refinance: Your Loan - Refi or Modify? - 01/26/09 11:33 AM
OK, let’s start with my area of expertise – refinancing. With almost 2 decades in the real estate and mortgage business, I have helped thousands of people get into a home or refinance the home they are in. I have traveled the country and spent thousands of dollars to further my education and I am most definitely an expert and I am going to give you the exact same advice that I give to every one of my clients when they ask – Should I refinance?...... My answer is I DON’T KNOW!
Well there you go, you now have free expert … (4 comments)

refinance: Time travel for better interest rates. - 05/12/08 04:27 AM
I love technology but I am crippled by it many times. Technology is supposed to help us out, save us time and make things easier..... I took a trip to San Diego to visit relatives recently and I ended up taking a trip back to a simpler time and I was very tempted to stay there.  I flew out of the Santa Rosa Airport (small airport with 1 airline about an hour north of San Francisco). My friend dropped me off in front of the airport and I had to walk 20 feet to security. I made it through in about … (0 comments)

refinance: FHA LOANS ROCK!, seriously, they do. - 04/12/08 06:13 AM
FHA loans are going to help us out tremendously in the near future and beyond. I used to do a ton of FHA loans but I have not done more than a handful in the last decade. That is all changing this week for me, I am doing a lot of FHA loans again and here is why:
 Approximately 97% loan to value.FHA does not change LTV if the property is in a declining market.The 3% down payment can come from a gift.6% of the sales price can come from the seller towards closing costs.There are down payment assistance programs that will … (4 comments)

refinance: Waiting to be stimulated by higher loan limits! - 04/01/08 04:53 PM
OK, I have  been waiting to be stimulated by the new conforming loan limits and it just isn't happening!
It was signed into law in Mid February and we waited to see when HUD would come out with the new median home values. That happens in Mid March and we get excited for a minute. Then FNMA comes out with the rules and we get down but we realize the rules are tough but the rates will be worth it and we get excited again. A week later they start hitting the market and the pricing on them is terrible!Then I start thinking … (3 comments)

refinance: SHould I use a direct lender or a mortgage broker? - 03/04/08 12:07 PM
Here is the scoop. Direct lenders call centers are basically self service, I lump them in with internet based companies. If you know exactly what you want and need and are willing to time the market on your own, you may get a good deal. You may also get big fat headaches and a lot of running around AND quite possibly miss the good rates because you did not call at the right time.
If you go directly with a mortgage professional at a bank or direct lender, that is better but you don't always get good advice and you get only … (2 comments)

Hans Bruhner, Sonoma County Home Loans (First Priority Financial)

Hans Bruhner

Sonoma County Home Loans

Sebastopol, CA

More about me…

First Priority Financial

Address: 105 Morris Street, Suite 120, Sebastopol, CA, 95472

Mobile: (707) 347-9250

Office: (707) 887-1275

I write about relevant mortgage related topics in general. When it is region specific to California or Sonoma County, I will tag it appropriately.




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