fixed rate: What's a Qualifying Payment on a Mortgage? - 05/02/18 06:45 AM
What's a Qualifying Payment on a Mortgage?
Qualifying.  It's always harder than it looks, right?  I've talked before about my erstwhile career as an Ironman triathlete and for those familiar with that sport, they'll confirm that qualifying for the race in Kona is way harder than they make it look on TV.  I suppose it's the same with getting into certain colleges, but since I struggled to get out of high school, I'm going to let someone else blog about that...
No, today, we're going to talk about qualifying for a mortgage and specifically we're going to cover the payment that we lenders use … (1 comments)

fixed rate: It's 2018. Will I Lose My Tax Deduction if I Refi? - 12/31/17 07:02 AM
It's 2018.  Will I Lose My Tax Deduction if I Refi?
If you're asking this question, I'm going to go out on a limb and say you're experiencing some anxiety right about now.  But no matter how bad it gets, realize things could always be worse.  You could be the Internal Revenue Service and tasked on a couple weeks' notice with retooling your shop to both comprehend and implement the Tax Cuts and Jobs Act.  So whether you're a homeowner, a CPA, a Californian, an IRS employee or a blue state Democrat, let's wash down a couple of Xanax with a strong martini … (21 comments)

fixed rate: Interest-Only? 40 Years? Fixed? Extra Extra? - 07/27/17 07:35 AM
Interest-Only? 40 Years? Fixed? Extra Extra?
Are you a real estate investor?
Do you consider yourself an ordinary or extraordinary investor?
Have you ever thought about an interest-only loan for your rental property?
I'd be willing to bet that even if the ordinary investor learned of a 40-year fixed interest-only loan, he might initially think right back to the heyday of stated income loans and remind himself that there's no way he'd ever get involved in such risky business.  Rest assured that this person doesn't need to change his philosophy.  That's not what I'm going to cover here.  But I am going to discuss the … (16 comments)

fixed rate: 80 10 10 Loan in California - 06/22/17 07:12 AM
80 10 10 Loan in California
It has been said that the Golden Gate Bridge is one of the most photographed tourist attractions in the world.  But before you get out your selfie stick and entertain visions of relocating to California, especially to the San Francisco Bay Area, know that the median home prices here in the middle of  201 tend to hover over one million dollars --- sometime by more than just a little.
It stands to reason that not all otherwise eligible buyers will have a full 20% down payment saved when they attempt to buy a home here in our … (2 comments)

fixed rate: Imagine All the Savings - 03/08/17 05:50 AM
Imagine All the Savings
In my life, I've originated a good number of 30-year fixed rate loans.  And to this day, "a 30" remains the most popular of all loans.  I would contend that it holds, and will continue to hold, this position not because most borrowers do a careful analysis of this mortgage's financial math and whether it aligns with their plans and needs, but because most homeowners simply do not want to contemplate any possibility of an adjustable rate mortgage at any time in their future.
But "life is what happens while you're busy making plans for other things" and life … (9 comments)

fixed rate: I Have Impressive ARMs - 04/14/14 02:50 PM
I Have Impressive ARMs
Actually, I don't have impressive arms and never have.  While we're on the topic of needles, no amount of iron or swimming has ever "moved the needle" in terms of adding circumference to my puny pop guns.  But...
RPM is pleased to add its newest jumbo program in the form of a 15/15 ARM.  How does a 15-year ARM work?  It's essentially a fixed rate, 30-year loan that has only a single adjustment at the 15-year mark.  
Meant to cover the borrowing needs of the vast majority --- those who will, on average, hold a loan for … (0 comments)

fixed rate: The ARCO Station Across Town Is Quoting .125% Less - 10/25/12 01:12 AM

fixed rate: California Mortgage Rate Update: 02/21/12 - 02/21/12 04:26 AM

fixed rate: California Mortgage Rate Update: 06/13/11 - 06/13/11 08:28 AM

fixed rate: California Weekly Mortgage Rate Update: 05/02/11 - 05/02/11 07:49 AM
Below are today's interest rates for RPM's loan programs.  For specific pricing on your scenario, and to get pre-approved without cost or obligation for any of these loan products below, simply call 877-270-5959 or e-mail  Access The Mortgage Dictionary on YouTube to view short videos that define and explain the most important terms and concepts in home financing.  All pricing below is at 0 points unless otherwise noted:   Conforming Loans (up to $417,000)   30-Year Fixed Rate:  4.750% APR:  4.774%   15-Year Fixed Rate:  4.000% APR:  4.034%   7/1 ARM Rate:  3.500% APR:  3.699% 5/1 ARM Rate:  3.250% APR:  3.460%   FHA 30-Year Fixed (96.5% Financing)   … (0 comments)

Rob Spinosa, Vice President of Mortgage Lending, Marin County (Guaranteed Rate, Marin County, CA) Rainmaker large

Rob Spinosa

Vice President of Mortgage Lending, Marin County

San Anselmo, CA

More about me…

Guaranteed Rate, Marin County, CA

Address: 324 Sir Francis Drake Blvd., San Anselmo, CA, 94960

Office: (415) 367-5959

Mobile: (415) 367-5959

Email Me

REX Homebuyer Participating Lender 80-10-10 Loans What Happens if My Appraisal Comes in Low? Can I Get a Cosigner on a Mortgage?




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