loan: FHA FAQ - 05/07/19 07:17 AM
FHA FAQ
 
Maybe you just got the news from your loan officer that you need an FHA loan in order to qualify for your home purchase.  "Oh brother," you say, another acronym, additional lending jargon and still more ways to be confused about the whole mortgage process.  Or not?  What are the differences between an FHA loan and a "regular" or conventional mortgage?  Let's take a look at some of the most frequently asked questions that swirl around FHA loans and cut right to the chase of what you need to know in order to determine if an FHA loan is a … (11 comments)

loan: Not Able to Refinance? Recast Your Loan in a New Light - 06/06/17 06:48 AM
Not Able to Refinance?  Recast Your Loan in a New Light
 
Over the last decade there have been many opportunities for homeowners to refinance their mortgages to lower rates and, by far, that is the "go to" solution when a borrower is looking to lower his or her payments.  This makes perfect sense.  Let's say the homeowner has mortgage at 4.000% and can get a 3.750%, no-cost refinance.  Lower rate, lower payments, no closing costs added to the balance...win/win/win.  
 
But what about instances where current rates may not be lower or there may not be as clear a case for refinancing?  How … (13 comments)

loan: Breaking Up (Is Subject to Guidelines and Restrictions) - 01/28/17 05:22 PM
Breaking Up (Is Subject to Guidelines and Restrictions)
 
When we look at our refinance business, not a small percentage of it is driven by the scenarios where one spouse buys out the equity of the other, as stipulated in a divorce decree.  Sometimes when we are presented with a divorce buyout refinance we have to educate all the parties to the transaction on how to navigate the lending guidelines that govern these situations and, as you might expect, divorce buyouts are often done in a stressful environment.  So for those who may be looking to get an overview and understanding of the process, … (25 comments)

loan: How Will 2014 Go Down in YOUR Books? - 12/30/14 11:10 PM
How Will 2014 Go Down in YOUR Books?
 
When we come to the end of any calendar year, isn't it amazing to look back over the last 12 months and realize just how much has transpired?  Sometimes, events that occurred in, say, March, feel like they happened a lifetime ago.  Could it really be that it was this year?  Yes, time flies.
 
And, of course, the resolution season is upon us.  What changes might we affect in 2015 by way of reinvigorated will?  A blank page opens before us each January 1, but will we have the resolve to write a new … (4 comments)

loan: 998 Edgewood Ave., Mill Valley, CA, 94941 w/ REX 12.5% Down Payment - 07/30/14 03:07 PM
998 Edgewood Ave., Mill Valley, CA, 94941 w/ REX 12.5% Down Payment Option
 
Using RPM Mortgage and REX Homebuyer, this home can be financed today as:
 
Purchase Price:  $1,949,000
REX Down Payment:  $243,625
Your Down Payment:  $243,625
Monthly P&I Payment:  $6362
 

 
Here are the terms for the scenario above:
 
Loan Amount:  $1,461,750
Loan Program:  7/1 ARM*
Interest Rate / APR:  3.250% / 3.145%
 
How can we help?
 
Property Info:  Sherrie Faber, 415-339-9200, sherrie@firstcaliforniarealty.com
Mortgage Pre-Approval:  Rob Spinosa, 415-367-5959, rspinosa@rpm-mtg.com
 
*Rates will only apply for the initial period.  The initial period for this program above is seven years.  The payment … (2 comments)

loan: 135 Marina Blvd., San Rafael, CA, 94901 Mortgage Options - 06/12/14 08:31 AM
135 Marina Blvd., San Rafael, CA, 94901 Mortgage Options
 
Using RPM Mortgage and REX Homebuyer, this home can be financed today as:
 
Purchase Price:  $1,499,000
REX Down Payment:  $149,900
Your Down Payment:  $149,900
Monthly P&I Payment:  $5219
 

 
Here are the terms for the scenario above:
 
Loan Amount:  $1,199,200
Loan Program:  7/1 ARM*
Interest Rate / APR:  3.250% / 3.154%
 
How can we help?
 
Property Info:  Robert Beadle, 415-464-3340, rhbeadle@coldwellbanker.com
Mortgage Pre-Approval:  Rob Spinosa, 415-367-5959, rspinosa@rpm-mtg.com
 
*Rates will only apply for the initial period.  The initial period for this program above is seven years.  The payment on a 7/1 ARM … (2 comments)

loan: 22 Frances Ave., Larkspur, CA, 94939 Mortgage Options - 06/12/14 07:55 AM
22 Frances Ave., Larkspur, CA, 94939 Mortgage Options
 
Using RPM Mortgage and REX Homebuyer, this home can be financed today as:
 
Purchase Price:  $1,499,000
REX Down Payment:  $149,900
Your Down Payment:  $149,900
Monthly P&I Payment:  $5219
 

 
Here are the terms for the scenario above:
 
Loan Amount:  $1,199,200
Loan Program:  7/1 ARM*
Interest Rate / APR:  3.250% / 3.154%
 
How can we help?
 
Property Info:  Yoko Kasai, 415-847-6519, yoko@frontporchrealtygroup.com
Mortgage Pre-Approval:  Rob Spinosa, 415-367-5959, rspinosa@rpm-mtg.com
 
*Rates will only apply for the initial period.  The initial period for this program above is seven years.  The payment on a 7/1 ARM adjusts … (1 comments)

loan: 240 Hillside Ave., Kentfield, CA, 94904 Mortgage Options - 06/11/14 03:23 PM
240 Hillside Ave., Kentfield, CA, 94904 Mortgage Options
 
Using RPM Mortgage and REX Homebuyer, this home can be financed today as:
 
Purchase Price:  $1,995,000
REX Down Payment:  $249,375
Your Down Payment:  $249,375
Monthly P&I Payment:  $6410
 

 
Here are the terms for the scenario above:
 
Loan Amount:  $1,496,250
Loan Program:  7/1 ARM*
Interest Rate / APR:  3.125% / 3.093%
 
How can we help?
 
Property Info:  Jennifer Boesel, 415-497-3383, jboesel@cbnorcal.com
Mortgage Pre-Approval:  Rob Spinosa, 415-367-5959, rspinosa@rpm-mtg.com
 
*Rates will only apply for the initial period.  The initial period for this program above is seven years.  The payment on a 7/1 ARM adjusts … (2 comments)

loan: The New & Improved Tips for Sabotaging Your Open House - 04/24/14 01:03 AM
The New & Improved Tips for Sabotaging Your Open House
 
I know you didn't think it was possible, but here is a an update to a list I began some time ago.  As a mortgage professional, I am fortunate to have somewhat of an outsider's perspective on our local broker tour --- I am not a real estate agent myself and as a result, certainly there are local agents who don't know me.  This also implies that they don't know that I'm not a Realtor.  I could very well be out on tour on behalf of the IDEAL buyer for their listing.  Here are some tried … (3 comments)

loan: Killing Us Softly: Washington's Real Estate Revenge - 12/11/13 01:16 PM
(1 comments)

loan: Weekend Availability + All Cash is Super (Jumbo)! - 03/30/12 06:48 AM
 
(0 comments)

loan: California Mortgage Rate Update: 02/27/12 - 02/27/12 01:35 AM
 
(0 comments)

loan: 3 Lillian Lane, San Rafael, California - 01/20/12 03:24 PM
(3 comments)

loan: FHA Loan Limits Restored to Higher Levels at RPM Mortgage! - 12/20/11 09:15 AM
(0 comments)

loan: Homepath Mortgage - 03/21/11 11:06 AM

(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?


Listings

Links

Archives

RSS 2.0 Feed for this blog