harp: 7 Reasons Why Renters Need to Buy a Home Soon - 01/16/14 04:45 AM
If you haven’t given serious thought to buying a home in the near future, you should. There are many more reasons to buy than there are to rent. Here are the serious reasons you want to be looking at in today’s market.

 
1. It’s cheaper buying than it is renting. A Trulia Trends study of the 100 largest metropolitan markets found that on average it’s 44 percent less expensive owning a house or condominium than it is renting. Remember, your landlord is in it to make a profit. He or she probably paid more for the apartment building than … (2 comments)

harp: What are closing cost? - 01/14/14 03:29 AM
 
Shopping for the best mortgage involves more than just checking interest rates and loan terms. Many borrowers are surprised by the many additional costs involved in closing the loan.
 
Almost all closing costs relate to fees that the mortgage lender is charged by a third-party company and then passes on to the borrower. Some of the fees are additional costs the lender levies. Because these fees are all settled at the closing table, they are commonly referred to as closing costs.
 
BREAKING DOWN CLOSING COST
Closing costs usually account for 2 percent to 5 percent of a home's … (2 comments)

harp: 5 Ways To Make Your Mortgage Loan Move Faster - 01/08/14 03:33 AM
 

Good lenders try to make the mortgage process more of a sprint than a marathon. They also try to impart on prospective homebuyers how much power they have in moving that finish line.
 
You can generally go from contract to loan closing in 30 to 45 days, depending on the loan type, the property and a handful of other important considerations. Some purchases, especially distressed properties like a foreclosure, can stretch the timeline considerably further.
 
Consumers itching to speed up the mortgage process need both preparation and patience. To a degree, you're at the mercy of appraisers, … (0 comments)

harp: Find Out If Harp Could Help You - 10/17/13 01:59 AM

Nationwide, 1 in 5 residents may qualify for a refinance under the Home Affordable Refinance Program (HARP). The government-backed school was set up in 2009 to aid homeowners who are obligated to repay more than their residences cost and are current on their repayments re-finance to a reduced interest rate or even more steady home loan.   HARP has actually seen substantial improvements because its production, making it much easier for additional house owners like you to certify. If you've attempted to re-finance in the past but were turned down by your loan provider, it is worth taking a review at … (0 comments)

harp: Banks Approve Mortgage Loan Druing Government Shutdown - 10/14/13 03:54 AM

Fannie Mae and Freddie Mac have relaxed rules that would have kept banks from authorizing home loans during the government shutdown.   Usually, Fannie and Freddie require lending institutions to confirm a borrower's earnings with the Internal Profits Solution before centering a home loan. But last week, some lenders stated that they could possibly not approve the home loans due to the fact that the shutdown had actually drastically reduced the IRS's functions.     The government-backed mortgage titans have since stated lending institutions could possibly continuously give out brand-new payday loans also without the IRS's verification.   Debtors who … (0 comments)

harp: KEPT BANKS FROM APPROVING MORTGAGES DURING THE GOVERNMENT SHUTDOWN - 10/14/13 03:51 AM

Fannie Mae and Freddie Mac have relaxed rules that would have kept banks from authorizing home loans during the government shutdown.   Usually, Fannie and Freddie require lending institutions to confirm a borrower's earnings with the Internal Profits Solution before centering a home loan. But last week, some lenders stated that they could possibly not approve the home loans due to the fact that the shutdown had actually drastically reduced the IRS's functions.     The government-backed mortgage titans have since stated lending institutions could possibly continuously give out brand-new payday loans also without the IRS's verification.   Debtors who … (6 comments)

harp: Save Your Home Purchase Now - Part 3 Home Loan Credit Series - 10/10/13 09:02 PM

YES!! Congratulations, you are in an active transaction whooo hooo. (do blowers and have a hat on) You will be a homeowner soon. Ok calm down we still have some work to do! Welcome to my video series Qualify for a Home Loan Part 3 “You are in an Active Transaction”.
Let’s talk about what you can expect during your real estate transaction and what you need to gather.  Let’s do the gather part first I need
1)Updated Paystubs & bank statements & a print out of account activity from the end of your last statement to present for all … (0 comments)

harp: Attention California: Get Pre-Approved Part 2 Qualify for a Home Loan - 10/10/13 12:33 AM

Did you know most transactions fall out because either the buyer or buyer’s loan officer did not get pre-approved? The danger in not getting pre-approved is you lose time and money, most of all it sucks to see your dream crash and burn, because of improper planning. Welcome to Part 2 of Qualify for a Home Loan “Get Pre- Approved”.
The socalloanpro.com I do not let my clients’ crash and burn ever! I am committed to you and your realtor to have a successful close.
You previously sent me you 2, 2, and 2.  2 years taxes, 2 recent bank … (0 comments)

harp: Part 2 of Qualify for a Home Loan “Get Pre- Approved” in California - 10/10/13 12:28 AM

Did you know most transactions fall out because either the buyer or buyer’s loan officer did not get pre-approved? The danger in not getting pre-approved is you lose time and money, most of all it sucks to see your dream crash and burn, because of improper planning. Welcome to Part 2 of Qualify for a Home Loan “Get Pre- Approved”.
The socalloanpro.com I do not let my clients’ crash and burn ever! I am committed to you and your realtor to have a successful close.
You previously sent me you 2, 2, and 2.  2 years taxes, 2 recent bank … (0 comments)

harp: Welcome to Part 2 of Qualify for a Home Loan "Get Pre- Approved" - 10/10/13 12:21 AM
 
Did you know most transactions fall out because either the buyer or buyer’s loan officer did not get pre-approved? The danger in not getting pre-approved is you lose time and money, most of all it sucks to see your dream crash and burn, because of improper planning. Welcome to Part 2 of Qualify for a Home Loan “Get Pre- Approved”.
The socalloanpro.com I do not let my clients’ crash and burn ever! I am committed to you and your realtor to have a successful close.
You previously sent me you 2, 2, and 2.  2 years taxes, 2 recent bank … (2 comments)

harp: Get Pre-Qualified - Part 1 Qualify for a Home Loan Series - 10/07/13 07:21 AM

I do things a bit different then most loan officers. I actually know loan guidelines and don’t have to rely on others to tell me if you qualify. Once I tell you, you qualify; guess what you really do qualify!  I have been involved in 873 home loans & R/E transactions lets make yours 874! Be sure to check out my testimonial videos and testimonial page above, happy clients are no accident.
Ok let’s gather that documentation, think 2, 2, & 2. I need 2 years fed. tax returns all schedules and attachments, W2’s, 1099’s, 2 most recent pay stubs … (1 comments)

harp: Welcome to Part 1 of My Qualify for a Home Loan Series - 10/07/13 07:14 AM

I do things a bit different then most loan officers. I actually know loan guidelines and don’t have to rely on others to tell me if you qualify. Once I tell you, you qualify; guess what you really do qualify!  I have been involved in 873 home loans & R/E transactions lets make yours 874! Be sure to check out my testimonial videos and testimonial page above, happy clients are no accident.
Ok let’s gather that documentation, think 2, 2, & 2. I need 2 years fed. tax returns all schedules and attachments, W2’s, 1099’s, 2 most recent pay stubs … (2 comments)

harp: Boost Your Opportunities of Securing a Mortgage Home Loan - 10/03/13 07:36 PM

Potential homebuyers who have found their dream home have cleared one hurdle in the current low-inventory housing market, but they still face another major challenge: securing a loan.
  3 Qualify For a Home Loan Series   1. Get Pre-Qualified 2. Get Pre-Approved 3. You Are In An Active Transaction       Many consumers are looking to take advantage of the low mortgage interest rates, but tight lending practices are making the home-buying process difficult as banks remain risk adverse in the wake of the financial crisis.   The mortgage process can be hard to navigate as most lenders … (2 comments)

harp: TDR Mortgage and Real Estate Investments Provide Quality Service! - 10/01/13 11:29 PM


In TDR Mortgage and Real Estate Investments we provide quality service that you deserved! Give us a call or send us an email with your questions or concerns. 
 
 
Connect with me on these sites

… (0 comments)

harp: First Time Home Buyers Education - 10/01/13 04:00 AM
First Time Home Buyers Education is required by some of the First Time Homebuyer Programs we work with. If you are participating in the CalHFA/CHDAP program you will definately need to complete a class from the list below. Contact your loan officer to see if the program you are participating in requires you to attend any of the classes.
  1. MGIC First Time Buyers Education-- http://www.mgichome.com/buying/buyersedtesttips.html Click the link above study the material then click the picture in red where it says "Take The Home Buyer Test" on the right side of thewebpage and once you pass make sure you … (2 comments)

harp: HOME BUYER COUNSELING - 10/01/13 03:58 AM
 
First Time Home Buyers Education First Time Home Buyers Education is required by some of the First Time Homebuyer Programs we work with. If you are participating in the CalHFA/CHDAP program you will definately need to complete a class from the list below. Contact your loan officer to see if the program you are participating in requires you to attend any of the classes.   1. MGIC First Time Buyers Education-- http://www.mgichome.com/buying/buyersedtesttips.html Click the link above study the material then click the picture in red where it says "Take The Home Buyer Test" on the right side of thewebpage and … (0 comments)

harp: 4 Methods of Making A Mortgage Payment - 09/26/13 03:53 AM
If you've been making your mortgage payment via U.S. mail every month, it might be time to update your technology now that most lenders offer easier, cheaper, faster and more reliable ways to pay.   Here's a look at pros and cons of the various methods of making a mortgage payment:   1. Online banking   Making a mortgage payment through the bank's or loan servicer's website is "probably your best option," says Ron Haynie, executive vice president of mortgage finance policy for the Independent Community Bankers of America, a trade group in Washington, D.C. The online process allows you to … (2 comments)

harp: Federal Open Market Committee Decided Not To Taper - 09/24/13 11:34 PM
The Federal Open Market Committee decided Wednesday to keep purchasing additional agency mortgage-backed securities at its current pace to foster the ongoing housing recovery and fight unemployment.   In other words, the market was tricked -- no tapering just yet -- despite numerous predictions of a $10 billion reduction in monthly asset purchases by the Fed.   The FOMC made that conclusion after members met this week and announced that although the housing sector is strengthening, "mortgage rates continues to rise further and fiscal policy is restraining economic growth."     As a result, the central bank will continue purchasing agency … (0 comments)

harp: It's Smarter 2 Minimize Financial Obligations Before Getting Home Loan - 09/19/13 11:59 PM
Trying to secure a mortgage right now? From higher mortgage rates, to rising home prices to the contraction in buying power -- securing financing, for some, can be no easy endeavor. As prices, and rates rise simultaneously, lenders will still place the weighted emphasis on "real income," or, the amount of monthly payment you can afford -- as that's what the loan is truly made against. Unfortunately, the amount of debt you have effectively chips away at your "real income." So before you try to get a mortgage, you might want to pay down your debt. Just make sure you do … (4 comments)

harp: Five Typical Home Mortgage Misconceptions - 09/17/13 03:10 AM
Mortgage agreements can be complex documents, leaving many borrowers confused and misinformed. If you’re currently in the market to buy a home, here are five common mortgage myths that you should know about before you sign on the dotted line.     1. Pre-qualification and pre-approval are not the same thing   When searching for a home, pre-qualification can be a helpful first step to find out which homes will fit your price range. However, many people make the mistake of thinking that  this back-of-the-envelope calculation actually means they have a loan on the line. To pre-qualify, a financial institution doesn’t … (4 comments)