Your Loan Approval

Real Estate Agent with

Yes, the market has been scary but I believe we are seeing the light at the end of the tunnel!

The foreclosures and short sales may have reached the worst level and from this point on we may see an improvement in sales activity.

Buyers are beginning to realize that this is the time to buy, that there may still be a decline in prices but not as significant as it has been in the last couple of years.  There have been many mulitiple offers on properties and that is an indication that the demand is rising and prices may become stable soon.

Now is the time to start preparing for your purchase.  FHA is offering Jumbo loan borrowers an opportunity that will soon disappear.  So start your research and find out what is available to you. Contact your loan representative and learn all you can about your options and be prepared with a full loan approval to snap up that home you find.

There are programs available that allow even jumbo loan borrowers some attractive loan rates with a minimal down payment.  You can find down payment assistance on line through and  (Neither are affiliated with FHA.)  Check with your lender and explore some of these possibilities.

3% down frightens sellers and agents alike.  The chances of loan failure have become much more common than ever before and if you want to be certain that you can successfully close the deal, get your loan fully approved before you make an offer.  The agents and sellers will welcome you and feel more confident that the deal will close if you are approved.  I am not talking about a pre-qualification or pre-approval,  I am talking about the real thing...full approval.  All that will be necessary when you have the full approval is naming the property and your inspections, etc.

Your chances of getting a good deal and being the lucky one to get that home you have had your eye on are much better if you have your loan in place, ready to go.  You will have an advantage over other buyers if you are fully approved, even if you only have 3% down. 

If you need assistance, questions answered or want to search for a home on line, please contact Wendy Pickard at


Wendy Pickard

(805) 558-6624

Thousand Oaks, Wood Ranch, Simi Valley, Westlake Village, Calabasas, Camarillo, Moorpark, Newbury Park, Ventura County



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
California Ventura County Thousand Oaks Braemar And Symphony Thousand Oaks
thousand oaks
home buying advice
wood ranch
home assistance

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Wendy Pickard

Ask me a question
Spam prevention

Additional Information