Friends, Family Clients & Future Clients,
A Trusted, Local Lender sent us the following information >>>
Interest Rates have been below 3.50% 12 months in the past 60 + years. Below 3% - 1 month in the past 20 years!
- 30 year conventional loans are in the High 2’s for the most part!
- 30 year Government Loans (FHA / VA) are in the low and mid 2’s
- High Balance Loans $510,401.00-765,600.00 are in the high 2’s and low 3’s
- Jumbo loans above $765,600.00 are in the low to mid 3’s.
- Bank statement loans – They are available with 15% down! Hmm, we were at 10% down pre-Covid-19
- Stated income loans - I have one bank with 30% down, but everything else has to be perfect!
- 0 down loans are in the high 3’s - 660 credit score min right now!
- Private Money lenders are stepping in to a lot of business right now and we have many of those loan programs available. 35% down!
- First time Buyers Tax Credits are back, but on a very limited basis! 20% Tax credit on the interest they pay! Fabulous program!
- Interest rates are subject to change without notice! Above are Los Angeles County & Orange County Loan Limits.
We have recommendations for lenders, repairs, plumbing, electrical, termite repairs, painters, home inspections, virtual tours, escrow companies, insurance and many other real estate related resources. Our 24 years in real estate and lifetime in business have lead to many great relationships. Call, Text or Email us with any of your questions or concerns. We are always here for you.
We have opened our own real estate company called Summit Real Estate Group serving the Santa Clarita Valley & Orange County Beaches, Aliso Viejo, Mission Viejo and others. Please refer us to your family, friends, co-workers and acquaintances looking to Sell or Buy a Home in the Santa Clarita Valley or Orange County. They will receive the same quality of service as you have grown to expect from us.
Presented by your Friends & Realtor,
Tony & Dani Lewis & Paul & Tracey Dinkel
Summit Real Estate Group Serving Santa Clarita, Los Angeles & Orange County
Call us at 661-510-7975 or 949-305-0121