Interest rates have dipped slightly in the past several weeks which is good news for you in a real estate market that seems to be going through a correction. If you got a loan in the late summer 2018, you may want to explore refinancing to a better rate. If you are already in the adjustable phase of an older ARM you are seeing your rate reset above 5% now, so it's a good idea to explore refinancing to a fixed product, which of course I can help with.
Low down/zero down buyers? - The CalHFA program offers loan programs with no down and no closing costs! Ask for details, in a less competitive market if you're a buyer this may give you a good opportunity to buy NOW!
Self employed borrowers - 12 month bank statements programs to qualify using deposits and NOT looking at income tax returns, let me know if you're a buyer like this.
Available to my office- HIGH balance up to $726,525 to 90% LTV even in NON high cost counties, like San Joaquin, Stanislaus, Sacramento, Solano, so basically ANY county in California that didn't have the high cost limit, is now eligible for a high balance limit up to $726,525. This product is only available to a very select group of brokers, and I have it. Call me for the details.
CONDO's in litigation- YES I can do them, construction defects etc.. let me know your scenario.
As always, have a safe and successful weekend and let me know how I can assist you in smooth, efficient and timely loan closing! Also, let me know Elizabeth Russo sent you too!
Sr. Loan Officer
Associated Mortgage Group
39180 Liberty St #101
Fremont, Ca 94538