Here's a friendly letter from a long time loan agent. 

I thought you'd enjoy the read, if you're looking for loan advice.

Interest rates have dipped slightly in the past several weeks which is good news for your buyers in a real estate market that seems to be going through a correction. Borrowers who got loans in the late summer 2018 may want to explore refinancing to a better rate. Borrowers who are already in the adjustable phase of their older ARM's are seeing their rate resets above 5% now, so a good idea to have them 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 these buyers may have 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 have buyers 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 any of your current and previous clients in smooth, efficient and timely loan closings!

Thank you,

Eric Chauhan Sr. Loan Officer  Associated Mortgage GroupEric Chauhan
Sr. Loan Officer
echauhan@aol.com
Associated Mortgage Group
39180 Liberty St #101
Fremont, Ca 94538
PH: 510-494-2625
CELL: 510-676-8939
FAX: 510-744-9835
BRE: 01314394
NMLS: 240203