We are standing on the foundation of integrity and honesty to provide you with what you want and need to buy your desired property by getting the best possible financing available and make the process as easy as possible for you. Think of us as an extension of you in this process.
Recognizing the value of the money and the importance of your financial decisions, we will work to find you the home loan that best serves your needs. Along the way you can expect to have honest and clear communication from our team to push your loan through as quickly as possible.
The most common type of conventional loans, almost two third of the homes purchased in the United State are conventional loans, these mortgages are not secured by the government rather they are issued by the various Banks, Mortgage companies or other financial institutes.
Some of the benefits of Conventional loans are:
Is refinancing suitable for you? You might have heard this “the numbers never lie”, we will go over the Loan numbers (new rate, new payment, etc ) to determine if refinancing would be the best solution for you or you should stay with the current loan.
How does it work?
When you refinance a new mortgage replaces your existing mortgage loan. A new loan is applied for just when you originally purchased your home. This new loan will pay off the old loan and replace itself as your new home loan.
Refinancing will give the homeowner an opportunity to choose a new interest rate as well as new term on their home loans or in some cases get a cash out on the equity of their home.
Many homeowners refinance to get a lower mortgage rate. Refinance mortgages can also lower your loan term and help you pay your home off sooner, eliminate mortgage insurance, or cash out your home equity to pay off debt or do some home improvements.
You know the cliché; Buying a home is the most important financial decision you can make. I don’t know if that is true or not but it is up there in rank as one of the most important financial decisions. The process is full of paperwork, escrow, title… and can be overwhelming. You can count on our team to make it as easy a decision as possible. You are in good hands; you will have one of the experienced team members to assist you in finding a house that you can turn into your home.
By completing a few lines of information, you will give us a starting point to assist you further.
Credit score is a number between 300 to 850 that Lender’s use to determine whether to extend or deny credit. The range of the credit score for the purpose of obtaining a mortgage is 620 and higher. Of course, there are other factors involved which the team will assist.
To answer this question, we need to determine your gross income, how much other debt you currently have and generally the recommended monthly mortgage payment should fall somewhere between 28% to 36% of the gross income.
By having a Preapproval letter, you are telling the seller or seller’s agent that I can purchase their property. Without it they will not take your offer seriously. Therefore, we prepare a letter for you telling the sellers your ability to purchase their property.
You either have your own real estate agent or we can assist you to find a home in the areas of your interest, within your budget and the condition of the house that you desire.
The next step is to make sure that we get the best possible price and terms for your purchase. This is when you can count on us to use our vast experience to get you the best possible deal.
After your offer is accepted and both parties have signed the purchase agreement. It is time for us to make sure all the disclosures and necessary forms are done in a timely manner from the start to finish.
We will send all the documents to the escrow company of your choice to start the sales process. Think of the Escrow company as a mediator or a referee to reduce the risk between two related parties, in this case seller and buyer of the property.
Before we close the transaction, we will send a building inspector to give the house a once over and let us know if anything needs to be repaired or give attention to. After reviewing the inspection report we will go over it with you and if necessary, we can ask the seller to make the appropriate repairs.
Should you decide to use our loan servicing option we will work with you and your real estate agent to obtain the best interest rate and close and fund your loan in a timely manner.
We are now ready to hand over the key to you and invite you to enjoy your new home.
We understand rental property. Are you ready for one? Is it a single family or multifamily unit? Which is better? What am I getting myself into? How much down payment do I need? Is the loan qualification different from purchasing a single family home?
All the above are valid questions or concerns that you may have, we can guide you through it.
Contact us today and set up a free personal interview.
We understand in this competitive market it is empirical that you have your pre approval letter quickly to show it to your seller. You have one within an hour.
We work with you to seek through the various programs available through our lenders to qualify you for the lowest mortgage rate that fits your needs.
We take pride in the fact that it is the foundation of our practice and that is why we founded our company. You can count on us to take care of your loan and real estate purchase.
If you’ve recently fallen behind on mortgage payments, you’re not alone. More than 3 million homeowners missed, delayed, or made a partial payment in September 2020, according to the Mortgage Bankers Association.
There are solutions that could apply to you. Our first attempt is to negotiate with your bank and see if we can work with them to save your home. Otherwise we guide you to arrive at the best route for you to avoid foreclosure.
14652 Ventura Blvd. 201
Sherman Oaks, CA 91403
Office Phone Number: 818-774-3700
Office Fax Number: 818-774-3711
We Look Forward To Connecting With You!
