Except for San Francisco and San Mateo Counties, home prices in the Bay Area remained relatively flat according to data provided by local Multiple Listing Services. Year-over-year prices flatlined across the Bay Area, except in Santa Clara and Sonoma Counties where prices retracted. All four of these counties, however, have reached historically high…
Added by Ken Walker on July 30, 2019 at 11:01am — No Comments
You or your client being turned down elsewhere for a home mortgage? This is where we can come in and help with our alternative financing programs – also known as Hard Money.
Call us at 707-523-2099 today with any questions or scenarios you have. We’ll get back to you quickly!
Added by Ken Walker on July 25, 2019 at 10:19am — No Comments
All of us would like to think we are going to retire someday, and hopefully, it will be comfortably. To that end we are encouraged to contribute to a 401K. Unfortunately, the growth rate of most 401K accounts will not offer us the retirement we anticipate. As an example, even if you were to put $250 a month into a Roth and get a modest 3.5% return on your…Continue
Added by Ken Walker on July 23, 2019 at 10:44am — No Comments
“A guy in a white cowboy hat was boarding a plane in Seattle when he gets a phone call from a frantic agent: HELP! My client’s loan got denied and it has to close on Friday! (Keep in mind it is now…Continue
Added by Ken Walker on July 18, 2019 at 10:58am — No Comments
Self-employed borrowers have always had a difficult time proving their credit worthiness; however, there is a solution. Despite the roll-back on mortgage regulations, there is a product known as an “alternate documentation” loan, which has helped potential homeowners overcome this obstacle.
Let’s look at a variety of situations which might make…Continue
Added by Ken Walker on July 16, 2019 at 10:34am — No Comments
Despite being turned down by other Underwriters or Lenders, get fast approvals and funding of loans here!
Make us your first and favorite Hard Money Lender. We can help those turned down elsewhere and our specialty is speed.
Call us today at 707-523-2099 or email us back with any scenario. We will you know quickly…Continue
Added by Ken Walker on July 11, 2019 at 10:13am — No Comments
Assuming you have enough equity in your home, accessing it to pay off much higher consumer debt is a viable and cheaper alternative. Paying off high-interest credit cards or high-rate loans with a lower-interest home loan makes sense for many borrowers. However, as with any choice, there are Pros and Cons to be considered. Let’s…Continue
Added by Ken Walker on July 9, 2019 at 10:10am — No Comments
A Mortgage Broker contacted us about a Borrower who was having difficulty getting loan approval for an investment property purchase. He had another property which had incurred some late-payment penalties and so his credit wasn’t good enough.
This was not an issue for our Hard Money loan…Continue
Added by Ken Walker on July 5, 2019 at 10:20am — No Comments
In 2018 the Pew Research Center released a report showing that almost 1 in every 5 Americans lives in a multigenerational home. In fact, the numbers of two or more adult family members living under the same roof increased from 26.8 million in 1960 to 64 million in 2016. Why the increase in this type of living arrangement?
Added by Ken Walker on July 2, 2019 at 11:11am — No Comments