Please read my recent article titled: Excelling in the "New Normal" mortgage Market which is published in one of the most recognized mortgage magazines called Scotsman Guide!Find the soft copy of the article
What is a Legacy? Since High School, I have been writing. I wrote every morning like some people do yoga or walk their dogs. With my manual Royal typewriter set up on the desk that my Dad used when he
Federal Reserve Got a New Chairman! Â Janet Yellen sworn in on Monday and took over the position from Ben Bernanke as the new chairman of Federal Reserve Bank to be first woman taking such a leading
QMÂ Â Implemented! A new era for the mortgage industry began from January the 10th as Qualified Mortgage rules also known as QM officially went into effect. These rules which were introduced by Consumer
Your To-Do list after close of escrow In LA County the next day after your loan funds, escrow gets it recorded at the county courthouse and that is when your real estate transaction closes. In some other
Hello Cory, There may be a set standard in many cases buy I negotiate what the maximum can be as not more than what is needed to close. I offer the CHF Access half percent down payment program which is a low amount and the client is not allowed to get any money back with this program so I have to negotiate to near 1% or less. This program can also contribute towards their closing costs as well.
The CHF Access program is only half percent down with a minimum 580 fico up to 417k and then requires a minimum 600 fico up to $729,750. I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. I work directly with the bureaus and takes only 3-4 days in most cases. Here is a link, flyer, maximum income limits and a needs list to gather for processing a loan approval. I assist Agents/Brokers clients throughout CA with the many loan programs I offer. Let me know if anyone has questions...
Sheryl Arndt, Real Estate Broker â€“ Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience