California Mortgage Broker

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Location:	92075
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California Mortgage Broker, in 92075

140 Answers
33 Best Answers
38 First Answers
336 Useful Answers

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About Me

Brian Brady, known on the internet as "America's Most Opinionated Mortgage Broker", is a San Diego-based loan originator with 20 years experience in consumer financial services.His background in securities brokerage gives him a different perspective than the average "loan hack". Mr. Brady integrates a mortgage into a financial plan with three goals in mind: Increasing a client's liquidity, minimizing a client's tax burden, and maximizing a client's return Visit his homepage (link) or call at: 877-800-1126 Extension 2318

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California M…'s Questions (74)

California M…'s Answers (140)

How is San Diego market doing now? Is it good time to buy investment/rental properties? I'm

Asked Wed Jun 11 2008, 14:14 by jmail - San Diego - Market Conditions - 11 answers

California Mortgage Broker answered:

Do a home search for properties in the 92057 Zip code, here on Trulia- keep them to under $225,000- Most of these properties sold north of $400K, in 2005. While that was overblown, you can see that there is a lot of room there.

Now, click the link below- Marine Corps NCOs have about $1,500-$1700/month for rent (and they spend it).

$20% down on a $200,000 home will have a PITI of about $1,550 - Tue Jun 24 2008, 15:29

contract on a loft downtown with HOA delinquincy issues!!

Asked Fri Jun 6 2008, 10:51 by Lb - 90014 - Financing - 3 answers

California Mortgage Broker answered:

There might be a few solutions:

1- FHA is a big maybe- they'll want to "approve" the complex and many of the issues FannieMae dislikes may discourage FHA.

2- Portfolio lenders would fund this deal...with 20% down payment. - Sun Jun 8 2008, 11:23

What's the best short-term place to buy in Phoenix area?

Asked Thu May 22 2008, 21:05 by David Gilmore - All locations - Home Buying - 2 answers

California Mortgage Broker answered:

I've owned property in The Valley for 12 years (both owner-occ and investment). Heed Christoph's advice. While the outer suburbs appear attractive based on price and the price to rent ratio, the areas he specified are in demand from tenants and owners.

Your time frame is awfully optimistic; it may take 5-7 years to realize a profit from a leveraged Phx real estate investment equal to a 3 year T-bill - Thu May 22 2008, 22:41

How do I find the best deal on a mortgage?

Asked Mon Apr 23 2007, 15:51 by J.P. - Santa Barbara - Financing - 7 answers

California Mortgage Broker answered:

The secret is this; organize your documentation BEFORE you call around. If you follow these seven steps and compile a package that you can e-mail to mortgage originators, you can effectively play us off one another and get smoking great terms for a home loan.

Click the link for the seven steps: - Sun Oct 14 2007, 08:48

Since Michigan is near or at top of foreclosures - are lending requirements tougher in this state?

Asked Fri Oct 5 2007, 19:19 by Mita - Michigan - Foreclosure - 6 answers

California Mortgage Broker answered:

Lending requirements are consistent throughout the nation.

Fannie Mae and Freddie Mac are, however, flagging certain "declining areas" for review appraisals which are reducing the loan amounts. That shouldn't be a problem in a purchase transaction. - Sun Oct 7 2007, 10:04

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