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Financing in Clovis : Real Estate Advice

  • All116
  • Local Info21
  • Home Buying32
  • Home Selling0
  • Market Conditions6

Activity 5
Tue Oct 23, 2012
Victoria Cockrum answered:
I have been trying for years to get financing and NO LENDER will even look at you if your score is below 620
0 votes 8 answers Share Flag
Sat Oct 22, 2011
If you want to stay in your house and lower your payments by half, you may want to consider a house lease back.
0 votes 15 answers Share Flag
Thu Jan 31, 2008
Jim Walker answered:

I have an email from a very large builder. They offer a 30 year fixed rate at 4.875% ( 4.88% APR )
Whats the catch? Well it is available when you buy one of that builders new homes, this weekend.
The builder pays all the closing costs too; which is why the APR is virtually the same as the note rate.

Available? Yes. Common: No.

A survey of national averages indicate an average of about 5.5% note rate and an average APR of about 5.8% APR
(,, Bloomberg and others).- for a 30 year fixed rate loan.

My loan officer can beat the national average on any given day for high credit score owner occupant buyers. In order to obtain the 5% APR with her or most any lender today, you would need to have the seller make a contribution to the loan fees, as the builder that I mentioned is doing. Resale sellers have the option to this if they want to compete with new home builders.
... more
0 votes 7 answers Share Flag
Mon Apr 23, 2007
Jan Waegele answered:
Among some good lenders in this area are: Wells Fargo Mortgage, Fresno County Federal Credit Union, Educational Employees Credit Union, USAA, Washington Mutual; remember, the personal relationship you have with your lender is extremely important. If you do not trust or do not feel comfortable with your lender, ask for another loan agent with the same company. What matters most is the job the loan agent will do for you in order to get the job done and keep you informed along the way. ... more
0 votes 1 answer Share Flag
Mon Apr 23, 2007
Sandra J Steele SFR, AHWD, SRS answered:
Your real estate agent should have a list for you to investigate from. Sandra@CottonwoodHomesforSale is my email address.
0 votes 3 answers Share Flag
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