Mortgage Job

Work in an office where no one has your back?

Processor has no time to review your file?

Company does nothing to promote YOUR brand?

 Have years of experience in the field?

Want to close more mortgage loans quickly?
Feel tangled in the mess you are in?


If you answered yes to these above, I would love to talk with you about how we can help you achieve your continuing goals and support your needs

We can make the transition smoothly. You’ll work in an office where your experience and knowledge is treated with respect. Feel passion for the loan business and have fun.
Caroline Gerardo
Branch Manager
Mortgage Banker
(949) 637-8190
NMLS #324982
23041 SW Birch Street. #330 Newport Beach California 92660


Upcycled Orange County Garden

galvanized trash can repurposed to succulent planter
Container from galvanized trash can planted with succulents. Fill the bottom with perlite and sand and poke holes  (if it doesn't already have some:) This will help the pot to drain.

 One pint of TRUST a dash of Caring ( I would say gallon of caring) understanding, shared secrets, mutual affection, respect, common interest, listening and fun. Sweet plaque for the patio
A fairy circle of pots?

fountain in the table

This fountain is an old cast iron shop table from a school that was throwing it away. The top is a door cut in unequal halves. (Cutting the one channel in a 1/3 proportion makes this fun. Old reused galvanized rain gutters for the water spout. A new pump, gravel and a variety of ferns
staghorn fern

At the end of this summer I need to divide some of my stag horns. I'm looking for new ways to use recycled barn wood or cast iron gate material to hang them. Any ideas? Recycled, upcycled materials that can hold weight?
wooden farm crate as planter

dahlias in my garden
Dahlia - love this color but - but - I planted white ones. Another summer surprise in my garden.

Bird houses in a neighbor's patio.

One of many  of my hardy begonias. Three years ago the tuberous fancy ones got a blight. I couldn't find good replacements at Plant Depot, or Green Thumb or Laguna Nursery. Instead of replanting the ones that disappeared I tried some new varieties I have a couple that are five feet tall. The best surprise is a few that did not bloom or shoot waxy leaves in the past three years somehow are back. Surprise they are smiling in my garden. Come on over I'll serve you tea and send you home with organic seeds.
Caroline Gerardo

Garden Gates

garden gate and trellis
This Arching Cottage gate with Trumpet Vines is "California Eclectic" - Succulents, geranium and front yard swing set in Newport Beach 

arching gate

Elegant brick walkway with rose arbor arching over the entry way in this Laguna Beach cottage.
simple white garden gate
This simple PVC gate is flanked by privet hedges. It needs some color or more white flowers in pots.

california modern or bungalow gate
Craftsman and California modern with Bower vine

beach cottage gate
This casual unpainted teak gate is fun and funky. It suits the tiny friendly clapboard cottage

brick posts for gate
The curved brick walk way add charm to this entry. There is no gate but a wooden triangle will hold the wisteria when it droops purple cascades of flowers next spring.

boho funky trellis and chain link gate

Even the most casual of gates can be charming. This is an old style chain link fence with a trellis holding stephanotis - the white flowers are intoxicating. They grow very slowly and only in part shade. This vine may be more than ten years old.
white picket fence gate
Picket fence gate- this is also pvc ( not my material of choice but popular because they advertise in California the advantage of never having to paint or worry about termites. The plastic does age, oxidize and get chalky looking in our moist weather of Orange County Coastal California

pretty wooden gate
Wooden craftsman somewhat Oriental feeling without any vines.


Chase Bank Mortgage Foreclosure Cases to Follow

Stodgy Bankers?

CHASE Bank Recent Court Cases Regarding Mortgage Foreclosures

Bakenie v. JPMorgan Chase, Case No. SACV12-0060 JVS

U.S. District Court, Central District of California (Santa Ana) 1/13/2012
Joseph Arthur Roberts, Newport Beach, CA, attorney for Ernest Bakenie

Plaintiff alleges that J P Morgan Chase is engaged in the business practice of deceiving bankruptcy judges, creditors, debtors, and attorneys as to Chase's status as a secured creditor in thousands of bankruptcy cases filed nationwide.

Through fabricated assignments, endorsements and affidavits that purport to transfer Deeds of Trust, notes and the rights to money due under thousands of non-negotiable promissory notes, Chase is playing "hide-and-seek" with debtors and judges.

Where are the wet signed notes and deeds that are stored in numerous locations? How many were tossed in the trash?

The complaint seeks an order vacating all Bankruptcy orders, claims and awards granted based on Chase's misrepresentations and deceptive business practices. A case to follow, anxious to learn the outcome? Is Jamie Dimon unfairly gaming the courts?

Naranjo v. SBMC Mortgage, 2012 U.S. Dist. LEXIS 103735, Case No. 11-cv-2229-L(WVG)  July 2012

M. James Lorenz, District Judge, U.S. District Court, Southern District of California
Penelope Bergman, Deborah Gutierrez, Los Angeles, CA, attorneys for Carmen Naranjo

"The allegation in this case is the assignment of the loan into the WAMU Trust was not completed by May 30, 2006 as required by the Trust Agreement. This allegation gives rise to a plausible inference that the subsequent assignment, substitution, and notice of default and election to sell may also be improper. Defendants wholly fail to address that issue. This reason alone is sufficient to deny Defendants' motion with respect to this issue."

Settled on June 21, 2013.

Other legal mortgage issues continue to haunt the banks:

Banks took short cuts to foreclose on owner occupants in cases still pending in California.

 Notice of default did not include a declaration required by Cal. Civil Code §2923.5

 MERS cases still churning in the court system

Time lines increased for lenders to make work outs

Values have increased perhaps getting some homeowners back into the black
Will Orange County's recovery be enough to stop foreclosures? The numbers of notice of defaults in Orange County, California have greatly reduced. This is due to values climbing.


What is APR?


The annual percentage rate (APR) is an interest rate reflecting the cost of a mortgage as a first   yearly rate.  This rate is likely to be higher than the stated note rate or advertised rate on    the mortgage because it takes into account points and other credit costs.  The APR allows   homebuyers to compare different types of mortgages based on the annual cost for each    loan.  The APR is designed to measure the “true cost of a loan.”  It creates a level playing   field for lenders and prevents lenders from advertising a low rate and hiding fees. Most lenders advertise rates with one point origination buried into the rate.

Your monthly payments are strictly a    function of the interest rate and the length of the loan.

Because different lenders calculate APRs differently, a loan with a lower APR is not exactly a better rate.  The best way to compare loans is to ask lenders to provide you with a good-faith estimate of their costs on the same type of program (e.g. 30-year fixed) at the same interest rate, on the same day around the same time. Rates change sometimes several times a day.  Then disregard the fees that are independent of the loan such as homeowners insurance, title fees, escrow fees, attorney fees, etc.  Then add up all the loan fees.  The lender that has lower loan fees has a cheaper loan than the lender with higher loan fees.

The following fees are generally included in the APR:
- Points – both discount points and origination points

I generally discourage borrowers from paying any more than a half a point. If you plan on staying in the property for at least five few years, paying a half a discount point to    lower the loan’s interest rate can be a good way to lower your required monthly loan payment.  If you  only plan to stay in the property for a year or two, your monthly savings is not be enough to recoup the cost of the discount points that you pay in cash or finance up-front
- Pre-paid interest.  The interest paid from the date the loan closes to the end of the month.

We lump our underwriting, processing, doc prep, DU or LP, flood, wire and others into a flat number of $1590.00. This makes it easier for a Borrower to compare the exact costs.
- Loan-processing fee
- Underwriting fee
- Document-preparation fee
- Private mortgage-insurance

- Tax service, flood certificate, wire transfers, email documents, all kinds of and a.. add a junk.

The following fees are sometimes included in the APR:
- Loan-application fee

The following fees are normally not included in the APR:
- Title or abstract fee
- Escrow fee
- Attorney fee
- Notary fee
- Document preparation (charged by the escrow or attorney agent)
- Home-inspection fees
- Recording fee
- Transfer taxes
- Credit report
- Appraisal fee

Please give me a bargain rate, a really cheap deal that I can trust

INTERESTING FACT: the APR on our 5 and 7 Year LIBOR loans the APR is lower than the actual rate.     Call me and ask why???  (949) 637-8190  Caroline Gerardo 
NMLS # 324982

S&P 500

1y Treasury
10y Treasury
30y Treasury
30y FXD
30y FXD Jumbo
Prime Rate
Bird houses because yes, APR is a bit boring have a great day


Mortgage Loans For Your Picket Fence House

Impatiens - love them because the snails in Orange County California Don't Eat Them
 Scroll down for my picket fence picks of the week.
Mortgage Loans: We Have Them All
80 15% No MI ~
Foreign National: Canadian, Australian, United Kingdom, etc. investment properties
Interest Only ~
FHA Fixed and Adjustable loans: 30 or 15 Year Fixed Rates and 1 Year 3 Year and 5 Year ARM’s
96.5% Purchase or 97.75% refinance
FHA 203k and 203k Streamline
FHA Police Officer, Firefighter and Teacher Next Door
VA Fixed and Adjustable Rates
VA interest rate reduction refinancing ( IRRRL ) LOANS
FHA Flipped Homes
Jumbo Super Jumbo
HOMEPATH – Fannie Mae purchased property no MI 97% loan
HARP unlimited LTV
Manufactured Homes
Purchase Close in 11- 15 Days
Cell: (949) 637-8190  7:00 AM – 7:00 PM 7 Days
Mortgage Banker          Fax: (949) 250-3938
Eye candy to reward you for stopping by:  Some images I took of entry gates, picket fences and curbside appeal
To Reward you some entry gates an picket fences I like this on with climbing rose is "ausbush" an Austin old heritage climber. They have added a hand painted address number and silly mailbox to make this feel warm. Corona Del Mar
 This iron gate has roses, geraniums and trumpet vines rambling around the posts. San Juan Capistrano
 Formal balanced composition- Big Corona Del Mar
Needs a little softening for me - north Laguna Beach
 Funky and fun red brick and bird houses and picket fence gate painted red for a punch of surprise
Happily Ever After Begins this picket fence - Dana Point bluffs
Splashes of red and bright makes this black and white house cheerful. This picket fence also has trellis lattice to neatly train the roses over the entryway. This keeps the curbside appeal of the stark painted simple home feeling tidy.
For me this is ultimate curbside appeal- image this perennial garden. The soft mounds of daisies, lavender, herbs smell glorious and the winding gravel driveway might be in the south of France - Arles but no it's a  Laguna Beach cottage. This is so homey oh la la curbside appeal.
Bougainvillea and morning glory wave a welcoming hand at this entry
 Top of the World Laguna Beach
Herbs at the bottom, pots of herbs braced to the railing with burlap curtain for privacy. A country entryway that also has curbside appeal 

Orange County Mortgage Companies - Who Will Last?

Herd photograph by Caroline Gerardo copyright
Mortgage Bankers and Loan Brokers will not be able to weather the storms unless they have enough cash. They may need billions of dollars in their nest-egg to be able to fund direct going forward.

How many of these Real Estate Lenders in Orange County, California will be open in 2014?

This is a brief list of Mortgage brokers, bankers, lenders and smaller loan shops serving the following communities: Aliso Viejo, Anaheim, Atwood, Brea, Buena Park, Capistrano Beach, Corona Del Mar, Costa Mesa, Cypress, Dana Point, East Irvine, El Toro, Foothill Ranch, Fountain Valley, Fullerton, Garden Grove, Huntington Beach, Irvine, La Habra, La Palma, Ladera Ranch, Laguna Beach, Laguna Hills, Laguna Niguel, Laguna Woods, Lake Forest, Los Alamitos, Midway City, Mission Viejo, Newport Beach, Newport Coast, Orange, Placentia, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Santa Ana, Seal Beach, Silverado, Stanton, Sunset Beach, Surfside, Trabuco Canyon, Tustin, Villa Park, Westminster, and Yorba Linda
First California Financial
Elsa Gonzalez
Joe Buono
Kemmer Matteson
San Juan Capistrano, CA 92675
Back Bay Funding
Christian Stewart
Kasey Kucher
Mike Boyd
Brett Kolb
John Reynolds
Lydia Vidriales
Zak Freedman
Fairchild Rd, Ste # 150
Irvine, CA 92612
Western Pacific Home Loans
Anaheim Hills, CA 92808
RTC Mortgage Corporation
Richard T Cirelli
Laguna Beach, CA 92651
Stratis Financial
Martin O'Malley
Huntington Beach, CA 92649
Mortgage Express
Bert Ryan
Carole Ryan
Hutton Center Dr Santa Ana, CA 92707

Kimberly Capizzi Huntington Beach, CA 92647
Turpin Group powered by PRMG Inc
Brad Turpin Irvine Center Dr Ste 460
Irvine, CA 92618

Mortgage Option Center
Jean Howard
Mortgage Option Center
Randy Stroops
Yvette Posey  Valencia Street
Costa Mesa, CA 92626

CALIFORNIA Equity & Loan
Bruce Conn
Kristen Morrison
Live Oak Canyon Road
Trabuco Canyon, CA 92679
Stratis Financial Corporation
Dennis C Smith
Leslie Smith
5 Bolsa Ave #250
Huntington Beach, CA 92649
Emery Financial Group
Brian Askew
Casey Wells
David Rooney
Jodie Hertel
Rick Geary
Tim Storm
  Newport Center Drive
Newport Beach, CA 92660
TUSTIN, CA 92780
Budica Financial Corporation
Bud Brower
Monica Brower
Processing Department
Irvine, CA 92618
Steve Whittaker
Sharon Whittaker
Steven Whittaker
Irvine, CA 92606
Excalibur Mortgage
Huntington Beach, CA 92649
point b funding
Caryn Schultz
Marie Beresford
Park Ave
Laguna Beach, CA 92651

Savers Home Loans  Guy Holman IV
Jason Mitchell
Jon Teunissen
Sam Malouf
Chuck Wright
Helen Green
Jeff Vance
Mark Green
S El Camino Real
San Clemente, CA 92672
Pacific Capital Mortgage Corporation
Troy McCleery
E Katella Ave Ste 100
Orange, CA 92867

Western Reliance Funding Group, Inc
David K Harrington

Avenida de la Carlota, Suite 180
Laguna Hills, California 92653
DeltaMax Mortgage
El Toro Road
Lake Forest, CA 92630
Mortgage Market Mentor
Avenida De Las Banderas 211 Rancho Santa Margarita, CA 92688

La Paz Mortgage

Cortez Johnson
John McDonald
Patrick Grover
Shelley Kee
Charles Leibold
Jeff LaCarre
Mike Slater
Philip Carnahan
Susan Beaver
Town Center Drive, Ste 177
Laguna Niguel, CA 92677

Independent Bankers Mortgage
Beth Schrecengost
Debra Linn
Gil Correa
James Miltenburg
Lupe Marsee
Robert "Greg" Gouw
Tammy Koepke
Tom Gyepes
Trudy Haines
Annie Tonnu
Carrie Waters
Frances Hoge
Grace Shih
Louise Colley
Rebecca Pringle
Sonya Hadley
Tim Rellaford
Tracey Galligan
Wendy Escobar-Menghini
El Toro Road, Ste 185
Lake Forest, California 92630

Intelty, Inc
Kulin (Ken) Dalal
Kusum Anil Mahajan
Sanjay Shah
Vishal Dudheker

Intelty Inc
Kunal Vakharia
kusum mahajan
Sudhir Parikh
E Miraloma Ave
Anaheim, CA 92806
Bonnie Hill
Credit Restoration
Nesa Kovacs
Ariana Washington
Call for Loan Modification Experts specializing in
Caroline Lawrence
Aliso Creek Rd
Aliso Viejo, CA 92656

Irvine Blvd Ste: 107
Newport Beach, CA 92660
Christensen & Associates, LLC A Financial Group
Anthony Christensen
Bolsa Chica #112 Huntington Beach, Ca 92649
Garden Grove 22 and 405 freeways, CA 92845

Laurus Mortgage
Neil Mehta

N Harbor Blvd
Fullerton, CA 92832
EVR Lending Inc

Lewis Butler
Lewis E Butler
Irvine Center Drive
Irvine, CA 92618
Morningstar Mortgage
Bill Gaffney
Rose Cornish
Beach Blvd Huntington Beach, CA 92647