Loan Amounts Increase Conforming

A Little Present for the Holidays!

Loan Dollar Amounts INCREASE

Caroline Gerardo NMLS 324982  phone   949   784- 9699

Fannie Mae and Freddie Mac Mortgage Loan Limits UP for California

Some Counties Loan Amounts Increased $15000.+

 COUNTY NAME CA  /Single Family Duplex Triplex Four Units

 ALAMEDA CA $418600 $ 636,150 $ 814,500 $ 984,525 $ 1 ,223,475

 ALPINE CA $ 463,450 $ 593,300 $ 717,150 $ 891,250

 AMADOR CA $ 424,100 $ 543,000 $ 656,350 $ 815,650

 BUTTE CA 17020 $ 424,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 CALAVERAS CA $ 424,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 COLUSA CA $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 CONTRA COSTA CA 41860 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 DEL NORTE CA 18860 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 EL DORADO CA 40900 $ 4 88,750 $ 6 25,700 $ 7 56,300 $ 9 39,900

 FRESNO CA 23420 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 GLENN CA $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 HUMBOLDT CA 21700 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 IMPERIAL CA 20940 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 INYO CA $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 KERN CA 12540 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 KINGS CA 25260 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 LAKE CA 17340 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 LASSEN CA 45000 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 LOS ANGELES CA 31080 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 MADERA CA 31460 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 MARIN CA 41860 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 MARIPOSA CA $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 MENDOCINO CA 46380 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 MERCED CA 32900 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 MODOC CA $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 MONO CA $ 5 29,000 $ 6 77,200 $ 8 18,600 $ 1 ,017,300

 MONTEREY CA 41500 $ 5 75,000 $ 7 36,100 $ 8 89,800 $ 1 ,105,800

 NAPA CA 34900 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 NEVADA CA 46020 $ 4 77,250 $ 6 10,950 $ 7 38,500 $ 9 17,800

 ORANGE CA 31080 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 PLACER CA 40900 $ 4 88,750 $ 6 25,700 $ 7 56,300 $ 9 39,900

 PLUMAS CA $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 RIVERSIDE CA 40140 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 SACRAMENTO CA 40900 $ 4 88,750 $ 6 25,700 $ 7 56,300 $ 9 39,900

 SAN BENITO CA 41940 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 SAN BERNARDINO CA 40140 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 SAN DIEGO CA 41740 $ 6 12,950 $ 7 84,700 $ 9 48,500 $ 1 ,178,750

 SAN FRANCISCO CA 41860 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 SAN JOAQUIN CA 44700 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 SAN LUIS OBISPO CA 42020 $ 5 86,500 $ 7 50,800 $ 9 07,550 $ 1 ,127,900

 SAN MATEO CA 41860 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 SANTA BARBARA CA 42200 $ 6 25,500 $ 8 00,775 $ 9 67,950 $ 1 ,202,925

 SANTA CLARA CA 41940 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 SANTA CRUZ CA 42100 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 SHASTA CA 39820 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 SIERRA CA $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 SISKIYOU CA $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 SOLANO CA 46700 $ 4 31,250 $ 5 52,050 $ 6 67,350 $ 8 29,350

 SONOMA CA 42220 $ 5 95,700 $ 7 62,600 $ 9 21,800 $ 1 ,145,600

 STANISLAUS CA 33700 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 SUTTER CA 49700 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 TEHAMA CA 39780 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 TRINITY CA $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 TULARE CA 47300 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 TUOLUMNE CA 43760 $ 4 24,100 $ 5 43,000 $ 6 56,350 $ 8 15,650

 VENTURA CA 37100 $ 6 36,150 $ 8 14,500 $ 9 84,525 $ 1 ,223,475

 YOLO CA 40900 $ 4 88,750 $ 6 25,700 $ 7 56,300 $ 9 39,900

Call C G if you want to know conforming loan amount for any county in the

United States

https://www.carolingerardo.eaglehm.com

call  949 -- 784  -9699 

South Coast Plaza Office

Fannie Mae and Freddie Mac Maximum Loan Limits for Mortgages 

Acquired in Calendar Year 2017 and Originated

after 10/1/2011 or before 7/1/2007

(These limits were determined under the provisions of the 

Housing and Economic Recovery Act of 2008)

November 2016

Refinance No worry about Continuity of Obligation

Continuity of obligation is being eliminated for Fannie Mae.
I assume Freddie will follow in the months to come.
This policy was set up by Fannie Mae and Freddie Mac after the financial crisis or as I call it - The Third Great Depression
to ensure borrowers who recently bought a property
or whose name was recently added/ transferred title
were limited to refinancing, or not allowed in some cases.

Example:
Harriet and Arnold own a home and lost their jobs
They get behind on payments. They transfer title to son who has good credit and income.
Son refinances getting cash back to pay the arrears.
Rather than allowing this to roll and continue
Son was required to demonstrate "Seasoning"
- own the house six months or 12 months and
show taxes, paychecks and bank statements with
subject address. Sometimes this occurred multiple
cash out refinances to avoid the inevitable.

Eliminating this type of requirement will make
refinancing properties easier. DU or Desktop
Underwriter is not updated with this enhancement
yet but will loosen mortgage process.

Today there are tools that can check the
"owner occupancy" - appraisal and online
snoop tools determine who actually occupies
the home.

Good news for Borrowers who want to
refinance NOW with the huge dip down
in interest rates.

Call and see what we can do to get your
low rate mortgage into the 3's
Caroline Gerardo Eagle Home Mortgage
Committed to Getting You Home
NMLS 324982
(949) 784-9699

Freddie Tightens Underwriting AGAIN

Freddie Mac rules for conversion of a property to investment or second home revised. More reserves for the property conversion are now required , and you will have to qualify with both payments and extra appraisals needed.

 

Borrower converting Primary Residence to second home:

 

If the Borrower is converting a Primary Residence to a second home, and purchasing a new Primary Residence, the following requirements apply:

 
The monthly payment amount for the property being converted to a second home and the monthly housing expense for the subject property must be included in the monthly debt payment-to-income ratio in accordance with the requirements • The reserves requirements must be met.

 

Borrower converting 1-unit Primary Residence to an Investment Property:

 If the Borrower is converting their 1-unit Primary Residence to an Investment Property and purchasing a new Primary Residence, the following requirements apply:

The Seller can use rental income from the property being converted to qualify the Borrower, provided that:

The loan-to-value (LTV)/total LTV (TLTV)/Home Equity Line of Credit TLTV (HTLTV) ratios of the property being converted are less than or equal to 70%, as evidenced by an appraisal with at least an exterior-only inspection that meets Freddie Mac requirements

 

And the Borrower's federal income tax returns must reflect a two-year history of managing investment properties when a signed lease is used to determine the net rental income

The rental income is documented with a copy of the fully executed lease and, in addition, the receipt of a security deposit from the tenant with evidence of the deposit into the Borrower's designated account

 

Borrower converting 2- to 4-unit Primary Residence to an Investment Property:

 

If the Borrower is converting their 2- to 4-unit Primary Residence to an Investment Property and purchasing a new Primary Residence, the following requirements apply:

• The Seller can use a maximum of 75% of the gross rental income from the unit previously occupied by the Borrower to qualify the Borrower, provided that:

o The LTV/TLTV/HTLTV ratios of the 2-to 4-unit property being converted are less than or equal to 70%, as evidenced by an appraisal with at least an exterior-only inspection that meets Freddie Mac requirements, and o The rental income is documented with a copy of the fully executed lease and the receipt of a security deposit from the tenant with evidence of the deposit into the Borrower's designated account • Rental income for the units not previously occupied by the Borrower may be used to qualify the Borrower

 

Additional reserves required for Mortgages secured by Primary Residence when Borrower's current Primary Residence is pending sale or being converted to a second home or Investment Property:

Pending sale or conversion of 1- to 4-unit Primary Residence to second home or Investment Property - Additional required reserves:

• Six months for the subject property, and • Six months for property pending sale or being converted

 When loan-to-value (LTV)/total LTV (TLTV)/ Home Equity Line of Credit TLTV (HTLTV) ratios are <=70% for property pending sale or being converted:

• Two months for the subject property, and • Two months for the property pending sale or being converted

Translation:
You are buying another home and not selling your current residence.
You must have rental properties on your past two years taxes to be able to use any rents.
If you do not own any rentals, you will need to qualify with both principle interest taxes insurance and Home Owner Association fees.
Freddie Mac is tightening up once more for the millionth time. Fannie will follow suit on conventional loans.
Tighten that belt on the American Home Buyer again Freddie.

 

 

Short Sale ? Fannie Mae Owes You Money?

FHFA Oversight of Fannie Mae’s
Remediation Plan to Refund
Contributions to Borrowers
for the Short Sale of Properties

 January 15, 2014
Federal Housing Finance Agency Office of Inspector General

 
FHFA Oversight of Fannie Mae’s Remediation Plan to Refund
Contributions to Borrowers for the Short Sale of Properties


Short sales, also known as preforeclosure sales, are a part of Fannie Mae’s foreclosure alternative strategy that can minimize the severity of losses it incurs as a result of loan defaults. In a short sale, the borrower sells the residence for less than the balance remaining on the loan and uses the proceeds to help satisfy the mortgage obligation. The proceeds received from a short sale are less than the amount of debt secured by liens against the property, which most often results in a loss to the Enterprise. In certain short sale transactions, depending on the borrower’s financial condition, the borrower may be required to make a contribution toward the short sale, which in turn reduces the Enterprise’s loss on the sale.

Through their Seller/Servicer Guides, Fannie Mae and Freddie Mac provide guidance on a large number of matters, including delinquency management and default prevention. Servicers are required to comply with the guidance through their contractual agreements with the Enterprises. The Enterprises have quality control processes that are designed to identify and address servicer noncompliance and the contracts include remedial tools, such as financial penalties. Pursuant to its delinquency management and default prevention guidance, Fannie Mae expects servicers to identify borrowers who are having difficulty making mortgage payments due to a financial hardship and offer appropriate workout options, such as a short sale. Fannie Mae also depends on its servicers to evaluate borrowers for contributions unless they are required to request approval from Fannie Mae for the contribution amount. Furthermore, Fannie Mae relies on its servicers to collect borrower contributions with the net proceeds from the short sale closing.
 
Before Fannie Mae clarified the requirements for borrower contributions, there was little guidance for servicers to follow with respect to requesting contributions and collecting them. On August 22, 2012, Fannie Mae issued Servicing Guide Announcement SVC-2012-19 that introduced new requirements to simplify and streamline the short sale process.
1 This announcement provided specific guidance for evaluating a borrower for a contribution and reminded servicers that they must not request cash contributions and/or promissory notes where applicable law prohibited borrower contributions; however, it did not state that borrower contributions were prohibited in California.

1
Servicing Guide Announcement SVC-2012-19 is entitled, "Standard Short Sale/HAFA II and Deed-in-Lieu of Foreclosure Requirements."

2
This law, Section 580e of the California Code of Civil Procedure, provides that a deficiency judgment shall not be rendered for any note secured by a first lien where the property is sold for less than the amount of the indebtedness with the written consent of the mortgagee, if certain conditions are satisfied. CAL. CIV. PROC. § 580e(a)(1).

3
Section 610.02.01 of Fannie Mae’s 2012 Servicing Guide prohibits borrower contributions for HAFA short sales. The guide states that "Cash contributions or promissory notes are not permitted under HAFA; therefore, if a servicer or mortgage insurer determines that a borrower has an ability to contribute meaningfully to reducing the potential loss on the mortgage loan, the borrower is not eligible for HAFA and may only obtain a preforeclosure sale or deed-in-lieu under the requirements of other Fannie Mae preforeclosure sale or deed-in-lieu alternatives." See Fannie Mae Single Family 2012 Servicing Guide Part VII, § 610.02.01.

4 The SAI establishes consistent policies and processes for the servicing of delinquent loans owned or guaranteed by Fannie Mae and Freddie Mac (the Enterprises).


Although Fannie Mae issued guidance to its servicers informing them of the requirements for evaluating borrower contributions, Fannie Mae and its servicers did not always have the option to collect them. On September 30, 2010, the state of California enacted a law which went into effect on January 1, 2011, that prohibited a deficiency judgment for any note where the property sold for less than the indebtedness.
2 According to Fannie Mae, the language of this new law was unclear and did not expressly prohibit borrower contributions in short sale transactions.

On July 11, 2011, the state of California amended Section 580e on an emergency basis to provide clarity in connection with borrower contributions on short sale transactions. The amendment, which went into effect four days later on July 15, clarified the law to include an express prohibition against any type of borrower contribution in connection with a short sale. Specifically, Section 580e subsection (b) forbids "A holder of a note" from requiring the borrower "to pay any additional compensation, aside from the proceeds of the sale, in exchange for the written consent to the sale."

Fannie Mae and its servicers were also prohibited from collecting contributions for short sales completed through Fannie Mae’s Home Affordable Foreclosure Alternatives (HAFA) Program that went into effect on August 1, 2010.
3 Fannie Mae’s HAFA Program was discontinued with the implementation of the Standard Short Sale Program on November 1, 2012, which was created as part of FHFA’s Servicing Alignment Initiative (SAI).4 Federal Housing Finance Agency Office of Inspector General •AUD-2014-004 •January 15, 2014 3

Finding: FHFA Should Oversee Fannie Mae’s Remediation Plan to Refund Contributions to Borrowers for the Short Sale of Properties


Through its review of closed short sale transactions in a recently completed audit on short sale borrower eligibility,
5 OIG found that Fannie Mae and its servicers may have improperly collected borrower contributions for short sales of properties on two fronts—in the state of California and under the HAFA Program, which was available in all states. The collection of these borrower contributions prompted Fannie Mae to initiate a remediation plan to return up to $3,173,249 to borrowers who may have been impacted from the short sale of properties located in California and up to $53,000 for HAFA short sales.

5
See OIG, Fannie Mae’s Controls Over Short Sale Eligibility Determinations Should be Strengthened, AUD-2014-003 (November 20, 2013), available at http://www.fhfaoig.gov/Content/Files/AUD-2014-003.pdf.

As of July 15, 2011, the state of California expressly prohibited the holder of a note from requiring the borrower to pay any additional compensation in exchange for the written consent to a sale other than the sale’s proceeds. This would include the collection of borrower contributions as a condition of a short sale. Nonetheless, based on a review of short sale data provided by Fannie Mae, it appeared that Fannie Mae’s servicers collected borrower contributions for 124 short sales completed during 2012 that would be contrary to the amended California law. Upon identifying this issue, OIG followed up with Fannie Mae to identify all short sales of California properties where borrower contributions were collected since the law became effective on January 1, 2011.

As reflected in Figure 1, Fannie Mae provided the OIG with data showing that 1,222 borrower contributions may have been improperly collected for the short sale of California properties closed between January 1, 2011 and June 30, 2013. The contributions were either cash or promissory notes executed by borrowers to pay the contribution over time. However, Fannie Mae has advised that there are significant data accuracy issues and has identified a number of short sales where the data reported to Fannie Mae by its servicers erroneously reflects the collection of a borrower contribution. Therefore, the total number and amount of borrower contributions improperly collected may be substantially less than the data supplied by Fannie Mae.
Federal Housing Finance Agency Office of Inspector General •AUD-2014-004 •January 15, 2014 4

FIGURE 1. Borrower Contributions for California Short Sales Contribution Type	No. of Contributions	Total Amount Collected
Cash – Delegated 6	900	$1,903,880
Cash – Non-delegated	288	$897,311
Promissory Note 7	34	$372,058
Total Contributions for Properties Located in California	1,222	$3,173,249

painting by Caroline Gerardo   "Underwater Homes"

Succulents floating on driftwood

High Balance Mortgages Going going gone



A plan to lower the cap on federally backed mortgages may hit home buyers particularly hard in several pockets of the country. Here in California especially Orange County (my home town)  high cost mortgages are the norm, home buyers might be squeezed out because our government wants to get out of funding the

 

$ 417000 – to $625500 loan amounts. High balance mortgages will go away?

 

The Federal Housing Finance Agency plans to reduce the maximum size of mortgages backed by Fannie Mae and Freddie Mac this January 2014. The current limits are $417,000 in most parts of the country and up to $625,500 in more expensive markets. The agency hasn't announced how much it will lower loan caps, but data compiled for Market Watch by Lender Processing Services, a mortgage-data tracking firm, shows that a decline of just $25,000 from the current caps would impact hundreds of thousands of home buyers in middle-priced and upper-middle-priced housing markets — areas that are relatively upscale but far from the most expensive.

 

        In total, more than 214,000 of the agency-backed mortgages originated last year were within $25,000 of the current caps, according to LPS. For the first six months of this year, the number was just over 95,000. By one measure, they’re most in demand in Cook County, Ill., where 10,510 mortgages originated in 2012 and 4,137 during the first six months of this year were within $25,000 of current cap levels — the highest number in any county nationwide, according to LPS. In contrast, Manhattan, which has some of the most expensive real estate in the country, had just 1,187 and 460 of such large loans, respectively, for each time frame.

 

   Nationally, these loans have accounted for less than 3% of all Fannie Mae and Freddie Mac mortgages given to borrowers during this time, though the share is much higher in some regions. In Colorado, North Carolina and South Carolina as well as in the District of Columbia, they account for more than 5% of agency mortgages that borrowers signed up for last year. They had over a 10% share in three Colorado counties, Boulder, Denver and Gunnison, during the first half of this year.

 

A greater number of borrowers could be impacted if mortgage caps drop by a larger amount. Housing experts say a $25,000 drop is likely conservative, and if the real cut is bigger, more borrowers will be left with fewer mortgage options going forward.

There is an attitude of “let them eat cake.” In areas where the median priced home is $ 200000. Americans might feel that our government should not be spending tax dollars on helping luxury home buyers. The problem with this logic is for example in most of Orange County California there are little to no single family homes available for $500000. Putting a ceiling on all government funded loans at $417000 is going to squeeze entry level homeowners out of areas where there are high paying jobs.

 

Next year our industry will be hit with the Qualified Mortgage requirements (which means fewer borrowers will qualify) layered with lower loan limits and higher borrowing costs. Not great news for buyers and sellers, especially in Southern Californian where housing costs are among the highest in the nation. Right now may be the best time to sell or buy a home. You can always count on that next year things may be different.

 

 

Watermelon mint grapefruit salad



 As summer comes to an end- a simple fast dinner salad. Purchase  one of those smaller watermelons, since we are going on a smaller size in general... A pink grapefruit, small red onion, and fresh mint (come on over it grows like a weed in my garden). Slice thin. You can drizzle your favorite savory dressing or just a splash of vinegar and oil, salt and pepper.

Underwater Refinance

Underwater Turtle Searching for his Home

 

 

We have a NEW Mortgage program that can help!

With the new Home Affordable Refinance Program (HARP) loan, you may be able to refinance no matter how upside-down your mortgage is!

Are you worried about making your payments? Would you like to have more cash in your pocket every month? Do you want to pay your loan off faster?

Freddie Mac and Fannie Mae have adopted changes to the Home Affordable Refinance Program (HARP) and you may be eligible to take advantage of these changes. If you currently have a mortgage held by Fannie Mae or Freddie Mac, the HARP II refinance loan can help you lower your interest rate, decrease your monthly payments and help you start turning your finances around.

Appraisals may be waived

No LTV/CLTV restrictions on fixed-rate loans of 30 years or less

Only 620 FICO required

Loan was sold to Fannie or Freddie before June 1, 2009

 
If your mortgage is owned or guaranteed by either Freddie Mac or Fannie Mae, you may be eligible to refinance your mortgage under the enhanced and expanded provisions of HARP 2.0.   The refinance must benefit you in one of four ways:

Reduction in the borrower’s monthly principal and interest payment

Reduction in the interest rate

Reduction in the amortization term

Movement to a more stable product (i.e., interest-only to fully amortizing, ARM to fixed, 30-year to 15-year, etc.)

If you have a Fannie Mae- or Freddie Mac-owned home loan, call me today. I’m here to help make sure you have a home financing program that works for YOU. Let’s see if the HARP II loan is the solution you’ve been looking for!

You can determine whether your mortgage is owned by either Freddie Mac or Fannie Mae by checking the following websites:

http://www.freddiemac.com/mymortgage or http://www.fanniemae.com/loanlookup

 

W.J. Bradley Mortgage Capital, LLC

© 2012 W.J. Bradley Mortgage Capital, LLC. 6465 Greenwood Plaza Blvd, Suite 500, Centennial, CO 80111 Phone #303-825-5670. NMLS ID 3233. Trade/service marks are the property of W.J. Bradley Mortgage Capital, LLC. This is not a commitment to lend. Restrictions apply. All rights reserved. Some products may not be available in all states. WJB is not
acting on behalf of or at the direction of HUD/FHA or the federal government.

AZ Mortgage Banker License # BK-0903998; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act RML# 4131002; Colorado Mortgage
Company Registration NMLS ID 3233 Regulated by the Division of Real Estate. To check the license status of your CO Mortgage Broker, visit www.dora.state.co.us/real-estate/index.htm; Florida
Mortgage Lender Servicer license #MLD738; ID Mortgage Broker License No. MBL-7766; IL Residential Mortgage Licensee – License #MB.6760738, 6465 Greenwood Plaza Blvd., Suite 500,
Centennial, CO 80111; MN Residential Mortgage Originator License No. MN-MO-3233; NV Mortgage Banker License No. 2061; NV Mortgage Broker License No. 504; NM Mortgage Loan
Company and Loan Broker Act Reg. No. 01856; OK Mortgage Broker – License No. MB001365; OR Mortgage Lender License No. ML-776; TX Registered Mortgage Banker – NMLS 3233; Texas
Mortgage Banker Disclosure: www.wjbradley.com/Texas-Mortgage-Banker-Disclosure.html; UT Mortgage Lender Company License No. 5495659-NMLC; Utah Consumer Credit Notification and
Utah Residential First Mortgage Notification regulated by the Utah Department of Financial Institutions; Vermont Lender License #6341; WA Consumer Loan License No. CL-3233; Wisconsin

Mortgage Banker License No. 699991. NMLS consumer access: www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/233.

 

Caroline Gerardo

Mortgage Loan Originator

W.J. Bradley Mortgage Capital, LLC

20341 SW Birch St., Suite 330

Newport Beach, CA 92660

Office: 949.637.8190

Cell: 949.784.9699

caroline.gerardo@wjbradley.com

http://www.mywjb.com/caroline-gerardo

NMLS: 324982