Free Money to Buy a Home in California

Jaccuzzi, stool, and Laguna Canyon view

 

DOWN PAYMENT ASSISTANCE GRANT PROGRAM   I am pleased to announce the addition of Conventional Loans to the Down Payment Assitance Platinum Program. Homebuyers can now apply for the down payment assistance grant providing up to five percent gift when qualifying for a fixed-rate 30-year Conventional Fannie Mae First Mortgage. Previously, the grant program was only available in conjunction with FHA, VA or USDA First Mortgages. With the addition of Conventional Mortgage Loan options, WE aim to serve more people and provide homebuyers with more choices.   Free money to buy a home. Call and ask me about terms and conditions that apply. C. G. Barbeau (949) 637-8190 Borrowers must qualify for the loan. Income limits apply. Available in California. Cannot own a home on your Federal Tax returns 2012 2013

Janet Yellen appeared before the House Financial Services Committee

Save Money - Free Refinance Review

 

 

Easy project for home gardens and Cheap! Galvanized Wash tub  recycled into planter. Poke holes in the bottom with a hammer and nail, add six inches of gravel then compost and save cuttings of a variety of succulents. Keep adding new pieces as you see which ones survive- rarely or never water

 

Reduce your payments or

increase your home’s value

Traditionally, homeowners resort to refinancing whenever they believe they can

reduce their monthly mortgage payment by a lower rate or by debt consolidation.

Let’s say refinancing will save you $150 a month due to a common reason today, paying off

other high interest rate debt. That’s good news, but you have to weigh these savings against

other factors such as having less to write-off in taxes, and in recouping refinancing costs.

An additional reason to refinance is to make home improvements. Rather than move up to a

larger home with higher property taxes, many Americans have elected to stay put.

 

I will review if we can get you out of expensive mortgage insurance

 

- I am seeing many clients reduce their monthly nut by $300 to $400 by refinancing

 

 from FHA to conventional with the raise in values. We can arrange for a free property profile,

 

So, knowing your primary goal — whether to reduce your overall monthly payments or to make

your home even more valuable with improvements — will tell you when to refinance.

If you would like more information about refinancing, call me today.

 

Caroline Gerardo

Mortgage Banker

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://mywjb.com/caroline-gerardo/

http://cgbarbeau.blogspot.com/

 

NMLS: 324982

Another easy and cheap/ free home garden project. This table was discarded road side. Distressed finish was already prepared. move an arrangement of white blue and green for a cool and soothing corner of your yard or patio.

Don't Get Bit By the Bank

Don't get bit by the bank.

 

Rates have increased and are extremely volatile. What are you waiting for? Make today the day you refinance to a lower interest rate. Consolidate your debt and put more cash in your pocket each month. 15-, 20- and 30-year fixed interest rates and ARMs available Second and investment homes may qualify! LTV's over 125% may be possible Some programs require no mortgage insurance Flexible Underwriting - make sense home loans USDA, FHA, 203k, VA, Conventional, Jumbo and more Don't delay — call me today! CAROLINE GERARDO (C. G. BARBEAU) Mexican sage, pineapple sage, and herbs in my organic garden.       Caroline Gerardo Mortgage Banker W.J. Bradley Mortgage Capital, LLC Office: 949.637.8190 Cell: 949.784.9699 NMLS: 324982 Contact Me My Website         EM-L7SHNU © 2013 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. All Borrowers and properties securing Mortgage Loans must be approved by WJB. Loan terms subject to change without notice. Alabama Consumer Credit License No. 21654; Arizona Mortgage Banker License No. BK-0903998; Arkansas Combination Mortgage Banker-Broker-Servicer License No. 104736; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act RML No. 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; District of Columbia Dual Authority License No. MLB3233; Florida Mortgage Lender Servicer License No. MLD738; Idaho Mortgage Broker License No. MBL-7766; Iowa Mortgage Banker License No. MBK-2013-0016; Illinois Residential Mortgage Licensee – License No. MB.6760738, 6465 Greenwood Plaza Blvd., Suite 500, Centennial, CO 80111; Kentucky Mortgage Company License No. MC92397; Maine Supervised Lender License No. 3233; Michigan 1st Mortgage Broker/Lender/Servicer Registrant No. FR0018674; Michigan 2nd Mortgage Broker/Lender/Servicer Registrant No. SR0018675; Minnesota Residential Mortgage Originator License No. MN-MO-3233; Nebraska Mortgage Banker License No. NE3233; Nevada Mortgage Banker License No. 2061; Nevada Mortgage Broker License No. 504; New Jersey Residential Mortgage Lender License No. 3233; New Mexico Mortgage Loan Company and Loan Broker Act Reg. No. 01856; North Dakota Money Broker License No. MB102448; Oklahoma Mortgage Broker – License No. MB001365; Oregon Mortgage Lender License No. ML-776; South Dakota Mortgage Lender License No. ML.04982; Texas Registered Mortgage Banker – NMLS 3233; Texas Mortgage Banker Disclosure: www.wjbradley.com/Texas-Mortgage-Banker-Disclosure.html; Utah 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 No. 6341; Washington Consumer Loan License No. CL-3233; Wisconsin Mortgage Banker License No. 699991. NMLS consumer access: www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/3233.

 

 

This message was sent from Caroline Gerardo http://mywjb.com/caroline-gerardo/ It was sent from: W.J. Bradley Mortgage Capital, LLC, 20341 SW Birch St., Suite 330 , Newport Beach, CA  92660

 

Conventional Loans California

Conventional Loans in California

Curbside Appeal in Laguna Beach

A conventional loan is a loan that is not guaranteed or insured by the federal government under the Veterans Administration (VA) the Federal Housing Administration (FHA), or the Rural Housing Service (RHS) of the U.S. Department of Agriculture or USDA (we also do these kinds of loans)
Conforming Conventional Loan follows the guidelines and maximum loan amount of government sponsored enterprises (GSE’s) such as Fannie Mae or Freddie Mac. In simple language they are also sold to two companies owned by the United States Federal Government. Though the US government hopes to make these GSE's private or publicly traded entities again, making them turn a profit is another story. The rules of the GSE's are stricter for banks than for a mortgage banker like myself, these guidelines are called bank overlays


Features of a Conforming Conventional Loan:
• As low as 3% down payment for primary residence
• Financing available for second home & investment properties
• No first-time home buyer restrictions
• No mortgage insurance with 20% down payment, we also have 80 10+ 10
• No 90-day flip restrictions
Important information: Maximum loan $$417,000.00.in some areas, High Balance also available up to $ 625500 depending on the location of the subject property. In most or Orange County, for example Newport Beach, Laguna Beach, and Dana Point the loan amount is the High Balance maximum number.

Down payment requirements for primary residence 3%, second home 10%, investment 20% down – 25% down for 3 to 4 units. Gift funds are allowed on primary and second home (buyer must have 5% of own funds unless the gift is 20% or more). PMI (private mortgage insurance) required on all loans with less than 20% down. Maximum 10 financed properties. Seller contribution allowed 3% to 90% LTV / 6% 89.9% to 75% LTV / 9% 74.9% LTV
Talk to us about your lifetime financial goals. We can find the right loan for you. My number is (949) 784-9699 and you may call me from 7:00 AM to 7:00 PM
This is not a commitment to lend, This is not a rate commitment or rate quote. Terms and conditions change over time
NMLS# 324982  Caroline Gerardo WJ BRADLEY MORTGAGE CAPITAL LLC. Newport Beach California, 92660   

Mortgage After Short Sale Foreclosure

FHA insured mortgages are generally available to borrowers whose property was foreclosed on or given a deed-in-lieu of foreclosure after a 3 year waiting period. However, if the foreclosure of the borrower’s main residence was the result of extenuating circumstances, which now includes a twenty percent year after foreclosure if you have since established good credit.

or more drop of income which is considered an “economic event” an exception may be granted. Call and find out if Caroline Gerardo can help you.  (949) 637-8190

Back To Work Program: You will need to show you had a job loss, serious illness that made you take off work, had to move locations for a job or catastrophe that caused you to get behind. You can’t just have stopped making payments because you didn’t want to pay on an upside down house.

Buy a home with a VA loan in just 2 years after foreclosure.

If you are a Veteran and have Certificate of Eligibility and DD214 you may qualify to purchase a new home in as little as 2 years after foreclosure or short sale.

BUYING A NEW HOME AFTER A SHORT SALE?

Can I Buy A Home Again After A Short Sale?

Millions of Americans suffered through short sales in the last few years. You may not need 20% down payment to go conventional

 It is important to get your credit back in line, as FICO score does drive the interest rates. Ask me about my free programs to help increase your FICO score.

The good news is that if you have short sold your house in the past, it is possible to get into a position to get a new loan in as little as only a few months after your short sale. If you did a short sale and had to pay anything to Fannie Mae in California you may be due a refund.

We have a down payment assistance fund that can give you 5% of the sales price as a gift to buy a home under $ 500000.00 in Southern California. This is coupled with a FHA loan.

You read that right: some loan programs allow you to get into a new mortgage loan in as little as 12 months after a short sale and you may not even need a down payment.

 

 

 

http://eaglehomemortgage.com/carolinegerardo/