中國公民申請按揭在美國

需要的項目申請按揭貸款：
護照複印件
駕駛執照副本
ITIN號碼
o國際信用報告的參考，
Ø主體性的完整地址
Ø目前年稅收法案，現行保險法案
o對於公寓最新維護法案
HUD1閉幕詞，如果在過去24個月購買
Ø完整的地址，
Ø租約的副本，如果租
Ø從你的會計師的信件翻譯成英文，其中包括：
•公司名稱
•您的標題
•業務類型
•持股比例
•年收入在過去兩年
 而本年度至今
Ø要打印的就業核查函
在公司信箋（翻譯成英文），指出：
•您的姓名和職務
•工作開始日期
•補償過去的3年
•聯繫信息
Ø銀行對賬單後六個月
在中國過去兩年的報稅表翻譯成英文
這裡完整的按揭貸款申請：申請http://eaglehomemortgage.com/carolinegerardo/
註冊並填寫所附表格
借款人支付鑑定費的前期，這是​​不退還
借款人必須簽署最終文件與美國公證
關閉在美國抵押貸款作為一個中國公民確實需要一個很好的協議
文書工作和開放的信息披露

https://drive.google.com/file/d/0B21qMvohjmkvcHNUSHd6WG03cjg/edit?usp=sharing
Caroline Gerardo
(949) 784-9699
efax 855-883-4303

Burning Dropbox

Burning Dropbox

Dropbox drives me crazy. Certain clients love to use it thinking it provides the security and ability to send taxes and bank statements for their loan applications. I always work in the format or system the client is most comfortable. If they want to text, I put on my glasses and text all day. If they want to meet face to face in their home, that is often the easiest method to get the paperwork I need out of their hands in one or two sweeps. If they want to use Dropbox I do it but it is so frustrating. Dropbox seems to delete files, make them into weird encrypted formats and one day the file is gone the nest it reappears.

Dropbox was affected by the heartbleed hacker virus. I assume it has had other security breaches, but like banks they keep it quiet. I have worked for a couple banks over my twenty nine year career in mortgage banking.  When an account is compromised or a teller steals, it rarely gets in the news.  Certain banks fire the criminal employee who may end up at some other financial services bank. The bank covers the money loss and tells the customer “it will never happen again.”

In today’s world where we depend on the security and ease of the internet it is difficult to imagine going back to only handwriting on paper and United States Postal Service.

What Dropbox does is a single encryption key that employees can see your files. One must assume that hackers try to contact Dropbox employees in every method of spam and enticement to access the global duplication of data. Users can’t read the data of others it is scrambled into pieces like a shredder does to paper.

Read more here for five suggestions that are better than superior to and some even cheaper than Dropbox:

If you are a hacker Dropbox and any data storage or cloud storage would be a great place to steal private information.

One of the signature elements of Dropbox is global duplication of data information. All uploads are “hashed” with a digital signature which is checked against all the data from every other user.

If you upload a file that Dropbox has already viewed, it gives a pointer to the duplicate file chunks rather than your own. The universal access to data reads the duplicate file.

Dropbox for Teams stinks. Sure the company added a unified control panel for accounts associated with a business, but is very limited in practical use. There was no Active Directory or LDAP integration for single-sign-on.  Dropbox rolled out new software for Teams into Dropbox for Business and added Active Directory and Single Sign-On one might think they have improved, but no they have not.

There’s still no content audit or control mechanism, so users can use “unlimited” online Business storage for whatever they want, be it personal or sensitive (see “Security”). About the only thing an admin can do is see who’s sharing what outside the Business and the last thing they did. That’s not much functionality.

Dropbox really needs to upgrade their systems to appeal to corporate America. When a system goes down during working hours customers want answers and processes right away. There is nothing worse than the feeling that all your hard work has burned up in smoke and disappeared. Dropbox doesn’t have help information answers to questions readily published.  They added AD support. BUT they never answer questions quickly. There is no link on their website that says contact us here. There is the banking cop out to type in a tiny box your query and pray they will get back to you. Employees do not post or use email.

Dropbox is not useful for public links in business.  Dropbox will suspend the use of public links if a link generates more than 20GB per day of downloads for free users and 200GB for paid users. Dropbox is terrible with photographs and video that tend to be much larger images.

Go to their Facebook business page and there are thousands of people complaining about lost files and no response from Dropbox. They won’t allow people to write on their Facebook wall- with good reason – there would be angry and obscene comments from paying clients. It appears they don’t monitor the Facebook page as they never respond to anyone. Or perhaps some intern is allowed to post but never read or answer. Type Dropbox and you will see bloggers and others all complaining about purchasing a paid service that doesn’t work.

Okay so stop your whining C. G. If clients want to use Dropbox, you will use it. There are better services, actually thousands of them. If the client feels safe using Dropbox, I am going to keep rebooting my computer, clearing the history and trying again.

My work email is encrypted and very secure. It is so good at catching spam that few to zero get through. If I type nine numbers in a row (such as in a social security number) in the body of an email or as an attachment it places a second layer of security on the file.

A couple alternatives to Dropbox:

Google Drive

Spideroak

Mega

Cubby

Media Fire

Or you can bring your box of papers to me and I will copy them, and then scan them into our system. We handle information that must be kept secure. I see Borrowers income taxes, bank statements, credit reports and perhaps a window into their lives more closely than other types of jobs. I will treat my client’s information with the highest security and respect that they deserve.

Caroline Gerardo  ( C. G. Barbeau)

Eagle Home Mortgage a Lennar Homes Company

8105 Irvine Center Drive # 500 Irvine California 92618

Also Newport Beach California 92660

NMLS # 324982

(949) 637-8190   (949) 784-9699

E fac 855- 883- 4303

Mortgage Banker here to answer your questions and close your loan

Thank you for reading. What do you think about Dropbox?

.

Mortgage For Bruce Wayne?

Bruce Wayne's house

What Americans think they look like on paper

     

        

Only Bruce Wayne can get a home loan? 

Only superheroes get a home loan?

Wells Fargo released their survey today of a little over two thousand Americans about home ownership and mortgage. 

The results are interesting. The popular opinion is only the rich and uber-wealthy with perfect credit and loads of cash can qualify for a loan today.  

Perhaps that is not far off from Freddie Mac Fannie Mae guidelines plus add bank overlay rules, it is difficult for some to get a conventional rate mortgage after the crash.

However, every day I see more niche products cropping up to dispel this myth. Americans and foreign nationals can find home loans that suit their needs.

For specifics of the respondents of the Wells Fargo survey:

Seventy four percent of respondents answered: “know and understand” the process involved in buying a home.

I think this number reflects a self-conscious answer rather than fact. Every day I remind Borrowers of the five circles that make up a mortgage loan approval. Not one day passes when a potential Borrower argues about supplying necessary paperwork or only provides a small percentage of what is necessary to get approval.

Thirty percent of respondents stated that only individuals with high incomes can obtain a mortgage.

Not true at all in fact smaller loans seem to be easier to close

§  Sixty four percent of respondents believe they must have an excellent credit score to buy a home.

Not true a FICO I closed a loan recently with a FICO score of 510

§  Sixty four percent of respondents said that they are knowledgeable about how much of a down payment is needed to buy a home, nearly half (44 percent) also believe that a 20 percent down payment is required.

Not true there are some 0 down programs and 3.5% for FHA

o    When respondents aged eighteen to thirty four were asked to list the biggest barriers to owning a home, lacking the funds for a down payment was among the most difficult issue.

o    Save save and gifts

§  Nearly half (forty four percent) of those who answered the survey said that they know nothing or very little about the closing costs required for buying a home.

This varies state to state and who the escrow or attorney is

Generally in an escrow state costs are about 3% in table funding state 5% or less

     About half of the respondents feel they do not have access to homes that fit their needs       financially.

      Perhaps cost of homes in areas are high

   The ten things that really go into mortgage loan approval:

1.  Identification driver’s license and social security cards

2.  Paycheck stubs past month or profit and or loss year to date for self employed

3.  W-2 forms and Federal income taxes signed past two years

4.  Bank statements, asset statements, 401 k past two months

5.  401 k terms of withdrawal.

6.  Decent Credit history- this we can work on credit can be patched

7.  Landlord information or mortgage statement, fire hazard bill and Homeowner Association statement.

8.  Collateral property information and money for appraisal

9.  Property appraises for value and is in habitable condition, Condominiums have other guidelines.

10.           Patience, and an email address you open daily to send pdf. documents because more paperwork may be needed.

    You do not have to be a superhero to get a home loan.

     But if you want us to include the income from your side line job as

    crime fighter and upholder of Gotham City, 

     Bruce Wayne you must be declaring your income from your Bat Man gig.

    Caroline Gerardo

    NMLS 324982

   cell phone number:  (949) 784-9699

 Lennar Homes company

Garage Sale How To

...

I own a home in an Orange County Neighborhood that is expensive. It isn't spelled out in our CCR's that a rummage sale is not allowed. However, yard sales and garage sales are frowned upon. This is a quick and easy method to have a sale that cleans out clutter in your home, recycles things that are usable and makes a little cash. You will be cleaned up before anyone complains.

Step ONE 

Three Days before the Sale make eight direction signs. I had a couple old political signs. I used the armature and added card board and paper left over from my children's school art homework projects. The signs only need provide direction from the main road to your home. Don't spend money to do this, improvise and recycle.

Call Saint Vincent De Paul for the pickup of what is left over on Monday. The best day for yard sales are a Saturday after the 1st or 15th when people receive a paycheck

Step Two two days before:

Ask your children to remove twenty articles of clothing that don't fit or they haven't worn in two years. Put together old books, toys, appliances, furniture, things you haven't repaired but were thinking about doing but a year went by. All the "stuff "should be loaded into the garage. You can color code price tags or just use colored painter's tape. Think pricing of fifty cents up to ten dollars. The average item being one dollar. You need card tables, some ladders, hangers, and about sixty dollars in one dollar bills for change.

The Friday the day before:

1.Post a Craig's list Ad enter photographs of any large items you want to sell. Add that you will not be taking early birds. Supply a phone number where they may contact you. You do not hold anything. All things are sold for cash only. 

2. Check that you have coffee and some paper cups ( you can sell coffee or give it away) Frankly you can sell anything. I had great success selling potted basil plants

3. The night before remind you helper that they have to get up an hour before the sale. Typically your sale will be from 8:00 AM - 11:00 AM (don't go all day - the most sales happen early)

The morning of the sale at 6:30 turn the coffee on. Run and put signs up, pull the tables out on the driveway, put anything such as a ladder with broom handle or hanging area for clothing. If people can see the items, they will buy. Don't just put a box of clothing out. Try to make the items look desirable. Put big items to block your garage doors. You can block the garage with a simple rope or colored tape.

 DO Not allow anyone into your garage or home. Wear clothing with pockets for money. Do not carry a purse. Lock the entry door to your home

Smile, answer questions, greet the people as they walk up. 

No you are not holding anything. 

No you don't take checks.

Things that sell: toys, children's clothing that looks clean, gadgets, tools, crafts, appliances, seasonal decorations, sporting goods, stuff you hoarded...

This is a thrifty way to clean out closets and de-clutter. It can bring in some cash. This makes room for your home to be new and fresh. It is also a good way to prepare to sell your home.

Total time invested : five hours

Think of it as money making recycling.

Laguna Niguel Farmer's Market

...

heirloom multi colored carrots

red chili and jalapeno

Laguna Niguel farmer’s market is the best in Orange County. 

Sundays 8:00 AM to 12:00 PM. 
If it is hot, vendors reduce pricing around 11:00 AM because less customers show up.

If you go late at 11:25 AM some vendors put their local produce on sale
 items will be picked over but vendors discount.
Buy Local 
Buy Organic 
Save money at the farmer's market

27271 La Paz Laguna Niguel California 92677 
I suggest you buy what is in season that day. Don't go with a preconceived exact list of what you want. Purchase what is fresh and available. Try a small quantity of a new vegetable. Vendors give free samples and recipe advice

winter melon

farmers market organic

peaches sweeter than mother in law

Yellow and Red Chili

Heirloom Tomatoes

Local Organic Produce Cheap

Search for your New Home

A soaking tub in your new home

Search the Southern California Multiple Listing Service MLS from your smart

phone or desktop free
http://hbsr.homescouting.com/myapp/54b9393c-a2cb-437e-a2d7-1784249a2081

I offer this application for free. You can shop during the day or night. You can look up the value of your own home. Search for comparable sales in your neighborhood. It will tell you all the open houses near to you on any given day. It links to the Multiple Listing Service directly. When a Realtor uploads a new listing, it is live and available for you to view. A helpful way to search for a home from your smart phone, car, apartment desktop. To sign on you will need my secret code. The secret code is my phone number with no dots, no dashes, no parenthesis... 9496378190 Once you sign in then you will set up your own personal user name and password. Feel free to look at properties as often or as little as you may need. Shop for a friend, share it, be my guest.

When you need a mortgage or home loan just remember me and that I gave you this free Birthday present. Any questions my friends? Please feel free to call me. I am here to help.

Bath tub Bathroom remodel

http://eaglehomemortgage.com/carolinegerardo/

NMLS 324982

John McLaughlin painting

...

John MCLAUGHLIN oil on canvas paintng

John Dwyer McLaughlin (May 21, 1898 – March 22, 1976) was an American abstract painter. Based primarily in California, he was a pioneer in minimalism and hard edge painting.

He lived in Dana Point California about two blocks from my house. My father met him in 1969, they had mutual roots in Sharon Massachusetts. I own four paintings of his work, two drawings and some letters This painting is in excellent to perfect condition which is unusual for his work. John sometimes used house paint, and acrylic over oil that crackled on purpose.

John McLaughlin painting

Plan Before You Buy A Home

Plan before you buy a home.

When purchasing a home plan for the next ten years. Most homeowners only stay seven years, but the older you are the longer you will stay statistics show. 

Two people close to me: my mother and prior business partner Bill Broza both suffered from strokes in the past years. They have similar dilemmas. My mother owns a two story house in  Laguna Niguel with no downstairs bedroom and only a powder room on the first floor. Bill also lives in Laguna Niguel in a Spanish style two story with only a tiny powder room on the first floor.

A house can be adapted. We reviewed adding a stair lift or elevator but both are costly and unsightly. A stair lift is a motorized rail and chair that attaches to existing stairways. I was concerned that my Mom could easily fall off the lift and be stranded on the stairs perhaps for hours. I looked into adapting each house by adding a elevator. Cost to construct this was about thirty thousand dollars, and because it would change the functionality of the homes and elevator might bring the value down.

Other possible remodeling such as enlarging the downstairs bathroom to add a stand up tub can cost between ten and thirty thousand dollars. Adding a funky bath is not going to help her when she does choose to sell her home.

My mom is set on staying in her home. The cost of care layered with remodeling is prohibitive. Temporarily last year she lived with me.

My point is: for example you are a young couple who may have children in the coming years. Look to what future the subject property may need to be changed to fit the lifestyle.

When the downturn occurred many homeowners could not easily sell their home and make changes. They owed on mortgage loans larger than the value of the home. Life always holds surprises ahead. Planning for them makes it easy when they occur.

፠‡§

Cute bath just outdated

Did FICO Lie to You?

Old school house

Fair Isaac announced in the news this week that they are now offering a kinder gentler credit score the FICO 9. Who is running the schoolhouse?

 What they did not say is:

They were forced to do this by the Consumer Financial Protection Bureau. Richard Cordray is more powerful than President Obama. If Cordray can get William J Lansing to change his business model, imagine the possibilities ahead...

Fair Isaac Corp. creates products and services that help businesses to automate, improve, and connect decisions to enhance business performance. It provides a range of analytical solutions, credit scoring, and credit account management products... They are used in mortgage lending, commercial loans, employment applications, and information gathering. Consider them the inventor of constantly improving and growing software that snoops, measures and predicts.

How did CFPB get FICO to change how they award points?

CFPB saw inequities in credit scoring for the “underserved.” Perhaps CFPB just wanted some of the secret sauce of exactly how the mathematical models make up and individual’s score from day to day. 

So what changes will now inflate FICO scores?

A bad debt later paid off through collections, that bad debt won't affect FICO scores anymore.

Yesterday I dealt with a collection company for a Borrower. Amy sat at my desk while we called the company that four years ago wrote a letter stating they knew this was not her debt, that it belonged to someone else in another state with a similar name. The collection had been cleared from her credit in 2010. This same collection company now reinstated the account against her name.

We called the owner of the collection company, as his name is on the letter.

“Mr. Norman may I fax you the letter you wrote to me in 2010 that states you researched and discovered this tow truck collection is not mine?”

“Hell no I’m not giving you my fax number. Go take it up with the bureaus.”

“I did Sir but they state your company is reporting this again.”

He hangs up.

The frustration of dealing with clearing an erroneous collection is great. It’s difficult to prove information from years in the past. Victims of identity theft have it even harder.

Any debt relating to medical problems will have less impact on scores. In fact, if the only bad debt someone has relates to a medical problem, those people might see an increase of 25 points or more in their FICO numbers.
This one is important because if you ever went to a hospital, even with health insurance, the bills fly in from all directions. It is easy to miss one.
Fair Isaac will evaluate people with little credit history using a new algorithm that will give them a higher grade.

Steve Brown, president of the National Assn. of Realtors, excited about the new score's potential that he predicted it would "make a real difference in the lives of millions of Americans who have been shut out of the housing market or forced to pay higher mortgage interest rates because of flawed credit scores." Perhaps Mr. Brown is just looking for any good news with the fights NAR has with Zillow ahead, but I digress.

What the news media missed (and the CFPB is probably already planning) is this won’t help consumers. It gives the CFPB a second phase step into regulating the software and hardware that every private and public mortgage lender, bank, credit offer(er) uses.

Fannie Mae and Freddie Mac announced they aren’t going to use FICO 9. They respectively have their own software – DU and LP which lenders access nationwide. Fannie and Freddie are not going to add in updates or new software to allow for FICO 9. Think of it this way: I love Netflix but they aren’t going to allow a Film company to tell them they have to use smell-vision. Also all the direct lenders, banks, credit unions and mortgage companies have twenty different platforms they use that would have to be changed or trashed to add in a new score.

Why would thousands of companies change? Can we expect CFPB will make it so?  Tell me what you think. Tell me your story about errors on your credit.

Fair Isaac is a NYSE traded stock as FICO they are based in San Jose California

Cute bedroom with teddy bears on the beds the kind of dream home everyone wants

Glass house guess I shouldn't throw stones

Fair Isaac is a NYSE traded stock as FICO they are based in San Jose California