Refinancing my home in the bay area (California)
the best solution for this issue is to contact at least 3 lenders to determine what rate and fees would be involved to refinance the property. I can confidently assume that the monthly mortgage insurance is substantial enough to warrant a refinance, due to the historically low rates. Any lender should...

Refinancing a loan and apply for a new loan at the same time?
Hello Connor,If you decide to refinance your VA loan, any lender will want to make sure that the property will be your primary residence. This is how I would quaterback this scenario: 1. Refinance current mortgage to a conventional loan, 2. Use your now open VA benefit to purchase your new home.The...

Can I get a USDA loan in an area that might not be considered rural?
Hi Jeremy,USDA loans are only available in rural areas. My offices are in the city of Temecula, and there are quite a few rural parts that are USDA approved. Go to usda.gov to map it out, then call me for a low fixed USDA loan.

Employed less than 6 months. Possible for me to get a home loan?
Hello Crowto,I am a local Temecula lender. Call me at your earliest convenience. I hope that we can find the right program to fit your scenario. 800-896-5333

FHA loan refinance to conventional loan?
The new HARP 2.0 loan is going to be your best shot at getting a good interest rate and since this program doesnt require an appraisal, you will not have to worry about an appraiser having a different opinion on value. My office is located in La Mesa, Ca. We just funded a HARP 2.0 Refinance w/ no appraisal, no...

What proof do I need to show IRS that I am responsible for making mortgage payments after death of husband whose name is on mortgage?
Michen,First and foremost, I am sorry for your loss. Did you purchase the home with a VA Loan? If the answer is yes, then we can transfer the loan solely in your name, then if you will benefit from todays rates, we can do a VA streamline loan which requires little to no documentation. Rates are in the low...

Bankruptcy of husband, our divorce and our house mortgage
Hello Melissa,If you are current with the mortgage payments, my suggestion would be to try and refinance the home soley in your name. The new Home Affordable Refinace program has been revised to help homeowners in your situation. In most cases, there is no credit and appraisal requirement to be...

How fast can we expect to close?
Hello Mario,We are a direct lender that funds all of our conventional and VA Loans here in San Diego, CA. With a complete file, escrow title and fully executed contracts, we are currently running 24 hours for underwriten approval and 48 hours for docs. I would give 1 week for ordering and completing and...

How can I get the seller to pay for some of the costs?
Put the request in the offer. You can also receive a credit from your lender to pay for closing costs.

Can all lenders and brokers do Harp 2.0 loans or only a select group?
Hello Mansou,Yes all mortgage brokers should be able to offer the HARP 2.0 loan. Pricing and guidelines will be coming in early to middle of March, but if you want to get a jump start on gettting your application completed, now is a good time to do so.

How can we find out if our current loan is Fannie or Freddie? Can Lender411 help?
Hi Bert,Here are the 2 links to Fannie and Freddie Mac to see if your loan will qualifgy for the new HARP Program. http://www.fanniemae.com/loanlookup/https://ww3.freddiemac.com/corporate/US bank most likely is only servicing your loan. If the investor is Fannie Mae or Freddie Mac, you may qualify...

HARP 2.0 information would be appreciated
The Home Affordable Refinance Program (HARP) was rolled out by FNMA and FHLMC in 2009 to give homeowners the ability to refinance even if the decline in their home's value would limit refinance options or prevent a refinance altogether. In October 2011, FNMA and FHLMC announced changes to the...

I owe more mortgage than what the house is worth in the current market.?
Hi Marges,Dont let your home go to foreclosure. If you have been making your payments on time for this house, help has arrived. The Home affordable refinance program was rolled out today by the banks. What we have to do is check and see if your loan is owned by either Fannie Mae or Freddie Mac. I can help you....

40 year Fixed Can I Refinance with Harp 2?
Good Evening ca_pea,There is no maximum loan to value cap on the new HARP 2.0 program. Call or email me for a good faith estimate, I would be happy to help you. We are a direct lender and can have the new proposal to you in minutes.Thank you, I appreciate your business.Gilbert RamosMortgage Loan Officer NMLS...

We have a property that has no motgage debt, except to ourselves (approximately 23,000.00) in private loan from us, to offset insu
Hello John,We can definitely help you with the cash out refinance. We have a terrific commercial division that can help you with SBA financing along with private lending. Call or email me for more information. Thank you.Gilbert RamosMortgage Loan Officer NMLS # 286678Mortgage Partners, Inc.7428...

home loan??????
Hello Meltxt,I am a lender here in Temecula, CA. If you can provide letters from the debtors showing the accounts been paid, then we can re-score the credit within 3-5 business days. The process is called a rapid-rescore, provided by our credit company First American Credco.We need your husbands...

Do I need to submit application/docs to get a GFE?
Hi Roger B,A full loan application should not be a pre requiste to a GFE. The most documentation you should send over is a copy of a mortgage statement along with the fire insurance policy to calculate payoff of your old loan. My offices are here in Temecula, if you have any further questions, please feel...

underwater condo calhfa 6.25% interest 510k loan balance current value 475k need refi help
Hello upram,Call me tomorrow. I will personally speak with you and give you the new numbers on the refinance. We have over 75 different lenders to choose from. Gilbert RamosIntegrity Mortgage Group(800) 896-5333 Office(951) 551-0215 Cell

I own my biz and have not filed 2012 taxes yet. can I get a fha loan?
Hello hdmedi_584_803Not filling for 2012 would not disqualify you from an FHA loan approval. My suggestion would be to take a full loan application and submit your income and asset documentatio to a lender to obtain a solid approval.