what is today's mortgage rate?
My sincerest apologies Ross, had some technical issues that just got resolved. The current rate for a 30 year FHA fixed mortgage is 4.0%. A conventional, Fannie Mae 30 year mortgage would be at 5.0%, but this rate has a FICO score adjustment.

How accurate is an online appraisal of a property?
Hello Alfred. The online apraisals are typically off $10K-$40K. It's best to have a knowledgeable Lender find you a more accurate source for home values. If you call me 909-996-9714 I can help. James Terry,Direct Lender

self employed seeking a conventional loan
First get a YTD Profit and Loss statement from your accountant or tax prepearer. If using income from business to income qualify, have 2 years tax returns from business. Your trax returns will verify your work history and a business license. Hope this helps. For more information, call James Terry...

can you give me the pros ans cons to hard money loans
Hard money loans are usually for credit challenged buyers so you're on the right track. But expect higher interest rates and a higher down payment. Call me if you'd prefer the less expensive route of a higher interest rate. 909-996-9714. Thank you

home equity w bad credit
call me and I can fix your credit problems. 909-996-9714James Terry

Will alimony and child support hurt my chances of approval for a home loan?
Child support and alimony will not keep you from qualifying for a home loan, even if your are slightly behind in payments it should not stop you from qualifying. There are specific gudielines to follow regarding both but feel free to call, text or email any additional questions to: James Terry...

any way to pressure fannie mae to buy my mortgage from my lender so i can harp refi?
Sorry to hear about your wife being laid off. HARP 3.0 has not passed yet so if Fannie Mae does not own your loan, there is no way to force your current lender to do anything. Although HARP 3.0 is not yet available there are options available to you. Even if your wife is currently laid off, depending on the...

Can I refinance if the house is worth less then what I owe
Hello Ray,Yes, you have many options. Equity is not always a factor when refinancing. There are too many guidelines to share in an email so please call 909-996-9714. You can call from 7am - 10pm. Whenever it's convenient for you. You can expect to have all of your questions answered. It only takes about 5...