10 year ARM
Yes! You can contact me at 650-352-5656.Thank you,Susan LedinghamLedingham Mortgagewww.ledinghammortgage.com

Is a home equity loan the better option? OR a home equity line of credit???
Some people get confused....a home equity and equity line of credit are both second mortgage liens. You can either have it fixed where your payments of course are fixed OR....the line of credit where its interest only, interest rate is usually lower than the fixed. The nice thing about the equity line of credit,...

Can bank statements and credit cards statements be proof of income?
No! Especially not credit card statements. Credit cards are debt. If your retired or a investor, that buys and sells stocks for a living, lenders will use your bank statements as proof of income if that is where your income is going... but also you would have to provide tax returns. You should really go and...

I have to relocate to my new station, my package included DNRP Guaranteed Home Sale, I own a house in my homeland
Hi there,A short sale is a sale of real estate in which the net proceeds from selling the property will fall short of the debts secured by liens against the property. In this case, if all lien holders agree to accept less than the amount owed on the debt, a sale of the property can be accomplished.Short...

do you offer interest only loans for a new home purchase in Bluffton, SC . Willing to put 10% down on house costing $399,000
I am sorry I only do California properties. If you have anything in California I would be happy to help.Susan LedinghamLedingham Mortgage

what if my credit score is low and my spouses is high- joint loan
If your wife can qualify on her own, then just put her on the loan and you on title at closing. You'll get a better rate that way. Because they take the lower of the two middle credit score.Any questions, call me. I do loans in California only.Ledingham Mortgage, phone: 650-352-5656 Susan

What is the best response to my underwriter when he asks for a letter stating why I did not file self emp income on my taxes
Was your self employed income a hobby? Or...are you using your self employed income to qualify if so why didn't you....was it an oversight? Really need to know the situation.

I have had organizations offer to help me fix my home until they see that I have a co-borrow that will not help with this.
If you both work why not refinance into a renovation loan which lenders are doing.I don't know your whole story but check into it.If you want to give me a call, I can further assistant you in what direction to go.Regards,SusanPhone: 650-352-5656

What is the minimum amount down for jumbo mortgage loan in Malibu, CA?
It all depends on loan amount, if a purchase, refinance or cash out.A true Jumbo is 20% down. They have different products so you really need to speak with someone.Susan LedinghamPhone: 650-352-5656Ledingham MortgageNMLS# 340352

upside down. is short sale my only option?
If your having trouble making your payments, call your mortgage holder and tell them you want to look at doing a loan modification because you are having trouble.The mortgage holder has to look into it for you. Loan modifications they either lower your interest rate or reduce your payments. Susan...