Refinancing my home in the bay area (California)
As indicated before there are some missing info to there if you would like to please call us we can give you your options with no obligation at you side ......Short...... yes you can refi. and the fact that you do get rid of MIP will put you ahead of the game regardless! You can reach me at 1-714-639-6694 or my toll free...

Refinancing FHA loan, is this a good offer?
Hi there: If you have a FHA loan you can utilize a Streamline loan with no closing cost and there is no apprisal needed for that transaction at all! However you can also convert your FHA loan into convetional loan if you have 20% equity in yourhouse in doing that you will get rid of mortgage insurance...

Home has lost value, can I get lower payments?
There is a new program in the market you may be qualified for it! Even though you are upside down with the value of your house you can reduce the rate to the lower level! To qulify for it you need to have a job and you need to be current with your mortgage payment! I need more info to check it out and see if you can...

Buy cash then cash-out refinance, IRS requires within 90 Days, Banks insist on six months?
Hi Camarillo:It depends on the amount of cash out..... Most lender are limited to certain amount for cash out and of course the loan to value ratio is another factor there! Most lender will be ok with 90 days seasoning after you did buy the house! There is another restriction there which is the type of...

Can I get a better rate if I refinance my home now?
Hello there:Fo the mentioned senario you can get a rate with today's rate from 3.75% to 4% depends on the sititaion! You can contact me at American Select Funding Inc with any further questiosn you may have :) My direct number is: 714-639-6694Best,Shab

FHA loan refinance to conventional loan?
Happy new year! Since your equity is less than 20% in your condo if you do refinance it to a conventional loan you do still need to pay for a mortgage insurnace premium or you can do a lender paid mortgage insurnace premium loan in which case your rate will be higher! So in your situation your best choice...

Bankruptcy of husband, our divorce and our house mortgage
You may want to check this with a real estate attorney first however I will try to answer your question but not as a loan officer but based on my limited not qualified knowledge! Then only a real estate attorney is eligible to give you a legal advice who is updated on legal guidelines on daily based!It...

Do you foresee rates going lower on 5-1 ARM or should we refi now?
Dear Phillip I believe in your situation the main question you need to ask yourself to determine the right decision is: "if the rate do go down how much more you think they can go down". The rates are very favorable right now and the probability of rising the rates despite the low level of the...

Seller to remain in possession after close of escrow
It is common incident and legal however that can be handled by your real estate agent to cover your rights! Your real estate agent can draft a contract, which calls "Seller in passion after closing the escrow" in that contract you can capture your requirements! Good luck :) Shab

Can I Qualify for a home without Paystubs?
Hello Ileana:In order to find out if we can pre-qualify you for a purchase loan I need to have more details about your situation! You can reach me at 1-714-639-6694 for your free no obligation consultations to discuss your situation! Or you can stop by at our office we are located in city of Orange! Shab...

Do I qualify for Harp 2?
Hi there:To qualify, you must meet the following first:oYour Home-to-Loan value is 85% or highero You are current with your mortgage paymentso Your loan was originated before June of 2009.o If you meet the above criteria, you may be HARP-eligibleOnce you meet the above critera then you need to know...

Could we qualify for a Home Path Mortgage?
Hello Laura:Choosing Wells Fargo as a lender for your situation was maybe not the right decision then they are considered to be one of the most picky lender to begin with however there are some other companies around who can qualify you for a home path loan or FHA loan for your home purchase! Specially...

HARP Refinance with 675 credit score
Yes we can do HARP with FICO scrow as low as 580! To find out if you qualify for HARP2 you can visit our website (HARP tap) just follwo the instruction there: www.Americanselectfunding.com We are specialized lender doing HARP in CA ! Best,Shab

Refinance Conventional Underwater Loan
You can short sale it! Maybe this the best option at this point however there are talking about the HARP 3 which will cover people like yourself but it is still in a pre mature phase yet! You can call me for more info :) 714 639 6694 Shab

Can I refinance showing only 2011 tax returns?
Shalom, there are some loan program there we can quailfy you for which would allow us to use ONLY one year tax return rather than 2 years tax returns for your income however we need to find out to see how much you did make for 2011 and what are your other payments per month to see if we can qualify you for that...

If we want to buy a 2M home in California, realistically how much do I have to put down?
Hi there:20% should be sufficient for the down payment, as far as your income since we don't know what are you other monthly payments it is difficult to let you know what your income needs to be however if you have 25% or more equity in your existing home we can credit you the projected rental income...

I had my FHA modified in October 2008
The rates did drop since 2008 and most likly you will be able to reduce you rate with the current market further more and if you think you need to get more info on that please feel free calling me at 714 639 6694! Best, Shab Kavandi

Are any of you from CA?
Hello Susan;We are in Orange county / CA! it is very difficult for me to know your situation without looking at the good faith estimate (GFE) and the truth & lending form associated with that GFE you have got from your broker! If you would like I will be more than happy to look at them! You can email...

Looking for lenders who can do a 'high-balance' ($480,000) loan with a 680 FICO with 10% down? Los Angeles, CA
Yes we can help you with that! The following is my contact info please call me for the detail! Shab Kavandi1-714 -639 -6694Best,

What is the possibility of purchasing a home when I had a previous over ninety days late payment on my credit report?
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