Tip of The Day:
Jumbo loans require cash reserves. The amount varies among Lenders. Share
Search Results for: jumbo
Mortgage Solutions For You!
Jumbo Loans Special One of the phenomenons of today’s market is that some home-buyers are paying cash for the acquisition of already highly priced real estate. This allows buyers to beat the competition and have faster closings. However after the close of escrow, some want to get their investment out. This requires cash-out loans, which many … Continue reading “Mortgage Solutions For You!”
Mortgage Solutions For You
*Interest rates are subject to change without notice and do not constitute a commitment to make any loan at any specific rate. Clients, property owners in San Francisco, have a single family house where its value has increased to $1,500,000. They wanted to refinance their jumbo loan of $850,000. Their children will graduate and … Continue reading “Mortgage Solutions For You”
Mortgage Solutions for You
*Interest rates are subject to change without notice and do not constitute a commitment to make any loan at any specific rate. I arranged a mortgage for clients two years ago with a major bank. When the interest rate recently came down, we started the process of refinancing into 30 years fixed with the target … Continue reading “Mortgage Solutions for You”
How To Know That You Are Loved
“The manifestation of love is happiness.” My friend and a client for many years, Ken Mitchell, called with excitement in his voice: “I have a new girlfriend!” After my congratulations, he continued, “And we want to buy a house together in Sonoma. Can we have dinner to discuss the details?” I’ve been working with … Continue reading “How To Know That You Are Loved”
What Is Your Choice?
“To have free will, you have to be free to choose.” From the moment we wake up, we have to make a choice. We make many choices in life; what to wear, what to eat, when and where to go on vacation, whom to marry, etc. As life progresses, the choices we make change and … Continue reading “What Is Your Choice?”
Rules for Lenders Relaxed
“A man’s treatment of money is the most decisive test of his character–how he makes it and how he spends it.“–James Moffatt (Image 1) When I saw this title in The Wall Street Journal article on January 7th, I got excited. It is about time for regulators to release their grip on lenders. But my joy was premature. … Continue reading “Rules for Lenders Relaxed”
Do You Have Time to Dream?
“For last year’s words belong to last year’s language and next year’s words await another voice. And to make an end is to make a little beginning.”–T.S. Eliot, “Little Gidding” As the New Year approaches it is time to ask ourselves: “What would I like to happen in 2013? How was the previous year for … Continue reading “Do You Have Time to Dream?”
What Jets, Shrimp, and Mortgages Have in Common
“Christmas gift suggestions: To your enemy, forgiveness. To an opponent, tolerance. To a friend, your heart. To a customer, service. To all, charity. To every child, a good example. To yourself, respect.”–Oren Arnold (Image via Manny Kagan: Approaching San Francisco Airport) The answer might surprise you, but in spite of the huge apparent difference they can … Continue reading “What Jets, Shrimp, and Mortgages Have in Common”