Sunday, March 18th, 2012

HARP 2.0 Refi Information San Diego

HARP 2.0 Refi Information San Diego

Homeowners - DO YOU OWE MORE THAN YOUR HOUSE IS WORTH OR YOU CAN’T REFINANCE?

Home Affordable Refinance Program HARP 2.0 Refi Information for San Diego

Here you will find HARP 2.0 Refi Information for San Diego that may help San Diego homeowners make payments more manageable. The program’s goal is to allow homeowners to refinance their loans, even if they owe more than their homes are currently worth. Millions of homeowners are in this predicament because their homes lost value in the bursting of the housing bubble.

With having HARP 2.0 Refi Information San Diego homeowners can now lock into a lower rate and reduce the principal and interest of their monthly payments even with little or no equity.

HARP 2.0 Refi Information San Diego

Do I Qualify For This Program? Let’s Start With These Questions:

1. The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae. Click here to see if it is.

2. The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.

3. The borrower must be current on the mortgage at the time of the refinance, with no late payment in the past six months and no more than one late payment in the past 12 months.

4. The mortgage cannot have been refinanced under HARP Refinance previously unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009.

5. There must be a benefit to the customer – i.e. – lower monthly payment, going from a ARM to a Fixed loan, etc.

6. The current loan-to-value (LTV) ratio must be greater than 80%.

7. You DO NOT have to use your current servicer. Let me give you local, personalized service instead of dealing with someone off the internet or someone at one of the big banks where you’re just a number to them.

HARP 2.0 Refi Information San Diego

Here are some of the details:

MAXIMUM LTV AND LOAN AMOUNT FOR HARP 2.0 Unlimited LTV Refinance

LTV (loan-to-value) and CLTV is UNLIMITED Refinance for all Occupancies and all Property Types

HARP 2.0 Unlimited LTV refinances are limited to your area’s conforming loan limits.

San Diego - $546,250

Santa Barbara - $625,500

Los Angeles - $625,500

Orange County - $625,500

Riverside - $417,000

San Bernardino - $417,000

Ventura - $598,000

San Luis Obispo - $561,200

For all other counties maximum loan amounts, please contact Derek and he will let you know what they are.

Loan purpose is Rate and Term Refinance only; loan amount can include pre-paids and closing costs

ELIGIBLE OCCUPANCY AND PROPERTY TYPE FOR HARP 2.0 Unlimited LTV Refinance:

Primary residence

Second home
Non-owner occupied
1-4 units
Condos, PUDs, Manufactured homes

INELIGIBLE LOANS FOR HARP 2.0 Refi Information San Diego:

Any loan currently in default
Loans not owned by Fannie Mae or Freddie Mac
Existing loan delivered to Fannie or Freddie on or after 6/01/2009
Government loans – FHA, VA USDA
Reverse mortgages
2nd position liens (ex. lines of credit)

MORTGAGE HISTORY FOR HARP 2.0 Unlimited LTV Refi Information San Diego

DU – must be current

LP – 0×30 in last 6 months, 1×30 OK in last 7-12 months

NO MINIMUM CREDIT SCORE IS REQUIRED FOR HARP 2.0 Unlimited LTV Refi Information San Diego!

However, different investors will have different rules regarding credit scores. Most likely you will need a 620 score or higher. DU or LP will determine.

MORTGAGE INSURANCE FOR HARP 2.0 Unlimited LTV Refi Information San Diego:

Existing loans with MI are eligible
Your current MI company must reissue the current rate/policy
If your current loan does not have mortgage insurance you will not be required to purchase it even if you don’t have the required 20% equity

To see more HARP 2.0 Refi Information for San Diego and questions, please visit my website by clicking here

HARP 2.0 Unlimited LTV Refi San Diego is only for mortgage loans owned by Fannie Mae or Freddie Mac. To see if your mortgage may be eligible for HARP 2.0, check these two sites first:

Fannie Mae HARP lookup: http://www.fanniemae.com/loanlookup/

Freddie Mac HARP lookup: https://ww3.freddiemac.com/corporate

Thank you for reading about the new HARP 2.0 Refi Information San Diego

I would be more than happy to answer any other questions you have or please let me know if you need more HARP 2.0 Refi Information for San Diego homes.

Posted by: Derek McClintock at 3:50pm

Tags: harp 2.0 refi information san diego, harp 2.0 info, harp 2.0 san diego

Wednesday, March 14th, 2012

HARP 2.0 Unlimited LTV Refinance Riverside

HARP 2.0 Unlimited LTV Refinance Riverside

Riverside Homeowners - DO YOU OWE MORE THAN YOUR HOUSE IS WORTH OR YOU CAN’T REFINANCE?

Home Affordable Refinance Program HARP 2.0 Unlimited LTV REFINANCE

The HARP 2.0 Unlimited LTV Refinance Riverside program may help Riverside homeowners make payments more manageable. The program’s goal is to allow Riverside homeowners to refinance their loans, even if they owe more than their homes are currently worth. Millions of homeowners are in this predicament because their homes lost value in the bursting of the housing bubble.

With HARP 2.0 Unlimited LTV Refinance Riverside homeowners can now lock into a lower rate and reduce the principal and interest of their monthly payments even with little or no equity.

Do I Qualify For This Program? Let’s Start With These Questions:

1. The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae. Click here to see if it is.

2. The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.

3. The mortgage cannot have been refinanced under HARP Refinance previously unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009.

4. The current loan-to-value (LTV) ratio must be greater than 80%.

5. The borrower must be current on the mortgage at the time of the refinance, with no late payment in the past six months and no more than one late payment in the past 12 months.

6. You do NOT have to use your current servicer. Let me give you local, personalized service instead of dealing with someone off the internet or someone at one of the big banks where you’re just a number to them.

Here are some of the details:

MAXIMUM LTV AND LOAN AMOUNT FOR HARP 2.0 Unlimited LTV Refinance Riverside LTV (loan-to-value) and CLTV is UNLIMITED Refinance for all Occupancies and all Property Types

HARP 2.0 Unlimited LTV refinances in Riverside are limited to your area’s conforming loan limits.

San Diego - $546,250

Santa Barbara - $625,500

Los Angeles - $625,500

Orange County - $625,500

Riverside - $417,000

Ventura - $598,000

San Luis Obispo - $561,200

For all other counties maximum loan amounts, please contact Derek and he will let you know what they are.

Loan purpose is Rate and Term Refinance only; loan amount can include pre-paids and closing costs

ELIGIBLE OCCUPANCY AND PROPERTY TYPE FOR HARP 2.0 Unlimited LTV Refinance Riverside:

Primary residence

Second home
Non-owner occupied
1-4 units
Condos, PUDs, Manufactured homes

INELIGIBLE LOANS FOR HARP 2.0 Unlimited LTV Refinance Riverside:

Any loan currently in default
Loans not owned by Fannie Mae or Freddie Mac
Existing loan delivered to Fannie or Freddie on or after 6/01/2009
Government loans – FHA, VA USDA
Reverse mortgages
2nd position liens (ex. lines of credit)

MORTGAGE INSURANCE FOR HARP 2.0 Unlimited LTV Refinance Riverside

Existing loans with MI are eligible

Your current MI company must reissue the current rate/policy
If your current loan does not have mortgage insurance you will not be required to purchase it even if you don’t have the required 20% equity

MORTGAGE HISTORY FOR HARP 2.0 Unlimited LTV Refinance Riverside

DU – must be current
LP – 0×30 in last 6 months, 1×30 OK in last 7-12 months

NO MINIMUM CREDIT SCORE IS REQUIRED FOR HARP 2.0 Unlimited LTV Refinance Riverside!

However, different investors will have different rules regarding credit scores. Most likely you will need a 620 score or higher. DU or LP will determine.

MAIN HARP 2.0 Unlimited LTV Refinance Riverside QUESTIONS:

To see the main HARP 2.0 questions, please visit my website by clicking here

HARP 2.0 Unlimited LTV Refinance Riverside is only for mortgage loans owned by Fannie Mae or Freddie Mac. To see if your mortgage may be eligible for HARP 2.0, check these two sites first:

Fannie Mae HARP lookup: http://www.fanniemae.com/loanlookup/

Freddie Mac HARP lookup: https://ww3.freddiemac.com/corporate

Posted by: Derek McClintock at 5:20pm

Tags: harp 2.0 unlimited ltv refinance riverside

Saturday, March 3rd, 2012

HARP 2.0 Unlimited LTV Riverside County Refinance

HARP 2.0 Unlimited LTV Riverside County Refinance

RIVERSIDE COUNTY Homeowners - DO YOU OWE MORE THAN YOUR HOUSE IS WORTH OR YOU CAN’T REFINANCE?

Home Affordable Refinance Program HARP 2.0 Unlimited LTV REFINANCE

The HARP 2.0 Unlimited LTV Riverside County Refinance program may help Riverside County homeowners make payments more manageable. The program’s goal is to allow San Diego homeowners to refinance their loans, even if they owe more than their homes are currently worth. Millions of homeowners are in this predicament because their homes lost value in the bursting of the housing bubble.

With HARP 2.0 Unlimited LTV Refinance Riverside County homeowners can now lock into a lower rate and reduce the principal and interest of their monthly payments even with little or no equity.

Do I Qualify For This Program? Let’s Start With These Questions:

1. The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae. Click here to see if it is.

2. The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.

3. The mortgage cannot have been refinanced under HARP Refinance previously unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009.

4. The current loan-to-value (LTV) ratio must be greater than 80%.

5. The borrower must be current on the mortgage at the time of the refinance, with no late payment in the past six months and no more than one late payment in the past 12 months.

Here are some of the details:

MAXIMUM LTV AND LOAN AMOUNT FOR HARP 2.0 Refinance Riverside County:

LTV (loan-to-value) and CLTV is UNLIMITED Refinance for all Occupancies and all Property Types
HARP 2.0 Unlimited LTV refinances are limited to your area’s conforming loan limits.

þ Riverside - $417,000

þ San Diego - $546,250

þ Los Angeles - $625,500

þ Orange County - $625,500

þ San Francisco - $625,500

þ Ventura - $$598,000

þ San Luis Obispo - $561,200

For all other counties maximum loan amounts, please contact Derek and he will let you know what they are.

Loan purpose is Rate and Term Refinance only; loan amount can include pre-paids and closing costs

ELIGIBLE OCCUPANCY AND PROPERTY TYPE FOR HARP 2.0 Unlimited LTV Riverside County Refinance:

Primary residence
Second home
Non-owner occupied
1-4 units
Condos, PUDs, Manufactured homes

INELIGIBLE LOANS FOR HARP 2.0 Unlimited LTV Riverside County Refinance:

Any loan currently in default
Loans not owned by Fannie Mae or Freddie Mac
Existing loan delivered to Fannie or Freddie on or after 6/01/2009
Government loans – FHA, VA USDA
Reverse mortgages
2nd position liens (ex. lines of credit)

MORTGAGE HISTORY FOR HARP 2.0 Unlimited LTV Riverside County Refinance:

DU – must be current
LP – 0×30 in last 6 months, 1×30 OK in last 7-12 months

MORTGAGE INSURANCE FOR HARP 2.0 Unlimited LTV Riverside County Refinance:

Existing loans with MI are eligible
Your current MI company must reissue the current rate/policy
If your current loan does not have mortgage insurance you will not be required to purchase it even if you don’t have the required 20% equity

NUMBER OF FINANCED PROPERTIES FOR HARP 2.0 Unlimited LTV Riverside County Refinance:

DU – no limit
LP – no limit if loan is primary residence, max 4 properties if loan is 2nd home or investment property

NO MINIMUM CREDIT SCORE IS REQUIRED FOR HARP 2.0 Unlimited LTV Riverside County Refinance!

However, different investors will have different rules regarding credit scores. Most likely you will need a 620 score or higher. DU or LP will determine.

MAIN HARP 2.0 Unlimited LTV Riverside County Refinance QUESTIONS:

To see the main HARP 2.0 Unlimited LTV Riverside County Refinance questions, please visit my website by clicking here

HARP 2.0 Unlimited LTVRiverside County Refinance is only for mortgage loans owned by Fannie Mae or Freddie Mac. To see if your mortgage may be eligible for HARP 2.0, check these two sites first:

Fannie Mae HARP lookup: http://www.fanniemae.com/loanlookup/

Freddie Mac HARP lookup: https://ww3.freddiemac.com/corporate

HARP 2.0 Unlimited LTV Riverside County Refinance

Posted by: Derek McClintock at 2:26pm

Tags: harp 2.0 unlimited ltv riverside county refinance

Saturday, March 3rd, 2012

HARP 2.0 Unlimited LTV Orange County Refinance

HARP 2.0 Unlimited LTV Orange County Refinance

ORANGE COUNTY Homeowners - DO YOU OWE MORE THAN YOUR HOUSE IS WORTH OR YOU CAN’T REFINANCE?

Home Affordable Refinance Program HARP 2.0 Unlimited LTV Orange County Refinance

The HARP 2.0 Unlimited LTV Orange County Refinance program may help ORANGE COUNTY homeowners make payments more manageable. The program’s goal is to allow San Diego homeowners to refinance their loans, even if they owe more than their homes are currently worth. Millions of homeowners are in this predicament because their homes lost value in the bursting of the housing bubble.

With HARP 2.0 Unlimited LTV Refinance Orange County homeowners can now lock into a lower rate and reduce the principal and interest of their monthly payments even with little or no equity.

Do I Qualify For This Program? Let’s Start With These Questions:

1. The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae. Click here to see if it is.

2. The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.

3. The mortgage cannot have been refinanced under HARP Refinance previously unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009.

4. The current loan-to-value (LTV) ratio must be greater than 80%.

5. The borrower must be current on the mortgage at the time of the refinance, with no late payment in the past six months and no more than one late payment in the past 12 months.

Here are some of the details:

MAXIMUM LTV AND LOAN AMOUNT FOR HARP 2.0 Unlimited LTV Orange County Refinance:

LTV (loan-to-value) and CLTV is UNLIMITED Refinance for all Occupancies and all Property Types
HARP 2.0 Unlimited LTV refinances are limited to your area’s conforming loan limits. In Orange County and Los Angeles County, the current conforming loan limit for a single-family home is $625,500. In San Diego County, the current conforming loan limit for a single-family home is $546,250. In San Bernardino County and Riverside County, the current conforming loan limit for a single-family home is $417,000. In Santa Barbara County, the current conforming loan limit for a single-family home is $625,500. For all other counties maximum loan amounts, please contact Derek and he will let you know what they are.
Loan purpose is Rate and Term Refinance only; loan amount can include pre-paids and closing costs

ELIGIBLE OCCUPANCY AND PROPERTY TYPE FOR HARP 2.0 Unlimited LTV Orange County Refinance:

Primary residence
Second home
Non-owner occupied
1-4 units
Condos, PUDs, Manufactured homes

INELIGIBLE LOANS FOR HARP 2.0 Unlimited LTV Orange County Refinance:

Any loan currently in default
Loans not owned by Fannie Mae or Freddie Mac
Existing loan delivered to Fannie or Freddie on or after 6/01/2009
Government loans – FHA, VA USDA
Reverse mortgages
2nd position liens (ex. lines of credit)

MORTGAGE INSURANCE FOR HARP 2.0 Unlimited LTV Orange County Refinance:

Existing loans with MI are eligible
Your current MI company must reissue the current rate/policy
If your current loan does not have mortgage insurance you will not be required to purchase it even if you don’t have the required 20% equity

NUMBER OF FINANCED PROPERTIES FOR HARP 2.0 Unlimited LTV Orange County Refinance:

DU – no limit
LP – no limit if loan is primary residence, max 4 properties if loan is 2nd home or investment property

MORTGAGE HISTORY FOR HARP 2.0 Unlimited LTV Orange County Refinance:

DU – must be current
LP – 0×30 in last 6 months, 1×30 OK in last 7-12 months

NO MINIMUM CREDIT SCORE IS REQUIRED FOR HARP 2.0 Unlimited LTV Orange County Refinance!

However, different investors will have different rules regarding credit scores. Most likely you will need a 620 score or higher. DU or LP will determine.

MAIN HARP 2.0 Unlimited LTV Orange County Refinance QUESTIONS:

To see the main HARP 2.0 Unlimited LTV Orange County Refinance questions, please visit my website by clicking here

HARP 2.0 Unlimited LTV Orange County Refinance is only for mortgage loans owned by Fannie Mae or Freddie Mac. To see if your mortgage may be eligible for HARP 2.0, check these two sites first:

Fannie Mae HARP lookup: http://www.fanniemae.com/loanlookup/

Freddie Mac HARP lookup: https://ww3.freddiemac.com/corporate

HARP 2.0 Unlimited LTV Orange County Refinance

HARP 2.0 Unlimited LTV Orange County Refinance

Posted by: Derek McClintock at 1:35pm

Tags: harp 2.0 unlimited ltv orange county refinance

Tuesday, February 21st, 2012

Mt. Helix La Mesa CA

Mt. Helix in La Mesa, CA is a beautiful area located on a hill with amazing homes for sale and views to the mountains and the oean. At the top of Mt. Helix in La Mesa, CA, you will find Mt. Helix Park. The Mt. Helix Park Foundation in La Mesa CA is the non-profit organization responsible for preserving and enhancing the Park, amphitheater and cross memorial on top of Mt. Helix. The cross memorial is one of only two in all of San Diego County (the other being atop Mt. Soledad in La Jolla).

The Mt Helix Park in La Mesa, CA is home to many weddings, musical performances, Easter sunrise services, family outings and just sometime for the quietness and the views. The Park is open from approximately sunrise to sunset and is a non-smoking environment.

The homes on Mt. Helix in La Mesa, CA are some of the most amazing homes in San Diego County. People who live on Mt. Helix have wonderful schools to choose from for their kids. Mt. Helix is very close to the 8 freeway as well as the 125 and the 94. If you are looking to buy a new home in East County San Diego, I highly recommend Mt. Helix in La Mesa, CA for your new neighborhood.

I almost forgot, they also have a Brigantine restaurant there that has wonderful happy hour fish tacos.

Posted by: Derek McClintock at 3:40pm

Tags: mt. helix la mesa ca

Wednesday, February 1st, 2012

FHA Loans in San Diego

FHA Loans in San Diego

FHA loans in San Diego CA are very popular these days. FHA loans in San Diego are great because they only require 3.5% down payment to buy a home. The 3.5% down payment on an FHA loans in San Diego may also be a gift from a blood relative. FHA loans in San Diego are popular mainly because many clients do not have the traditional 20% down payment that most conventinal loans require.

FHA loans in San Diego are available up to $697,500. Most lender require a credit score of 640 to be approved on an FHA loan in San Diego, however, we have investors that will allow us to go all the way down to a 500 score. You must have a 660 score to get a Jumbo FHA loan in San Diego.

FHA loans in San Diego must be on a primary residence (you must live there). Upfront mortgage insurance as well as monthly mortgage insurance is required on all FHA loans in San Diego. On a 30 year fixed 3.5% down FHA loan in San Diego, the upfront mortgage insurance fee is 1.00% of the initial loan amount and the yearly mortgage insurance fee is 1.15% of the loan amount.

Please contact Derek for any FHA loans in San Diego questions.

For more information on FHA loans in San Diego, please visit my website at http://derekmcclintock.com/fha-loans

Posted by: Derek McClintock at 6:55pm

Tags: fha loans in san diego

Friday, January 27th, 2012

Anybody Doing Open Houses This Weekend?

It's going to be a GREAT weekend for open houses here in San Diego. The weather is amazing and the energy from my agents is VERY HIGH. You NEVER know who s going to walk through your doors when you are sitting an open house, so ALWAYS be ready... that one person could be your buyer. YOU NEVER KNOW.

Make sure your flyers are looking really good... put a little effort in to them... make them stand out from the other open house down the street. Do you have a text capture code for your listing? Do you have a single property website? Make sure you include those on your flyers. Here is the house that I am sitting in on tomorrow with one of my agents http://3922wildwood.view24hours.com/

Put something good on the tv... The Farmers Insurance Open (golf) is on this weekend. Give the people a reason to hang around more. Maybe some light music if there is surround sound. Drink a 5 hour energy if you have to. Personality is HUGE in our business and for me, I tend to get excited when talking to potential clients (even though I am not a Realtor, I have sat in hundreds of open houses with my agents and been to hundreds of open houses and seeing an agent excited about their open or their listing goes A LONG WAY).

So good luck to all of the agents out there this weekend. May you have a wonderful open house and walk away with a few potential clients.

Oh yeah, DON'T FORGET your sign in sheet.... it's a free database!

Posted by: Derek McClintock at 12:48am

Tags: open houses san diego

Thursday, January 26th, 2012

How Do You Get Short Sales BEFORE The N.O.D. List Comes Out?

How is it possible to get short sales before the N.O.D. list comes out? I'm glad you asked. We are hosting a FREE class for ALL San Diego Real Estate Agents on just this topic in 2 weeks (and you get free CE credit). Please see the invitation below and I would love to see you there. Space is limited to 25 agents and 7 have already registered as of right now.

Seats are limited so please register with me as soon as you can. You can reserve your seat by calling or emailing me Derek McClintock. My contact info is to the right. AmeriFirst Financial is a large southwest U.S. mortgage banker (direct lender) and broker. Our San Diego office is located in Del Mar. We are able to fund in house loans in as little as 10 days, if need be. We also have access to all of the portfolio loan programs out there today. You can get an idea of what loans we can do by clicking here for a sample list.

To see what I can do for my agents please click here. I love working with Realtors and helping them grow their business, how can I help you?

Posted by: Derek McClintock at 5:08pm