Real Loans for Real People June 24, 2008
More Lenders are removing declining market notation for San Diego.
Since 95% loans are now readily available without a government program, demand is up and unfortunately, so are rates.
The Best Loans Right NOW
6.25% 30 Year fixed rate loan, with one total point to the consumer and NO PREPAYMENT PENALTIES!. Assuming a $400,000 loan, Payment $2462, APR 6.389! This is a thirty year fixed rate loan. The payment and interest rate will stay the same on this loan until it is paid off! 30 year fixed rate loans as low as 5.375 percent!
5/1 Rates will save you a lot of money!
Best 5/1 ARM: 5.625% with 1 total point to the consumer, and NO PREPAYMENT PENALTIES! Assuming a $400,000 loan, Payment $2302 APR 5.759. This is a fully amortized loan with a fixed rate for the first five years. 5/1 ARM rates as low as 5 percent!
10 year interest only payments available on 30 year fixed rate loans!
Great Rates on temporary conforming, jumbo and super-jumbo loans also available!
Zero closing costs loans also available!
Yes, I still have 100% financing (full documentation) and stated income loans!
Interest only, No points and zero cost loans also available!
These are actual retail rates at actual costs available to real people with average credit scores! I always guarantee the loan type, rate, and total cost as soon as I have enough information from you to lock the loan (subject to underwriting approval of the loan). I pay any difference, not you. If your loan provider doesn't do this, you need a new loan provider!
All of the above loans are on approved credit, not all borrowers will qualify, based upon an 80% loan to value and a median credit score on a full documentation loan. Rates subject to change until rate lock.
Interest only, stated income, bad credit and other options also available. If you need a mortgage, chances are I can do it faster and on better terms than you'll actually get from anyone else in the business.
100% financing a specialty.
Please ask me about first time buyer programs, including the Mortgage Credit Certificate, which gives you a tax credit for mortgage interest, and can be combined with any of the above loans!
Call me. EZ Home Loans at 619-449-0070, ask for Dan. Or email me: danmelson (at) danmelson (dot) com
CategoriesLoans Available for Locking
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