We serve borrowers who have unique situations that do not meet strict institutional guidelines for Loan products like: Hard Money Lending Foreign Resident Financing Private Money Lending Cash-out Financing Non-QM Jumbo Lending First and Second Mortgages First and Second Trust Deeds Business and Investment purpose financing Asset Based Bridge Financing Commercial Financing Equity Based Financing…

We’ve devoted lots of time and space recently to discussing the uncommon mortgage rate environment recently.  The abbreviated thesis can be reduced to a few key bullet points: Mortgage rates involve both the rate itself and the upfront cost required to obtain that rate. Recently, there is much less distance between any two interest rates in…

NOTE: Rate quotes are all over the map right now, and one key reason is the outsized value of discount points in the current market.  For example, during more normal times, you might see two equivalent loan quotes (2 options from the same lender) where one option has one discount point in exchange for a…

U.S. ECONOMY Inflation Hits New Four-Decade High of 9.1% Inflation reached its highest rate in nearly 41 years in June. Prices were up broadly across the economy, with gasoline far outpacing other categories. This has had a daily effect on Mortgage loan rates and we do expect further rate increases. We are here to help…

Inflation is the enemy of low interest rates.  As such, the mortgage market was waiting patiently for this week’s key inflation report released this morning.  Thankfully, it showed inflation was running a bit cooler than expected. Rates were already having a decent week due to other economic data both at home and abroad, but the inflation…

This past week, the Federal Reserve raised the Federal Funds Rate by .75%, the first such hike since 1994. Let’s walk through what the Fed said and how the financial markets reacted. “Clearly, today’s 75 basis point increase is an unusually large one and I do not expect moves of this size to be common,”…

This past week, home loan rates improved to the best levels in a month. The 10-yr Note yield closed beneath 2.80% for two consecutive days for the first time since April 13th. Moves like these begin to suggest that rates may have peaked. The main reason for the decline in rates is due to rising…

We are closed Monday May 30th to honor and remember our Fallen Heroes!!

As you prepare for buying a home in California, it’s important to plan and properly budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, most homebuyers were surprised by their closing costs. Sellers are less likely to pay or offer Home…