Last week wasn’t a great one for mortgage rates.  Most lenders were roughly a quarter of a point higher on a conventional 30yr fixed scenario by Friday.  This morning’s additional weakness in the bond market brings the average conventional 30yr fixed scenario closer to 3.625% (as always, rate quotes depend on multiple factors, and the overall range is…

Ideally for clients who seek cash out for Planning purposes and can fully document their income, but maybe not always with tax returns or conventional documentation. Many of our Refinance Loan Requests are for Salaried Borrowers, however a fair percentage are also Self-Employed Business Owners who may need some “Documentation” and Cash Out flexibility! They seek to:…

It has been very rare over the last several years to see a solid 2nd Trust Deed Loan Product come to the market for CA homeowners… Here are a few more Loan Details: – These are 15-, 25-, or 30-Year Term Fixed Rate 2nd Trust Deeds – Loan amounts 250K Min to 500K Max. Combined 1st…

Ideally for clients who can fully document their income, but maybe not always with tax returns or conventional documentation. Many of our Refinance Loan Requests are for Salaried Borrowers, however a fair percentage are Self Employed often as Business Owners, Real Estate Investors, and Builders who may need some “Documentation” flexibility! They seek to: Unlock…

Mortgage rates were fairly flat heading into today’s important Fed announcement.  Despite arguably receiving bad news, they didn’t move too much higher by the end of the day. What was the bad news? In short, the Fed is doubling the pace of “tapering.”  That means it will be reducing the amount of bonds it has been buying twice…

You came to the Right Place!! Since 2009 Dan Cassel and his Loan team at Trinity Mortgage have helped maximize income recognition for Self-Employed professionals, using 1099s and/or bank statements, to identify the best home financing solutions for each Borrower. These Primary or Investment Home Loan products require No Tax returns, want to see 2…

Mortgage rates have been fairly flat in the bigger picture, but each passing day continues to bring small scale movements.  This is almost always the case, even if rate quotes don’t seem to be changing.  One key reason for this is the difference between “note rate” and “effective rate.”  The former is the rate that actually…

Financial market volatility increased noticeably after the emergence of the omicron variant. Last week, that proved to be good for rates and bad for stocks. This week was a different story. While the collective view of omicron remains cautious, several high-profile comments pushed back against the defensive reaction seen in the previous week.  Stocks eagerly…

HOME EQUITY CASH OUT REFINANCE ALTERNATIVES Option # 1  Stand alone Second Trust Deed with a Fixed Rate Loan Amounts $200,000 – $500,000. LTVs to 80%. Scores Min 680. Full DOC We can get rid of your revolving credit card debt. We convert high interest payments into pocket cash. We help you figure it out…