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A. BORROWER   Borrower does not meet standard guidelines: They phone Dan!   *Resident Alien/Foreign borrower *Vesting – LLC’s, Corporations, Partnerships, Trusts *Income-self-employed,  *Unverifiable income,  *Banks statements ok vs tax returns *Credit – no credit scores, low credit scores, previous BK  *Seeks 1st or 2nd trust deed for 2-5 years, interest only *Short term fix and flip and owns…

Dan Cassel and the Trinity Mortgage Broker team provide the one-on-one guidance you deserve when it comes to Purchasing or Refinancing commercial property. We offer an extensive line of commercial loan solutions to investors, builders, business owners and other borrowers throughout San Diego, Los Angeles, and the surrounding Southern California areas. Our proprietary Lending Platform…

Thursday and Friday weren’t great days for the mortgage market last week.  Rates jumped sharply on Thursday and then drifted just a bit higher on Friday.  By the end of the week, the average lender was yet again quoting the highest rates since 2009 with the most prevalently quoted conventional 30yr fixed rates in the 5.5% range. One business…

Thursday marks the weekly release of the industry’s most widely cited mortgage rate survey.  All manner of news outlets rely on the survey to generate once-a-week stories.  Those have been especially popular recently, but only because bad news sells. The only problem with that news in this case is the fact that it’s no longer accurate. …

Self Employed? – 4 Mortgage Options to get a Mortgage Without Tax Returns? If you are Self-Employed and show significant tax write-offs, you may have been told you don’t qualify for a mortgage. It is extremely common for business owners to take advantage of the write-offs available to them. The only problem is when it’s time…

Last week’s big news was the rapid jump in rates.  In fact, it was right in line with the worst week in decades in terms of the total increase in the average 30yr fixed rate.  On that note, June 17-21, 2013 saw rates rise 0.52% compared to last week’s 0.49%.  Because rates are quoted in…

*Copy of 2020/21 Fed Taxes, all pages. W’2s YTD. * P and L if Self Employed, *Copy of your current Driver’s License * 2 most recent Year to Date Pay Stubs * Last 12 Statements for ALL personal and Business Bank accounts (all Pages please) * RE: Bank Statement Loans – we do a Analysis on tax…

If you received a mortgage rate quote any time in the past few days or weeks, unless it was at the end of the business day on Monday, March 14th, you’re looking at a relic of a bygone era.  Print it out and hang it up in the halls of Woulda, Shoulda, Coulda.  This is actually good…

It’s Thursday and thus time once again for Freddie Mac’s weekly mortgage rate survey.  An industry standard report dating back to the 70s, Freddie’s survey rate is standby for multiple news organizations to print their once-a-week mortgage rate color.  The net effect is the appearance of a deafening consensus in financial media regarding the going 30yr fixed rate. The problem is…

Mortgage rates are based on bonds and bonds are having a tough time in the past few days.  Bonds such as US Treasuries often benefit from terrible things that happen around the world–anything that calls economic growth into question or that increases geopolitical risk in a significant way. The situation in Ukraine definitely ticks both those boxes, and that’s…