Los Angles Mortgage Help Blog
It is our goal on this blog to provide you with up to the date information about issues concerning real estate, mortgages, credit, the mortgage process, and the economic climate as it applies to real estate and mortgages.
- Alternative Documentation Loans
If you are in business for yourself, have income that is difficult to document, have large swings in your income, or other unusual situations, you may be able to qualify for a stated income mortgage in Los Angeles or anywhere in California. In these unique circumstances you may not need income tax returns or other documents normally required.
Call to learn more with no cost or obligation.
See Bill’s video here on Alternative Documentation Loans to learn more about who qualifies and how to proceed. If it doesn’t apply to you, it may apply to a friend of family member.
- Bill Rayman is Vice President of Mortgage Lending at Guaranteed Rate
Bill has substantial experience handling jumbo loans($750,000 – $6,000,000), for both residential and commercial properties, as well as the many, related complex issues. He is Vice President of Mortgage Lending for Guaranteed Rate, one of the largest originators ofhome loans in Los Angeles. Their vast resources assure of finding the best possible rates and terms.
- Low Credit Score – We Can Help
If you have a difficult situation due to income verification, low credit score, or unique real estatechallenges, Bill has probably seen it before. He networks with a group of professionals whose legal, construction, real estate and financial backgrounds will help you find the way through even the most unusual proposal.
- Refinancing Mortgages – Now May Be the Time
As of 2014, Mortgage interest rates continue to be available far below rates commonly available over the last 50 years. You may want to consider refinancing your existing mortgage into a new fixed 30 year loan at these amazing rates. Other reasons to consider refinancing your mortgage at this time would include:getting cash out for remodeling, education, investment, or medical expenses; reducing the interest rate or term; consolidating other debt that has higher interest rates; going to a fixed rate from an ARM.