Realtor & Loan Officer

在美國，除了大银行外还有贷款经纪公司专门提供房屋贷款。客戶們在寻求房屋贷款时，大多数人都愿意货比三家，然后选择谁能够提供最低利率的贷款产品。 而房屋贷款经纪(Mortgage Broker)正是在货比多家的基础上为客户获得最佳的贷款产品。 我們提供多渠道全方位的贷款解决方案，熟悉各lender 的guidelines，可以幫客戶抓住更好的利率，更多的优惠更多的先机。 我們提供 一站式服务；客户填写一份1003 Loan Application申请表，不需要自己询问多个贷款方的报价。我們幫你shopping around，省去很多的時間。 我們幫您去查一次的信用度， 在三個月以内就這信用報告都可以用。 如果你自己去找每一家公司做， 找了兩三次信用分數也許就會開始下降。 更多种类的贷款产品选择，利率选择权更强- 通常能够获得比大银行更好的利率和我們的lender credit 可以cover銀行費用。  更有经验， 抵押贷款专家。了解不同的貸款需求，再給以不同的貸款方案。  可以为银行难以批贷的人搞定抵押贷款，例如自雇人士和信用记录不良的人。在别家银行对您说NO的时候，我们依然说YES! 如果还有更多问题，Googain 的贷款专家 Katty Wong 欢迎您來電話询問。 Tel: +1 (408) 386-1530 我是全職房地產經紀。如果您還有任何貸款 灣區房地產問題 電郵: kattyrealtor@gmail.com Wechat: katie_w0 DRE#: 02032778 NMLS#:1494343 Googain Inc. dba MaxReal Website: https://www.kattyrealtor.com/

Unless you can afford to buy a home with cash, you’ll be paying some interest on a mortgage if you decide to go from being a renter to being a homeowner. Paying interest to a bank is no one’s idea of a good time. The good news, though, is that with the mortgage interest deduction the IRS lets you deduct that mortgage interest from your taxable income when you file your tax returns. Currently you can claim this deduction on mortgages worth up to $750,000. This number was set at $1 million until President Trump signed the new tax law in late 2017. Let's say you borrowed $800,000 against your primary residence and $400,000 against your secondary residence. Both loans were used solely to acquire or substantially improve the properties. Together, the loans add up to $1.2 million, exceeding the $750,000 limit under the terms of the TCJA. You can only claim a mortgage interest deduction for the percentage attributable to the first $750,000 you borrowed. Interest associated with...

Q1 - What is private mortgage insurance? Answer: PMI is an insurance policy you pay for that protects your mortgage lender from financial loss if you stop making your mortgage payments. Note: Your PMI policy insures only your lender against loss; it does not make mortgage payments for you if you're injured or unemployed. Depending on your credit score, your down payment, and several other factors, your lender may require you to have PMI coverage on your mortgage. Q2 - Can I cancel my PMI? What do I need to do? Answer: It may be possible to cancel your PMI policy; but it depends on several factors - including the kind of mortgage you have (conventional, Fannie Mae, Freddie Mac, FHA/VA, etc.), how long you've lived in your home, your payment history, how much equity you have in your home, and several other criteria. Your first step toward cancellation is to submit a written request for your lender to review your loan. Q3 - I've received a bill for my prope...

Fannie Mae economists are forecasting two more quarter-point interest rate cuts by the Federal Reserve this year, expecting that the Fed will move to cut rates in September and again in December. That could bode well for lowering mortgage rates for the remainder of the year. Even though the Fed's short-term interest rate does not have a direct effect on mortgage rates, it does tend to influence them. Consumer demand for housing remains strong, Fannie Mae's Economic and Strategic Research Group notes in a recent report. However, limited inventory—notably at the affordable end—is inhibiting growth in the single-family housing market, the report notes. Fannie Mae's Home Purchase Sentiment Index surged to a record high in July as home buyers showed stronger interest in the real estate market. But even as mortgage rates near record lows, the limited availability of homes for sale is constraining growth, researchers note. "Though the current expansion recently be...

You've found your dream house. Are your credit reports ready? AnnualCreditReport.com is the only official site explicity directed by Federal Law to provide them. People with good credit should check their credit report annually to ensure information stays accurate. Federal law allows you to: Get a free copy of your credit report every 12 months from each credit reporting company. Ensure that the information on all of your credit reports is correct and up to date. Website:  https://www.annualcreditreport.com/index.action For more information, please contact: Realtor & Loan Officer 我是全職房地產經紀。如果您還有任何貸款 灣區房地產問題 請聯繫：408-386-1530 電郵: kattyrealtor@gmail.com Wechat: katie_w0 DRE#: 02032778 NMLS#:1494343 Googain Inc. dba MaxReal Website: https://www.kattyrealtor.com/

随着天气逐渐暖和，购屋季也拉开序幕。如果你考虑买房子，多打听、多收集资料很重要。房地产的用语可能令人困惑，特别对初入房市者更是如此。以下是买房子会碰到的一些词汇，最好在开始就房价进行磋商前就了解这些字汇的意义。 一、房屋抵押贷款(Mortgage) ：这就是把所购房子作为抵押的贷款，无力用现金购屋者，可向金融机构(例如银行或信用合作社)申请房屋抵押贷款。 二、摊还年限(Term) ：这是完全还清贷款的年数，通常是15、20或30年。 三、头款(Down Payment) ：这是房产交易所付的第一笔款项，通常建议买家支付房价的20%作为头款，若没有那麽多钱，买家还有很多其他选择。 四、信用分数(Credit Score) ：这个数字反映某人的信用史，以及他还清贷款的可能性，用来决定借钱者对放贷机构成的风险。这是金融机构用来决定房贷利率的因素之一，你可在Credit.com每个月免费查询两个信用分数。 五、浮动利率(Adjustable Rate) ：这种房贷的利率随着市场浮动，通常浮动利率一开始低於固定利率，利率增加的幅度有设限。 六、固定利率(Fixed Rate) ：这种房贷的利率在摊还贷款期间都不变。 七、点数(Points) ：房贷点数是提前支付的费用，基本上就是预付利息。点数是在交割时付给放贷机构，每个点等於房贷的1%，通常可减少每月偿还的房贷。 八、摊还(Amortize) ：以定期付款的方式逐步还清债务(例如房贷)。 九、联邦住屋局房贷(FHA Mortgage) ：这是联邦住屋局(FHA)担保的房贷，头款仅为借贷金额的3.5% ，但是需要支付最初保险费1.75%。另外还要支付年度保险费，後者根据贷款金额、贷款对房价的比率、以及摊还年限而有所不同。借钱民众需符合某些规定，才能申请这种房贷。 十、交割费用(Closing Costs) ：这是交割(付钱取得产权转移)时支付的费用，通常包括贷款发放、律师和产权保险，相当於贷款金额的2%到5%。 来源：worldjournal 我是全職房地產經紀。如果您還有任何貸款 灣區房地產問題 請聯繫：408-386-1530 電郵: kattyrealtor@gmail.com Wechat: k...

Before running the credit report, we always give borrowers an option to opt out of trigger leads to prevent keep receiving phone calls from others lenders.  Here's the step: Go to ☝  www.Optoutprescreen.com and submit the request.    It does take about 5-7 days to take effective 我是全職房地產經紀。如果您還有任何貸款 灣區房地產問題 請聯繫：408-386-1530 電郵: kattyrealtor@gmail.com Wechat: katie_w0 DRE#: 02032778 NMLS#:1494343 Googain Inc. dba MaxReal Website: https://www.kattyrealtor.com/

Buying a Home with a Hybrid Adjustable Rate Mortgage While fixed rate mortgages remain at historical low levels, some borrowers are beginning to utilize Hybrid Adjustable Rate Mortgages (“Hybrid ARMs”) for the home buying process. For certain borrowers, Hybrid ARMs are a viable product for the purchase of a home. A Hybrid ARM is a loan where the loan is fixed for a set period, typically three, five, seven, or sometimes ten years . After the fixed rate period, the loan converts into a one-year ARM. Because there is less risk to the lender from changes in the interest rate environment, Hybrid ARMs will usually have a lower starting interest rate than a comparable 30-year fixed rate mortgage. Borrowers who do not plan to keep a mortgage longer than the fixed period may be a good candidate for Hybrid ARMs. Borrowers who plan to either payoff the loan early either through early prepayment, refinancing, or sale of the property should carefully consider a Hybrid ARM as a mortgage ...

In the first post on initial disclosures, there was a discussion of the Lender Estimate (“LE”).  In this post, part 2 of 3, this is a discussion of the other major disclosure that takes place at loan application, the Truth-In-Lending Disclosure (“TIL”) or Reg Z.  As mentioned in the first post, there are two major disclosures that take place when the loan application has reached the “trigger” point.  That is, the six items that make a loan application official for government reporting purposes. Please see part 1 of this series for more information.  The second major disclosure is the TIL. The TIL disclosure is made up of four major components along with several other items that are disclosed that outline certain terms of the loan.  These four major components are: Amount Financed Total of Payments Finance Charge Annual Percentage Rate Though the TIL was required by statutes (Regulation Z) to aid the consumer regarding the “true” cost of financin...

As part of the application process, a lender must provide a Lender Estimate (“LE”) and a Truth-in-Lending (“TIL”) statement within 3 days of a loan application. Often there is confusion regarding the requirements of these forms. For today’s posting (part 1 of 3), this is a discussion of when an LE is required, its tolerances, and the rules regarding non-compliance. First, an LE is required when there are 6 items known to a lender. Once the lender is aware of these, an LE must be sent to the consumer. The 6 items are: Borrower Name Subject Property Address Estimated Value of Subject Property for the Loan Loan Amount Borrower Income Borrower Social Security Number Once this information is available to the lender, the LE must go out within 3 days. When the LE goes out, there are several categories of fees. Each of these fees have various tolerances. These categories are: Fees Paid to the Lender – Zero Tolerance Fees Paid to Others at Closing that a Borrower is Not Al...

我是全職房地產經紀。如果您還有任何貸款 灣區房地產問題 請聯繫：408-386-1530 電郵: kattyrealtor@gmail.com Wechat: katie_w0 DRE#: 02032778 NMLS#:1494343 Googain Inc. dba MaxReal Website: https://www.kattyrealtor.com/

Pre-qualification A mortgage loan pre-qualification is simply an estimate of how much house you can afford and how much money a lender would be willing to loan you. The best time to get a pre-qualification is right at the beginning of your home buying process, before you even start looking at houses. This involves either sitting down with a lender or talking with one on the phone, and providing information on your income, assets, debts, and a potential down payment amount. The lender would then provide you with a ballpark figure in writing of how much he thinks you could afford to pay for a monthly mortgage. There is no cost involved and there is no commitment on either side. This estimate is just helpful in helping you figure out if buying a home is a viable option, and if so, what your price range would probably be. Pre-approval Getting pre-approved means that you have a tentative commitment from a specific lender for mortgage funding. In this case, you provide a home loan l...

我是全職房地產經紀。如果您還有任何貸款 灣區房地產問題 請聯繫：408-386-1530 電郵: kattyrealtor@gmail.com Wechat: katie_w0 DRE#: 02032778 NMLS#:1494343 Googain Inc. dba MaxReal Website: https://www.kattyrealtor.com/

We are now taking loan applications with new loan limits for 2019! 我是全職房地產經紀。如果您還有任何貸款 灣區房地產問題 請聯繫：408-386-1530 電郵: kattyrealtor@gmail.com Wechat: katie_w0 DRE#: 02032778 NMLS#:1494343 Googain Inc. dba MaxReal Website: https://www.kattyrealtor.com/

Take control of your mortgage closing! Our Turn Time: Underwriting: 1-Day Cond. Review: 1-Day Docs Out: 4-Hour Funding: 1-Day Disclaimer: 10-Day closing is subject to receipt of satisfactory documents from consumers (such as income, asset, appraisal, etc). In addition, 10-day closing is not a guarantee for your loan approval or closing. Realtor & Loan Officer 我是全職房地產經紀。如果您還有任何貸款 灣區房地產問題 請聯繫：408-386-1530 電郵: kattyrealtor@gmail.com Wechat: katie_w0 DRE#: 02032778 NMLS#:1494343 Googain Inc. dba MaxReal Website: https://www.kattyrealtor.com/