MORTGAGE S asked:


Laptop equipped (Need wireless)
Borrowers Credit Evaluations
Same Day Pe-Aproved Loans
Rate sheets & prequls
Can’t give you all the details but much more. Think about it, saving time with borrowers. Knowing everything about them right there. Realtors keep your eyes open, for loan officers with the same idea. Lets all start to work together. Southern California, 23Years old 1 1/2 years as a loan officer. Making it Happen, its still a good Career……..

stacey b asked:


My loan penalty will be over in Feb.2008, from fix at 10% for $5292 a month, after that it will be adjustiable rate. I can’t refinance for lower rate because of self employed and low credit score. wonder if adjust. will be ok for me? how does adjust. work? We are in Contra Costa, california.

Mr. Jack asked:


I want to simply find out what, on average, the credit rates for an auto loan would be for someone with mediocre credit living in california.

kikkoman619 asked:


I’m in California and am looking for a lender that can finance a $6-$8,000 personal loan to pay off some debts. I have a decent paying job, and am willing to pay a larger interest rate. I have tried credit.com, AIG, among others suggested on this site. Has anyone found a new lender?
I’ve also tried citifinancial.

Tanya P asked:


Professionally speaking…loans, refi’s, rates. How’s the market according to a mortgage officer and/or processor…Fast? Slow? A little of both?

jamminbyalias asked:


I have a student loan from Sallie Mae with an annual interest rate of 18.25%. Does the usury limit come into play for loans through Sallie Mae. If so, what is the ceiling percentage and what can I do? Thanks in advance.

Wendy M asked:


We live in OC, California. Bought our house for 625,000 and our monthly “interest only fixed rate” loan payment with taxes, insurance, etc. is $3,200. We make about 110,000 per year and we get to write off almost 40,000 in interest. We’re in our early 40s. Should we keep this loan? We can’t afford a higher payment. If we rent, it would be about $2,500 for a house out here and then we’d get no tax write-off for the interest on our loan. What should we do???

Dr Jello asked:


“Unemployment in California rose for a fifth straight month to 7.7% in August.”
“It was the highest rate in just over 12 years and was tied with Mississippi’s as the third worst in the nation. Nationally, unemployment was 6.1% in August.”

http://www.latimes.com/business/la-fi-caljobs20-2008sep20,0,7850441.story

And on top of record unemployment, the State is broke.

“California may need a $7 billion emergency loan from the federal government to pay for “teachers’ salaries, nursing homes, law enforcement and every other state-funded service” this month, Gov. Arnold Schwarzenegger warns. ”

http://www.cnn.com/2008/POLITICS/10/03/california.loan/

Has overbearing environmental laws in California bankrupted the state causing jobs to flee to states with better sanity?

Are California’s environmental laws especially harsh even now when the climate is cooling, and there is no “global warming”?

http://www.nationalpost.com/893554.bin

Hairy Woo(bat)man asked:


I am considering giving 2,999 dollars to federal loan modification program (based in Cali) to help me negotiate with my lender.

1. Is this a good company?
2. How much will they help?
3. They have said that they have a 99% success rate in helping people lower theire mortgage payments. Is this true?

4. What if they take my money even if they do not help??

5. Can you recommend any other company?

Thank you

dave asked:


I’ve read other replies, and know the consensus on home equity loans and buying a car. However, we’re looking for another used vehicle as we just sold our other one, and it’s a matter of a requirement purchase than a luxury purchase.

I’ve been receiving letters from our bank lately where they are offering us a line of credit at 3.6%, since our home has more than enough positive equity towards it (even in this current market). The other loans I can find through my credit union or other places are at higher interest rates, like 5.5% - 7% financing. We’ve already sold our other car and have money to put down towards a replacement, but wanted to finance a smaller amount of around approx $14k. We have the cash available but don’t to be wiped out from spending it all on this vehicle. Thus, eitherway we’re going to finance the $14k over the next 36 months as we can cover the monthly payments no problem.

The question is, what are your thoughts on using the line of credit at 3.6% for the next 3 years at $14k, as opposed to getting a ‘traditional’ auto loan at double the interest rate for the same amount & terms? The other positive I see from this is the interest will be tax deductable. But are there really any specific issues that we should be aware of if deciding to take out the home equity loan for the vehicle?