Carmel Mortgage, Carmel Homes, Monterey Peninsula Mortgage co meeting your home financing needs, Cheryl Whitworth Mcvicar, Chuck Schipper, Jason Montgomery, Lori Clark
I've been in the real estate business for over 30 years now. Your Borroware software is the easiest loan application I have ever completed. You have a winner here!
In The News...
Americans filing for Unemployment Insurance was 462,000 in the month of February, a bit lower than the 460,000 expected and down 6,000 from the previous week. The 4-week moving average rose 5,000 to 475,500....
Which loan program is right for you?
Whatever your situation may be, we have a loan program just for you.* Whether
it's a loan to purchase a home, lower your current monthly payments, pay your
bills, or improve your credit, we've got it.
*some qualifications do apply.
Fixed to Adjustable Programs
ADVANTAGES
DISADVANTAGES
•
2 and 3 year fixed rate mortgages provide the
security and a relatively low fixed interest rate. After the first 2 or 3
years the loan will convert to an adjustable loan in order to obtain a full 30 year fixed loan
•
Allows a borrower 2 to 3 Years to improve their credit
•
Loan will convert to an ARM after the fixed
period and payments can increase as rates rise
2 Year Fixed(then ADJ), 3 Year Fixed(then ADJ)
Adjustable Rate Programs
ADVANTAGES
DISADVANTAGES
•
Lower initial monthly payment
•
Lower payment over a shorter period of time
•
Rates and payments may go down if rates improve
•
May qualify for higher loan amounts
•
Payments may change over time
•
Potential for higher payments if rates go up
10/1 ARM, 7/1 ARM, 3/1 ARM, 1 Year ARM, 6 Month
ARM, 2/28 2 Year Fixed; 28 Year ARM, 1 month ARM
No Point No Fee Programs
ADVANTAGES
DISADVANTAGES
•
No closing costs
•
Less money required to close
•
Higher rates
•
Higher down payments
No/Stated Income/Asset Programs
ADVANTAGES
DISADVANTAGES
•
No tax returns or W2's
•
No proof of assets or down payment
•
No verification of income
•
Fast approval
•
Higher rates
•
Higher down payments
Carmel Mortgage
200 Clock Tower Place E-150
Carmel, CA 93923
Phone (831) 625-3939
Carmel Mortgage Refinances Monterey County and California - Learn about Monterey Refinance Programs, refi with Carmel Mortgage, the credible local mortgage company
Carmel Mortgage Vs. Your Bank - Carmel Mortgage helps people of Monterey County and all of California find the best home loan at the bes rate for their financing needs and goals. We do not push the most expensive loan like banks can.
Pebble Beach, Carmel, Carmel Valley, Monterey homes, Monterey CA homes, Pacific Grove, Salinas, Seaside, Marina, fort ord, new monterey, oldtown salinas, Pasadera, Las Palmas, greenfield, big sur, carmel-by-the-sea, spreckels, castroville, prunedale, elkhorn, moss landing, aptos, santa cruz, carmel homes, salinas homes, pasadera homes, las palmas homes, monterey CA
