Popular in Course
verified elite notetaker
Popular in Business
This 5 page Document was uploaded by an elite notetaker on Sunday December 20, 2015. The Document belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 6 views.
Reviews for San-Diego-HARP-Program
Report this Material
What is Karma?
Karma is the currency of StudySoup.
You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!
Date Created: 12/20/15
The Mortgage Planners are a full service mortgage lender based in San Diego, California and have been helping clients with home loans since 2003. They have Mortgage Banking and Broker channels available to their clients to help with purchase, refinance, and reverse mortgages. The Mortgage Planners are affiliated with West Coast Mortgage, a local Direct Lender in San Diego for the past 15 years. The benefits of being a direct lender include controlling the loan documents and funding of the loan, more competitive interest rates and fees, and quicker underwriting time periods. Ask questions and listen to our clients in order to fully understand their needs Create mortgage solutions that complement our client's overall financial strategy, and allow them to effectively accomplish their short and long term financial goals Be sensitiveto the fears that many homebuyers have about obtaining a mortgage loan and earn their confidence as a trusted advisor Use the latest technology to complement our customer service, making adjustments when necessary to avoid overwhelming our clients who are less technically proficient Respect our client's time and minimize the amount of effort required of them by applying our knowledge, experience, and resourcefulness Communicate regularly and proactively with our clients to keep them informed of the status of their loan and to reduce the stress associated with uncertainty Ensure smooth, on time closings with anticipated costs and terms Provide our clients the luxury of home loans in the future with minimal effort on their part Take full responsibilifor our actions and be honest at all times Seek to improve the quality of service we provide by encouraging each client to critically evaluate our performance Striveto honor God in all that we do The Mortgage Planners 10636 Scripps Summit Court | Suite 130 San Diego, CA 92131 Phone: 619.312.0612 Fax: 619.615.2055 consider who the people close to you Choosing Mortgage know. You can get the details about Brokers them and contact them for your own personal research. It is always All over the world, people know and understand how intimidating it is to advisable to find out information yourself since each one of us has have a house. You should always be different needs and whatever is financially ready and capable to pay satisfying for others will not be the necessary expenditure suitable for our preferences. Do not concerning owning one. This is a need for every individual that wishes to hesitate to ask questions and compare rates since you will be have a better life and comfort. paying for it in a long period of time. Achieving such task is rewarding and Weigh every deal that is being provides security to those who possesses one. Many have sought the offered to you plus ask the pros and aid of mortgage brokers both poor cons of every move that you and the and wealthy. It is actually a smart expert might make to avoid negative move when you always think of the surprise that could shatter your plan. To keep away from future disputes future. Emptying your credit balance in outright purchases will lead to you should keep a record of every monetary crisis since you will never receipt, make written notes of dates, know when misfortunes that involve times, names and offers. Always money come. anticipate about the possibilities that could happen in the future be a step Getting the best expert is very ahead all the time and avoid being essential in this project and asking caught off guard by situations that your friends as well as folks who have can be devastating. Money has made successful transactions with a always been like a hot coffee in a very professional can help you which to cold morning that everybody seems hire. You may know some with good interested in getting it and having records but it is still better to The Mortgage Planners 10636 Scripps Summit Court | Suite 130 San Diego, CA 92131 Phone: 619.312.0612 Fax: 619.615.2055 precautions does not make you a has to be done. You can still pessimist. reacquire your property only if you have the right solution to your If you have an excellent credit history dilemma. You have to understand you can purchase loans to acquire your dream house. You can obtain it first your situation so that you can make the right decisions. Try to ask from your trusted bank, credit union, from professionals in the real estate or a private source of fund. It is even possible that the seller will make a field on what better way to do. An expert advice is what you will need in loan to you. You should get smart in this kind of activity, know your this case. There are programs that can be benefited by people who have financial capacity and needs in order the same problem as you. HARP to cover your expenditure. Do not rush into things without the proper Refinance or the Home Affordable Refinance Programs is designed to knowledge and guidance since you assist you to have a new, stable and will just put yourself in danger. Make affordable mortgage. sure that the money that you worked hard for do not go down the drain HARP is a government program which due to careless actions. is created for the citizens to help them to have a house of their own. The vision of this project is to aid HARP REFINANCE: homeowners who do not have the means to obtain a much lower rate The Help Some for their mortgage so that they will Homeowners Need be qualified for a financial support. This is an opportunity that should not According to some reports, be disregarded by people who greatly homeowners are struggling in need this kind of assistance. managing the acquisition of their homes. This can be a complex matter The program has many benefits that can be availed by those who will be if you do not have any idea on what The Mortgage Planners 10636 Scripps Summit Court | Suite 130 San Diego, CA 92131 Phone: 619.312.0612 Fax: 619.615.2055 qualified. It can lower down the costs before considering it. It is also of the loan making it more affordable important that you present a proof of for the clients as well as give security your capacity to pay like your income to the proprietors who are utilizing it. statements. This will aid the servicer It is flexible and considers some areas to determine if they will approve you such as the credit scores, the type of to acquire your dream home or not. property and a lot more. The client It is still wise to consult a mortgage does not have to worry about the broker who knows these kinds of process; there is a representative deals. They are more adept in the who will be assisting them until they real estate field and they can give you will be approved or not. sound advices which can help you when you make your decisions later There are also some private firms who offers financing for individuals on. who want to apply for a house. The process for the application is just Helpful pointers on easy; however, the responsibility that is attached to it can be difficult How to Choose a particularly if it is about the funding Mortgage Broker of it. It is no question that the government’s project is more A mortgage broker is an individual practical than any other programs. It who acts as a bridge between a client is more reliable and homeowners will and financing institutions who offer be assured that their concerns will be monetary assistance. They also act as an as a guide for men and women helped. who are interested in availing a loan. The HARP program only requires an Most of the time, these professionals application, refinance fees and an are found in working banks and investment agencies, but there are a agreement process. There are also couple of them who work as a free some firms who offers no insurance policy but you have to study it first lancer. The Mortgage Planners 10636 Scripps Summit Court | Suite 130 San Diego, CA 92131 Phone: 619.312.0612 Fax: 619.615.2055 The task in searching for a good people, you can also seek help from mortgage broker is considered to be lawyers. a complicated one due to the fact that there are so many of them in the 3. Ask some questions. market these days. On the other It is better to seek enlightenment on hand, there are a couple of things matters you do not know in people can do in order to make their comparison to pretending that you search a whole lot easier. Find below know everything. When choosing for are a couple of tips and pointers to an agent, imposing inquiries to them do this: is rather essential since it can help you decide whether the person is 1. Meet them in person. knowledgeable in his or her field of Keep in mind that these individuals, work. In order to be more prepared, unless you know them beforehand, it is going to be better to list down are practically strangers. Whether we the questions you might want to ask. like it or not, there are a number of persons who would often times act as 4. Experience matters. broker agents in order to get money When selecting a dealer, his or her from innocent people. In relation to experience should be one of the first this, it is going to be very wise to things to look into. The reason as to meet a prospective dealer face-to- why this is important is because you face so as to minimize the chances of are going to be able to determine his getting hoaxed. In addition to this, or her capacity to look for purchase you can easily ask for these loans that are most suitable for your individuals a proof that they are needs and limitations. indeed licensed to sell loans. 2. Get referrals from friends and family members. In order to avoid getting involved in a sham, it is going to be best to ask for advices first. And who could be the best persons to ask for some other than your close friends and members of the family. Apart from these The Mortgage Planners 10636 Scripps Summit Court | Suite 130 San Diego, CA 92131 Phone: 619.312.0612 Fax: 619.615.2055
Are you sure you want to buy this material for
You're already Subscribed!
Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'