2024 has been “interesting” to say the least in the world of real estate due to the following: Housing Inventory Interest Rates Recent Changes in Residential Real Estate – NAR Developments, Market Impact and Trends Changes in Commercial and Construction Financing Over the next 4 weeks I’ll send an article on each topic (above) as […]
“My husband and I had just had a baby and were in the middle of escrow with a large company recommended to first time homebuyers by the state of CA. Then the loan officer ghosted us after promising the Sun, Moon and the stars aka closing on time to appease the seller. After multiple messages […]
In recent news, Realtors are under attack, on who will pay their commissions and for how much will they receive, per this article published by CNN. If they are the listing agent of a property, the agreed commission is listed on this listing agreement and future purchase agreement with the seller but if the realtor […]
Over the last 30 years of doing business, many of my power partners that include Realtors, Financial Planners, Tax Planners and Divorce Attorney’s (& past clients) have said many nice things about how we run our business. This includes: Great follow-up Out of the box thinking Ownership of the loan from start to finish Great […]
Not All Preapprovals are Created Equal… Some lenders provide great rates but lack service. Some lenders provide great service but lack good rates. At 101 Loan, we Provide Both! In fact today our Jumbo 30 Year fixed is at 7.125% at 0 Points on Loans Over 750k in loan amount. (Assumes 25% down with a […]
So many renters and potential buyers think they need to have 20% down to qualify for a home purchase or a credit score of 740+ to buy! Below you will find 4 programs where 20% down is not required nor high credit scores… VA LOANS by the Veterans Administration: No Down Payment Required Competitive Interest […]
In 2022, real estate hit an all time high in terms of prices at which time I personally decided to sell my home as I thought real estate would be taking a nose dive due to rising interest rates. Part of decision was taking advantage of the strong real estate market but also the fact […]
Below is a comprehensive list of what we do and how we differentiate ourselves from other banks, broker’s and credit unions…Any questions, please contact us. Residential Financing for Purchases and Refinances on 1 to 4 unit properties: First Time Buyer Programs that include CalHFA (0 Down Program when Available https://101loan.com/blog/calhfa-financing-zero-down-financing/), Home One (3% down (no […]
The following is a list of seminars we teach to Consumers and Business Professionals that include Realtors, Financial Planners, Tax Planners and Estate Planners… If your interested in any of these, please let us know. Seminars for Consumers… The Path to Successful Home Ownership (Great for 1st Time Home Buyers) Creating Passive Income Through Investment […]
I have been practicing residential financing for over 30 years and commercial financing for over 20 years and have provided commercial financing on Multifamily (Apartments), Office, Retail, Medical (Dental and Doctor Offices) and Light Industrial properties (data storage units and auto dealerships). During that time, I have witnessed that residential interest rates were always lower […]
