Here is the “Living with Fire in Sonoma County” booklet. I reccomend it highly. CLick on the link below and download the copy and read and IMPLEMENT the advice on your rural property: http://www.firesafesonoma.org/pdf/living_with_fire_2005.pdf
I thought Eric Hoffman of Cal-Fire (707-576-2285)was a great interview on Sunday’s show. He thoroughly covered the hazards we all face by living in a primarily “Rural” county like Sonoma. I visited the www.firesafesonoma.org site and it has a terrific pamphlet on fire control which you can download in pdf format. I reccomend it highly! I’m printing out copies and mailing to many clients who have purchased country property. Another web site is: www.fire.ca.gov which will give you more information for making your property “fire-safe”. The realities of a firefight dictate cruel rules. if your property has not been cleared and provides many “ladders” to fuel, the fire boys will make a hard decision to let your home go and save the others. So be fire safe and check these sites out. Here’s some quick information from their site: Read the rest of this entry »
Rates as of 4/27/07
Conforming fully amortized interest only
30 year fixed 6.25 % 6.375%
3/1 ARM 6.00% 6.25%
5/1 ARM 6.00% 6.25%
7/1 ARM 6.125% 6.375%
10/1 ARM 6.125% 6.375%
Fully amortized interest only
JUMBO – up to $650,000; add .25 point for loans up to $1mil
30 year fixed 6.5% 6.75%
3/1 ARM 6.375% 6.375%
5/1 ARM 6.375% 6.375%
7/1 ARM 6.375% 6.375%
10/1 ARM 6.50% 6.50%
100% financing: Mortgage Insurance may also be an option – here are some possibilities without MI.
30 year fixed – 80/20 - Conforming loan amount on the first 6.50% 1st / 9.875% 2nd – assumes 680 credit score and full document loan for 2nd pricing – better score, better pricing on the 2nd
30 year fixed – 75/25 – Conforming loan amount on the first 6.25% 1st / 9.875% 2nd – assumes 680 credit score and full document loan for 2nd pricing – better score, better pricing on the 2nd
Call for information on Blended rate 100% options with No MI.
Other loan options… I can provide additional loan options, including Option ARMS, the Flexible Hybrid ARMS, Commercial loans, Home Ownership Accelerator Program, Construction Loans and much more!
Here’s the fine print:
Conforming limit is $417,000.00. Rates assume impound account set up and except for 100% financing, assumes loan to value (LTV) no more than 80%. Funds to be used for purchase. Cash out refinances may incur higher rates. Rates quoted with a 30 day lock. Subject to qualifying borrowers and properties. Rates quoted for fully documented loans. Rates are as of 4/20/07 and are subject to change. Rates are quoted WITHOUT points. Borrowers may buy down the rate. Each application is evaluated on an individual basis. There may be better suited programs for borrowers the may offer better rates/terms as well as options for non-qualifying borrowers.
Alicia Hodenfield
Investors Trust Mortgage
Direct line (707) 284-2718
Cell (707) 483-6299
Fax (707) 573-8109
1105 N. Dutton Avenue Suite 200 Santa Rosa, CA 95401
Licensed by California DRE #01104067/Salesperson License #01501465
“We must learn to live together as brothers or perish as fools.” — Martin Luther King, Jr.
Oh by the way, if you know of someone thinking of purchasing or refinancing a home, who would appreciate the kind of service I offer, I’d love to help them. As these people come to mind, just give me a call with their name and number. I will be happy to follow up and tend to their real estate financing needs.
Rates as of 4/20/07
Conforming fully amortized interest only
30 year fixed 6.25 % 6.375%
3/1 ARM 6.00% 6.25%
5/1 ARM 6.125% 6.25%
7/1 ARM 6.00% 6.375%
10/1 ARM 6.125% 6.375%
fully amortized interest only
JUMBO – up to $650,000; add .25 point for loans up to $1mil
30 year fixed 6.5% 6.75%
3/1 ARM 6.375% 6.375%
5/1 ARM 6.375% 6.375%
7/1 ARM 6.375% 6.375%
10/1 ARM 6.50% 6.50%
100% financing: Mortgage Insurance may also be an option – here are some possibilities without MI.
30 year fixed – 80/20 - Conforming loan amount on the first 6.50% 1st / 9.875% 2nd – assumes 680 credit score and full document loan for 2nd pricing – better score, better pricing on the 2nd
30 year fixed – 75/25 – Conforming loan amount on the first 6.25% 1st / 9.875% 2nd – assumes 680 credit score and full document loan for 2nd pricing – better score, better pricing on the 2nd
Call for information on Blended rate 100% options with No MI.
Other loan options… I can provide additional loan options, including Option ARMS, the Flexible Hybrid ARMS, Commercial loans, Home Ownership Accelerator Program, Construction Loans and much more!
Here’s the fine print:
Conforming limit is $417,000.00. Rates assume impound account set up and except for 100% financing, assumes loan to value (LTV) no more than 80%. Funds to be used for purchase. Cash out refinances may incur higher rates. Rates quoted with a 30 day lock. Subject to qualifying borrowers and properties. Rates quoted for fully documented loans. Rates are as of 4/20/07 and are subject to change. Rates are quoted WITHOUT points. Borrowers may buy down the rate. Each application is evaluated on an individual basis. There may be better suited programs for borrowers the may offer better rates/terms as well as options for non-qualifying borrowers.
Alicia Hodenfield
Investors Trust Mortgage
(707) 284-2718 direct line
alicia@investorstrust.com
www.aliciahodenfield.com
Listeners,
Hope you all enjoyed the talk Jeremy gave us on the show today (April 15th). We could have gone for another hour easily as the real estate transaction is a complex one indeed. But here is Jeremy’s contact information if you have any questions for him directly. And thanks for listening!!
Jeremy L. Olsan
Anderson, Zeigler, Disharoon,Gallagher & Gray
P.O. Box 1498
Santa Rosa, CA 95402-1498
Tel: (707) 545-4910
Rates as of 4/13/07
Today we received some good news on inflation – the Producer Price Index (PPI) Report, which measures wholesale or producer inflation, reported Core PPI as unchanged for the month of March which was less than expectations of a .2% increase. Read the rest of this entry »
We are very pleased to have the North Bay Association of Realtors legal counsel on the show. Jeremy Olsan will bring us up to date on disclosure issues and the sticky issue of marketing a property in the foreclosure process Subject covered will be: Why agents don’t give specific advise as to local advisory issues,understanding our Sonoma County local advisory disclosure and other questions which apply to buyers in Sonoma County. Also we’ll cover seller disclosure obligations, easements, and etc. etc. Tune us in this Sunday, 9 to 10am. with special guest: Jeremy L. Olsan of the Law Firm of: Anderson, Zeigler, Disharoon,Gallagher & GrayJeremy L. Olsan of the Law Firm of: Anderson, Zeigler, Disharoon,Gallagher & Gray
Jeremy L. Olsan of the Law Firm of: Anderson, Zeigler, Disharoon,Gallagher & Gray
The March Jobs Report came in today and exceeded expectations! This has had a negative impact on the bond market, and rates have risen. The bond market closed early today for Good Friday. We’ll be watching the Fed’s reaction to this news as well as the Hourly Earnings report which matched estimates, but wages are about 4% higher than about a year ago which may provide concern about wage-based inflation. The Fed’s primary concern is keeping inflation in check. Reports providing any indication that inflation could be a concern will impact the Fed’s decision to keep the rate they charge banks for overnight loans where it is or possibly increase this rate.
Conforming fully amortized interest only
30 year fixed 6.25 % 6.375%
3/1 ARM 6.25% 6.50%
5/1 ARM 6.25% 6.50%
7/1 ARM 6.25% 6.625%
10/1 ARM 6.375% 6.625%
fully amortized interest only
JUMBO – up to $650,000; add .25 point for loans up to $1mil
30 year fixed 6.5% 6.625%
3/1 ARM 6.375% 6.375%
5/1 ARM 6.375% 6.375%
7/1 ARM 6.50% 6.50%
10/1 ARM 6.625% 6.625%
100% financing: Mortgage Insurance may also be an option – here are some possibilities without MI.
30 year fixed – 80/20 - Conforming loan amount on the first 6.50% 1st / 10% 2nd – assumes 680 credit score and full document loan for 2nd pricing – better score, better pricing on the 2nd; lower score worse pricing
30 year fixed – 75/25 – Conforming loan amount on the first 6.375% 1st / 10% 2nd – assumes 680 credit score and full document loan for 2nd pricing – better score, better pricing on the 2nd; lower score worse pricing
Call for information on Blended rate 100% options with No MI.
Here’s the fine print:
Conforming limit is $417,000.00. Rates assume impound account set up and except for 100% financing, assumes loan to value (LTV) no more than 80%. Funds to be used for purchase. Cash out refinances may incur higher rates. Rats quoted with a 30 day lock. Subject to qualifying borrowers and properties. Rates quoted for fully documented loans. Rates are as of 4/6/07 and are subject to change. Rates are quoted WITHOUT points. Borrowers may buy down the rate. Each application is evaluated on an individual basis. There may be better suited programs for borrowers the may offer better rates/terms as well as options for non-qualifying borrowers.
Alicia Hodenfield
Investors Trust Mortgage
Direct line (707) 284-2718
Cell (707) 483-6299
Fax (707) 573-8109
,
“We must learn to live together as brothers or perish as fools.” — Martin Luther King, Jr.
Oh by the way, if you know of someone thinking of purchasing or refinancing a home, who would appreciate the kind of service I offer, I’d love to help them. As these people come to mind, just give me a call with their name and number. I will be happy to follow up and tend to their real estate financing needs
If you’re listening anywhere in the nation call 877-636-1350—We want to hear from you!”
