Credit and Debt Bootcamp in 4 Weeks- Limited Space
Carlos Samaniego presents his 4 hour Credit and Debt Boot-Camp for the first time in the Inland Empire! Finally The Truth Will Be Told! Credit and Debt Boot Camp
Tight Mortgage Standards Making it harder to get loans!
This morning I was preparing for my next “Credit/1st Time Home Buyer Worksho” at the City of Ontario on Thursday, I came upon this great article in the New York Times about what I have been experiencing for last 6 months. Banks are just making it harder and harder to qualify for loan, even with…
New Credit & Home Buying Workshops Coming Up!
It looks like the Workshops we have been conducting are a huge success, we are now doing workshops in Both the City of Fontana and City of Ontario. I have posted new workshops dates coming up below: City of Ontario Workshops All workshops held at the De Anza Community Center 1405 S. Fern Ave. Phone…
Free 72 Hour Emeregency Pack Giveaway!
As many of you know I have been training with CERT (Civilian Emergency Response Team). One of the most important thing any family can do is have a 72 hour emergency pack ready in case of any disaster, emergency, anything. Locally, we all know that we can have an earthquake at any given time! Sometimes,…
Don't Touch That Dial!
“DON’T TOUCH THAT DIAL.”That familiar broadcasting statement certainly applied to the markets last week, as the volatility continued and the markets changed direction quickly. Take a look at the chart below, which shows how home loan rates have climbed dramatically over the last several weeks. In fact, home loan rates are at their highest levels…
Want To Know Why Mortgage Rates Are Up Over 1.125 Percent In 10 Days?
That is right! Interest Rates have jumped over 1.122% in last 10 days! Do you want to know why? Well my good friend, John Yang posted the article below this morning on facebook, and I thought I love to share it with you! Great Job, John! -Carlos (909)512-6418 ——————————————– Since Memorial Day, conforming mortgage rates…
FHA Allowance of Tax Credit
This update from Mortgagee Letter 2009-15 establishes guidelines for use of the first-time home buyer tax credit as settlement funds.Here are the 10 things you need to know about these guides: 1.The IRS tax credit refund can be made only to the taxpayer and not a third party.2. Government agencies may offer tax credit advances…
FHA Reveals New Program To Program To Help New Homowers Purchase Homes
Okay, Okay…. stop the phones! We’ve been receiving calls all day about the “announced” monitization of the $8000 first-time homebuyer tax credit. “Where’s the ML?” Well, there ISN’T one yet… HUD Secretary Donovan appeared at a NAR function earlier today, and this is an exact excerpt of his remarks: “We all want to enable FHA…
Credit Card Limit Reductions Impact 16% of the Population According to FICO
Great Article, by one of my favorite websit Credit.com A new FICO report on credit data from the second half of 2008, revealed that 16% of the US population had some reduction in their credit card limits. A majority of these consumers didn't have any late payments, collection accounts or other negative records to trigger…
Time for you to get an FHA Loan!
There could be no better time than now to by your first home in Southern California, especially in the InlandEmpire region. Prices have dropped in some places in excess of 40%, interest rates are hovering around in the low 5% and FHA loans are your best bet if you have some credit challenges.Read this article…