February 5, 2012

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Home Sales Surge in Pleasant Hill California While Surrounding Cities Stay Flat

January 3, 2012 By Leave a Comment

Posted by Jason Wheeler | Fully Follow Me | Subscribe

Home sales in Pleasant Hill California have had quite a surge in the last month and reach their highest point in the last year. Do you think this trend will continue? Surrounding cities that share a border with Pleasant Hill CA such as Lafayette, Concord, Walnut Creek and Martinez have yet to see surges like this…

What is it that is setting a city like Pleasant Hill California apart from it’s neighboring cities? What is keeping YOU from getting pre approved for a mortgage loan and contacting your local Realtor? In most cases you can save money compared to what you are paying in rents!

As a long time resident, business owner and your Mortgage Lending Expert I want to know one thing… What is it that is keeping you from buying your piece of real estate in today’s market. Leave me your comment at the bottom of this blog post.

 

Some of the Loan Options we Specialize in Are

Call or Email Us now for a Quick Approval and Personalized Quote 925-285-2172

 

 

Filed Under: Articles, Business Tips, Mortgage Tips, Real Estate Investing Tips

VA Loans from the Veteran Administation – 100% Financing Available for Veterans

March 2, 2011 By 3 Comments

 

Posted by Jason Wheeler | Fully Follow Me | Read More

The Veterans Administration loan program enables veterans and active duty personnel to purchase or refinance a home with favorable loan terms including 100% financing!.

FEATURES AND BENEFITS

  • 15- or 30-year fixed-rate mortgage.
  • 100% Financing Available
  • 3- or 5-year adjustable-rate mortgage.
  • No down payment per VA county limit.
  • Seller assistance may be possible.
  • Loan amount up to $729,000 to 750,000.
  • Low minimum credit score.
  • 95% cash-out refinances available ELIGIBLE PROPERTY
  • 1- to 4-unit property.
  • PUDs.
  • Condominiums.
  • Manufactured homes (refinances of currently serviced loans only).

Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply. VA=Veterans Administration. 0211

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Filed Under: Front Page, Mortgage Tips, Real Estate Investing Tips, Recommendations

High Balance Jumbo Mortgage Loans in California and San Francisco Bay Area only 20% Down Payment for Purchases!

December 20, 2010 By 1 Comment

Posted by Jason Wheeler | Fully Follow Me | Read More

When you are looking for a Jumbo High Balance Loan in California or in the Bay Area in general it can be difficult to secure financing for a high end 2nd home or an investment property with a 20% down payment.

Most Jumbo High Balance Lenders will only let you finance 70% of the purchase price. We are proud to offer some of the most competitive rates on loans from $729,000 up to 2 Million Dollars. Our Loan Process is pretty easy and we can close quickly.

Here are just a few of the things we can do with 2nd homes and Investment properties most retail lenders like Citibank Bank of America and Wells Fargo can’t touch! To top it off we guarantee to beat their pricing! Get in touch and ask us about our pricing guarantees and 30 day close guarantees on purchases.

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  • Loans on 2nd Homes and Investment Properties up to 75% or 80% Loan to Value (LTV)
  • Jumbo Loans on 1 Unit to 4 Unit Investment Properties
  • Interest Only programs available
  • 40 Year Amortization for lower loan payments

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Call or Email Us now for a Quick Approval and Personalized Quote 925-285-2172

Investor relationships are key when you are referring to getting a loan. Especially if you are applying for a Jumbo Loan

amount above $700,000. In today’s volatile lending environment it has become more and more difficult to secure financing



 

especially for large loans and high end properties. We are very proud to announce that we have the ability to fund Jumbo Loans above $5,000,000 in many cases.

Below you will find over 10 reasons you should contact us for all your large jumbo loan needs as well as conventional lending and transactional funding.

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  1. Portfolio Lender – Private investors not Fannie Mae and Freddie Mac
  2. Loan Amounts to $500,000 (May go higher – case by case basis)
  3. LTV’s to 80% for Purchase & Rate and Term
  4. Cash-out to 65% LTV / 70% CLTV
  5. Condo’s to 60% LTV, to 70% on select Condo Projects
  6. Second Homes and 2-4 Units to 70% LTV
  7. Non-Owners – Investment Property to 50% LTV to $1,000,000
  8. Pledged Asset Portfolio Loan Program
  9. Vesting Title in Entities Program, LLC’s, Trusts,
  10. Partnerships and Sub-S Corp
  11. Local Manual Underwrite to every file

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We Have the Tools To Unlock The Money Leverage you Need!

SF Gate Says jumbo mortgages are hard to get but DON’T worry about it. We can do your loan! One of the Bay Areas biggest Real Estate Sites Redfin will tell you that these loans are tough to come by too! The fact is you need banking relationships like ours!

If you are a Real Estate Agent and you are looking to break into the high end market place in the Contra Costa East Bay Area you must have a reliable source for funding your high end Jumbo deals. Many lenders cannot deliver on this type of loans in the current market place but we have the expertise and the relationships needed in order to fund these deals for you high end buyers.

The Mortgage Process is not always easy and Rates Change on a daily basis, however if you want the best chance to get you Jumbo Loan funded let us know and we will help you with your loan scenario!

Testimonials and Reviews for Jason Wheeler

 

Filed Under: Mortgage Tips, Real Estate Investing Tips, Uncategorized

Getting a Jumbo Loan in California Above $700,000 – High Balance Loans up to 5 Million – 10 Reasons to Apply With Us!

November 23, 2010 By 5 Comments

Posted by Jason Wheeler | Fully Follow Me | Read More

Investor relationships are key when you are referring to getting a loan. Especially if you are applying for a Jumbo Loan amount above $700,000. In today’s volatile lending environment it has become more and more difficult to secure financing especially for large loans and high end properties. We are very proud to announce that we have the ability to fund Jumbo Loans above $5,000,000 in many cases.

Below you will find over 10 reasons you should contact us for all your large jumbo loan needs as well as conventional lending and transactional funding.

===================================

  1. Portfolio Lender – Private investors not Fannie Mae and Freddie Mac
  2. Loan Amounts to $5,000,000 (May go higher – case by case basis)
  3. LTV’s to 80% for Purchase & Rate and Term
  4. Cash-out to 65% LTV / 70% CLTV
  5. Condo’s to 60% LTV, to 70% on select Condo Projects
  6. Second Homes and 2-4 Units to 70% LTV
  7. Non-Owners – Investment Property to 50% LTV to $1,000,000
  8. Pledged Asset Portfolio Loan Program
  9. Vesting Title in Entities Program, LLC’s, Trusts,
  10. Partnerships and Sub-S Corp
  11. Local Manual Underwrite to every file

==============================================

If you are a Real Estate Agent and you are looking to break into the high end market place in the Contra Costa East Bay Area you must have a reliable source for funding your high end Jumbo deals. Many lenders cannot deliver on this type of loans in the current market place but we have the expertise and the relationships needed in order to fund these deals for you high end buyers.

The Mortgage Process is not always easy and Rates Change on a daily basis, however if you want the best chance to get you Jumbo Loan funded let us know and we will help you with your loan scenario!

Testimonials and Reviews for Jason Wheeler

Call or Email Us now for a Quick Approval and Personalized Quote 925-285-2172

Until Next time Here is to your success! Jason Wheeler

Filed Under: Mortgage Tips, Real Estate Investing Tips

Getting the Best Mortgage Rate In California Bay Area Working with a Broker or Banker

October 2, 2010 By 2 Comments

Article by Jason Wheeler | New here? Subscribe to our feed | 925-285-2172

There are many ways to get out there and obtain the best rate on a mortgage loan. According to Michele Lerner at the San Francisco Chronicle

While house hunting can sometimes be fun, home loan shopping is rarely a pleasurable activity, particularly in these days of tightened credit standards. However, if you ask a home buyer who has successfully snagged a mortgage loan with a low interest rate and low fees, they will express a moment of triumph that makes loan shopping seem like it could be less of a chore.

(Check out 10 Essential Tips to Buying Real Estate in the Bay Area)


 
 

Being a Broker myself with a reputable company like Clarion Mortgage Capital I am partial and truly believe that a good Broker will usually have your best interests at heart and be able answer all your questions and offer you the best loan options available on the market. A good broker can often meet your needs and shop several banks and lenders while a direct bank like Wells Fargo or Chase is limited to the spectrum of their own products and underwriting guidelines. A good broker will also stick with you if you have Credit Repair Issues and offer advice as to what you would need to do in order to qualify if you currently are not.

Advantages of a Mortgage Broker
The biggest advantage of working with a mortgage broker is that you can save time and effort. A good broker will research loans from a variety of financial institutions and recommend one or two loans that are a good fit for your needs. The broker will function as a middleman between you and the lender, funneling the appropriate paperwork to the lender. Rather than spending days comparing loan rates and fees from one lender to the next, you can turn over that job to a professional. Chances are also high that a broker will have access to a greater variety of loan programs than a banker.

With rates continuing to drop and the forecast for home values to continue declining as well there has been no better time for you to take advantage of rates that are super low and lock in a great 30 Year Fixed with one of our preferred lender relationships.

Mortgage rates in California have never been lower and if you can lower your finance costs without paying a lot of fees with a no closing cost mortgage loan the process is a no brainier. Right now coming out the the Summer of 2010 we have more refinance business than we’ve had since 2003. Only now instead of everyone taking cash out of their home they are looking to secure low financing that they can count on for the life of the loan.

Take a look at some of the Low Rates right now on California Mortgage Loans Here

Until Next time Here is to your success! Jason Wheeler 925-285-2172 |

Filed Under: Local Real Estate News, Mortgage Tips, Real Estate Investing Tips

Commercial Mortgages | Apartment Financing | Construction Lending in Contra Costa SF Bay Area

September 4, 2010 By 6 Comments

Article by Jason Wheeler | Read our Feed | 925-285-2172

Do you invest in apartment buildings or are you buying a Commercial office building in the Contra Costa Bay Area in California?

Are you in need of a construction loan to fund your real estate project? Even in today’s volatile lending environment we have the resources to help you get your commercial financing in the Bay Area. We offer various loan programs and terms such as.

Loan Programs that we offer:

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  • Purchase
  • Refinance
  • Fixed Rate Loans
  • Adjustable Rate Loans
  • Construction Loans
  • Private Money Loans
  • Land Loans
  • Equity Capital for your Real Estate Projects also available

These are only a sample of the loan programs we offer.  For questions on these or any other program not listed, please give us a call.


 
 

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  • Commercial Loan Checklist   (Note below list is for a full doc loan for a Stated loan exclude tax returns) 

    • Summary Letter to include (loan request,interest rate request,term etc.)
    • Rent Roll
    • Financial Statement or 1003 Loan Application
    • Last 2 year Tax Returns (Business & Personal)
    • Property Description (size,location,age,# of units etc.)
    • 2 Year Income & Expense Statement
    • Photo’s of property
    • Purchase Contract (if a purchase)
    • Credit Report
    • Copy of Partnership Agreement (if a partnership)
    • Construction Cost Beak Down (if a construction loan)
    • Current Profit & Loss (if self employed)
    • Escrow Instructions & Preliminary Title Report (if available)

    Construction Loan Checklist

    Thank you for your interest in Capital Equity Inc. Construction Loan Program. In order to consider a Construction Loan we will need the following from you:

    • 1003 Loan Application
    • Personal Financial Statement
    • Entity Documents (LLC, Corp etc.)
    • Two years Federal Income Tax Returns
    • Copy of three most recent Bank Statement
    • Escrow Instructions(if applicable)
    • Title Insurance Policy (if available)
    • Copy of Land Acquisition Settlement Statement (if available)
    • Copy of the monthly Mortgage Statement
    • Copy of Soils Report
    • Environmental Questionnaire & Disclosure Statement
    • Copy of the Building Plans
    • Copy of the Construction Cost Breakdown
    • Copy of Construction Contract
    • Copy of Contractor’s Resume & Qualification

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If you need help with your commercial loan of if you would like to get a free rate quote don’t hesitate to contact us or call us so that we can explore your best options. Interest rates change daily and can be effected by your property or your situation so call us today with your scenario.

Until Next time Here is to your success! Jason Wheeler 925-285-2172 |


 

Filed Under: Mortgage Tips, Real Estate Investing Tips Tagged With: , , , ,

Five Reasons To Join Us at Our East Bay Real Estate Seminar Event

June 22, 2010 By 9 Comments

money houseMany people would love to start building wealth in real estate but they lack the money, the time, the education and the guidance to get started. Of all the obstacles that keeps people from building wealth in real estate the biggest challenge is the MONEY.

If there was a way that provided the MONEY you need to invest in REAL ESTATE and provided you with the EDUCATION to implement some income producing real estate strategies, would you want to know about it?

Join us for a FREE workshop and learn about a community that provides you with the Money , Education and Support to start & accelerate a lucrative real estate investing  business and successfully build wealth today.

Here are FIVE very powerful reasons you’ll want to Join Us:

  1. Increase your sales production and earn 2x the money for ½ the work
  2. Work with real estate investors in the foreclosure, short sales, REO’s and auction properties
  3. Become an investor and make profits in addition to your commission
  4. Access funding for up to $1.0M to fund your own transaction or investments
  5. Turbo-Charge your real estate sales career by helping people buy their homes with Bad Credit (BK, foreclosures, No Credit, etc.).

And so much more!!!

If you are seriously looking for a way to improve your finances and create wealth in real estate then join us at the Real Estate and  Business Income workshop!

30 Seats Available! Register Now!

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Filed Under: Events, Real Estate Investing Tips, Uncategorized

Current Mortgage Rates | Loan Pricing in Contra Costa Real Estate Mortgages

May 20, 2010 By Leave a Comment

Come To An Event | 925-285-2172

Bank rates change daily and sometimes multiple times daily. See below for most up to date data on mortgage trends. If you would like pin point pricing you should email or call us anytime.


Powered by CA Mortgage Rates

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Until Next time Here is to your success! Jason Wheeler 925-285-2172


 
 

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Filed Under: Mortgage Tips, Real Estate Investing Tips

You Can Save Your Home | Cash Offers on Short Sales and Foreclosures in California East Bay Area

May 5, 2010 By 1 Comment

Come To An Event | 925-285-2172

Do You Need a Cash Offer With a 15 Day Close on a Property in The CA Bay Area?

Email Us For a Cash OfferWe are extremely happy to let you know that we have aligned ourselves with partners and Investors that are willing to buy your home as it is for cash without using a bank. If you are serious and would like us to look at your property and make a quick offer in order save your home or avoid foreclosure then just.

Contact Us Here You can let us know the details of your situation or we can contact you for a consultation.

Avoid a Foreclosure and Keep Your Home- we can save your home and give you a two year lease back in many cases with an option to buy it at the end of the term.

There are more sources than you might think to purchase property and fix it without using a traditional conventional mortgage or a government mortgage. If you would like to learn about these recourses just subscribe to our news letter on the top right of this page or Contact Us and ask about buying property without a mortgage and without your own money. We don’t look at your credit and we will qualify you as long as you can show you can afford the payments we’ve worked out. You can also pick up a great book to get started by Mike Watson on how to Buy Without the Bank to the right

If you are serious about buying a home and you area tired of trying to fit into the Mortgage Lenders teeny tiny box you need to learn about this program as soon as possible. You can register for an event or just give us a call. We would be happy to chat with you and pre qualify you for this unique program right here in Contra Costa County East Bay Area.

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Filed Under: Real Estate Investing Tips

Banks Listing Fewer Foreclosures | Buying Real Estate Without a Mortgage in California Bay Area

May 4, 2010 By 9 Comments

Posted by Jason Wheeler | Subscribe

Fewer Foreclosures on the Market | Banks are Holding Real Estate Learn to be a Cash Buyer

I talk to Realtor’s and Real Estate Investors everyday throughout the SF Bay Area. Many believe that there are more foreclosures being held by banks than there actually are right now. You might be surprised that the banks on a nationwide level are not holding as many foreclosed homes as originally thought. In many cases they Foreclosuresarea simply letting people live in these homes for free without paying a mortgage.

I personally know several families and individuals that have been living without foreclosure proceedings and without paying their mortgage for 6 months, one year and even up to two and half years in Pleasant Hill California, and all over the Bay Area. However there will be another major wave coming throughout the next two years. The next foreclosure wave is inevitable. The real question is are you going to capitalize as a cash buyer or are you going to be stuck like millions of other Americans that don’t fit into the banking mortgage box?

The Wallstreet Journal Says

Banks have fewer foreclosed homes to sell than previously believed, but those holdings are likely to grow gradually over the next couple of years, a new study by Barclays Capital says.

The investment bank’s latest calculations support the view that the U.S. housing market is stabilizing but that a major recovery isn’t imminent and there are still risks of falling prices.

Barclays estimates banks and mortgage investors including Fannie Mae and Freddie Mac owned 480,000 homes at the end of February. Barclays has acquired more data on mortgages and refined its methods for analyzing foreclosure trends. Under the bank’s previous methods, the estimate for February would have been more than 600,000.

Barclays expects the inventory generally to rise over the next 20 months, peaking at 536,000 in January 2012, and then decline gradually.

Is There Still Time to Capitalize on Real Estate Investment Opportunities?

Absolutely! If there is any truth to the Wall Street Journal there will be more millionaires made in real estate investing right here in the Contra Costa Bay Area than ever before in the next two years. If you would like to learn how to get started and learn how you can buy property without qualifying for a traditional mortgage let us know. We have aligned ourselves with a source that let’s us buy property without the mortgage hassle! You can come to an educational networking event or attend a webcast. Just let us know if you would like to attend an educational networking event to learn.

What Do I Do to Become a Cash Buyer and Avoid the Mortgage Process?

There are more sources than you might think to purchase property and fix it without using a traditional conventional mortgage or a government mortgage. If you would like to learn about these recourses just subscribe to our news letter on the top right of this page or Contact Us and ask about buying property without a mortgage and without your own money. We don’t look at your credit and we will qualify you as long as you can show you can afford the payments we’ve worked out. You can also pick up a great book to get started by Mike Watson on how to Buy Without the Bank to the right

If you are serious about buying a home and you area tired of trying to fit into the Mortgage Lenders teeny tiny box you need to learn about this program as soon as possible. You can register for an event or just give us a call. We would be happy to chat with you and pre qualify you for this unique program right here in Contra Costa County East Bay Area.

Connect Online | Facebook | Twitter

Until Next time Here is to your success! Jason Wheeler

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Filed Under: Articles, Features, Local Real Estate News, Real Estate Investing Tips Tagged With: , , , , ,

Bay Area Real Estate Financing Updates 4/9/2010 | FHA Fees Go from 1.75% to 2.25%

April 9, 2010 By 1 Comment

Hope you had a wonderful Easter Weekend and Spring Break! If you got to get away or spend some extra time with you family this week well that is what life is really all about. I am still hoping to sneak up to the snow once more before it all melts and the runs close for the year.

This week I wanted to pass along a couple of relevant articles that I hoped you would find to be valuable. Also if you would like to attend one of our events please don’t hesitate to ask me about them. They are great for networking and learning and they are FREE too!

Real Estate Investor Events This Week!

Investor Forums Networking and Education in Bay Area CA RSVP Here!

This is your opportunity to learn from pros that are making local deals. If you would like to get started and work with a team of professional real estate investors you absolutely deserve to receive the information that we will be sharing this evening!

If you would like to network and learn with people who are truly creating success with Real Estate Investing in today’s market you don’t want to miss this.

Relevant Articles

Details on the CA Real Estate Tax Credit were released on April 7th and you can get all the official details right here!

The rate that the government charges to insure FHA loans wend from 1.75% of the loan amount to 2.25% last week. That makes if much more expensive to get one of these loans. More Info Here!

Effective for FHA loans for which the case number is assigned on or after April 5, 2010, FHA will collect an upfront mortgage insurance premium of 2.25 percent up from the current 1.75 percent.

Financing Trends

Here we are wrapping up Friday 4/9/2010. Mortgage rates are still extremely low. Some of the niche programs for first time buyers and tax credits are still available.

You can look at weekly rate trends Here

If you have financing questions, or want to learn more about what we are doing as Real Estate Investors? Or if you are looking for new income or lending sources… Don’t hesitate to get in touch with me anytime! Right now we have access to over 300 non traditional lenders looking to give you money for your real estate deal.

Until Next time Here is to your success! Jason Wheeler 925-285-2172

Filed Under: Mortgage Tips, Real Estate Investing Tips Tagged With: , , , , ,

Weekend Wrap Up 4/2/2010 | First Quarter Down What is Your Markeing Plan?

April 2, 2010 By Leave a Comment



 

Come to an Event | Subscribe RSS Feed 925-285-2172



"The Weekend Wrap Up"

Presented by Jason Wheeler

Can you believe that we have reached the end of the 1st quarter of 2010 already!? During this time it is great to reflect and see how your current marketing strategy is working for your business. Personally I made some big changes for my business in the new year and I have been having some truly phenominal results. No matter what your business is you NEED a marketing plan.

Here are are a few tips that myself and some partners are having some great success with!

  1. Tighten your target market. Smaller, highly targeted marketing options are far cheaper – and often more effective – than tactics that reach a larger audience.  For example, instead of direct mailing to an entire state of note holders or potential buyers and sellers off of a quality list, maybe direct mail to only note holders in that state with notes under $100,000, that are seasoned less than six months on residential property only.  Or if you are using classified ads, instead of placing your ads in a large regional paper, maybe place them in smaller local papers in outlying rural areas around major cities.
  2. Ask for ‘remnant space’.  If you are advertising, whether it is print, TV or radio, every media outlet has unsold space they sometimes sell to smaller advertisers at a fraction of the regular price.  A company that I know got a nationwide remnant ads on CNN for only $500!  In this economic environment, ask for details!
  3. E-mail Newsletters.  Web-based services with pre-formatted templates that maintain your list and do all of the technical work for you (except for the writing) are a cheap, easy way to regularly remind note holders, referral sources and potential clients of your value and services.

What is Your Marketing Plan?

If your marketing plan is not getting the results you were planning or if you are just spending more money on your marketing plan than you really would like to you may want to make a change! Have you ever heard the story "Who Moved My Cheese"? If not you should watch this quick video.

If what you are doing is not yeilding results than now is the time to change. Since 2003 you know I have been helping people with Mortgages and I’ve also found some success in Real Estate Investing. However I’ve recently discoverd I have a a passion for Marketing and helping other grow thier business. This lead me to develop and launch my new business Sky High Media in partnership with several affiliates we guarentee results for the best price or you don’t pay.

Financing Trends

Here we are wrapping up Friday 4/2/2010. Mortgage rates are still extremely low. Some of the niche programs for first time buyers and tax credits are still available.

You can look at weekly rate trends Here | Popular Funding Programs

If you have financing questions, or want to learn more about what we are doing as Real Estate Investors? Or if you are looking for new income or lending sources… Don’t hesitate to get in touch with me anytime! Right now we have access to over 300 non traditional lenders looking to give you money for your real estate deal.

Real Estate Investor Events This Week!

Investor Forum in Bay Area CA RSVP Here!

This is your opportunity to learn from pros that are making local deals. If you would like to get started and work with a team of professional real estate investors you absolutely deserve to receive the information that we will be sharing this evening!

If you would like to network and learn with people who are truly creating success with Real Estate Investing in today’s market you don’t want to miss this.

Connect with Jason Online!

Facebook | Twitter | LinkedIn

Until Next time Here is to your success! Jason Wheeler 925-285-2172

Filed Under: Real Estate Investing Tips, Social Media, Uncategorized Tagged With: , , , , , ,
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