Los Angeles Times | Mortgage Funds Available | Los Angeles Real Estate Talk

Money is available!!!

October 27th, 2008 Categories: Real Estate News

Dollar Sign There’s still plenty of mortgage funds available. Kenneth Harney provides all the details in this Los Angeles Times article.

If you have further questions after reading this article, feel free to contact me at 310-285-7515 or email me.

[…] Original post by LARET | Los Angeles Real Estate Talk | Beverly Hills Luxury Homes […]

Pingback by Money is available!!! · Real-Estate.ExplainedOnline.Net — October 27, 2008 #
This is very important news! Yes, there are loans being made and mostly by Citi Bank, Chase, Bank of America and locally, here in Pasadena, CA by Wells Fargo. I spoke to the #1 Loan Officer at Wells Fargo and he said he denied a loan to just 1 person since April of this year. Considering his volume, which is rather high being that he is the most respected loan officer here in Pasadena, that is very good odds!! There is plenty of money available for people who can come up with the down payment and show they have the ability to repay their loan. There are also different loan packages that can accommodate those who need a little extra help because of personal circumstances such as self-employment. Loan packages include wrap around loans, seller carry-back loans, ect.

This is a great time to buy! Take a moment and talk to your realtor about what they can do for you to help you get into the home of your dreams!

Tess

Comment by Tess Rogers — October 31, 2008 #
Tess

Thanks for visiting the blog and for your informative comments! It’s so important in this market to give the consumer real facts versus the media doomsday hype.

Jessica

Comment by Jessica-Los Angeles Real Estate Talk — November 12, 2008 #