Can Rates Go Much Lower Than This?
Loan Amount under $730,000?

4.625% 30 Year Fixed (4.749% APR)
3.875% 5 Year Fixed (3.993% APR)
Additional Refinancing Options
are Available Up to 105%
of Your Home Value

Click here for a Pre-Approval
5/1 ARM – the rate is fixed for a period of 5 years after which in the 6th year the loan becomes an adjustable rate mortgage (ARM). The adjustable rate is either tied to the 1-year treasury index or to the one-year London Interbank Offered Rate (“LIBOR”), and is added to a pre-determined margin (usually between 2.25-3.0%) to arrive at your new monthly rate. Ask what the margin, life cap and periodic caps of your ARM will be in the 6th year. The loan is fully amortized (or paid off) in 30 years if the normal payment schedule is followed

Call or fill out a form for more details,
Pricing Subject to change

Here are some details of the Program,

Down payment and/or closing cost assistance in the form of a 2nd up to 3% of sales price. CLTV up to 99.5%.
2nd loan is amortized over 15 years at a fixed interest rate of 8.25%.
FHA financing with Loan to values of up to 96.5%.
NO first time home-buyer restrictions.
Funding available for all CA.
FICO scores below 620, even NO fico score permitted for qualified buyers!
Don’t delay call today for more details.
Backed by Private Financing – unlimited funds
NO “Recapture Tax” if home is sold later
NO Sales Price Limits
No additional “Compliance Review” required
Financing available for Down Payment and Closing Costs
CLTV’s up to 99.50% = little to no money down & no out of pocket
closing costs
No Minimum Borrower Contribution Required
Buyer or Seller Discount Fees allowed
Manufactured Housing Eligible
Click here for a Pre-Approval
Other Sources of
Assistance – Gift Funds
401k loans
Grants
Section 8 programs (subject to FHA guidelines)

How long will this last, Who knows but it doesn’t get better than this.
Low California Home Prices, $8,000 Tax Credit , Low California Mortgage Interest rates.

If you are interested in learning more about the California Fha Home Loan with 99.5% financing.
Call or Fill out a form.

Click here for a Pre-Approval
805-727-4833

Real Estate Agents in the Following Counties are ready to assist you, Call now for your free Pre- Approval!

Ventura County
Riverside & San Bernardino County
Orange County
Los Angeles County
San Diego County
Kern County
Santa Barbara County
San Luis Obispo
Imperial County

If your County is not on the list, Please call

All loan originators are affected, whether lenders or brokers. You can double check that your compliance procedures and disclosures are compliant by reviewing this summary (http://www.allregs.com/ealerts/updates090526_MortgageDisclosureImprovementAct-2MonthsEarly.htm?contactID=93417691) or the Final Rule as published in the Federal Register (http://www.federalreserve.gov/reportforms/formsreview/RegZ_20090519_ffr.pdf).

Here is what you do:

1.refile for 2008 1040. (the form will be called 1040X)
2.include your $8,000 on line 69
3.fill out the schedule with the property address, sales price, etc.
4.Mail it
5.Collect your $8,000 in 2-3 weeks (5-10 days if you file it electronically

Ventura and all of California Home Loans are at a level unseen since 2003. At Cali Mortgage Rates you will find all the tools you need to get a fast Pre- Approval for a Purchase, Up to Date California Mortgage Rates and current California Mortgage and Real Estate news and Tips.

Cali Mortgage Rates is proud to offer back door wholesale Rates to all borrowers, Whether you looking for a First Time Home buyer California FHA Loan, California Rehab Loan or needing assistance with the California Refinance Making Home Affordable Program. Cali Mortgage Rates is also an expert in Investor Loan Programs.
Click here for a Pre-Approval
Please while you are here a take a look at our current California Home Loans and at our Lending Programs and Tools.

Please feel free to fill out a No obligation quick quote form, click on the Loan Application button if you would like to see some of our current rates.

All Quotes are current and individualized by a Mortgage Professional.

The 10year bond has took a down turn and Cali Mortgage Rates have come down back to the High 4’s on a 30 year fix.

But to tell you the truth I think this will be a quick stop and it could be possible to see rates in the high’s 3% for a quick minute. Then we’ll hear the so called experts saying where in up trend for recovery, Ya right! I say! We still have 3rd wave of foreclosures coming and then the Super Jumbo loans that nobody can get a loan on.

What Loan and Real Estate agents are seeing in California are not real buyers, only so called Investors bidding on Properties that don’t even close. Due to the fact that these investors are Hoping they can bid low without even buying the property and just wanting to flip it to a higher bidder, To make a profit. The investors are doing this by saying they are going to pay cash In hopes to get the best deal and make a quick profit. But the investor really never closes the deal because before they have to close they find a First Time Buyer that pays more because they have the cash and need financing which is not bad if you really had the cash. But the problem with these deals are that only 50% of them close because they really don’t have the cash and they can’t find a buyer in time. In return leaving the hot tamale back on the market and leaving the California housing market stressed and the true Homeowner asked out. Because the First Time Home Buyers missed out on a good deal and a chance to benefit off the First Time Home Buyer $8,000.00 tax refund.

I not saying the investor is doing a bad thing or is a bad person. Just saying that the California Housing market could see a quicker recover if more of these deals closed. So all First Time Home Buyers could a enjoy a good deal and the low Cal Mortgage Rates with a $8,000 dollar tax refund before it’s too late.

Click here for a Pre-Approval
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