New Homes and Mortgages — No Income Loans, Market Update

REAL ESTATE NEWS (Los Angeles, CA) — Mortgage Volume is Down: Just a quick note to update you on what we are seeing in the mortgage marketplace currently. According to Don Maher of Universal Capital Mortgage Corporation, volume is down about 40% since this time last year. But you know who is buying? Those who couldn’t qualify last year due to income. The new No Income / No Employment verification program is the most popular loan now. A home buyer just closed one at 7.49% for a 30 year fixed, owner-occupied with only a 1% loan origination fee. No income or employment stated on the application, and no debt ratio calculated. That’s better than most bank statement programs. This requires good credit and reserves, and a minimum of 25% down. So, it’s great for retired people, newly self employed or people with complicated tax returns. Borrowers can do cash refis as well, and 2nd homes are also allowed. | QUESTION OR COMMENT

NEW HOMES — Save $25,000 GUARANTEED on a new home, get home buyer protection, and a free 2-year home warranty at no cost to the buyer for a limited time. Visit www.Save25Grand.com

Get a free list of new homes for sale. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker. | QUESTION OR COMMENT

5022 Waverider Cir Tour Video and New Photos

Here are new photos and tour video link. We just found out that the bargain Huntington Beach 2 bedroom, 2 bathroom ground floor unit has a dishwasher, microwave, refrigerator, convenient attached garage with remote, and a large wrap-around patio accessible from all three large sliding glass doors!!! Entertain lots of friends! It does not have air conditioning, but it does have an ocean breeze. —  HuntBeach.com | TOUR VIDEO  |  DETAILS |  REQUEST VIEWING |  APPLY

THIS PROPERTY HAS ALREADY BEEN LEASED. Check out Unit C. Take a look at the new photos and tour video, then come tour the interior in person Saturday 8/27 from 11 AM to 3 PM. More photos coming soon. Property details and links are at
http://www.HuntBeach.com | TOUR VIDEO  |  DETAILS |  REQUEST VIEWING |  APPLY

Request a viewing. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker. | TOUR VIDEO  |  DETAILS |  REQUEST VIEWING |  APPLY