Voter Home Loans

Our philosophy has always been, to give ‘Our Hometown Service’ to you no matter where you live in California. "We have all the latest technology available for you - BUT our focus at Guild Mortgage is on giving each and every one up-close and person...

Our philosophy has always been, to give ‘Our Hometown Service’ to you no matter where you live in California. "We have all the latest technology available for you - BUT our focus at Guild Mortgage is on giving each and every one up-close and personal first class service. We know you don’t buy a home, vacation home, or decide to refinance your loan every day so it may not be a comfort zone for you – but that IS what we do every day so let us be the one to run through the gauntlet of lending tasks for you. Suzanne’s Credentials: Licensed Real Estate Broker Mortgage Planning Specialist Reverse Mortgage Specialist Branch Owner since 1997 Branch Manager since 1989 In the Business since 1988 NMLS ID: 230270 BRE #: 01072266 Types of Loans: Refinance One Day Out of Foreclosure or Short Sale Purchase 100% USDA Rural Guarantee Reverse Mortgages For Veterans Conventional First Time Home Buyer FHA Jumbo & High Balance Conforming Fixed Rate vs. Variable Rate Vacation (2nd Home) Types of Refinancing Loans Available: Conventional Refinance Loans allow an Interest Rate and Term (years to repay the loan) refinance as well as cash-out up to a specified Loan to Value ratio (LTV). FHA Loans are insured by the Federal Housing Administration and allow rate and term as well as cash-out transactions. HARP: Fannie Mae Relief Refinance and Freddie Mac Relief Refinance programs up to 150% Loan to Value (LTV) of an existing loan held by either institution. VA Loans are insured by the Veterans Administration and allow rate and term refinances as well as cash-out. USDA Rural Guarantee Loan Program is available in ‘rural’ communities that are more than 60 miles from a major city and the property address must be verified through USDA for its eligibility. Loans currently held by USDA are allowed to be refinanced at a lower rate under USDA program. Mortgage Insurance is not a cost associated with this loan; however, the USDA does charge a funding fee of 2.125%of the loan amount/sales price and this is financed in the loan and a small monthly fee. 30 Year Fixed Rate is currently offered for this program Maximum Income Guidelines do not apply and are up to 115% of the median income for the area "