Purchase Price $1,200,000.00 ( Lets make an offer! )
Down Payment: $264,000 ARM Fixed for 7 years adjusts every six months after, amortized over 30
Rate: 2.625%/ 2.863% $3,759.45 Principal and Interest
30 YR FIXED ($264,000 Down) $3821.14 Principal and Interest Rate: 2.75 %/ 2.783%**
30 YR JUMBO WITH 20% DOWN ($240,000) 2.99 %/3.024 APR $4,042.23**
Taxes and Insurance a month: $1250 Taxes $350 Insurance
**Total Fees:$14,084.34 (General Estimate, this is based on a 800 Fico SCORE, not to be used as a commitment or actual loan estimate)
Origination Fee :$9,360.00 Processing Fee $500.00 Underwriting Fee$999.00 B. Services You Cannot Shop For$1,250.50 Life of Loan Tax Service Paid to: CoreLogic Tax Services$68.00 Flood Life of Loan Coverage Paid to: Address Name: Flood Company$5.00 Flood Determination Fee Paid to: Address Name: Flood Company$8.00 Credit Monitoring Service Paid to: Factual Data$4.50 Appraisal Fee Paid to: Amrock, LLC$915.00 Appraisal Management Services Paid to: Amrock, LLC$250.00 C. Services You Can Shop For$3,389.00 Title-Settlement or Closing Fee Paid to: Address Name: Closing Agent$1,100.00 Title-Notary’s Fees Paid to: Address Name: Closing Agent$125.00 Title-Lenders Title Policy Paid to: Address Name: Title Company$2,114.00 Title-Endorsement-ALTA 8.1 Paid to: Address Name: Title Company$25.00 Tax Certification Fee Paid to: Amrock Title California Inc.$25.00 E. Taxes and Other Government Fees$91.00 Recording Fee-Deed Paid to: San Francisco County Assessor-Recorder$20.00 Recording Fee-Mortgage Paid to: San Francisco County Assessor-Recorder$71.00 H. Other$1,359.00 Title-Owner’s Title Policy (optional) Paid to: Address Name: Title Company$1,359.00
Any questions on this property, give me a call at 415-369-7337
Today I started the 75 day challenge, first day is completed.
Two 45 min workouts, one of which has to be outdoors. I went to my gym and for a walk this morning.
In between I had to restructure one loan to a FHA purchase from a conventional financing. The buyer originally was going to pay some stuff off to keep their bottom ratio (that’s all debt including housing ) under 45% but home needs repairs, so we are going to not pay some stuff off and go FHA. Fha is flexible with the ratios , I have pushed a bottom to 55% before, let’s see .
Then I had to quote a VA refinance cash out in Sacramento. Property value of 480k 677 credit score loan amount of 384k interest rate of 2.5%, 2.781% APR NO lender fees.
Drinking a gallon of water is a challenge! Food is a challenge, I love donuts. I love fried food. I love carbs. Christmas is going to be great, 75 days from now, 53 working days. Since it is 53 working days, I just decided that I want to do a 53 loans till Christmas, Do you need to purchase or refinance? Call me 415-369-7337 or apply online at https://christophermarrs.floify.com/apply-now .
My friend, Jennifer Maki Loskamp of Coldwell Banker in Carmel by the Sea, gave me this book and work book as a birthday present, as I just turned 40. I have read this book before however this is an updated version with new interviews and just interesting insight. Read 10 pages which were basically an introduction today.
That is a wrap for Day One of the 75 day challenge.