How to Buy a New Home Before Selling Your Current One!!!

Living in a “crowded house” but can’t find a way to buy that perfect new home before selling your existing one?  Don’t dream it’s over! There are mortgage programs that are specifically created to allow you to use proposed rental income from your existing home — also known as a “departing residence” in this case — to help with your mortgage qualification.  After all, most Americans are working hard enough to afford one mortgage payment, let alone two.

If you’ve been told that you don’t qualify for a new home until you sell your current home, but you otherwise have a down payment saved and ready to go, get in touch and let’s see if a departing residence mortgage is a good fit for you.

There is freedom within,

Rob Spinosa
SVP of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 
rob.spinosa@rate.com

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960 

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

How to Rock a 10% Down Payment!!!

Why go home to your grungy apartment when you can buy your first home instead?  Oh, what’s that?  Haven’t saved the full 20% down payment?  Live in a part of the country where home prices and loan sizes easily outpace the capacity of conforming, FHA and even VA loans?

Let’s learn how to rock the best of the 10% down jumbo mortgage options, some without PMI, and jam on why with a changing real estate market, you may be in luck with half the down payment you thought it might otherwise take. 

Jeremy’s spoken,

Rob Spinosa
SVP of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 
rob.spinosa@rate.com

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960 

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

How to Rock Cannabis Income on a Mortgage Application

Fifty years ago, when the Doobie Brothers were flying high and the folks in China Grove were rising for another day, it would have been hard to imagine that marijuana would eventually be legal in some states.  But, not legal in all states and not legal at the Federal level and that means those who work in the marijuana and cannabis industries can see their mortgage opportunities go up in smoke if not aligned with a lender who knows which programs and investors can navigate this relatively new industry.

So let’s take it to the streets and find out just how a homebuyer or homeowner can get a mortgage approval if they are employed in a cannabis business and get income from a business in the cannabis space.

Need some solid advice about mortgages and marijuana and cannabis income?  Give me a like or subscribe on YouTube!

Listen to the music,

Rob Spinosa
SVP of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 
rob.spinosa@rate.com

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

How to Rock Cryptocurrency As Your Down Payment

The mere mention of the words “bitcoin” or “cryptocurrency” or “blockchain” is sure to evoke comments and reactions that will be far-reaching.  There will be the speculators who rolled the dice and came up winners, or who are still white-knuckling their wild ride.  There will be financial technicians who have been forced to grasp how this technology has the potential to disrupt the exchange of currency as we know it.  But more than the reactions of either of these two subsets, you’ll encounter the expressions of the mostly and mildly bewildered.  Because really, when it comes to cryptocurrency, most people are downright confused:

  • About what it is.
  • About how it works.
  • And for us in the real estate world, about whether you can use bitcoin and other digital currencies to buy residential real estate.

So take a quick video tutorial with me on how to rock the use of cryptocurrency as your down payment!

Thinking about rocking the rebel currency on your next home purchase?  Give me a like or subscribe on YouTube!

Ground control to Major Tom,

Rob Spinosa
SVP of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 
rob.spinosa@rate.com

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960

Berkeley Office:  1400 Shattuck Ave., Suite 1, Berkeley, CA  94709
 

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

Divorce Buyout Refinancing Explained

It’s a sobering fact that nearly 50% of married couples will decide to go their separate ways each year. But what happens when there’s jointly owned real estate involved? And what if that home has a mortgage on it as well? What’s the process for one spouse “buying out” the other and how can any couple best plan for this division?

Obviously, a marital separation is stressful enough.  The short video below aims to make it a little less so, at least when it comes to understanding the home loan options.  Oh, and we rock some Frontiers-era Journey while we’re at it…

Ready to take a journey with us and rock the divorce buyout process?  Please give me a like or subscribe on YouTube!

Break those chains that bind you,

Rob Spinosa
SVP of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 
rob.spinosa@rate.com

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960

Berkeley Office:  1400 Shattuck Ave., Suite 1, Berkeley, CA  94709
 

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

Refinancing a Jumbo Mortgage After a COVID Forbearance

Despite some recent setbacks that see COVID cases increasing, many of us are optimistic that vaccination rates will continue to go up and all of America will eventually commit to getting the worst of the virus behind us once and for all. There is no doubt that as we headed into the summer, we could feel the economy coming back on line and the country getting back to work. Sure the recovery has been uneven, but compared to the uniform bleakness of last summer, there could only be reason for hope this time around.

Not surprisingly, the progress we’re seeing in the general economy has carried over to what we’re seeing in the mortgage industry — many homeowners who took advantage of COVID forbearance and payment deferral plans are now back to work, back on their feet, seeing those arrangements draw to a close and contemplating their best options for long-term, future financing. This happens to coincide with an ongoing low rate environment, and that has opened the door to a refinance for a good percentage of owners. But wait… If a borrower has had a recent forbearance or deferral, and has a jumbo loan, can he or she even refi at all?

The answer is “Yes!” But if you have had a forbearance or deferral plan, you have a jumbo loan and you are out there researching a refinance, you are very likely going to get some conflicting information. A key thing to remember is that not all jumbo lenders are created. Because they are not required to follow the “Agency” guidelines, that is, the rulebook that governs conforming loans as dictated by Fannie Mae and Freddie Mac, jumbo mortgage lenders will have different demands for refinancing post-COVID.  Here’s what we’re seeing for the most lenient of our investors:

Repayment Plan

The homeowner must have completed the full repayment plan or made at least three consecutive timely payments (and not missed any other payments under the program).

Payment Deferral

The homeowner must have made at least three consecutive timely payments following the effective date of the deferral agreement.

Modification Trial Payment Plan

The homeowner must have completed the trial payment plan.

If you are in doubt about whether or not you will meet the requirements above, get in touch and we can figure it out — often without any credit checks or exchange of any other personal documents. From there, if a refinance looks promising, the process is IDENTICAL to the one employed by a borrower who has not gone through any sort of hardship plan. We understand the nature of these inquiries and the place from which they stem. If you need a hand with your scenario, extend yours to us today.

Wash your hands,

Rob Spinosa
SVP of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 
rob.spinosa@rate.com

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960

Berkeley Office:  1400 Shattuck Ave., Suite 1, Berkeley, CA  94709
 

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

Guaranteed Rate. Illinois Residential Mortgage Licensee NMLS License #2611 3940 N. Ravenswood Chicago, IL 60613 – (866) 934-7283

Can I Get a Jumbo Mortgage with an H-1B Visa?

Right now, immigration is a hot topic in the United States.  Also right now, real estate is a hot market in the United States.  And also right now, at the intersection of these two, I field a lot of questions from those with H-1B visas who are looking to get a jumbo mortgage in order to buy or refinance a home.  Here are the three most common:

  1. “Can I get a jumbo mortgage if I am on an H-1B visa?”
  2. “What are the requirements for getting a jumbo mortgage if I am on an H-1B?”
  3. “Are the terms any different for a visa holder compared to a US citizen?”

Let’s look at the answers for each, but first delve into just a little bit of the technical definitions of both the H-1B visa and a jumbo mortgage.

Citizenship Status and the H-1B

In mortgage lending, we generally recognize four statuses for citizenship; US citizen, permanent resident alien (green card), non-permanent resident alien and non-resident.  In the eyes of most jumbo guidelines, US citizens and permanent resident aliens are essentially treated the same.  Non-residents, also known as foreign nationals, are generally not eligible for conventional financing, though there are loan options that exist for them which I have covered in a separate post.  The H-1B falls into the non-permanent resident alien status. 

An H-1B visa allows an individual to temporarily work in the US in a “specialty occupation.” Specialty occupations may include those in high tech, science, medicine and business/finance.  So the question remains, how does the lending industry treat an H-1B/non-permanent resident alien?

Jumbo Mortgages

One might think that a jumbo mortgage could most easily be defined by loan size — and there is some truth to this.  However, in many higher-cost areas of the US, the conforming loan limits differ.  Across most of the country, the one-unit conforming loan maximum is presently $548,250.  But here in Marin County, for example, our conforming limit is $822,375.  So yes, a jumbo loan would be anything over the conforming limit, regardless of location, but there are also some lending options that will allow a jumbo loan below the high-balance conforming loan limit ($822,375, in our example) but above $548,250. 

Therefore, “jumbo” is not exclusively tied to loan size and a better definition might go something like this:  A jumbo loan has a loan amount that is typically above the conforming loan limit and that follows the qualified mortgage (QM) requirements.  Jumbo loans are not securitized by the “agencies,” Fannie Mae and Freddie Mac.  Jumbo loans are most often underwritten to a specific investor’s guidelines and funded with that investor’s deposit base.  The investor has additional discretion over the qualifying guidelines of the loan itself and this may result in a more intensive process, additional documentation from the borrower and a more restrictive qualifying standard when compared to conforming loans.

Putting It All Together

Now that we’ve established that we have an eligible visa holder and the need for a jumbo mortgage, what will this borrower face once in the loan process?  First off, the answer is “yes” an H-1B holder can get a jumbo mortgage!  Often at the exact same terms as a citizen or green card holder. 

The key sticking points for these borrowers often tend to revolve around history.  Lenders like to see a two-year credit history (US credit, FICO scores, etc.) and a two-year tax return history.  It’s very difficult for a newly minted H-1B holder to get financing based on the historical proclivities of the lending industry, but once there is a track record, things open up substantially.  As for loan amounts, rates, and loan programs, again, so long as the history piece is met, we generally do not find there are any additional restrictions or restraints for a non-permanent resident alien.  And yes, we see these applicants all the time here in the tech-heavy Bay Area.

If you are a visa holder and have questions about a jumbo mortgage, don’t hesitate to get in touch.  Pre-approval is free and does not obligate any applicant, but before the application is completed, I am available to answer any questions you may have.

Welcome!

Rob Spinosa
Senior Vice President of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 
rob.spinosa@rate.com

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960

Berkeley Office:  1400 Shattuck Ave., Suite 1, Berkeley, CA  94709
 

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

Guaranteed Rate. Illinois Residential Mortgage Licensee NMLS License #2611 3940 N. Ravenswood Chicago, IL 60613 – (866) 934-7283

What Are Credit Tradelines?

I think I’ve made it clear before that I find no shame in talking about how hard we work for our clients. My assistant, Jamie, and I see a good number of mortgage applications come across our desks every week and in 2019 and 2020, a high percentage of them have been for jumbo home loans, which means that our borrowers must demonstrate strong credit depth by way of an adequate number of tradelines on their credit report. Gone are the days when one could just have a decent FICO score in order to cross credit concerns off of the loan approval list.

When we talk about credit tradelines and credit depth, most of the prominent jumbo mortgage banks like to see recent credit activity (that is, use of credit and timely payment) to consider any account active. And that’s really what a “tradeline” is — an account. An individual tradeline might be a mortgage, an auto or student loan or a credit card. All are different types of “trades” but in the case of revolving debts like credit cards, use of those cards in the last year or two is what really brings the tradelines into active status and works to meet the jumbo lender’s requirements.  By far, the gold standard for jumbo credit is three active tradelines with activity in the last twelve months, per borrower.

So in that spirit, I’m going to let you all in on a secret for getting a great jumbo loan if you are thinking that a mortgage application may be in your future in the coming months. Here are three GREAT ideas for taking that seldom-used credit card lurking in the back of your wallet or purse, or that forlorn department store card that you forget you had, and turning it into a bona fide active tradeline which, in turn, makes you eligible for the widest selection of jumbo loan programs.

1) The Starbucks Triple Mocha Frappuccino (Venti): $4.95

This frosty beverage will set you back both 500 calories and 500 centavos — but don’t you dare pinch pennies to pay this time. Instead I want you to reach for the least-used credit card in your quiver and rack this hefty charge on that piece of plastic. By doing so, you’ll bring this credit card to “active status” within the last 12 months and you’ll be on your way to both cardiac arrest and credit qualification.

2) Nashua Tape 1.89 in. x 120 yd. 300 Heavy-Duty Duct Tape (2-Pack): $10.88

Race fans! Hot rodders! Weekend warriors! Remember when you bought your house and your mother-in-law gave you a $100 gift card to Home Depot? Remember when you used it all plus another $400 on that initial visit and they convinced you to open a store card, take advantage of the discount and then pay the rest off later? Remember too that you haven’t used the card since that day twelve years ago? Well, now’s the time to repair everything in the house with duct tape. We already knew of its all-purpose abilities, so you’re burnin’ daylight, pardner. Get crackin’ on those DIY projects and the ‘honey do’ list and pick up a two-pack just in case.

3) The Warren Plaid Boxer: Now $15.00

One other thing that we know is that if someone is going to have a collection account on his credit report, and it’s going to be of the variety of which he’s unaware, it’s either going to be a medical bill or a Banana Republic store card (close third to a cell phone bill never received). I’m not sure why this is, but people go bananas over Banana’s billing. So let me help you save your credit shorts and get into a clean, fresh pair of undies while at the same time giving you an excuse to A) actually locate your Banana Republic card, B) place an order on it before they call you to tell you it’s been inactive since Marky Mark made skivvies the shizzle and, C) bring your store card to active status in the eyes of Equifax, Experian and Transunion.

My point(s) above are simple.  Active credit tradelines are a critical component to getting a great jumbo loan, but you can’t create them after you’ve applied for a mortgage. When we pull your credit report as part of the pre-approval process we’re looking at both credit history and recent activity but the time to address both is BEFORE you’re in the mortgage process. Or while you’re saving for your down payment. Or while you’re waiting for more inventory to hit the market, etc. Bringing your unused tradelines to active status is a little step you can take that will pay a big dividend later — opening up the widest array of jumbo options and, as a result, giving you access to the most competitive rates.  Let me know if you have questions about this aspect of getting a jumbo loan and I’ll be happy to help you craft a road map to success and hey, I might even let you in on a few more bargains as well…

Venti triple mocha frap for Ron,

Rob Spinosa
Vice President of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 
rob.spinosa@rate.com

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960

Berkeley Office:  1400 Shattuck Ave., Suite 1, Berkeley, CA  94709
 

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

Guaranteed Rate. Illinois Residential Mortgage Licensee NMLS License #2611 3940 N. Ravenswood Chicago, IL 60613 – (866) 934-7283

Your Pandemic Guide to a Jumbo Mortgage

“Our Realtor said it’s very difficult to get a jumbo loan these days.”

“We tried to do a cash out jumbo refi on our place but our bank told us that they’re not doing those anymore.”

“We wanted to refinance our jumbo loan but by the time we did the research the rates weren’t any lower than what we have already.”

“Is it possible to refinance a jumbo loan without having to move our savings and investments to the bank who’s making the mortgage?”

“We have a 20% down payment and are looking to buy a house that requires a jumbo loan.  We had no idea that would be so difficult.  Why are banks now telling us we need more than 20% down?”

As we go into the second half of 2020, it’s unquestionably true that we’ve seen a complete reshaping of the mortgage industry due to financial turmoil wreaked by the COVID-19 pandemic.  And one of the products under most pressure has been the jumbo loan — programs that accommodate loan amounts greater than the conforming or FHA limits.  Access to this tier of credit is essential to the higher-cost coastal real estate markets as well as to larger cities with luxury markets, like Chicago.  So is the home buyer or owner looking to refinance out of luck if he or she needs a competitively-priced jumbo loan?  Fortunately, the answer is a resounding “NO!,” though some research may be required to find it.

As of June 1, 2020, here are some of the jumbo mortgage options we will permit:

  • 20% down payment purchase jumbo mortgages to $3MM.  Max purchase price is $3,750,000 in this case.
  • Cash out refinances to 70% loan-to-value (LTV).  Cash out amounts can exceed $250K.
  • Jumbo purchase and refinance mortgages that do NOT require transfer of assets to us.
  • 10% down payments on jumbo mortgage options.
  • “Rate and term” refinances to 80% LTV, up to a $3MM loan amount.

While we are not out of the pandemic woods yet, we expect that our jumbo options will continue to strengthen and expand so long as real estate sales remain robust.  While much of the country can make do with conforming loan products there are many key markets that rely on efficient and cost-effective jumbo loans.  We’re here to address that need if it applies to your scenario.

Go big and/or go home,

Rob Spinosa
Vice President of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 
rob.spinosa@rate.com

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960

Berkeley Office:  1400 Shattuck Ave., Suite 1, Berkeley, CA  94709
 

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

Guaranteed Rate. Illinois Residential Mortgage Licensee NMLS License #2611 3940 N. Ravenswood Chicago, IL 60613 – (866) 934-7283

Getting a Mortgage on a Vacation Condo in Hawaii

Now that you’ve snapped out of your daydreams of swaying palm trees and the enveloping comfort of warm tropical air, you may recall that in a previous blog post I covered the things we need to know when buying a second home in Hawaii, and using a jumbo mortgage in the purchase transaction. But what if, instead, you are looking specifically to buy a condominium to use as a second home? Are there any tips, tricks and general good advice when it comes to getting a home loan to purchase one of these? The answer is a resounding “Yes!,” and if you can follow some of the ones outlined below, you may just set yourself up for saving money, assuring a smooth process and securing terms that ensure that you can enjoy your vacation property for many years to come. First, let’s cover the essentials of any second home:

What Is a Second Home?

While any vacation residence may seem to fit the bill, true second homes have specific, defining characteristics in the eyes of a mortgage lender. For us, a second home must meet these three guidelines:

  1. Must be a reasonable distance from your primary residence. Since we’re going to assume you live in the contiguous 48 or Alaska, this is likely the easiest hurdle to clear.
  2. Must be suitable for your year-round occupancy. This goes hand-in-hand with the point to follow, but think of it this way. Your vacation home is yours. That means if you decide to show up for an impromptu weekend or an entire month of the winter, you don’t have to move anybody out. The home is always there for you when you want to occupy it for any amount of time.
  3. You must not enter into any rental agreements. Sure, AirBnB and VRBO have muddied the waters considerably but if you’re going to purchase a home, the true test is your intent. If you plan to make money off of the property, then you technically have an investment property and not a second home and your lender may approve or deny your loan application on that basis. And let’s be very serious. If you deceive your lender into approving a second home mortgage, presumably to take advantage of a lower rate and smaller down payment requirement, and then begin renting out the property, you could be in serious trouble on a Federal level. Just don’t do it.

Getting Your Condo to Conform

Fortunately, all five of Hawaii’s metropolitan statistical areas (MSAs); Hawaii, Honolulu, Kalawao, Kauai and Maui all have a 2019 conforming loan limit of $726,525 and this allows buyers some additional room to obtain a conforming loan. What is a conforming loan and why does that matter here? Well, conforming loans provide a great deal of uniformity and efficiency in underwriting and they also tend to provide the buyer with rates and terms that most would consider to be very competitive. In essence, a conforming loan option tends to narrow the scope of the loan selection and attainment process in a helpful way to the consumer.

When it comes to condos, working to get a mortgage for a second home with a 25% down payment, if possible, allows the buyer to greatly streamline the efficiency of the condo approval process through what is known as a “limited review.” Up until recently, second home condominium projects in Hawaii often ran into issues such as too high a concentration of owners who do not occupy as a primary home — which makes sense in Hawaii. With this ratio higher than lenders preferred, many condo projects were deemed “non-warrantable” by Fannie Mae and Freddie Mac and thus, buyers needed to find loan options that often had less desirable terms. But now, a savvy, vacation home condo buyer with a 25% down payment can stack the deck in her favor, use the guidelines to her benefit, exploit the higher loan limits and perhaps just make that second home scenario work with an excellent conforming loan option.

Also worth noting is that the new conforming condo guidelines are more lenient with other “hotel-like” characteristics that some condo projects in Hawaii tend to exhibit. Today, and with a limited review, condo projects just need to meet the criteria of a handful of reasonable questions pertaining to the characteristics, amenities and requirements set forth by the homeowner’s association (HOA). And in general, so long as the subject property’s project functions more like a condominium for owners and less like a hotel for visitors, the process for approval is less onerous than in the past.

Hanging More Than $726,525?

But what happens if you need a loan greater than the conforming limit? In that case, a jumbo mortgage is required and we offer those as well. A buyer can assume that a jumbo lender will have its own questionnaire and requirements to determine approvability of the condo project. One can expect that the process will involve more scrutiny of the owner occupancy ratio and other financial and management attributes of the project. But by no means is it impossible to get a jumbo loan on a Hawaii condo, and we’ll go up to a loan amount of $3,000,000 with as little as 20% down ($3,750,000 purchase price). For now, anyway, your dream of that luxury condo overlooking Diamond Head remains intact…

The Pineapple Express

Many who consider purchasing a second home in Hawaii are led to believe that they must use a lender on the islands. Not 100% true. While there are many good options for financing there, you are not exclusively limited to working with a lender in Hawaii. In fact, some of our vacation home borrowers prefer to work with us because of our similar work styles, California-competitive pricing as well as the immediacy of the time zone, etc. But in any case, we have an understanding and respect of the culture and customs on the island and are ready to provide a “best of both worlds” experience to those in the vacation condo market. Get in touch and let’s talk story!

Mahalo, 

 

Robert J. Spinosa
Vice President of Mortgage Lending
Guaranteed Rate
NMLS: 22343
Cell/Text: 415-367-5959
rob.spinosa@rate.com

Marin Office: 324 Sir Francis Drake Blvd., San Anselmo, CA 94960
Berkeley Office: 1400 Shattuck Ave., Suite 1, Berkeley, CA 94709

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate. In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate’s Human Resources Department.

Guaranteed Rate. Illinois Residential Mortgage Licensee NMLS License #2611 3940 N. Ravenswood Chicago, IL 60613 – (866) 934-7283