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UNDER 640 FICO SCORE LOANS

ZERO DOWN & HALF PERCENT DOWN PURCHASE LOANS & MUCH MORE
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First Time Home Buyer Specialist 
NOW LENDING IN CALIFORNIA, ARIZONA, NEVADA, OREGON, WASHINGTON,
ILLINOIS, COLORADO, GEORGIA, MARYLAND, MICHIGAN, TEXAS, VIRGINIA,
 and DISTRICT OF COLUMBIA ONLY.
 
First Time Homebuyer specialist is our specialty. We offer ALL the various loan programs to fit ALL possibilities of a First Time HomeBuyer credit profile. You may qualify FHA from fico scores in between 500-579 with 10% down. You may qualify for FHA 3.5% down. You may qualify for 3% down conventional with a minimum 620 fico score or 5% down conventional with NO Mortgage insurance (Lender paid MI) from a minimum 620 fico score. It only takes a few dozen questions to qualify you in minutes for the loan program to fit your needs the best financially.         
               
 
I specialize in Under and Over 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify for programs, rates and terms as necessary. I can raise fico scores within 3-4 days in most cases. You may qualify to buy with minimum out of pocket expenses. Your expenses will be a down payment if any, earnest money deposit to open escrow, appraisal fee and the closing costs. You may utilize premium financing to cover portions of your closing costs to achieve minimum out of pocket expenses. Here is a needs list to gather for processing a loan approval, DU Approval or pre-approval letter to get you out shopping for a home of your choice.   http://tinyurl.com/l9ctod4
 
Once I receive copies of all the documents requested for loan processing and run your credit upon asking a few dozen questions, I can issue a pre-approval letter within 24 hours. Why rent when you may qualify to purchase and pay less than rent. Give me a call at your convenience and get approved today...
 
The Mortgage Process:
Even the most experienced homebuyer can find the home mortgage process hard to understand and if so we can refresh your memory. You should understand the process and that should make the transaction less stressful and smoother.
 
Step 1: Pre-Qualification

Before the actual home loan process begins, we gather information about your income and debts and figure out how much you can afford to borrow. There are many different programs available, which can result in different pre-qualification loan amounts. We'll help you pick the ones that best fit your situation. We will also order a credit report and run your home loan through an automated underwriting system.

Step 2: Loan Application

Once you're pre-qualified we will prepare a formal loan application, verify employment, income, bank deposits, and gather any other documents needed for processing. This process may be done via email, fax or mail if your distant from the office.

Step 3: Processing

We review your credit reports and verify your debts and payment histories. If there are late payments, collections for judgments or other concerns, we get a written explanation from you, which may clear up any of these types of issues. We order the appraisal and review for value. Title insurance and homeowner's insurance is ordered. A complete package is put together for final approval.

Step 4: Underwriting

Underwriting is where we make sure your home loan package meets all lender requirements. At this point we have usually gathered all the information we need. In some instances, however, we may require additional information and will contact you quickly to make sure approval happens on time.

Mortgage Insurance Underwriting

If your down payment is less than 20%, all lenders require Private Mortgage Insurance (PMI) to insure the loan in case of default. PMI is typically paid monthly but can sometimes be financed in with your loan or paid upfront at closing. After a few years, you may be able to eliminate PMI if your home goes up in value resulting in 20% equity (We provide future refinance at a discount). Give us a call as the refinance may or may not require a new property appraisal and can help you when that time comes.

Step 5: Closing

Your home loan has been approved and we get your loan documents issued, signed and returned to fund. The closing typically takes place at the title or escrow company.

 

Sheryl Arndt is serving the High Desert cities with real estate services, Apple Valley, Hesperia, Victorville, Phelan, Pinon Hills, Lucerne Valley and neighboring cities within 1 hour travel distance from Apple Valley, CA. and the rest of the state with mortgage services.

 

NOW LENDING IN CALIFORNIA, ARIZONA, NEVADA, OREGON, WASHINGTON,
ILLINOIS, COLORADO, GEORGIA, MARYLAND, MICHIGAN, TEXAS, VIRGINIA,
 and DISTRICT OF COLUMBIA ONLY.

 

Here are some loan program links from this website to study and consider that I offer throughout CA.
 

http://www.under640ficoscoreloans.com/Pages/Conventional.aspx

http://www.under640ficoscoreloans.com/Pages/FHA.aspx

 

http://www.under640ficoscoreloans.com/Pages/JumboLoan.aspx

http://www.under640ficoscoreloans.com/Pages/CHDAPLoans.aspx

http://www.under640ficoscoreloans.com/Pages/HalfPercentDown.aspx

 

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only

REO & Short Sale Specialist                               

Credit Repair At No Cost

ALL Loan Programs Available

24+ Years Experience

BRE# 01140252

NMLS# 297251

760-486-4225

9am till 5pm 5 days weekend appts

 

 


Sheryl Arndt, Broker/ Sr. Loan Officer is providing conventional home loans for: Los Angeles County, Agoura Hills, Alhambra, Arcadia, Artesia, Azusa, Baldwin Park, Bell, Bell Gardens, Bellflower, Beverly Hills, Bradbury, Brentwood, Burbank, Calabasas, Carson, Cerritos, Claremont, Commerce, Compton, Covina, Cudahy, Culver City, Diamond Bar, Downey, Duarte, El Monte, El Segundo, Gardena, Glendale, Glendora, Hawaiian Gardens, Hawthorne, Hermosa Beach, Hidden Hills, Huntington Park, Industry, Inglewood, Irwindale, La Canada-Flintridge, La Habra Heights, La Mirada, La Puente, La Verne, Lakewood, Lancaster, Lawndale, Lomita, Long Beach, Los Angeles, Lynwood, Malibu, Manhattan Beach, Maywood, Monrovia, Montebello, Monterey Park, Norwalk, Palmdale, Palos Verdes Estates, Paramount, Pasadena, Pico Rivera, Pomona, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, Rosemead, San Dimas, San Fernando, San Gabriel, San Marino, Santa Clarita, Santa Fe Springs, Santa Monica, Sierra Madre, Signal Hill, South El Monte, South Gate, South Pasadena, Temple City, Torrance, Vernon, Walnut, West Covina, West Hollywood, Westlake Village, Whittier, Madera County, Chowchilla, Madera, Marin County, Belvedere, Corte Madera, Fairfax, Larkspur, Mill Valley, Novato, Ross, San Anselmo, San Rafael, Sausalito, Tiburon, Mariposa County, Mendocino County, Fort Bragg, Point Arena, Ukiah, Willits, Merced County, Atwater, Dos Palos, Gustine, Livingston, Los Banos, Merced, Modoc County, Alturas, Mono County, Mammoth Lakes, Monterey County, Carmel, Del Rey Oaks, Gonzales, Greenfield, King City, Marina, Monterey, Pacific Grove, Salinas, Sand City, Seaside, Soledad, Napa County, American Canyon, Calistoga, Napa, St. Helena, Yountville, Nevada County, Grass Valley, Nevada City, Truckee, Orange County, Anaheim, Brea, Buena Park, Costa Mesa, Cypress, Dana Point, Fountain Valley, Fullerton, Garden Grove, Huntington Beach, Irvine, La Habra, La Palma, Laguna Beach, Laguna Hills, Laguna Niguel, Lake Forest, Los Alamitos, Mission Viejo, Newport Beach, Orange, Placentia, San Clemente, San Juan Capistrano, Santa Ana, Seal Beach, Stanton, Tustin , Villa Park, Westminster, Yorba Linda, Placer County, Auburn, Colfax, Lincoln, Loomis, Rocklin, Roseville, Plumas County, Portola, San Bernardino County, Adelanto, Apple Valley, Barstow, Big Bear Lake, Chino, Chino Hills, Colton, Fontana, Grand Terrace, Hesperia, Highland, Loma Linda, Montclair, Needles, Ontario, Rancho Cucamonga, Redlands, Rialto, San Bernardino, Twentynine Palms, Upland, Victorville, Yucaipa, Johnson Valley, Yucca Valley, Riverside County, Banning, Beaumont, Blythe, Calimesa, Canyon Lake, Cathedral City, Coachella, Corona, Desert Hot Springs, Hemet, Indian Wells, Indio, La Quinta, Lake Elsinore, Moreno Valley, Murrieta, Norco, Palm Desert, Palm Springs, Perris, Rancho Mirage, Riverside, San Jacinto, Temecula, Placer County, Auburn, Colfax, Lincoln, Loomis, Rocklin, Roseville, Sacramento County, Folsom, Galt, Isleton, Sacramento, San Benito County, Hollister, San Juan Bautista, San Diego County, Carlsbad, Chula Vista, Coronado, Del Mar, El Cajon, Encinitas, Escondido, Imperial Beach, La Mesa, Lemon Grove, National City, Oceanside, Poway. San Diego, San Marcos, Santee, Solana Beach, Vista, San Francisco County, San Francisco, San Joaquin County, Escalon, Lathrop, Lodi, Manteca, Ripon, Stockton, Tracy, San Luis Obispo County, Arroyo Grande, Atascadero, Grover Beach, Morro Bay, Paso Robles, Pismo Beach, San Luis Obispo, San Mateo County, Atherton, Belmont, Brisbane, Burlingame, Colma, Daly City, East Palo Alto, Foster City, Half Moon Bay, Hillsborough, Menlo Park, Millbrae, Pacifica, Portola Valley, Redwood City, San Bruno, San Carlos, San Mateo, South San Francisco, Woodside, Santa Barbara County, Buellton, Carpinteria, Guadalupe, Lompoc, Santa Barbara, Santa Maria, Solvang, Santa Clara County, Campbell, Cupertino, Gilroy, Los Altos, Los Altos Hills, Los Gatos, Milpitas, Monte Sereno, Morgan Hill, Mountain View, Palo Alto, San Jose, Santa Clara, Saratoga, Sunnyvale, Santa Cruz County, Capitola, Santa Cruz, Scotts Valley, Watsonville, Shasta County, Anderson, Redding, Shasta Lake, Sierra County, Loyalton, Siskiyou County, Dorris, Dunsmuir, Etna, Fort Jones, Montague, Mount Shasta, Tulelake, Weed, Yreka, Solano County, Benicia, Dixon, Fairfield, Rio Vista, Suisun City, Vacaville, Vallejo, Sonoma County, Cloverdale, Cotati, Healdsburg, Petaluma, Rohnert Park, Santa Rosa, Sebastopol, Sonoma, Windsor , Stanislaus County, Ceres, Hughson, Modesto, Newman, Oakdale, Patterson, Riverbank, Turlock, Waterford, Sutter County, Live Oak, Yuba City, Tehama County, Corning, Red Bluff, Tehama, Trinity County, Tulare County, Dinuba, Exeter, Farmersville, Lindsay, Porterville, Tulare County, Tulare, Visalia, Woodlake, Tuolumne County, Sonora, Ventura County, Camarillo, Fillmore, Moorpark, Ojai, Oxnard, Port Hueneme, Santa Paula, Simi Valley, Thousand Oaks, Ventura, Yolo County, Davis, West Sacramento, Winters, Woodland, Yuba County, Marysville, Wheatland, Alameda County, Alameda, Albany, Berkeley, Dublin, Emeryville, Fremont, Hayward, Livermore, Newark, Oakland, Piedmont, Pleasanton, San Leandro, Union City, Alpine County, Amador County, Amador City, Ione, Jackson, Plymouth, Sutter Creek, Butte County, Chico, Gridley, Oroville, Paradise, Calaveras County, Angels Camp, Valley Springs, Colusa County, Colusa, Williams, Contra Costa County, Antioch, Brentwood, Clayton, Concord, Danville, El Cerrito, Hercules, Lafayette, Martinez, Moraga, Orinda, Pinole, Pittsburg, Pleasant Hill, Richmond, San Pablo, San Ramon, Walnut Creek, Del Norte County, Crescent City, El Dorado County, Placerville, South Lake Tahoe, Fresno County, Clovis, Coalinga, Firebaugh, Fowler, Fresno, Huron, Kerman, Kingsburg, Mendota, Orange Cove, Parlier, Reedley, San Joaquin, Sanger, Selma, Glenn County, Orland, Willows, Humboldt County, Arcata, Blue Lake, Eureka, Ferndale, Fortuna, Rio Dell, Trinidad, Imperial County, Brawley, Calexico, Calipatria, El Centro, Holtville, Westmorland, Inyo County, Bishop, Kern County, Arvin, Bakersfield, California City, Delano, Kern County, Maricopa, McFarland, Ridgecrest, Shafter, Taft, Tehachapi, Wasco, Kings County, Avenal, Corcoran, Hanford, Lemoore, Lake County, Clearlake, Lakeport, Lassen County, Susanville,