The financing of a home or income property is one of the most important decisions for a Buyer to make. This decision could have a major affect on their lives for the next thirty years or so as well as potential added stress to the escrow. I advise all buyers to speak with at least one if not three mortgage brokers concerning available rates, what types of paper work will be needed to secure the financing, what time frames they can work within and how compatible you are with them and they with you. I also recommend that you only run your credit report once and obtain a copy of it to pass on to additional potential lenders. Multiple credit checks may lower your credit score.

I recommend to ask at least the following questions:

1. What are the current rates?

2. What type of a loan package would you recommend for my situation?

3. What are the typical processing/financing related fees?

4. What types of documents/information will you need?

5. What time frames can we work within for closing and loan approval?

6. Will you provide a Truth in Lending Estimated Costs Sheet?

7. What can I expect for my monthly mortgage payments to be?

I have worked with and recommend the following mortgage brokers:

• John Wilson- California Mortgage Advisors 415.451.4116

• Adam Wise- California Mortgage Advisors 415.526.1948

• Ed Lynch-  First Security Loan Corporation 415.381.7018

• Rick Cunniffe- Pacific Guarantee Mortgage 415. 878.0282

• Doug - RPM 415.464.2430