Mres
FNMA, FHLMC, FHA, VA and Portfolio
Congratulations! You've just taken the first step towards your dream. By selecting MRES you have chosen the best.
We are open by appointment only so call first (805) 657-5760 Welcome to MRES Loans
Congratulations! You’ve just taken the first step towards your dream. By selecting MRES you have chosen a lender who understands your needs, and is committed to improving your financial future. Whether you are interested in a new home, remodeling or refinancing your current home, or consolidating your credit card de
Update
RED ALERT: Click the Take Action button and call your Senator NOW to ask them to Vote NO on ACA 13!
Yesterday, the California State Assembly voted to pass ACA 13 (Ward). We have another chance to stop this measure in the Senate, but time is short. WE NEED YOU TO CALL YOUR SENATOR RIGHT AWAY! We anticipate that the Senate will vote on ACA 13 (Ward) quickly. If ACA 13 becomes law, it would become a serious threat to the limits on tax increases in Prop 13.
C.A.R. OPPOSES ACA 13 (Ward), a proposed state constitutional amendment, which will significantly weaken California citizens’ ability to use the statewide initiative process by imposing a higher vote requirement to pass citizen-led initiatives, making it much easier to pass property taxes.
C.A.R. opposes ACA 13 because it seeks to undermine Prop 13, which will lead to higher property taxes and make housing much less affordable.
Please call your Senator TODAY to oppose ACA 13.
Background
Under current law, state voter initiatives (“propositions”) and voter initiatives to amend the constitution both require a simple majority of voters to pass. That’s 50% of votes + one vote. Depending on the city or county, local measures usually also follow the same 50% + one vote system. The exception is when a measure creates or extends a local or special tax. Then the vote requirement is usually two-thirds.
ACA 13 would require that any citizens’ initiative to amend the state constitution that attempts to increase the percentage of the vote needed to pass a local or state ballot measure must itself pass by the same percentage. For example, the original Proposition 13 created a requirement that local special taxes receive the vote of two-thirds of the electorate at the ballot. If ACA 13 had been in place back then, Proposition 13 could only have become law if two-thirds of the voters voted for it rather than a simple majority. This is an unprecedented constitutional change that would tip the scales against citizen-led initiatives that seek to put in place Prop 13 type protections against government overreach on taxes or other issues.
The consequences of this measure could be disastrous, eroding the current protections established by Prop 13. So, for example, an initiative to remove the tax protections of Proposition 13 would only need a majority of votes to do so, but an initiative to protect or strengthen the property tax protections of Proposition 13 by enacting a two-thirds vote for new special taxes affecting property would require a two-thirds vote of the people, an enormous hurdle. The bottom line is that removing protections against taxation is easy but putting them in place becomes extremely hard. This increases the odds of groups trying to strip away Proposition 13’s tax protections which will only make housing less affordable as citizens will be burdened by higher property taxes.
So why is the legislature doing this? According to the Assembly Elections Committee analysis prepared for the August 23 hearing, ACA 13 seeks to undermine the chances that another initiative, titled, “the Taxpayer Protection and Government Accountability Act,” will pass. This initiative, which has already qualified to be included on the November 2024 ballot, among other provisions restores the requirement that special taxes affecting property must always in all situations have three-quarters of the vote of the people overruling a recent court decision which limited that. It also subjects more taxes to the vote of the people.
The legislature fears the outcome of a citizens’ initiative that has qualified for the ballot and rather than compete in the marketplace of ideas and trust the voters to decide as has always been done, the legislature has decided it would be easier to change the constitutional rules governing initiatives.
Here’s Why C.A.R. OPPOSES ACA 13
It will undermine the voice and power of California’s voters. This legislation would change the constitution to make it harder for voters to pass citizen-led initiatives such as Prop 13, Prop 218, and Prop 26. This attack on Prop 13 is in direct response to special interest greed which will result in more taxes being passed on to homeowners.
What's worse is ACA 13 ONLY applies to CITIZEN-LED initiatives, not those put on the ballot by the Legislature. It takes power away from the people not the government.
ACA 13 will further keep working families from being able to purchase a home by making it easier to increase property taxes. On August 15, KTLA TV reported that California’s housing affordability “hit a 16-year low in the second quarter of 2023.” Increasing property taxes will make it even more difficult for first-time buyers to make the leap from renting to homeownership. California’s growing diverse population continues to face uphill battles in buying a home and growing family savings, which is THE fundamental step needed to close the state’s wealth gap.
It could make buying and owning a home even more expensive by eroding Proposition 13 protections. ACA 13 seeks to undo protections enacted by Proposition 13, which established a 2/3 vote requirement for local governments to increase various taxes on homeowners. The passage of ACA 13 will only make it more difficult for homeowners to protect their homes from unfair taxation.
Save prop 13
We are now lending in Idaho, for those of you relocating!
Click here to claim your Sponsored Listing.
Our Story
Welcome to MRES Loans
Congratulations! You’ve just taken the first step towards your dream. By selecting United American Mortgage you have chosen a lender who understands your needs, and is committed to improving your financial future. Whether you are interested in a new home, remodeling or refinancing your current home, or consolidating your credit card debt, we will work with you to create a customized solution for your goals. And at MRES, we have the experience and know how to make your solution an easy and painless process, so you can focus on the important things.
Now that you've found your solution, let us help you fulfill the dream. Start by giving us a call at (805) 876-LOAN
Loan Types
There are several different loan types to fit your needs. Regardless of your situation, we can find a mortgage that will fit your needs and your budget. We offer traditional fixed rate and adjustable rate mortgages as well as balloon mortgage loans and cash-back options. Speak with our skilled and experienced mortgage counselors to understand which mortgage will be best for you and your family.
Here are brief descriptions of the different loan types we offer:
Traditional Fixed Rate Mortgages
With a fixed rate mortgage, the interest rate stays the same for the lifetime of the loan. Your monthly payment (for principal and interest) stays the same for the term of the loan. Greentree offers many fixed rate mortgages with terms to fit your budget.
Adjustable Rate Mortgages
An adjustable rate mortgage (or ARM) usually starts with an initial interest rate lower than traditional fixed rate loans. After an initial payment period, the interest rate is subject to review and can move up or down based on the movement of a specified "index." From then on, the rate is reviewed periodically. As the rate changes, so does your monthly payment. Greentree has a variety of adjustable rate mortgages.
Balloon Mortgage Loans
A "balloon" mortgage has regular payments of principal and interest that do not fully pay off the loan before its due date. Therefore, it has a balance at the end of the loan term -- sometimes almost as much as the original loan amount. This balance can be paid in full, or refinanced at a new rate. Balloon loans tend to have lower rates than comparable fixed rate mortgages. They may be attractive if you need a lower initial monthly payment or plan to move before the loan "balloons."
Cash-Back Options
Cash-Out or Cash Back from your loan is a popular request from our customers. We recognize that today’s families have many needs which can cause you to require additional cash--right now! Your loan officer can advise you about cash-back options.
Any questions? Call us at (805) 876-LOAN (5626)
MRES Inc
3655 Alamo Street #202
Simi Valley, California 93063
Phone: (805) 876-5626
Fax: (805) 823-7784
Videos (show all)
Category
Website
Address
2655 First Street Suite 250
Simi Valley, CA
93065
Opening Hours
Monday | 9am - 4pm |
Tuesday | 9am - 5pm |
Wednesday | 9am - 5pm |
Thursday | 9am - 5pm |
Friday | 9am - 5pm |
1717 Simi Town Center Way
Simi Valley, 93065
Full service real estate consulting, sales, and property management. Residential - Commercial - Investment
559 Country Club Drive
Simi Valley, 93065
We are your trusted local experts for buying or selling your home!
Simi Valley
DB HOMES was created by the Buenconsejo family to carryout a mission of not only helping the family members, but also other people to sell or find their next home sweet home.
1720 E Los Angeles Avenue # G
Simi Valley, 93065
Our real estate business is built on achieving our clients goals dreams . To provide extraordinary personal service throughout the buying and selling process. To offer our experti...
1717 Simi Town Center #7
Simi Valley, 93065
I Sell homes for those that want to relocate to another state.
3107 Flanagan Drive
Simi Valley, 93063
🏡 #Realtor 🏆Short Sales and Forclosure Resource ( SFR) 📍Ventura and Los Angeles County
1720 E. Los Angeles Avenue #F
Simi Valley, 93065
Buying or selling a property in California is a big decision, which is why it’s more important than ever that you choose the right real estate professional
Simi Valley, 93065
This is a TEST account for Rapattoni Quality Assurance purposes only!!
2655 1st Street, Ste 150
Simi Valley, 93065
DRE#01868551 I'm committed to integrity and exceptional service is my #1 priority. If you're thinking of selling or a first time buyer...Call me today!
2293 Rudolph Drive
Simi Valley, 93065
Dennis Goedhart, Broker - Realtor & Mortgage loan Originator. Award Winning Service since 2002
2667 Tapo Canyon Boulevard
Simi Valley, 93063
We help you build, protect & transfer wealth through real estate. We specialize in helping seniors & their families downsize, relocate and transition into assisted living! Doing re...