Mortgage Loan Officer Lee David Baer

Mortgage Loan Officer Lee David Baer and CMA, Inc. have been based in Marin County for over 30 Years and on the Better Business Bureau Honor Roll
Emphasis on Fostering Long-Term Relationships
Residential, Investment, Land, Hobby Farm, Cannabis, Commercial and Mixed-Use Property Financing
Conventional, Non-Conventional and NON QM Loan Programs
Bridge Loan Programs / Cross Collateralization Programs
Access to Special Programs Not Offered by Conventional Lender’s
SBA Financing
Reverse Mortgages
VA Financing
FHA Financing
Zero Down Payment Programs
First Time Home Buyer Seminar / Programs
Private Lending Sources
Bank Statement Qualifying Programs
INTEREST ONLY PAYMENT PROGRAMS
Foreign National and Non-Permanent Resident Alien Programs
Doctor, Nurse, Law Enforcement and First Responder Programs with Zero or Limited Down Payment
CO-OP Lending Sources
Construction Financing Sources
Home Improvement Financing
HELOC’s and 2nd Mortgages
Debt Consolidation Programs
Credit Score Improvement Programs
INSURANCE Sources for Unique Properties, High Fire Risk Zones and Extended Services Referral Network.
Modern Technology Platform offering a seamless and paperless loan application submission.

Lee David Baer
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CALBRE: 01178601 NMLS #265187
415-451-4888 X223 Office
415-302-4888 Mobile
[email protected]
CALlDRE Corp. #01170868 & National NMLS #1825

Lee Baer | California Mortgage Advisors Lee Baer DRE # & DBO: 01178601 NMLS #: 265187 Phone: 415-451-4888 x223 Email: [email protected] Profile Mortgage Loan Officer Lee David Baer and CMA, Inc. have been based in Marin County for over 30 Years and on the Better Business Bureau Honor Roll Emphasis on Fostering Long-Term Relationships Reside...

, , , , , and -Use Property Financing

Conventional, Non-Conventional and NON QM Loan Programs
Bridge Loan Programs / Cross Collateralization Programs
Access to Special Programs Not Offered by Conventional Lender’s
SBA Financing
Reverse Mortgages
VA Financing
FHA Financing
Zero Down Payment Programs
First Time Home Buyer Seminar / Programs
Private Lending Sources
Bank Statement Qualifying Programs
INTEREST ONLY PAYMENT PROGRAMS
Foreign National and Non-Permanent Resident Alien Programs
Doctor, Nurse, Law Enforcement and First Responder Programs with Zero or Limited Down Payment
CO-OP Lending Sources
Construction Financing Sources
Home Improvement Financing
HELOC’s and 2nd Mortgages
Debt Consolidation Programs
Credit Score Improvement Programs
INSURANCE Sources for Unique Properties, High Fire Risk Zones and Extended Services Referral Network.
Modern Technology Platform offering a seamless and paperless loan application submission.

Guess the listing price.

https://www.cnbc.com/2024/01/31/fed-rate-decision-january-2023.html

Fed holds rates steady, indicates it is not ready to start cutting The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting.

Announced today Standard Conforming and High-Cost Area residential mortgage loan limits have increased. Residential mortgage loan limits are county and zip code specific.

Standard Conforming:
One-unit: $766,550
Two-unit: $981,500
Three-unit: $1,186,350
Four-unit: $1,474,400

High Balance Conforming High-Cost areas:
One-unit: $1,149,825
Two-unit: $1,472,250
Three-unit: $1,779,525
Four-unit: $2,211,600
Some counties may have limits that fall between the low-cost and high-cost areas. Hawaii and Alaska have higher standard conforming loan limits.

Click the link below to find your county loan limits.

Conforming Loan Limit Map | Federal Housing Finance Agency This annual report describes FHFA's accomplishments, as well as challenges, the agency faced in meeting the strategic goals and objectives during the past fiscal year.

The Federal Reserve holds interest rates steady.

Fed holds rates steady, upgrades assessment of economic growth The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market.

Mortgage Loan Officer Lee David Baer updated their website address.

https://www.cnbc.com/2023/09/20/fed-rate-decision-september-2023-.html

Fed declines to hike, but points to rates staying higher for longer The Federal Reserve on Wednesday released its decision on interest rates and updates on the economy.

https://www.cnbc.com/2023/05/03/fed-rate-decision-may-2023-.html

Lee David Baer
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CalBRE: 01178601 NMLS #265187
415-451-4888 X223 Office
415-302-4888 Mobile
[email protected]
https://www.calmtg.com/loan-officers/lee-baer/

Fed increases rates a quarter point and signals a potential end to hikes The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.

Residential and Commercial Mortgage Lending in the States of California, Colorado, Idaho, Oregon, Texas and Washington.
https://www.linkedin.com/in/lee-david-baer-6383356/
https://www.calmtg.com/loan-officers/lee-baer/

Lee David Baer
1-415-451-4888 X223 Office
1-415-302-4888 Mobile
[email protected]
CalBRE: 01178601 NMLS #265187
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CalDRE Corp. #01170868 & National NMLS #1825

Lee Baer | California Mortgage Advisors We offer the best mortgage tools available on the Internet - easy, convenient, online shopping for the best loan programs and most current rates available, together with the assistance of an experienced live loan officer to guide you through the often difficult and confusing process of choosing and....

3.5% Down Payment Purchase Loan Scenario:
30 Year Fixed FHA Residential Mortgage Loan
$500,000 Purchase Price
$17,500 Down Payment of 3.5%
96.50% Loan to Value
$482,500 Loan Amount
*5.50% Interest Rate (6.527% APR)
$2,788 Monthly Mortgage Payment P&I
~$340 Monthly Mortgage Insurance
~$521 Monthly County Property Taxes
~$110 Monthly Hazard Insurance
Zero Points
Standard Closing Costs
*Interest rates are subject to change. Qualifying restrictions apply; Full Documentation required supporting Asset, Credit and Income. 96.5% Maximum Loan to Value/Owner Occupied/Single Family Residence or 1 Unit CONDO (Monthly HOA fee may be required ~$400). 660 Average Credit Score. ~ = Approximate. Zero Points Standard Closing Costs. Flood insurance will be required if located in a designated flood zone. An Impound Account will be required. Upfront Mortgage Insurance Premium of 1.75% (of loan amount) will be added to total loan amount. Non-Occupying Co-Borrower allowed. ~$8,500 minimum monthly income for all Borrowers with no other debt/credit cards/automobile/monthly payment liabilities. More details available upon request.
Connect with me to structure the best options for your specific scenario.

Lee David Baer
1-415-451-4888 X223 Office
1-415-302-4888 Mobile
[email protected]
CalBRE: 01178601 NMLS #265187
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CalDRE Corp. #01170868 & National NMLS #1825

3.5% Down Payment Purchase Loan Scenario:
30 Year Fixed FHA Residential Mortgage Loan
$750,000 Purchase Price
$26,250 Down Payment of 3.5%
96.50% Loan to Value
$723,750 Loan Amount
*5.50% Interest Rate (6.719% APR)
$4,181 Monthly Mortgage Payment P&I
~$629 Monthly Mortgage Insurance
~$781.25 Monthly County Property Taxes
~$125 Monthly Hazard Insurance
Zero Points
Standard Closing Costs
*Interest rates are subject to change. Qualifying restrictions apply; Full Documentation required supporting Asset, Credit and Income. 96.5% Maximum Loan to Value/Owner Occupied/Single Family Residence or 1 Unit CONDO (Monthly HOA fee may be required). 660 Average Credit Score. ~ = Approximate. Zero Points Standard Closing Costs. Flood insurance will be required if located in a designated flood zone. An Impound Account will be required. Upfront Mortgage Insurance Premium of 1.75% (of loan amount) will be added to total loan amount. Non-Occupying Co-Borrower allowed. $11,500 Minimum monthly income for all Borrower's. More details available upon request.
Connect with me to structure the best options for your specific scenario.

Lee David Baer
1-415-451-4888 X223 Office
1-415-302-4888 Mobile
[email protected]
CalBRE: 01178601 NMLS #265187
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CalDRE Corp. #01170868 & National NMLS #1825

3.5% Down Payment Purchase Loan Scenario:
30 Year Fixed FHA Residential Mortgage Loan
$1,000,000 Purchase Price
$35,000 Down Payment of 3.5%
96.50% Loan to Value
$965,000 Loan Amount
*5.625% Interest Rate (6.842% APR)
$5,652 Monthly Mortgage Payment P&I
~$839 Monthly Mortgage Insurance
~$1,041.67 Monthly County Property Taxes
~$150 Monthly Hazard Insurance
Zero Points
Standard Closing Costs
*Interest rates are subject to change. Qualifying restrictions apply; Full Documentation required supporting Asset, Credit and Income. 96.5% Maximum Loan to Value/Owner Occupied/Single Family Residence or 1 Unit CONDO (Monthly HOA fee may be required). 660 Average Credit Score. ~ = Approximate. Zero Points Standard Closing Costs. Flood insurance will be required if located in a designated flood zone. An Impound Account will be required. Upfront Mortgage Insurance Premium of 1.75% (of loan amount) will be added to total loan amount. Non-Occupying Co-Borrower allowed. More details available upon request.

Connect with me to structure the best options for your specific scenario.

Lee David Baer
1-415-451-4888 X223 Office
1-415-302-4888 Mobile
[email protected]
CalBRE: 01178601 NMLS #265187
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CalDRE Corp. #01170868 & National NMLS #1825

The Federal Reserve raises interest rates again.

Lee David Baer
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CalBRE: 01178601 NMLS #265187
415-451-4888 X223 Office
415-302-4888 Mobile
[email protected]
CalDRE Corp. #01170868 & National NMLS #1825

Fed hikes rates by a quarter percentage point, indicates increases are near an end The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.

Residential and Commercial Mortgage Lending in the States of California, Colorado, Idaho, Oregon, Texas and Washington.

LEE DAVID BAER on LinkedIn: Lee Baer Residential and Commercial Lending in the States of California, Colorado, Idaho, Oregon, Texas and Washington . . . . …

Residential and Commercial Lending in the States of California, Colorado, Idaho, Oregon, Texas and Washington


CalBRE: 01178601 NMLS #265187
415-451-4888 X223 Office
415-302-4888 Mobile
[email protected]
https://www.calmtg.com/loan-officers/lee-baer/
CMA, Inc. CalBRE Corp. #01170868 & National NMLS #1825

Lee Baer | California Mortgage Advisors We offer the best mortgage tools available on the Internet - easy, convenient, online shopping for the best loan programs and most current rates available, together with the assistance of an experienced live loan officer to guide you through the often difficult and confusing process of choosing and....

The Federal Reserve (Federal Open Market Committee) raises short term interest rates and mortgage interest rates drop/get better.

https://www.cnbc.com/2023/02/01/fed-rate-decision-february-2023-quarter-point-hike.html

https://www.calmtg.com/loan-officers/lee-baer/
Lee David Baer

California Mortgage Advisors, Inc.

4304 Redwood Highway #100

San Rafael, CA 94903

CalBRE: 01178601 NMLS #265187

415-451-4888 X223 Office

415-302-4888 Mobile

[email protected]

Lee Baer | California Mortgage Advisors We offer the best mortgage tools available on the Internet - easy, convenient, online shopping for the best loan programs and most current rates available, together with the assistance of an experienced live loan officer to guide you through the often difficult and confusing process of choosing and....

The Federal Reserve did exactly as predicted by the market influencers.

Fed raises interest rates half a point to highest level in 15 years The Federal Reserve raised its benchmark interest rate to the highest level in 15 years, indicating the fight against inflation is not over yet.

FHFA Announces Conforming Loan Limit Values for 2023
Baseline Conforming Loan Limit Will Increase to $726,200
FOR IMMEDIATE RELEASE
11/29/2022
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2023. In most of the United States, the 2023 CLL value for one-unit properties will be $726,200, an increase of $79,000 from $647,200 in 2022.
National Baseline
The Housing and Economic Recovery Act (HERA) requires that the baseline CLL for the Enterprises be adjusted each year to reflect the change in the average U.S. home price. Earlier today, FHFA published its third quarter 2022 FHFA House Price Index® (FHFA HPI®) report, which includes statistics for the increase in the average U.S. home value over the last four quarters. According to the nominal, seasonally adjusted, expanded-data FHFA HPI, house prices increased 12.21 percent, on average, between the third quarters of 2021 and 2022. Therefore, the baseline CLL in 2023 will increase by the same percentage.

High-Cost Areas
For areas in which 115 percent of the local median home value exceeds the baseline conforming loan limit, the applicable loan limit will be higher than the baseline loan limit. HERA establishes the high-cost area limit in those areas as a multiple of the area median home value, while setting the ceiling at 150 percent of the baseline limit. Median home values generally increased in high-cost areas in 2022, which increased their CLL. The new ceiling loan limit for one-unit properties will be $1,089,300, which is 150 percent of $726,200.
Special statutory provisions establish different loan limits for Alaska, Hawaii, Guam, and the U.S. Virgin Islands. In these areas, the baseline loan limit will be $1,089,300 for one-unit properties.

Due to rising home values, the CLLs will be higher in all but two U.S. counties or county equivalents.

Other Resources
List of conforming loan limits for all counties and county-equivalent areas in the U.S.
A map showing the conforming loan limits across the U.S.
Detailed addendum of the methodology used to determine the conforming loan limits.
List of FAQs that covers broader topics that may be related to CLLs.
Questions about the CLLs can be addressed to [email protected]. For more information, visit https://www.fhfa.gov/CLL.
# # #
The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $8.1 trillion in funding for the U.S. mortgage markets and financial institutions.
Lee David Baer

California Mortgage Advisors, Inc.

4304 Redwood Highway #100

San Rafael, CA 94903

CalBRE: 01178601 NMLS #265187

415-451-4888 X223 Office

[email protected]

CalDRE Corp. #01170868 & National NMLS #1825

https://www.calmtg.com/loan-officers/lee-baer/

Lee Baer | California Mortgage Advisors We offer the best mortgage tools available on the Internet - easy, convenient, online shopping for the best loan programs and most current rates available, together with the assistance of an experienced live loan officer to guide you through the often difficult and confusing process of choosing and....

As expected…

Fed raises rates by another three-quarters of a percentage point to fight inflation The Federal Reserve concluded its two-day meeting Wednesday, with markets widely expecting a 0.75 percentage point interest rate increase.

MBS Road Signs 8-29-22

Week of August 22, 2022 in Review
Fed Chair Jerome Powell gave an important speech at the annual Jackson Hole Economic Symposium, while two July housing reports showed a slowdown in signed contracts for new and existing homes. Here are the key stories:

 Fed Chair Powell Vows to Continue Inflation Fight
 Pending Home Sales Tick Lower in July
 July’s New Home Sales Fizzle
 What’s Ahead for Jobless Claims?
 Second Quarter GDP Remains Negative

Fed Chair Powell Vows to Continue Inflation Fight
The Fed’s favorite measure of inflation, Personal Consumption Expenditures (PCE), showed that inflation fell 0.1% in July, which was in line with expectations. The year over year reading declined from 6.8% to 6.3%. Core PCE, which strips out volatile food and energy prices, rose by 0.1% with the year over year change declining from 4.8% to 4.6%.

What’s the bottom line? During his speech last week at Jackson Hole, Fed Chair Jerome Powell confirmed that the Fed would continue “using our tools forcefully” to attack inflation, which remains near 40-year highs and well above their target range.

To help cool inflation, the Fed has been hiking its benchmark Fed Funds Rate, which is the interest rate for overnight borrowing for banks and it is not the same as mortgage rates. So far this year, we have seen 25, 50, 75 and 75 basis point hikes at the Fed’s March, May, June and July meetings, respectively. Counterintuitively, Fed rate hikes can be good for mortgage rates if they’re perceived to curb inflation.

The Fed will be closely watching upcoming economic reports ahead of its meeting on September 20-21, as these will play an important role in their decision regarding the size of their next rate hike.

Pending Home Sales Tick Lower in July

Pending Home Sales fell 1% from June to July, though this was better than the 3% drop that was expected. Sales were also nearly 20% lower than they were in July of last year. This is a critical report for taking the pulse of the housing market, as it measures signed contracts on existing homes, which represent around 90% of the market.

Given the time it can take to find the right home, July’s data likely reflects buyers who were house hunting in June before finding a home and signing a contract in July. Mid-June is when rates peaked earlier this year, which is why a larger decline in signed contracts was expected in July’s report.

What’s the bottom line? Lawrence Yun, chief economist for the National Association of Realtors, said he believes we “may be at or close to the bottom in contract signings,” noting that July’s modest decline reflects the “recent retreat in mortgage rates.” He added that, “Home prices are still rising by double-digit percentages year-over-year, but annual price appreciation should moderate to the typical rate of 5% by the end of this year and into 2023.”

Lower appreciation is very different from home price declines and is still very beneficial for wealth creation. For example, if someone bought a $400,000 home and put 10% down, 5% appreciation means they would gain $20,000 in appreciation over the next year and earn a 50% return on their investment due to leverage.

July’s New Home Sales Fizzle

New Home Sales, which measure signed contracts on new homes, declined 12.6% from June to July to a 511,000-unit annualized pace, coming in much worse than expected. Sales were also nearly 30% lower than July of last year. The median price for new homes was $439,400 but remember, this is not the same as appreciation. It simply means half the homes sold were above that price and half were below it.

What’s the bottom line? There is no doubt that higher interest rates have impacted demand for homes, but low inventory continues to be a factor as well. Remember, a 6 months’ supply of homes is considered representative of a balanced market. And while there were 464,000 new homes available for sale at the end of July, which equates to a 10.9 months’ supply, there’s more to this data than meets the eye.

Only 45,000 or less than 10% of the available homes were actually completed, while 23% had not even been started and 67% were still under construction. When factoring in the amount of completed homes, the month’s supply of new homes available was closer to one month, well below what’s considered balanced. On a related note, data released earlier this month from the National Association of Realtors showed that the amount of existing homes at the end of July was also below a balanced level, with just a 3.3 months’ supply available.

While we are clearly seeing an activity recession in housing, low inventory should continue to be supportive of home prices.

What’s Ahead for Jobless Claims?

The number of people filing for unemployment benefits for the first time fell by 2,000 in the latest week, as there were 243,000 Initial Jobless Claims reported. The previous week’s Initial Jobless Claims were also revised lower by 5,000. Continuing Claims, which measure people who continue to receive benefits after their initial claim is filed, decreased 19,000 to 1.415 million.

What’s the bottom line? The 4-week average of Initial Jobless Claims has remained steady in recent weeks after hitting highs not seen since late last year. This report can be the “canary in the coal mine” to show that the job market is starting to soften, but it is a lagging indicator. Given the announcements of significant layoffs from several public companies, it remains crucial to monitor whether claims increase in the weeks ahead.

Second Quarter GDP Remains Negative
The second estimate of second quarter GDP came in at -0.6%, which was unexpectedly better than the advanced estimate of -0.9% that was reported last month. Note that second quarter GDP may be revised once again when the final reading is reported on September 29. But as of now, we still have two consecutive quarters of negative GDP, given that the final reading for the first quarter was -1.6%.

What’s the bottom line? While two consecutive quarters of negative GDP is not the official definition of recession, it became a Wall Street rule-of-thumb because we have never had successive quarterly declines in real GDP without the National Bureau of Economic Research (NBER) officially announcing one. The NBER will ultimately make the call regarding whether we’re in a recession and they may wait to see some increases in the unemployment rate before doing so.

What to Look for This Week
Housing and labor sector news are the key headline makers, beginning Tuesday with home price appreciation data for June from the Case-Shiller Home Price Index and the Federal Housing Finance Agency (FHFA) House Price Index.

On Wednesday, ADP’s new Employment Report will give us an update on private payrolls while the latest Jobless Claims data will be reported on Thursday. Friday brings the Bureau of Labor Statistics Jobs Report for August, which includes Non-farm Payrolls and the Unemployment Rate.

Technical Picture
Mortgage Bonds continue to trade in a wide range between support at 99.28 and overhead resistance at the 50-day Moving Average, so it’s important to be on guard for price swings. The 10-year is currently trading in a tight range, with 3.10% as a ceiling and the psychological 3.0% level as a floor.

Interest rates are going up as the 10-year treasury is now over 3.11% (as of 4:00 pm PDT)

Lee David Baer
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CalBRE: 01178601 NMLS #265187
415-451-4888 X223 Office
415-302-4888 Mobile
[email protected]
CalDRE Corp. #01170868 & National NMLS #1825

https://www.calmtg.com/loan-officers/lee-baer/

Residential and Commercial Lending in the States of California, Colorado, Idaho, Oregon, Texas and Washington


CalBRE: 01178601 NMLS #265187
415-451-4888 X223 Office
415-302-4888 Mobile
[email protected]
https://www.calmtg.com/loan-officers/lee-baer/
CMA, Inc. CalBRE Corp. #01170868 & National NMLS #1825

Mortgage Interest Rates dropped/improved today.

Mortgage Loan Officer Lee David Baer
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CalBRE: 01178601 NMLS #265187
415-451-4888 X223 Office
415-302-4888 Mobile
[email protected]
Apply Online Button
NEW CMA LOGO 7
CalDRE Corp. #01170868 & National NMLS #1825

Fed hikes interest rates by 0.75 percentage point for second consecutive time to fight inflation The Federal Open Market Committee released its post-meeting statement Wednesday on what it will be doing with interest rates.

The Federal Reserve raises key interest rate.

Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994 The Federal Open Market Committee released its decision on interest rates Wednesday, with markets expecting a three-quarter point hike.

425 1st Street #2306, San Francisco - Presented by Anand Bayaraa & Michael Barnacle - OneRincon2306.com 425 1st Street #2306, San Francisco, CA 94105, Exceptional South Beach Condominium, Presented by Anand Bayaraa Corcoran Global Living www.Onerincon2306.com

Conforming and High Balance Conforming Residential Loan Lending Limits for 2022.
$970,800 1 Unit Max Loan Amount High Balance Conforming
$1,243,050 2 Units Max Loan Amount High Balance Conforming
$1,502,475 3 Units Max Loan Amount High Balance Conforming
$1,867,275 4 Units Max Loan Amount High Balance Conforming

$647,200 1 Unit Max Loan Amount Standard Conforming
$828,700 2 Units Max Loan Amount Standard Conforming
$1,001,650 3 Units Max Loan Amount Standard Conforming
$1,244,850 4 Units Max Loan Amount Standard Conforming
About California Mortgage Advisors, Inc.:
Based in Marin County
Better Business Bureau Honor Roll over 25 Years
Emphasis on Fostering Long-Term Relationships
Mortgage Broker/Advisor: Residential, Investment and Commercial Property Financing Strategies
Modern Technology and Access to Special Programs Not Offered by Conventional Lender’s
[email protected]
www.calmtg.com/loan-officers/lee-baer
CA BRE License # 01178601
NMLS # 265187
CA. Bureau of Real Estate Corporation #01170868
CA. Dept. of Business Oversight (CFL) #6054718
NMLS # 1825



Lee Baer | California Mortgages And Refinance | California Mortgage Advisors
CALMTG.COM
Lee Baer | California Mortgages And Refinance | California Mortgage Advisors
We offer the best mortgage tools available on the Internet - easy, convenient, online shopping for the best loan programs and most current rates available, together with the assistance of an experienced live loan officer to guide you through the often difficult and confusing process of choosing and....

Lee Baer | California Mortgage Advisors We offer the best mortgage tools available on the Internet - easy, convenient, online shopping for the best loan programs and most current rates available, together with the assistance of an experienced live loan officer to guide you through the often difficult and confusing process of choosing and....

Check out these 5% Down Payment 30 Year Fixed Rate Residential Mortgage Purchase Loan Options.

#1 30 Yr Fixed High Balance Conforming:
$986,800 Purchase Price
$49,340 Down Payment
$937,500 Loan Amount
95% Loan to Value
*3.00% Interest Rate (3.022% APR)
$3,952.54 Monthly Payment P&I
$1,027.60 Monthly Taxes
~$150 Monthly Hazard Insurance
No Mortgage Insurance Required

#2 30 Yr Fixed High Balance Conforming:
$986,800 Purchase Price
$49,340 Down Payment
$937,500 Loan Amount
95% Loan to Value
*2.935% Interest Rate (2.958% APR)
$3,919.75 Monthly Payment P&I
$220 Mortgage Insurance
$1,027.60 Monthly Taxes
~$150 Monthly Hazard Insurance

#3 30 Year Fixed Conforming:
$657,900 Purchase Price
$32,895 Down Payment
$625,000 Loan Amount
95% Loan to Value
*2.99% Interest Rate (3.029% APR)
$2,631.66 Monthly Payment P&I
$685 Monthly Taxes
~$125 Monthly Hazard Insurance
No Mortgage Insurance Required

#4 30 Year Fixed Conforming:
$657,900 Purchase Price
$32,895 Down Payment
$625,000 Loan Amount
95% Loan to Value
*2.75% Interest Rate (2.779% APR)
$2,551.51 Monthly Payment P&I
$170 Mortgage Insurance
$685 Monthly Taxes
~$125 Monthly Hazard Insurance
*Interest rates are subject to change. Qualifying restrictions apply; Full Documentation required supporting Asset, Credit and Income. 95% Maximum Loan to Value/Owner Occupied/Single Family Residence or 1 Unit CONDO (Monthly HOA fee may be required). 770 Lowest Middle Credit Score. ~ = Approximate. Zero Points. Closing Costs apply to all options. High Balance Conforming rates are available by zip code only if located in a designated high-cost area. California properties only. An Impound Account will be required.

Let’s connect and structure the best options for your specific
scenario.

Lee David Baer
1-415-451-4888 X223 Office
1-415-302-4888 Mobile
[email protected]
CalBRE: 01178601 NMLS #265187
California Mortgage Advisors, Inc.
4304 Redwood Highway #100
San Rafael, CA 94903
CalDRE Corp. #01170868 & National NMLS #1825