Mortgage rates could change daily. Actual payments will vary based on your individual situation and current rates. Some products may not be available in all states. Some
jumbo products may not be available to first time home buyers. Some restrictions may apply. Based on the purchase/refinance of a primary residence. Credit and collateral
subject to approval. Loan to value, debt to income and cash-out restrictions may apply. Programs, rates, terms and conditions subject to change without notice. Please
remember that we don't have all your information, so this does not constitute a commitment to lend. Therefore, the rate and payment results may not reflect your actual
situation. To get more accurate and personalized results, please call (800) 357-4077 to talk to one of our mortgage bankers. Watermark Home Loans 100 Spectrum Center
Dr Ste 150, Irvine, CA 92618-4964 DRE License Number 01523306 NMLS ID: 1838 Regan Hagestad: NMLS 57351 Matthew Disalvo NMLS 1416809
RECENT LOAN SUCCESS STORY
CHALLENGE: One of our past clients called wanting to look at some options to purchase a larger home but they thought
they would need the equity from their current home in order to make the purchase. They were concerned that their new offer
wouldn't be taken seriously if they made a contingent offer and they were also concerned that if they got too large of an initial
loan it would make the payments not affordable after their current home sold.
SOLUTION: Our clients were able to make a non-contingent offer with only 10% down on a $2.25mm home prior to selling
their existing home. They were able to do some minor upgrades to their new home while living in their current home and they
didn't have to worry about a stressful timeline for their move. Once they sell their existing home they will take the additional
money they receive from their sale and pay down the new loan. When they do this they are also able to recast their payment
allowing them an affordable payment for the long term without impacting the initial loan terms which gives them security. Being
a mortgage planning practice with access to creative financing options we were able to achieve our client's goals and they were
able to move up before their current home sold.
310.607.0131
