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: We received a phone call from one of our Realtor's clients who was looking to purchase around $2,5000,000 with 20% down
and they had been pre-approved with their Credit Union. They have purchased and refinanced 8 different times and had always used their
Credit Union because of the Banking relationship they have. In this particular case their Credit Union had pre-approved them for a maximum
of $1,700,000 but with this purchase being much larger than any of their prior homes they decided to take a look at other options. They felt as
if their income and financial picture should allow them to buy around $2,500,000 but the financing options the Credit Union had presented was
holding them back.
SOLUTION: After having a detailed conversation with them and looking at their entire financial picture we realized that their Credit
Union was not giving them full credit for their bonus income. This was holding them back as far as their purchase price was concerned and
in turn capping their pre-approval. We were able to have their loan fully underwritten prior to making an offer and we were able to ap-
prove them for exactly what they were looking to do. Our clients were also able shorten the loan contingency period and close of escrow
because of our process and in turn make their offer at $2,500,000 look even more attractive. By having a customizable process, the experi-
ence to navigate the Jumbo Purchase market and a platform geared towards the South Bay's needs we are able to provide solutions where
other lenders fall short.
310.607.0131
