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 long time clients in Manhattan Beach has been looking to purchase a vacation home but every home they liked
would go pending within a day or would have multiple offers. They wanted to figure out if there were any financing options that would give
them a competitive advantage against other buyers.
SOLUTION: We looked at their overall real estate profile and realized that because of the amount of equity in their primary home,
in combination with the historically low interest rates there was an option to look at their new purchase differently. We were able to
structure a cash out refinance on their current home to give them $800,000 cash out to use for the purchase of their vacation home while
keeping the interest rate the same as they had before. This allowed our clients to utilize the primary residence tax deduction for the
mortgage interest but it also turned them into a cash buyer for their vacation home. They were now able to write offers with no loan
or appraisal contingency and a 7 day close of escrow. This put them at a distinct advantage against other buyers and this is just one of
many examples how as a mortgage planning practice we're able to help our clients do more than just get a mortgage. We're able to be a
strategic financial partner that helps our clients build wealth and achieve their goals.
310.607.0131
