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 on their primary home,
in combination with how financing is done on 2nd homes there was a different way to view their new home purchase. 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 lowering the blended rate compared to keeping their current mortgage and using 2nd home financing for the purchase.
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
