TEAMBLOG

Dear Friends,

We are awaiting the official notice by FNMA & FHLMC in regards to the raising of the conforming loan limits from $417,000 to $729,750.

Once this occurs, the REFINANCE BOOM will be in full force! We are excited at the prospect of helping Jumbo borrowers secure competitive fixed rates. It is our understanding this 'Stimulus' loan program will end by December 31, 2008.

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We are expanding our office hours. Due to the large volume of loan originations, our office will open promptly at 930AM. Our Lunch Hour is from 1230PM until 130PM. Our office will close at 530PM, Monday through Thursday and we close at 4PM on Fridays. Our office will be open on Saturdays until further notice from 9AM until 12PM. We are closed on Sundays.

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Former clients will be receiving either a mailer or a call from our office in the next few weeks. Our goal is to provide you with an incentive to refinance your home loan with us again! You'll be pleasantly surprised!

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Many economists have mentioned the likelihood of a Recession. If this takes hold in the US Economy, we strongly believe the Federal Reserve will step in again to lower interest rates. While there are differing opinions in regards to the overall direction of mortgage rates in the near future, rates will be spiraling downward.

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Please check our previous TEAMBLOGS regarding the necessity to be prepared once you've decided to refinance or purchase a home. Have all of your financial papers in order. Being organized will help expedite the processing of your loan.

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To all Union Members in California. Please call our office for additional incentives as we are eager to process your loan as quickly as possible! Please call our office for more details!

Our office number is 323-936-3232.

Thanks Again