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Tatiana36dd
NC
98 blogs/874 comments
since Feb 4 2012

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Conducting Protected Financial Services
Mar 28 2020 11:51AM more by Tatiana36dd
Tags: Orange County, Random (All tags)

Hope all is well with the hx community
I have decided to go full speed ahead with my loan closings where I am doing 7ft rule outside with my portable table and chairs. Mortgage rares so low I am closing 4 to 6 loans a day thru my notary biz. Not doing any one to meetups for a while as I feel safer that. Lots if extra cleaning after each outside table closing but I do what I got to do. Also, lots if pent of frustration. I need a release!
      
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artnjazz
Santa Monica, LA, CA
19 blogs/5286 comments
since Aug 10 2015

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Mar 28 2020 01:37PM     link to this

Home loans?
Tatiana36dd
NC
98 blogs/874 comments
since Feb 4 2012

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Mar 28 2020 06:44PM     link to this

Yup
GoBallsDeep
Fullerton, OC, CA
152 blogs/11237 comments
since Dec 12 2019

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Mar 28 2020 11:07PM     link to this

Someone's making loans?
I thought that biz went away and no loans wwere happening?

socaliam
CA
4 blogs/2623 comments
since Sep 3 2007

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Mar 28 2020 11:19PM     link to this

I hope to sign refi docs soon.
I've done it several times before and this one is definitely the slowest.
TheRealGuido
Dana Point, OC, CA
1111 blogs/6012 comments
since Jun 20 2007

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Mar 29 2020 12:10AM     link to this

Loans are still happening. All the loans that started when the rates came down are closing. We only had 2 weeks of no originations. Other than that, it is booming.

Rates are almost back to where they were when they came crashing down. But it won't last much longer.
TheRealGuido
Dana Point, OC, CA
1111 blogs/6012 comments
since Jun 20 2007

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Mar 29 2020 12:12AM     link to this

And the 30 day close is not happening. Unless it is a purchase. Refi's are 45 to 60.
AsianxBud
14 blogs/373 comments
since Jun 23 2012

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Mar 29 2020 07:26AM     link to this

what is the best current rate for 30 yr fixed jumbo loan?
TheRealGuido
Dana Point, OC, CA
1111 blogs/6012 comments
since Jun 20 2007

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Mar 29 2020 08:03AM     link to this

Jumbos are not great right now. All of the investors are being cautious.

Conforming rates are still good.
asphalt
Pasadena, SGV, LA, CA
12 blogs/108 comments
since Sep 15 2008

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Mar 29 2020 08:21AM     link to this

What is a conforming 30 year refi, no money out, with 60% LTV, 700 FICO going for?
socaliam
CA
4 blogs/2623 comments
since Sep 3 2007

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Mar 29 2020 09:18AM     link to this

^ I'm there with 800+, 3.125% but I locked weeks ago.
socaliam
CA
4 blogs/2623 comments
since Sep 3 2007

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Mar 29 2020 09:19AM     link to this

More like 40%LTV.
TheRealGuido
Dana Point, OC, CA
1111 blogs/6012 comments
since Jun 20 2007

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Mar 29 2020 09:54AM     link to this

40 or 60 LTV price the same..

That 3.125 is closer to 3.5 now. Maybe 3.375. Still an excellent rate for many.

You locked at the right time.
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