Matt Steinmetz's Blog » Uncategorized http://mattsteinmetz.com/blog Mortgage Related News Mon, 30 Jan 2012 18:16:17 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Use Future Rents to Qualify http://mattsteinmetz.com/blog/use-future-rents-to-qualify/ http://mattsteinmetz.com/blog/use-future-rents-to-qualify/#comments Tue, 24 Jan 2012 19:48:42 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=592 Continue reading →]]> Did you know that you can use future rents to qualify for a new home purchase?  For example if you currently own a home and want to buy a new home, converting your current home into a rental, the projected rent that you will receive counts toward qualifying income on the new home.  Of course the debt from the current house is still I’m play but the rents can make it a wash, so you aren’t hit with both mortgages. 

A few things to mention are that we don’t require you to have landlord experience, but we do need to show 20-25% equity I’m the home you are vacating in order to use rents to qualify.

Comment below if you have questions and share this with the buttons below as well.

Matt Steinmetz

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]]> http://mattsteinmetz.com/blog/use-future-rents-to-qualify/feed/ 0 HARP Updates- This May be Huge! http://mattsteinmetz.com/blog/harp-updates-this-may-be-huge/ http://mattsteinmetz.com/blog/harp-updates-this-may-be-huge/#comments Mon, 24 Oct 2011 15:55:17 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=515 Continue reading →]]>

Click here to view the embedded video.


In this video:
The refinance program for underwater borrowers has helped some but has also taken a lot of flack because of it’s limits.  Well that may be no more!!!
Fannie Mae and Freddie Mac will be rolling out updated guidelines to allow borrowers to refinance regardless of how much they owe, their appraised value.  This means it doesn’t matter how underwater you are, if your loan is owned by Fannie Mae or Freddie Mac you may benefit.  Those of us with second mortgage and HELOCS may still benefit assuming the second lender agrees to re-subordinate.

Watch the video and leave comments here.  Be sure to share this with your friends, family and co-workers because this may help a lot of people.

Matt Steinmetz
Envoy Mortgage

Concord, CA Contra Costa County
925-548-3983

 

]]> http://mattsteinmetz.com/blog/harp-updates-this-may-be-huge/feed/ 1 ReBar Camp East Bay http://mattsteinmetz.com/blog/rebar-camp-east-bay/ http://mattsteinmetz.com/blog/rebar-camp-east-bay/#comments Fri, 26 Aug 2011 18:06:37 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/rebar-camp-east-bay/ Continue reading →]]> Today I am attending ReBar Camp in San Ramon, Ca. If you are not familiar with Bar Camps, think open forum with experts and newbies who teach, share and discuss ideas for marketing and advertising. Currently I am in a WordPress class, I love learning about techy stuff!

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]]> http://mattsteinmetz.com/blog/rebar-camp-east-bay/feed/ 0 Happy 4th of July http://mattsteinmetz.com/blog/happy-4th-of-july/ http://mattsteinmetz.com/blog/happy-4th-of-july/#comments Sat, 02 Jul 2011 04:17:47 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/happy-4th-of-july/ Continue reading →]]> I am sitting here with my wife after a busy month of June and am thankful for all that I have. I hope you are doing the same as me and I wish you all a Happy 4th of July weekend. Enjoy yourselves!

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]]> http://mattsteinmetz.com/blog/happy-4th-of-july/feed/ 0 Top Branch Award http://mattsteinmetz.com/blog/top-branch-award/ http://mattsteinmetz.com/blog/top-branch-award/#comments Fri, 11 Mar 2011 20:00:42 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/top-branch-award/ I had forgotten that this was en route, so I was pleasantly surprised when I opened the box!

Matt Steinmetz
Envoy Mortgage
Concord, CA Contra Costa County

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]]> http://mattsteinmetz.com/blog/top-branch-award/feed/ 0 Realtor Meeting is Packed! http://mattsteinmetz.com/blog/realtor-meeting-is-packed/ http://mattsteinmetz.com/blog/realtor-meeting-is-packed/#comments Tue, 08 Mar 2011 17:20:06 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/realto-meeting-is-packed/ Continue reading →]]> Today’s Realtor meeting in Walnut Creek was packed. Does this mean the market is picking up? I know we are all ready.
For great products and services call me or visit http://www.envoy925.com

We offer FHA, VA, 203k streamlines, Escrow Holdbacks and many more options.

We normally close 30 days or sooner. Our turn times are fast, currently at 48 hours.

For more info visit www.envoyca.com

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]]> http://mattsteinmetz.com/blog/realtor-meeting-is-packed/feed/ 0 Flips and Escrow Hold Backs http://mattsteinmetz.com/blog/flips-and-escrow-hold-backs/ http://mattsteinmetz.com/blog/flips-and-escrow-hold-backs/#comments Tue, 01 Mar 2011 17:21:36 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/flips-and-escrow-hold-backs/ Just gave a brief presentation on using escrow hold backs to fix minor issues after closing with and the ability to do loans on homes that have been owned less than 90 days, otherwise know as flips.

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]]> http://mattsteinmetz.com/blog/flips-and-escrow-hold-backs/feed/ 0 http://mattsteinmetz.com/blog/365/ http://mattsteinmetz.com/blog/365/#comments Sun, 30 Jan 2011 19:37:19 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=365 Continue reading →]]> I am proud to be one of the Branch Mangers for Envoy Mortgage in California. My office is located in Concord, CA in Contra Costa County. I hope you’ll find the information offered within mattsteinmetz.com helpful and the loan programs not only convenient, but very competitive.

We offer many loan products like FHA, VA, CalHFA,and more. We do Flips, meaning we lend on homes that have been owned for less than 90 days. We can approve condo complexes for Fannie Mae and FHA financing and we have down payment assistance for those who qualify.

Give me a call and ask what products are right for you. Do not assume that you don’t qualify for this or that, I have seen amazing things happen. In most cases I can assist with fixing credit issues as well. 

Most of our loans close in less than 30 days and our normal underwriting time from submission to approval is 2 business days. Envoy Mortgage can fund your loans fast! Guidelines and conditions must be met for all loan programs so call me, Matt Steinmetz, to see if your scenario works.

Thank you,
Matt Steinmetz  nmls# 221315
Envoy Mortgage
2151-A2 Salvio St.
Concord, CA 94520

Office: 925-671-9501 x119
Fax: 925-671-9512

FHA * VA * HomePath * CalVet * FHA 203K * Less Than 90 Day Flips * USDA * Condo Approvals * Escrow Holdbacks * and now Up to 8 Financed Properties
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]]> http://mattsteinmetz.com/blog/365/feed/ 0 Even Lower Mortgage Rates http://mattsteinmetz.com/blog/even-lower-mortgage-rates/ http://mattsteinmetz.com/blog/even-lower-mortgage-rates/#comments Fri, 08 Oct 2010 16:16:22 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=354 From What I see, today is showing the lowest rates we’ve ever seen.

Matt Steinmetz
Envoy Mortgage

Concord, CA

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]]> http://mattsteinmetz.com/blog/even-lower-mortgage-rates/feed/ 0 Follow Envoy on Face Book http://mattsteinmetz.com/blog/follow-envoy-on-face-book/ http://mattsteinmetz.com/blog/follow-envoy-on-face-book/#comments Mon, 06 Sep 2010 17:03:23 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=318 Envoy Mortgage- CA is the fan page of the Concord, CA Envoy Mortgage Office.  Find us on Facebook and “like” our page.

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