Cindy Tomlinson, FHA, Conventional, USDA, First Time Buyer Mortgage Loans

While home loans in Redding have been getting busier wtih the winter soon behind us, we still have good reason to encourage those first time home buyers we know.

Our Redding Homebuyers need to act soon! The tax credit for home buyers is expiring in about 44 days. If you know any prospective homebuyers holding out on purchasing a home, we may need to encourage them to rethink why they are. The government has recently confirmed that the tax credit will not be extended again!

I am happy to assist you in every way possible to make homeownership happen for you, your clients, friends or family. Please use my home search tool at http://www.norcallender.com/forms/findAHome.html. I assist buyers with their home loans in Redding and surrounding areas.

Feel free to contact me anytime at 530-722-3150 or cindy@norcallender.com.

Here in Redding CA, we are seeing the sunshine all week. It is waking up our buyers! There are still many opportunities for families in to buy a home in Redding and surrounding areas. Home loan programs such as USDA, and FHA are available to allow our Homebuyers to obtain financing with as little as 0-3.5% downpayment. Buyers can search for listings at http://www.norcallender.com/forms/findAHome.html

I am available to assist buyers with their home loans in Redding CA and all throughout CA. Feel free to contact me at 530-722-3150 or cindy@norcallender.com.

A few positive things I wanted to mention is what is coming in our future. They say 80% of the buyers in 2010 will be 1^st time homebuyers. That is awesome! You must know that a 1^st time homebuyer is not someone who has never owned a home, but actually it is someone who has not owned within the last 3 years. This means along with the new buyers who are purchasing their very 1^st house, we are forecasted to have prior homeowners purchasing a new home again. Hopefully to include some of those who have recovered from losing their home in the beginning of this real estate collapse?

The times we are in right now may not be able to benefit everybody, but it sure is a nice thing to put the spotlight on, knowing that many families will be able to take advantage of the times we are in. Many of my clients have had success in finding a new home to own, and paying very close to what they have been paying in rent. Add the IRS tax incentive to the mix, and it is a winning combination.

We are a direct mortgage banker for FHA, USDA, VA and Conventional programs.

If you know anyone that could use the help of a professional mortgage banker, please feel free to give me a call. I am thankful for the opportunity to assist you in any way I can. 530-722-3150 or cindy@uslendingcompany.com

The tax credit expiration is only 75 days away. Buyers delaying any longer on their decision to purchase a home is in all likely-hood going to knock them out of receiving the first time homebuyer's tax credit of up to $8,000. Even as recently as today, the government has not indicated that they will extend the credit beyond November 30th.

As you know, it is taking sometimes 45 to 60 to even 90 days to close on a home.If buyers do not locate a home by the end of this month, the chances on them closing in time to be eligible for the credit narrowing.

I know you may be tired of seeing me and others write to you about this, it is just that I hate for people to miss out on great opportunities when it comes to purchasing real estate. If I can be of any assistance to you in any way, please feel free to call me directly at 530-722-3150.

Call Me Today for More Information About:

• Purchasing w/Low Down
• FHA Loans
• VA Loans
• USDA 100% Financing
• 203k Rehabilitation Loans
• Refinancing to Lower Your Payment
• Refinancing for: Cash Out, Debt Consolidation, Remodeling, etc.
• Reverse Mortgages for Seniors
• Home Equity Line of Credit
• Construction Loans
• Commercial Property Loans

If you know anyone that could use the help of a professional mortgage broker, please feel free to give me a call. I am thankful for the opportunity to assist you in any way I can.

I appreciate your business and look forward to talking to you soon! Have a great day!!!

Sincerely,

Cindy Tomlinson
Loan Officer

USLending Company

DRE Lic # 01520422

530-722-3150 Office

Email- cindy@uslendingcompany.com

or visit my website:
www.realestateloanca.com

To date, this has to be the best solution for struggling home owners who are facing foreclosure! Hope for Homeowners is the program we have been waiting for. The program will let hundreds of thousands of homeowners trapped in mortgages they can't afford on homes that have decreased in value escape foreclosure by refinancing into a more affordable, fixed-rate FHA loan.

Affordability vs. value: The current lenders will take a loss on the difference between the existing lien and the new loan, which is based on 90% of current appraised value. The lender may choose to provide homeowners with an affordable monthly mortgage payment through a loan modification rather than accepting the losses associated with declining property values.

Borrower eligibility: Lenders that determine the H4H program is a feasible and effective option for mitigating losses will assess the homeowner's eligibility for the program:

* The existing mortgage was originated on or before January 1, 2008;

* The existing mortgage payment(s) as of March 1, 2008 exceeds 31% of the borrowers gross monthly income;

* The homeowner did not intentionally default, does not have an ownership interest in other residential real estate and has not been convicted of fraud in the last 10 years under Federal and state law; and

* The homeowner did not provide materially false information (e.g., lied about income) to obtain the mortgage that is being refinanced into the H4H mortgage.

Details are still arriving daily on the "How, What and Where" of this program, and I am in line to get that information.

If you, or any of your family and friends have any questions on this program, or others, Call me today to discuss your situation.


Please forward this to anyone you know who might benefit from a consultation.

Cindy Tomlinson
Loan Officer
USLending Company

530-722-3150 Office

Email- cindy@uslendingcompany.com
or visit my website: www.realestateloanca.com