|Carmen G. Gutierrez
Real Estate Professional
with Mark 1 Real Estate
B.R.E. Lic.# 01193488
|I've been providing unmatched service
I have helped hundreds of people just
like you to accomplish
their real estate and mortgage
Homeowners: Get a Mortgage
Viewing your mortgage as a
financial instrument that can help
you save money and achieve
other life goals is a
smart move. It all begins with your
Refinance your FHA loan into a new conventional
loan and get rid of your monthly mortgage
- Property values are up, which may help you
- Good credit score required, some exceptions
- Also, consider simply streamlining your FHA into
another one with a lower interest rate
- Some loas are at NO upfront costs to you!
CONTACT ME TODAY TO FIND OUT IS YOU QUALIFY FOR THIS
OR OTHER AVAILABLE PROGRAMS.
WHEN YOU REFINANCE YOU ARE MAKING YOUR LIFE EASIER,
IN MANY CASES YOU MAY SAVE UNNECESSARY MONTHLY
FEES. PLEASE, MAKE THAT PHONE CALL TODAY.
- HARP Program
- Second homes
- Investment property
- Vaction home loans
- First-time home buyer
NO MONEY DOWN!
Do you know that you may be
able to get a grant that will pay
for your down payment and
closing costs on the purchase of
a home you can afford?
Call me for details.
Carmen G. Gutierrez, always at
|Call me for a FREE consultation.
|The fantastic home loan designed
forhomeowners who otherwise wouldn't
qualify refinance to a lower rate and
make their payments more affordable.
Program offered through Mark 1 Mortgage an Equal
|Don't spend your time regretting yesterday. It leaves little time to live today!
|Find out how to Buy
a house with
THE PERFECT INCOME
Three fantastic units in
Well maintained, over 17,000 sq. feet lot!
Security cameras, Each unit has air
conditioning. Sewer connected. NO septic
tank! Long concrete driveway, close to
shopping centers, Good tenants.
Carmen Gutierrez's Website
Realtor/Loan Officer with
Mark 1 Real Estate and Mortgage
|To sell your home and relocate to
another one, please call me at
For tax advice, please consult your
professional tax advisor or CPA
Beautiful Clean, pool house in
3 bedrooms/2 bathrooms on large
corner lot! $490,000
Well kept 3 bedroom/2 bath home in
Lots of upgrades $290,000
Lots of potential! Gorgeous home in
Diamond Bar (It needs a few
cosmetic repairs) Two story home
with 3 bedrooms and 3 bathrooms,
family room, fireplace and more!
Priced under market value for a
quick sale! $699,000
C.A.R. OPPOSES MORTGAGE TAX
C.A.R. (California Association of Realtors) has issued a statewide Call-for-Action asking California REALTORS® to contact their Member of Congress to
oppose a proposal to tax mortgages to pay for highways. This provision was included in the Senate version of the long-term Transportation bill. While
the U.S. Senate has already passed the bill, the House has not passed its version of the legislation. REALTORS® are asked to call their Congressional
Representative to ask that the tax not be included in the House version of the bill.
Please Call Your Representative TODAY!
Enter your NRDS ID followed by the "#" key to be connected.
If you wish, you can bypass the first part of the message by entering your PIN, followed by the # sign, at any time. You may also bypass the 2nd part of
the message by hitting the "1" key to be directly connected to your legislator's office.
Ask your Representative to OPPOSE efforts to fund transportation with a mortgage tax!
A portion of every conforming loan, (those backed by Fannie Mae and Freddie Mac) is a fee used to offset losses from bad loans and to pay for the
administrative costs of running these companies. These are called guarantee fees (or g-fees). In 2011 Congress added on a tax of an additional 10
Basis Points, equal to .1% of the value of the loan, to the guarantee fee of every new loan to fund an extension of unemployment benefits. That "add
on" tax was due to expire in 2021 and loans originated after that date would not be subject to the additional fee.
The U.S. Senate just passed a long-term transportation funding bill that extends the "add-on" fee until 2025 for all new mortgages in order to pay for
transportation infrastructure. As an example using real numbers, buyers purchasing a median priced California home of $489,560 using a typical
conforming loan with a 20% down payment and a 4% interest rate will pay an additional $8,100. This figure is sure to rise with an increase in sales
prices. This "g-fee" is actually a disguised tax on homebuyers.
C.A.R. Opposes this Tax Because:
· It's a mortgage tax, pure and simple. Congress may want to call it a fee, but it's used for purposes unrelated to the mortgage, and is a tax. It's
disingenuous to say otherwise.
· The g-fee should only be used for its intended purpose. G-fees are meant to reduce Fannie Mae and Freddie Mac's (and therefore the
taxpayers') exposure to the risks associated with guaranteeing a mortgage and for the operation of these companies. G-Fees are intended to act like
mortgage insurance - This money should not be siphoned off for the general fund.
· It's a tax on homebuyers. While everyone would benefit from improved infrastructure, not everyone pays. A significant portion of the cost would be
borne only by those purchasing homes using a conforming loan. Traditionally, gas taxes have borne the burden, and are a fairer mechanism.
· It will make mortgage finance reform more difficult. By extending this tax on homebuyers, Congress will only make it more difficult to reform the
mortgage finance system. This is because any subsequent bill that changes Fannie Mae and Freddie Mac would "cost" the Treasury money and
Congress would have to find an offset for that cost.
· It will further erode housing affordability. In most areas of California, purchasing a home remains unaffordable to many. Adding yet another cost,
in the form of this tax, to homeownership will prevent even more families from owning a home. Adding another $8,000 or more to the median priced
home will price thousands of prospective homebuyers out of the market.
For More Information
Please contact DeAnn Kerr at firstname.lastname@example.org.
09/09/2015 10:31 AM