Sarasota Home Loans | Sarasota Mortgages | Locally Owned

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SO YOU MAY HAVE MISSED THE LOWEST INTEREST RATES

Sure, you may be one of the many who have missed the period of the lowest interest rates offered, but rates are still extremely low meaning that mortgage payments are still unbelievably low, in most cases much lower than rent payments, thus, a very smart choice compared to paying rent!

So whether you are thinking about purchasing a home or refinancing, now is still a great time to do so!

For example:

A $180,000 mortgage loan amount at 4% interest on a 30 year fixed mortgage has principal and interest payments of only $859 per month. Add monthly escrows for real estate taxes at $150 per month and homeowners insurance of $150 per month and the total monthly payment is about $1,160 per month. Let’s face it, in today’s rental market, it will probably cost more than that to rent a good home in a good neighborhood. So why rent, when you can own?!

Don’t believe what you may have heard from others and what the media is saying – that there are no mortgage loans available for people that want to buy a home. IT IS SIMPLY UNTRUE – THERE ARE PLENTY OF HOME LOANS AVAILABLE FOR PEOPLE THAT WANT TO BUY A HOME.

Please call us today so that we can use our experience and knowledge of the local Sarasota marketplace to guide you through the process of qualifying to buy your home. Don’t go to the big banks and be treated like a number. Let us sit down with you to provide you with our local knowledge and personalized, friendly service custom tailored to your needs. PLEASE CALL US TODAY AT 941-795-7525 SO THAT WE CAN SCHEDULE A TIME TO WELCOME YOU TO OUR OFFICES TO HELP YOU GET MORTGAGE FINANCING TO PURCHASE YOUR NEW HOME OR REFINANCE YOUR CURRENT LOAN TO A LOWER RATE TO START SAVING YOU MONEY!

Believe it or not, we can help you find a lender that can match or beat the interest rates that the big banks offer with lower closing costs while giving you the personal, neighborhood service you deserve. Sarasota home loans are our specialty, helping people with Sarasota mortgages for over 10 years, locally owned and operated to provide you the best service possible and helping customers find home loan mortgages at low interest rates, with low closing costs.

Refinance – Upside Down Homeowners Whose Home Value Is Less Than Mortgage Amount – Another Year Of Tax Breaks!

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Refinance – Upside Down Homeowners Whose Home Value Is Less Than Mortgage Amount – Another Year Of Tax Breaks!

Great news for struggling homeowners who owe more on their primary residence home mortgage loan than their home is worth. The law that exempts from being taxed as income the amount of debt forgiven by their lender that would otherwise be deemed taxable income but for the exemption has been extended by Congress.

Thus, if you are 1) facing foreclosure, 2) considering granting to the lender a deed in lieu of foreclosure, 3) considering a short sale, 4) considering a loan modification, or 5) one of the fortunate small percentage of homeowners who have been granted a principal reduction, but have not completed any of the preceding as of December 31, 2012, you are in luck! The law, known as the Mortgage Debt Relief Act of 2007, that grants homeowners an exemption from being taxed on the amount of certain forgiven debt, remains exempt from taxation through the end of 2013.

REFINANCE YOUR HOME LOAN MORTGAGE TO TODAY’S HISTORICALLY LOW INTEREST RATES EVEN IF YOU OWE MORE THAN YOUR HOME IS WORTH! YES, if you have not missed any mortgage payments and you would like to refinance your mortgage loan to take advantage of today’s historically low interest rates to lower you monthly mortgage payments, you still can! It does not matter if the outstanding principal balance of your mortgage (the amount you owe to your lender on your home loan) is substantially more than the current fair market value of your home (the amount a buyer is willing to pay for your house in today’s market). That’s right, even if your home is underwater, your home is upside down, you still may qualify to refinance your home loan to a much lower interest rate!

FOR A FREE EVALUATION AS TO WHETHER YOU QUALIFY TO REFINANCE YOUR HOME LOAN TO TAKE ADVANTAGE OF TODAY’S HISTORICALLY LOW INTEREST RATES TO LOWER YOUR MONTHLY MORTGAGE PAYMENT, CALL 941-795-7525 TODAY. WE ARE STANDING BY READY TO HELP YOU START SAVING MONEY!

HARP loans in Sarasota Florida, HARP loans in Bradenton Florida, refinance my home loan in Sarasota Florida, refinance my home loan in Bradenton Florida, mortgage refinance, home loan refinance, meeting all of your mortgage financing needs.

LEGAL – THIS POST IS NOT INTENDED TO BE NOR SHALL IT BE DEEMED TAX ADVICE – I am a real estate and business lawyer that handles short sales, loss mitigation, asset protection, foreclosure defense and other work-out solutions as well as many other matters related to real estate, business and other areas of the law. I AM NOT A TAX LAWYER, CPA, or ACCOUNTANT. As such, you should always consult with a CPA when seeking advice on tax matters.

Home Value Upside Down Home Loan-Refinance Today-HARP II

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HARP II

Is your home worth less than you owe on your mortgage? If so, you are not alone. Fortunately, there is a new home loan program designed just for you! The HARP II loan program is here! Let us help you lower your mortgage payments and interest rate today.

Have you been turned down by your own lender? Has your loan been declined by other lenders? No problem. Not all HARP II lenders are the same. Many of them limit the loan to value ratio to as low as 105% and that may be why your loan was declined. Not the lenders we work with. We work with lenders that approve loans many other lenders will not touch. And no, not at higher rates than everyone else is getting; but at interest rates that are nearly the same as those everyone else seems to be getting! Yes, that’s right, even though your home is way upside down, you may still have the opportunity to take advantage of the low interest rates that are available to those whose homes are not under water.

So if you are still reading this article, chances are that the amount of your mortgage is higher than the value of your home. So, how much higher is it? 25% higher? 2 times the value of your house? 3 times? Believe it or not, there is a very good chance that we have access to a lender that will still approve your loan! And not at high interest rates, but at rates that are nearly the same as those a comparable borrower with an 80% loan to value ratio would get.
For example, let’s say your home is worth/has a value of $200k. Is the balance of your home mortgage $400k? That’s a 200% loan to value ratio. No problem.
For example, let’s say your home is worth/has a value of $125k. Is the balance of your mortgage $375k? That’s a 300% loan to value ratio. No problem!

Of course, you must meet certain requirements to qualify for the loan. There is no “catch.” It is simply the same case as it is with all loans – there are certain requirements that you must meet to qualify for a loan. For example, one of the criteria is that your income must be sufficient to afford the monthly mortgage payment. Fair enough, right? Please call us today for a free analysis of your situation and determination of whether we can find a solution custom tailored for you to help you start saving money as soon as possible – 941-795-7525.

Our goal is to help those with underwater homes, upside down homes, homes with the mortgages higher than the value of the home, home value upside down home loans, home value underwater home loans. We realized that there are many of you out there in our community. Let us help you.

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About Michael D. Wyckoff

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PERSONAL PROFILE OF MICHAEL D. WYCKOFF

Believe it or not, I am a Florida native. I was born in Tallahassee, Florida, grew up in Gainesville, Florida (Go Gators!), have moved to various cities throughout Florida and now live in beautiful downtown Sarasota, Florida, where I have resided since 2007. Being a Florida native, I am a water nut. If you do it in, on, or around the water, I am ready to go! So when I have spare time, I enjoy fishing, boating, beaching it, swimming, kayaking, scuba diving and observing nature. I also love to travel. One of my many goals in life is to see the world. I think I have traveled to over 30 Countries and have quite a few to go. We have one life to live on this planet, so why not experience as many places and cultures as possible. Thank you for visiting my website and I look forward to being of service in any way that I may be of help.

BACKROUND/EXPERIENCE:

Born Tallahassee, Florida, December 19, 1965.

Admitted to Florida Bar, 1993.

Education: University of Florida (B.S.B.A., With Honors, 1988); Florida State University (J.D., With Honors, 1992). Received book award for Commercial Paper. Member of Journal of Transnational Law & Policy.

Member: Past member of the Manatee County Bar Association; current member of the Florida Bar (Member, Real Property, Probate and Trust Law Section).

Chairman of the Real Property Law Section of the Manatee County Bar Association for 1999/2000.

United Way Allocations Committee member for 1998/1999, 1999/2000, 2000/2001 and 2001/2002 campaigns.

Practice Areas of Concentration: Real Property Law, Business Law, General Commercial Transactions, Commercial Financing and Loan Transactions; Real Estate Transactions; Commercial Sales and Purchases, Foreclosure Defense, Loan Work-Outs, Bankruptcy Matters.

Member of the Board of Directors of the Anna Maria Island Chamber of Commerce (1999/2000, 2000/2001 and 2001/2002).

Title insurance agent for Attorneys’ Title Insurance Fund, Inc.

Past member of the Manatee County Economic Development Council Finance Task Force.

Established Gold Key Title, LC in February, 2000.

Established Gold Key Mortgage Services, LC, November 2001.

Refinance? Short Sell? Foreclosure? What Should I Do?

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Refinance? Short Sell? Let It Go To Foreclosure? What Do I Do?

Is your home worth less than your mortgage(s)? (Is your home underwater, upside down mortgage?) Are you having trouble making your mortgage payments? Are you unsure whether you should 1) refinance your mortgage to lower your interest rate and lower your monthly payments, 2) short sell your house, 3) let your home go to foreclosure. If so, you are like many others is our community that are facing similar financial challenges. These questions are not easy to answer. Fortunately, as a real estate lawyer and mortgage consultant, I can help you navigate your way through the minefield of issues involved in making your decision and I am happy to be in a position to do so.

HARP refinance loans are here! Now you may be able to take advantage of today’s lower interest rates and lower your monthly mortgage payments! A new government sponsored program allows many homeowners who owe more than their home is worth to take advantage of today’s low interest rates to lower their monthly mortgage payments! So why wait, call us today for a free consultation and evaluation of whether you may qualify for this life-changing program. Prior to this program release, many people were stuck with their high monthly mortgage payments and no way out. Not anymore. Start saving today! Call 941-795-7525 for a free consultation. Your Sarasota, Bradenton, Manatee County, Florida, mortgage company assisting customers whose homes are underwater, who have upside down home loans-upside down mortgages, home loans that are higher than their home is worth look forward to a richer future! If you find yourself saying “my home is worth less than my mortgage”, “my home is upside down”, “I can’t afford my payments”, “I need to lower my mortgage payment”, “I want a lower monthly payment”, “I want a lower interest rate”, then call us today. We can help! HARP loan, HARP mortgage loan, HARP home loan, HARP refinance, upside down home loan, mortgage Sarasota Florida, mortgage Bradenton Florida, refinance Sarasota Florida, refinance Bradenton Florida.

Harp Loans are here

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HARP loans are here! Is your home value upside down? Do you owe more than your home is worth? No problem! You may be qualified to take advantage of a new government sponsored loan designed to provide refinancing to primary residence homeowners who owe more on their mortgage than their home is worth. Refinance today to lower your interest rate and monthly mortgage payments. Start saving money now with a HARP home mortgage loan.

Before these new government sponsored programs recently became available, if the mortgage balance on your home was greater than the value of your home, refinancing was not available. For example, if the interest rate on your mortgage loan was 6% and the current interest rates were 4.5%, you could not take advantage of the lower rates by refinancing if your home was worth less than the mortgage amount. You were not eligible to refinance because your loan to value ratio was over 100% and the loan programs did not allow loan to value ratios of over 100%. Now, that has all changed! If you otherwise qualify for the loan you can refinance to the currently available and historically low interest rates by refinancing under the HARP loan program to lower you payments and start saving money!

Call today for a FREE consultation to see if you qualify for this money saving new program -941-795-7525.

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Providing Mortgage Articles For Our Customers

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