Welcome Buyers, Sellers, and Investors... CALL JAY NOW AT 650-553-8397 !!!

USA REALTY & LOANS is the New, High Tech Realty Company and Wholesale Lender in California.

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PURCHASE LOANS
We will assist you in applying for a Loan.  A Loan Broker represents many wholesale lenders
and can work to get you the Best Loan Program available for your particular Situation/Scenario.

 
It is best to get Loan pre-approved as quickly as possible.  A lot of Sellers will feel more comfortable if a Loan Pre-approval letter is presented to them at the time when an offer to purchase is made.
The actual Loan Application consists of many pages and disclosures.  A Loan Broker can assist you in filling out and signing these forms.
Further documents can be requested by the Lender and copies of tax returns, pay stubs, bank statements, etc.should be kept handy and ready to be provided, if requested by the lender..


Residential Loans 
There are Full Doc as well as several Stated or Verified applications depending upon the Buyer's circumstances and employment.  The Loan Broker will assist you in determing the type of loan you need and presenting the Scenario to one or more lenders to get the best "Loan Deal" for you.
Loans can be amortized over long terms of 30-40-50 years.  But the typical homeowner moves every 5-7 years...so, if this is the case, it is usually best to look at the interest only Loans with a no prepayment penalty.
Short term ARMs can get you into a Home but the payments can increase suddenly; especially, if a pick a pay loan is selected and just the minimum payment is made each month. 
If you plan to stay in your home a long time, please check out the accelerated pay down plans
that pay off your mortgage quickly and save you substantial $$$ over the long haul.  A Home can become your retirement piggybank.
Commercial Loans
These loans are based more upon "Income Valuations".  Income and Expense statements are sometimes "Fluffed" and it may be important to look at past year tax returns to get a feel for the true income the property is producing..