48% LTV, $1.7m Purchase, 5yr ARM, 6.0% Interest Only
OPPORTUNITY: A Bay Area family was re-locating and had to sell their home in San Carlos, California to complete the purchase of their dream home in Agoura Hills, a Los Angeles suburb.
SOLUTION: Through concerted teamwork with real estate agents and the right lender, we were able to place this loan in time to satisfy all parties to the transaction. We locked the borrowers loan during a brief dip in mortgage interest rates, allowing a savings of over $18,000 in the next five years.
Steelhead Residential Funding is a mortgage brokerage in California (CA Dept. of Real Estate - Real Estate Broker #01400712) and Hawaii (Dept of Commerce and Consumer Affairs #MB 1264). Information provided by you to Steelhead Residential Funding through this website shall not be considered an application for a mortgage loan. An Equal Housing Lender. Steelhead Residential Funding is an independent company under the guidance of Steelhead Capital, Inc. Purchase and financing advice are offered as part of the full service nature of the lending process, however neither Steelhead Capital or its affiliates are responsible for investment decisions. No guarantees are offered or implied to visitors of this website. Thank you for your interest in working with a professional mortgage broker from Steelhead Residential.