CONSTRUCTION LOANS OFFERED BY

EVERGREEN HOME LOANS - HEIDESERT MORTGAGE

Heidesert Mortgage will finance the construction of your major remodel of a primary residence or second home. From buying the lot and providing construction financing to converting into a permanent mortgage, the One-Time Close Loan provides a smooth home building and buying process. Some of the valuable features of this loan include:

• No construction fee means you could save and possibly qualify for more. 
• Construction period of 6-12 months followed by 30/15-year fixed loan terms
• Our construction loans are conforming loans with as little as 10% down payment or equity
• No individual draw or inspection fees
• Owner occupied or second home
• Detached single family residence (SFR and 2 unit transactions, manufactured homes are part of our Two-Step Close Construction Loans)
• One set of closing costs
• Monthly payments required at interest-only during construction period
• After construction period, loan converts automatically to permanent financing
• “Ceiling Rate” locked for up to 360 days – no upfront deposit required, interest rate float down allowed
• No charge to customer for monthly draw inspections during construction period

This is a great option for the construction of your next home or major remodeling of your current home.


You can start preparing for your new home today!  Call Doug Heide about a Construction loan today – 760/963-1643 or visit www.heidesertmortgage.com

Doug Heide - Heidesert Mortgage

How to fact check the Internet

“Facts” pop up on the Internet and often sound like they’re from a credible source. Here’s how to check them.

Fishy headlines. Search the exact headline on Bing or Google. If it’s fake, you’ll see links disputing it. Also check Snopes.com and reported.ly.
Visit the site. Go to the source site and check the About tab. See if they’re politically biased, satirical or a fake. Reputable sites have hyperlinks to backup research. Fake sites don’t provide research and may contain spelling and grammatical errors.
Search photos and videos. Right click on the suspicious item and save it to your desktop, then drag it to the image or video search box on Google or Bing. This will verify the subject and where it’s appeared.
Check the writer. Look on their Facebook and Twitter accounts for a blue checkmark verifying occupation and identity.
Double check breaking news. These stories often misidentify people and misreport what’s going on. Find a news outlet getting reports from its own people on the scene, not from other sources, indicated by phrases like “we have reports that...” and “we’re trying to confirm...”
Correct your own mistakes. If you post something you discover is untrue, delete it, apologize and provide the facts.
Respectfully correct others. When friends or family share misinformation on social media, gently tell them where they can find the right story.
Question all political ads. Companies can have a competitor’s ad pulled and demand proof of the claims made. This doesn’t happen in political advertising, where anything can be claimed with no proof required.
Here’s to getting your facts straight, online and off, as you keep putting together your best year ever... Enjoy a great month!


Call - 760/963-1643 or visit our website - www.heidesertmortgage.com

BRIDGE LOANS

Buyers can purchase a home before selling their current home with a Bridge Loan

Heidesert Mortgage with Evergreen Home Loans offers a complete home financing solution. Here’s some information we think you should know:

 

Your buyers can purchase a home before selling their current home with a bridge loan from Evergreen.

    Available on owner-occupied, second homes and investment properties

    Maximum loan amount is $417,000

    For single family properties and 2 to 4 units

    Current property must be listed prior to closing for a competitive market price to facilitate a quick sale

    Borrower must qualify for a fixed-rate non-owner occupied refinance in the event the subject property does not sell within 6 months

    Full appraisal is required

    You must be approved for the purchase of a new home with Heidesert Mortgage - Evergreen Home Loans.  The bridge loan closes simultaneously with the new purchase transaction.

 

You can start looking for your new home today!  Call Doug Heide about a bridge loan today – 760/963-1643 or visit www.heidesertmortgage.com

 

Why FHA with Doug Heide and Heidesert Mortgage

For some potential homeowners, including first-time homebuyers, flexibility in mortgage options is essential to accessing homeownership. A possible option that offers that flexibility is a loan through the Federal Housing Administration (FHA).

An FHA loan offers an affordable option with some lenience on qualification terms. FHA loans are ensured by the Federal Housing Administration to support homeownership and help more people get into homes.

Features of an FHA loan can include:

• A low down payment - as little as 3.5%

• Flexible income and credit guidelines

• The ability to use down payment gifts from family members, employers or persons with whom the borrower has a long standing, close (family type) relationship

• Sellers may contribute up to six (6) percent on your closing costs, if negotiated with the seller

• Availability of different loan terms including fixed and adjustable-rate loans

• 100% financing (ask for details)

Many people think that FHA loans are exclusively for first-time buyers, but that’s not the case. There are many FHA options for repeat buyers. FHA loans are often marketed at first-time buyers because of the low down payment requirements and more flexible credit requirements.
So if you’re a first-time buyer, or a repeat buyer, thinking that homeownership is out of your reach because you have a low down payment available, think again.  Call Doug, a trusted mortgage professional to see what your options might be to fit your financial situation.

Call - 760/963-1643 or visit our website - www.heidesertmortgage.com 

Your Home Buying Journey with Doug Heide

On the path towards home ownership, you’ll go through these important steps:

1. A confidential personal consultation with Doug and Heidesert Mortgage (proud member of the Evergreen Home Loans team). Visit www.heidesertmortgage.com for more information or to apply online.
2. Getting preapproved* and selecting our  Security Plus Seller Guarantee™ for added confidence
3. Working with a real estate professional to help you find a home and have the offer accepted. Ask us for recommendations.
4. The home is inspected by the person you choose
5. The lender orders a home appraisal and title
6. An Evergreen underwriter reviews the final loan documents and if qualified, gives approval
7. You and the seller sign closing documents with an escrow company
8. The loan funds and title is recorded at the courthouse
9. Move in!

Buying your next home is more challenging in 2016 than ever.  Regulations and guidelines are constantly changing.  You need the help of an experienced team to work with you from the preapproval process to that exciting moment when you move into your new home.  Doug and his team will be with you every step of the way and beyond.

This will be the beginning of a life long relationship!

Call - 760/963-1643 or visit our website - www.heidesertmortgage.com

* Preapproval is not a commitment to lend and is subject to satisfactory loan conditions including a completed application and property appraisal. Other terms and restrictions apply. Not all products available.

Prepare Yourself For The Home Buying Season with our Security Plus Seller Guarantee™

　Prepare Yourself For The Home Buying Season

The Heidesert Mortgage team is a member of the Evergreen Home Loans Family.  With over 20 years of experience in the mortgage business Doug Heide is confident that he can make your experience purchasing a home comfortable and enjoyable.  Find out how our Evergreen Security Plus Seller Guarantee™ can make your home purchase experience more enjoyable and productive.

In our current housing market, a strong offer can mean the difference between winning or losing a bidding war. As we head into home buying season and inventory becomes tighter, you’ll want to be prepared to have every advantage. You might be surprised to learn your offer could be the strongest offer on the table, even when it’s not the highest. A seller wants to be sure the buyer is ready to move and may not want to wait for another buyer to get approved or risk a loan approval falling through.

With the Evergreen Security Plus Seller Guarantee™, once you are qualified you’ll receive a fully-approved loan amount before you even find your dream home. This means you’ll have a firm, underwritten approval that’s guaranteed or we pay the seller $1000*.

Being prepared, gathering information upfront and arming yourself with the right tools can give you an edge and some peace of mind. Give us a call today for more information on how we can work together as the home buying season heats up.

Call - 760/963-1643 or visit our website - www.heidesertmortgage.com


* Applies to purchase loans only. To qualify, buyer’s Security Plus Approval/Seller Guarantee Addendum must have been issued by Evergreen and the Seller shall have executed the addendum with their signature at the time they execute the Purchase And Sale Agreement on subject property. Certain loan types do not qualify for this offer. Restrictions apply. Ask for details