Jeffrockland's Blog

Is your loan under water? Perhaps one of our Refinance Loans with NO APPRAISAL REQUIRED will help!

jeffrockland — Wed, 09 Nov 2011 19:38:05 +0000

FHA STREAMLINE – NO APPRAISAL REQUIRED!

jeffrockland — Wed, 09 Nov 2011 19:28:49 +0000

With these Arizona real estate prices, one would be very hard pressed to find a better investment!!!!

jeffrockland — Mon, 29 Aug 2011 17:32:59 +0000

Check this out! If you live in Arizona and are paying rent, you could change your future making one intelligent purchase. If you are a real estate investor and are looking for the right market, you also need to check this out. As a Senior Loan Officer for Sunwest Mortgage, I can offer financing for your home, even if your FICO score is 580! Also, if you are an investor, I can help you finance up to 10 properties!

Call me for more information: Jeff Rockland 866-924-4440

http://www.youtube.com/watch?v=5llaYBwZh4o&feature=player_embedded

Selling your home? Raise your Chi with Feng Shui!

jeffrockland — Mon, 27 Jun 2011 23:35:51 +0000

More and more home sellers are turning to feng shui — the ancient Chinese art of designing structures and arranging objects to create harmonious energy flow — to help attract buyers. The feng shui concept promotes prosperity, good health and general well being by examining how energy, chi, flows through a particular room, house, building, or garden. Many home sellers – and real estate agents – believe that a home with better chi may sell quicker. In fact, many of the principles of feng shui overlap with the practical suggestions your real estate agent may already make to prepare your home to sell. It encourages a balance of colors, sizes and shapes, and emphasizes simplicity. While you can’t do much about the size of rooms or other construction features of the home, you can make some cosmetic changes like removing extra furniture and clutter, making better use of natural sunlight and strategically placing items like candles and plants around the house to create a more balanced environment for potential buyers. Here are some easy feng shui tips to prepare to show your home prospective buyers: Remove clutter. The first rule of thumb: Get rid of or pack away any unnecessary items in your home. Especially the kitchen since that’s the one place you can be assured potential buyers will look in your cabinets – they want to see if their things will fit inside. Get rid of all those appliances strewed across the counter top and place them in boxes and store them away while your home is being shown. Buyers also look in bedroom closets so clean it out thoroughly and remove anything out of season or unnecessary. Storage is one of the biggest selling options for the home – so the more space a prospective buyer sees, the more they can visualize themselves living in the home. Give your home a pleasant smell. When you show your home, make sure your home has an uplifting fragrance like homemade cookies baking or the sweet smell of lemon. Candles are a great way to achieve a “homey” fragrance. Give it a fresh coat of paint. Walls should be light in color, so you may need to invest in some light, neutral paint before your home is ready to show. A dark color on the walls can make the home feel small and constricting. Make your bathroom luxurious and spotless. A bathroom can make or break a sale so get rid of the dirt and grime and have the bare essentials in the room. Place a plant in the room and open the window if it is a nice day. And make sure it smells fresh by using a light air freshener or candle.

Jeffrey Rockland – NMLS ID: 180301 Loan Originator Toll-Free Direct: (866) 924-4440 Mobile: (520) 891-0763 Office: (800) 453-7884 x8160 E-Fax: (866) 278-7554 E-Mail: jeffrey.rockland@swmc.com Website: http://jeffrockland.swmcretail.com Sun West Mortgage Company, Inc. 8950 E. Raintree Drive, Suite 200, Scottsdale, AZ 85260 (NMLS COMPANY ID: 3277 / BRANCH ID: 359295)

FHA Streamline Rates in the 4′s with no appraisal, no credit report, no income verification!

jeffrockland — Sun, 29 Aug 2010 13:53:35 +0000

The True FHA Streamline Refinance is back but don’t wait too long. Finally mortgage help for folks that are current on their mortgage. Tired of hearing about friends that got a loan modification (after they were several payments late on their loan)? If you have an FHA loan with a rate at or above 5.5%, you owe it to yourself to at least have me work up the numbers so that you can decide if this makes sense for you. email me your scenario for your Arizona Mortgage – jeffrey.rockland@swmc.com

Mortgage programs change all the time. Mostly it has gotten harder for consumers to get approved for their mortgages. Well, for a limited time, Jeff Rockland (http://jeffrockland.swmcretail.com) and SunWest Mortgage Company are offering super Streamline options for holders of both FHA and VA loans. Property worth less than you owe – no problem, income lower than when you first qualified – no problem, credit issues – may not be a problem. Moved and now your property is a rental – no problem, your rate will be about .25 higher but we can still do your loan. OK, so your thinking what is the catch. Well, here is exactly what you need to qualify for one of these Streamline loans:

1) ACT NOW -the market is always changing. An opportunity today may be gone tomorrow

2) YOU MUST HAVE AN FHA OR VA LOAN – WITH NO LATE PAYMENTS FOR MOST RECENT 12 MONTHS

3) YOU MUST HAVE 2 YEARS CONSECUTIVE EMPLOYMENT HISTORY AND BE GAINFULLY EMPLOYED

What are you waiting for? Don’t want to save money? No problem. Don’t check this out and you won’t save any money at all.

Have a question? Email Jeff – jeffrey.rockland@swmc.com

I have been in the real estate and mortgage business since 1984, I have the experience, knowledge, patience and persistance needed to get you the best mortgage loan with the least hassles. Visit http://jeffrockland.swmcretail.com.

Jeffrey Rockland – NMLS ID: 180301
Loan Originator
Toll-Free Direct: (866) 924-4440
Mobile: (520) 891-0763
Office: (800) 453-7884 x8160
E-Fax: (866) 278-7554
E-Mail: jeffrey.rockland@swmc.com
Website: http://jeffrockland.swmcretail.com
8950 E. Raintree Drive, Suite 200, Scottsdale, AZ 85260 Sun West Mortgage Company, Inc.
(NMLS COMPANY ID: 3277 / BRANCH ID: 359295)

Time to get rid of that FHA Monthly Mortgage Insurance!!!

jeffrockland — Fri, 30 Jul 2010 13:13:48 +0000

This Apple Just Fell From the Tree!!! Now I can get rid of my monthly mortgage insurance and lower my interest rate!!!! In fact, I can buy a home with as little as 5% down and have no monthly mortgage insurance and a great rate.*

Conventional Up Front Mortgage Insurance – Have you spoken to your SunWest Mortgage Loan Officer lately? You could be paying hundreds less monthly and saving thousands over the life time of your loan!!!

Call, or, email me today!

Jeffrey Rockland – NMLS ID: 180301
Loan Originator
Toll-Free Direct: (866) 924-4440
Mobile: (520) 891-0763
Office: (800) 453-7884 x8160
E-Fax: (866) 278-7554
E-Mail: jeffrey.rockland@swmc.com
Website: http://jeffrockland.swmcretail.com
8950 E. Raintree Drive, Suite 200, Scottsdale, AZ 85260 Sun West Mortgage Company, Inc.
(NMLS COMPANY ID: 3277 / BRANCH ID: 359295)

Attention Real Estate Invesors – Emotions are not invited

jeffrockland — Fri, 04 Jun 2010 17:32:28 +0000

If one is to be successful in any endeavor and maintain success, one needs to be able to plan and adjust plans as needed but one must establish rules which always make sense. My three rules of a successful real estate investment are as follows:
1) Pay me today – I must buy below current market for the like property so that I can make an immediate profit if I resell.
2) Pay me every month. My property must pay all of it’s own expenses and give me a profit every month.
3) Pay me in the Future – my property must be located in an area which is either in the path of commercial development (creating new ammenities) or in the path of other economic growth and increased value.
In the early 90′s there were many such properties to be found. This trend continued until the late nineties. In fact, if one understands and commits to the above rules, one can find properties at various points in the general cycles. However, when one only rellies on one or two of these rules one can get caught with their pants down. If rents suddenly drop because of changes in the supply and demand of rental units. If one buys simply because of past appreciation in the hopes of the future pay off while sustaining a monthly loss this is also an extreme gamble.
Choosing the right mortgage for your strategy is also vitally important. The current state of financial affairs has created a knee jerk reaction in terms of how we view loan programs. It is almost as if anything but a 15 or 30 year fixed mortgage is part of some Wall Street conspiracy to rape and pillage. As a professional loan officer for many years that has always specialized in working with real estate investors, I truly believe that while “home is where the heart is,” our interests are usually best served if we don’t let our emotions play tricks on our perception of the property we are considering. Equally important is to choose a mortgage product that gives you the most bang for your buck. Real Estate is an incredible financial instrument but you must plan what property makes sense and what mortgage matches your plans and your exit or transition strategy for each property as well. The best insurance in life is careful preparation that also allows for a back up plan.

I mentioned the three important rules that should shape your choice of real estate. Here are rules which can help you establish your choice of mortgage:

1) Choose a payment that is sustainable currently
2) Choose a payment that is sustainable in the future
3) Avoid instant gratification at the expense of future disaster
4) Choose a loan fixed for the amount of time you need it fixed for and then 2-5 years depending on how far off your plans might be.
5) Determine the financial gains and costs to any transaction. Understand the relationship between rate and closing costs.
6) Work with a professional. With Jeff Rockland (me) as your Licensed Loan Officer, you get advise from an honest mortgage professional that has not only financed millions of dollars of loans but has also bought and developed millions of dollars of real estate. As a real estate investor, you need to get a great team together that will be part of your success moving forward. Get a couple real estate agents, a mortgage lender, a good CPA, an insurance agent, and then either an attorney, a management company and,or an education. There are many expensive lessons out there to be paid for. Knowledge is power and is easily accessable if you know where to look.

I have been investing in real estate for 26 years and would love to be part of your success. Please email me so that we can begin discussing your real estate objectives.

With all the news is my time running out to still get a loan to buy a home?

jeffrockland — Thu, 22 Apr 2010 00:03:06 +0000

Lots of information in the news these days. What is a first time home buyer to think? Chances are, if you have never purchased a home, you find this activity quite scary. The news doesn’t help. You see foreclosure news and you think that this market could get worse. You might have saved a little money but do not want to put this money at risk. If you wait, you think that perhaps you will get a better deal or even that the market will go back up and you will then feel encouraged to join the movement.

My advise? Choose a path that is suited to your life. If you plan to be living in the same town you are living in for at least 5-10 years, now would be a good time to make a comparison between the pros and cons of renting vs. owning. http://jeffrockland.swmcretail.com/calc_rentvbuy.html

I have 3 concepts that guide my real estate purchase decision:

1) Can you by this property for a price below the current appraisal?

2) Can you increase your cash flow (taking into account taxes, appreciation, payment of principle and possible rents) by purchasing this property? With this calculation, I like to look at the cost of all funds going into the purchase. Additionally, if I am buying a multi-unit property and renting out the units that I won’t occupy, then I count these units and their costs and expenses as well.

3) Are you buying a good property with a minimum of the following:

a) property is priced and sized as average or smaller (and cheaper) than the majority of houses in the neighborhood. By the Chevy in the Benz neighborhood. Not the other way around.

b) neighborhood has potential for increases in values that can clearly be identified.

c) property has no “unique” or “strange” features. Do not overlook bad Feng Shui, poor construction or design choices, un-permitted additions, unknown materials. It will always be harder to sell a property that has problems. On the other hand, some problems are easy to fix and can result in your great fortune. The thing is, do you know the difference?

Ultimately, buying a home is a huge decision, especially the first time you do it. Having a professional team which includes an expert realtor and mortgage professional is essential. Finding people you can trust to look out for your interests is an important first step. Unfortunately, our current real estate market has made many buyers distrustful of all real estate professionals. Buyers often waste a lot of time trying to get several loan companies to give them a quote before deciding who to go with. What buyers need to understand is that lenders cannot guarentee a quote until a borrower is approved. So, instead of choosing a lender based on something that is completely unreliable, it is a lot smarted to get to know what to look for in a lender and to find someone you are comfortable with that will get the job done.

Todays best choice is a mortgage bank. This is because the mortgage bank funds it’s own loans, can approve it’s own loans and still has more choices than a Retail Bank and more reliable approvals than a Broker. SunWest Mortgage has been originating loans for 30 years. We are a mortgage bank with offices through out the country. Our unique underwriting process and protocol for intaking loans gives us a great advantage over any other Mortgage Banks that I am aware of.

If you want to get a solid approval for a loan and advice from someone that has been buying and financing real estate since 1984, call Jeff Rockland at SunWest Mortgage 520-891-0763.

Jeffrey Rockland – NMLS ID: 180301
Loan Originator
Toll-Free Direct: (866) 924-4440
Mobile: (520) 891-0763
Office: (800) 453-7884 x8160
E-Fax: (866) 278-7554
E-Mail: jeffrey.rockland@swmc.com
Website: http://jeffrockland.swmcretail.com
8950 E. Raintree Drive, Suite 200, Scottsdale, AZ 85260 Sun West Mortgage Company, Inc.
(NMLS COMPANY ID: 3277 / BRANCH ID: 359295)