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Mortgage and Lending - US Bank - NMLS: 22343



The Ten Commandments of Home Lending in 2012     Thou shalt understand, foremost, that this transaction will be unlike any of its predecessors. Thou shalt willingly subject thyself to a wrath of diabolically voluminous, redundant and confounding disclosure forms. Thou shalt prepare to provide ex...
158 Richardson Drive, Mill Valley, Marin County, California     Welcome to this (approximately) 3,125 sqft, 4+ bed, 3 full bath ranch style home w/sunny level lawns & views! Enjoy the living & family rooms each with a wood burning fireplace opening to a patio ideal for indoor/outdoor entertainin...
The Long View on Short Sales     A local real estate agent asked me last week if I could contribute to her newsletter a short article about financing short sales.  After some thought and discussion, we decided that perhaps a more refreshing angle on this would be one that took a "long view" on t...
FHA Streamline Refinances     Despite and industry-wide shift to rein in this highly beneficial program, RPM continues to offer the FHA streamline program both with a credit qualifying set of guidelines, and also with what's known as "NCQ" or non-credit qualifying criteria.   If you currently ha...
California Mortgage Rate Update for the Week of 06/25/12     Last week, we knew that all eyes would be on the Fed, and although the cognoscenti in the mortgage business suggested that borrowers "float" into this meeting, I maintained a locking bias.  And with the exception of one strong rate day...
Understanding HELOCs - Home Equity Lines of Credit     In this short video, I explain home equity lines of credit, or HELOC, mortgages.   These are junior liens, mostly second mortgages, which enable homeowners to access the equity in their homes for "big ticket" items such as home improvement p...
California Mortgage Rate Update for the Week of 06/18/12     "QE or not QE?  That is the question."   Why am I starting with that theme when Greece had a supposingly momentous weekend?  Mostly just because I think there's a burnout effect with Europe right now.  I think most feel that even if th...
California Mortgage Rate Update for the Week of 06/11/12     V! O! L! A! T!     VO!  LA!   TILITY!   OK, so this is not a chant you'll hear cheerled anytime soon, but volatility did indeed set the tone for the mortgage market last week.  If you sat on your hands after the jobs report on June 1, ...
This is a great blog post by a Realtor in the Los Angeles area who has a rightful concern about what's being discussed right now in Washington.  You should too.What is a Qualified Mortgage and Why should you care what will be done with it? The purpose of a Qualified Mortgage was to reduce the ris...
California Mortgage Rate Update for the Week of 06/04/12:     Last week I told you that investors might yawn at a bad jobs report.  Boy, was I wrong!  Well, in all fairness, it was a terrible report, and few could find a silver lining in the job outlook or even the broader economy.  So it was "d...

Rob Spinosa

Mortgage Loan Originator, Marin County
local_phone(415) 367-5959
smartphone(415) 367-5959
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