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Mortgage and Lending - Guaranteed Rate, Marin County, CA - NMLS: 22343
Lock Watch for the Week of 1/14/2019 Volatility-O-Meter:A good mix of important reports throughout the week and though it does not seem promising at the moment, a resolution to the shutdown brings the potential for the stock market to rally and bonds to sell off.  Be careful. Economicalendar (all...
Can You Get a Mortgage with Assets but No Income? "Can you get a mortgage with assets but no income?"  Well, if I had a dollar for every time I got asked this question, I'd probably then have documentable income and it would send us back to the start of the conversation, right?  Seriously, what w...
Lock Watch for the Week of 1/7/2019 Volatility-O-Meter:Shutdown persists and my guess is that equity market volatility will too.  Bond auctions mid-week and Jerome Powell speaks on Thursday. Economicalendar (all times are Pacific):Mon, 1/7:      Factory Orders and ISM Non-Mfg Index (7am).Tues, 1/...
So You Wanna Buy a Home in 2019? You've decided that 2019 is the year when you stop throwing away your rent money and paying someone else's mortgage.  Maybe you've even made this a written resolution and saved up a down payment to show for it.  But up until this point, it's just been a vision, an...
Lock Watch for the Week of 12/31/2018 Volatility-O-Meter:Another short week, but therefore more potential for volatility and amid a stalemate in Washington. Economicalendar (all times are Pacific):Mon, 12/31:      Dallas Fed Mfg Survey (7:30am).Tues, 1/1:     Markets Closed.Weds, 1/2:     PMI Mfg...
The Impact of a Government Shutdown on the Mortgage Process  If you are a Federal worker, then you don't need to hear it from me.  Dealing with the government shut down interjects uncertainty into your life and can cause financial stress.  If it's any consolation, the same holds true for the mort...
Lock Watch for the Week of 12/24/2018 Volatility-O-Meter:It's a holiday week and we don't know if the President will fire the Fed chairman.  Can't we just all take a vacation? Economicalendar (all times are Pacific):Mon, 12/24:      2-Yr Note Auction (8:30am).Tues, 12/25:     Markets Closed.Weds,...
The Most Wonderful Time of the Year (to Get Gift Funds)  It's that time of year again when holiday gift giving is on everyone's mind.  But you know me, compulsive mortgage professional, I want to focus on  but a single aspect of the loan process --- gift funds--- this same form of largesse that i...
Lock Watch for the Week of 12/17/2018 Volatility-O-Meter:FOMC statement and virtual certainty of another rate hike (.25%).  This will not surprise anyone, but against the backdrop of recent market volatility, the ensuing statement could.  Then, GDP on Friday. Economicalendar (all times are Pacifi...
How to Get Rid of PMI on Your Mortgage Nearly every home buyer initially hates the "P" word --- PMI, or private mortgage insurance.  Years and years of conditioning have taught generations upon generations of first-time buyers that PMI is something to be avoided at all costs, and even though I da...

Rob Spinosa

SVP of Mortgage Lending, Marin County
local_phone(415) 367-5959
smartphone(415) 367-5959
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