Santa Ana Real Estate Mortgage & Refinancing Loans: The Subprime Crisis: Is Your Home at Risk?

Southern California Mortgage Broker Specializing in Home Loans, Equity Lines, Second Mortgages

An IMPORTANT Message from Southern California’s

Leading Mortgage Expert:

Gail Rogers

The Subprime Crisis: Is Your Home at Risk?

It's all over the news. Subprime mortgage companies are in the midst of a true crisis! According to The New York Times, over three dozen lenders have already closed their doors for good. In fact, more than half of the top 25 mortgage companies from 2006 have either reported serious losses, were sold off to other companies, or have filed for bankruptcy!

When asked how many subprime lenders will be taken down by the current credit crunch, Bill Dallas, mortgage industry icon and former CEO of Ownit Mortgage Solutions, replied, "All of them." When asked how many borrowers would be impacted by tightening credit standards, Dallas estimated anywhere from 10% to 40%, adding, "The coming shift in available products will be huge." This could negatively impact anyone seeking financing in the next 12 months.

What Others Say

(Click on the play arrow for a special message from Tim and Kelly Getchell)

Rancho Santa Margarita, CA

Click here to view a 1 minute message from Jennifer & Troy

I took a huge leap of faith during a difficult divorce and purchased a home over two years ago with an adjustable rate mortgage. My story doesn’t end here. Recently, I considered selling my home since life’s unexpected challenges were making it difficult to meet my financial obligations and my minimum monthly payment increased by over $400. Then a co-worker referred me to Gail, who reviewed my mortgage, debt situation and credit challenges. She came up with a new mortgage solution to keep me and my children in our home. Thanks to Gail we have a better financial future!

Many thanks!!!

Mara H. – Riverside, California

"Gail and I had a lot of fun putting all of this together and making it all happen in Oregon to purchase a vacation home. She really watched out for us, completely dedicated from the beginning of the loan process... Hope to keep in contact in the future!"

Mike Mercadante,
Long Beach, CA

Eagle Point, Oregon
Vacation Home

Gail!

I can't tell you how happy I am that Calvo finally closed for you! You deserve 10X the fee on this one, YOU HAVE REALLY EARNED IT! Each time we work together, I have more respect for you as a professional! You really care about the client and that is an amazingly RARE thing these days and I just thought that you should hear that from someone besides the little voice inside that we all hear but don't always believe!

Sincerely,

Jay Mills, Escrow Officer
Pickford Escrow Company, Inc

Click on the play arrow to hear a message from Cheryl M. regarding her recent "Loan Modification"

Corona, California

We are saving $2,000 a month!

We would like to thank you and your staff for the excellent service and a job done right. We were impressed!

Thanks to Gail Rogers, we now save $507 a month with our new loan. Consolidating all our debt has given us freedom and peace of mind.

Tom and Carla Cooke
Buena Park, California

Thank you so much for your hard work. The loan funded and we've already started improvements on our home. You were helpful and knowledgeable. This was a difficult loan to navigate and you helped me out a great deal. Very quick to respond to all my questions.

David Sage,
Castaic California

Dear Gail,

Thank you so much for assisting us with our new home. Pat and I rented our unit for 5 years. We've had good income for the last 2 years, but very little savings. Your knowledge with the 100% loan programs gave us the ability to finally buy a home. We appreciated everything you did for us. Again, thank you!

Jean and Pat
Rancho Santa Margarita, CA

WITH MANY THANKS. COULDN'T HAVE DONE IT WITHOUT YOU.

THANKS FOR ALL YOUR HELP!

LYNNE JOHNSON
LOS ANGELES, CALIFORNIA