Testimonial Letters to Pinnacle Mortgage Group in Anaheim Hills CA

CLIENT TESTIMONIALS (just a few)

Dear Tom,

I wanted to thank you for all of your help and professionalism regarding the purchase of our new home. I know the transaction was very difficult and time consuming and we could not hae done it without you!

We would recommend you and your company to anyone searching for a home and home loan. If we know of anyone looking for a home loan we will be sure and give them one of your business cards.

Sincerely,

Kim E.

Walnut, CA

Being a flight attendant, I leave the country several days a month. Pinnacle Mortgage Group kept me abreast of progress; frequent emails and 24/7 Online Loan Status. When I tell friends how fast everything happened, they can't believe it.

The professionalism and friendliness I experienced, encompassed with their knowledge, made my dream come true.

Thanks a billion.

Andrea S.

We would like to take this opportunity to thank you for your efforts in processing our mortgage in such a short period of time. You were given a challege that we presumed would be impossible to meet!

You managed to accomplish, in 16 days, that which the bank could not accomplish in 2 months!

Because you worked so diligently, we were able to meet the original closing date. We were so impressed by your friendly and professional manner that we didn't hesitate refinancing with you when the rates became lower. We have recommended and will continue to recommend you to anyone who is shopping for a mortgage.

Gloria H.

I really want to thank you and everyone in the office for all the hard work you did to get my family into our new house. You really did a great job. Everything went so smoothly and quickly, we still can't believe we are here. We really don't know how to thank you.

ROBERT H.

Dear Tom,

Jeff and I just wanted to take a moment and thank you for all the hard work you did in obtaining getting us our consolidation loan. It was definitely a long drawn out process with multiple hurdles on our part, (credit report repair, etc.) howeer, the end result was you stuck it out with us and was able to get the loan closed.

Please do no hesitate to use this as a referral letter to any future clients who may want to contact us on your behalf.

Thanks again and hope you have a wonderful New Year!

Sincerely,

Jeff & Tracy S.

Granada Hills, CA

Dear Mr. Purcell:

Thank you for your expertise and obtaining a mortgage for Darren and Linda. Because of your cooperation and knowledge you made it possible for me to put the numbers together.

Looking forward to doing more business with you in the very near future.

Kurt S.

Real Estate Agent

Mortgage News Daily :

USDA Rural Housing Bill Passes; Low-Income Rental Legislation Advances

7/30/2010 11:23 AM

One government housing program that had run out of funds months ago was revived by Congress yesterday, and another bill targeted at low-income rental housing moved a step closer to approval. The Senate yesterday passed HR 4899 to reestablish the popular U.S. Department of Agriculture Single-Family Housing Guaranteed Loan Program (Section 502 Housin...Read More

Fannie Mae Preps Investors for Reform. Book of Business Reflects Tight Credit Conditions

7/29/2010 11:31 AM

In the wake of the passage of Wall Street Reform, which many opponents have criticized Capitol Hill for failing to deal with the future of Fannie Mae and Freddie Mac, the Obama Administration is beginning to present the broad outlines of how the future of the GSEs will be determined. In a letter released Tuesday , David H. Stevens, acting commision...Read More

Vacancy Rate Near Historic High. America Has a "Home Problem"

7/29/2010 8:33 AM

As we have pointed out over the last few weeks , America has a homelessness problem; over a million individuals and families are temporarily or chronically homeless. While the statistics don't fully address this aspect, there is at least anecdotal indication that some of these people are in shelters or on the street because their own home or on...Read More

FHA Ready to Reduce Seller Concessions. HUD Invites Industry Comment Before Implementation

7/28/2010 2:18 PM

HUD is preparing to implement a few new policies that will no doubt affect your pipeline/loan application process. Last week, HUD and the FHA invited public comment on three of those policy changes, which are part of FHA's strategy to "strengthen their capital reserves". The proposed changes which are either tweaks to other recent rev...Read More

Beige Book: Mixed Reads on Economy. Housing Market Definitely "Sluggish"

7/28/2010 1:24 PM

The Federal Reserve has released the Beige Book The Beige Book is a compilation of anecdotal information and data on current economic conditions across the country. The findings are NOT THE VIEWS OF FEDERAL RESERVE OFFICIALS ...instead, each Federal Reserve bank interviews key business contacts, economists, market experts, and other sources in thei...Read More

Refinance Demand Takes a Break While Purchase Apps Search for Bottom

7/28/2010 8:25 AM

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 23, 2010. The MBA's loan application survey covers over 50% of all U.S. residential mortgage loan applications taken by mortgage bankers, commercial banks, and thrifts. The data gives economists a snapshot view of consumer dema...Read More

FHA Penalizes Over 1,000 Lenders for Violating Regulatory Standards

7/27/2010 12:47 PM

The Federal Housing Administration's Mortgagee Review Board (MRB) has revealed a list of over one thousand lenders against whom it has taken action over the last several months for violations of the agency's program requirements. Infractions ranged from failing to notify the Department of Housing and Urban Development of changes in license ...Read More

Housing Finance Reform Now in Focus for Obama Administration

7/27/2010 9:26 AM

Much to the surprise of many pundits, the recently signed Financial Reform Bill did not outline guidelines for regulators to begin crafting the future of Fannie Mae, Freddie Mac, and Ginnie Mae. Although this was viewed as an oversight by most, it was the right move because it will allow our political and financial leadership to focus on FIXING THE...Read More

Data Flash: S&P/Case-Shiller Home Price Index +0.5% in May

7/27/2010 8:07 AM

Standard and Poor's has released the Case-Shiller Home Price Index .... 09:00 27Jul10 RTRS -US MAY HOME PRICES IN 20 METRO AREAS RISE 0.5 PCT SEASONALLY ADJ (CONSENSUS 0.2 PCT) VS 0.6 PCT IN APRIL - S&P/CASE-SHILLER 09:00 27Jul10 RTRS -US MAY 20-METRO AREA HOME PRICES RISE 1.3 PCT (CONSENSUS 0.3 PCT) VS 0.9 PCT IN APRIL - S&P/CASE-SHILL...Read More

New Home Sales Rebound from Revised Record Low

7/26/2010 9:03 AM

The Census Bureau and the Department of Housing and Urban Development have released New Residential Sales data for June 2010. Excerpts from the Release... Sales of new single-family houses in June 2010 were at a seasonally adjusted annual rate of 330,000 . This is 23.6 percent above the revised May rate of 267,000, but is 16.7 percent below the Jun...Read More

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