Example of Table Blog layout (FAQ section)
Rates
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- Conforming rates and jumbo rates are static.
- Please note the table pricing has adjustment criteria listed below. The table is based upon a borrower with "platinum" credit, and an appraisal, which supports a 60% loan-to-value ratio, or lower. With these adjustments, it becomes more difficult to follow the pricing for your loan, unless you fall into the above category. However, we are pricing in this manner in our on-going quest to pass on the best pricing to all of our “A” paper customers. Therefore, you must know both your credit score and your loan-to-value ratio in order to determine the pricing applicable to you. Please call or email with any questions you may have at This e-mail address is being protected from spambots. You need JavaScript enabled to view it. . View Rich Young's profile
| Conforming Loans - up to $417,000 | |||
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LOAN TYPE
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NOTE RATE %
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POINTS
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APR
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|
30 year fixed
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3.625
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0
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3.641
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|
3.500
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1
|
3.597
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|
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3.375
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2
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3.553
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|
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15 year fixed
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2.875
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0
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2.904
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|
2.750
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1
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2.922
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|
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n/a
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2
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n/a
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| High Balance Loans up to $625,000 | |||
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LOAN TYPE
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NOTE RATE %
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POINTS
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APR
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30 year fixed
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3.875
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0
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3.895
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3.750
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1
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3.852
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|
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3.625
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2
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3.800
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|
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15 year fixed
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3.250
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0
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3.785
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n/a
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1
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n/a
|
|
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n/a
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2
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n/a
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All adjustments below apply to Conforming and Agency High Balance loan amounts.
- Adjustment: add .25 to the fee (or points column) if your loan-to-value ratio is higher than 60%.
- Adjustment: sterling credit 750-799 - add .25 to the fee
- Adjustment: gold credit 720-740 - add .375 to the fee
- Adjustment: silver credit 680-720 - add .50 to the fee
To lock, ARM must have in its possession a fully completed loan application, a completed appraisal, and a fully approved loan with all conditions from the lender satisfied.
Application
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PDF APPLICATION To download application, right click PDF APPLICATION - Click "Save link as..." and download to your computer. Then open with Adobe Acrobat or another PDF file editor.
Information Letter for Loan Applicants
Dear Sir or Madam:
Thank you for considering Action Residential Mortgage. In the event that we earn your trust and business, you can lock the rate on your loan on any day that you choose, provided that we are in possession of a fully completed loan application.
Non-recurring closing costs for a refinance range from $3,200 to approximately $3,400 (depending on your loan amount). Non-recurring closing costs for a purchase vary widely. For your assurance, we would be happy to provide you with an accurate, detailed and guaranteed Good Faith Estimate of your closing costs for your transaction. Please be sure to ask me what the difference between "recurring" and "non-recurring" closing costs are. Once you know, you will not be surprised at the close of escrow.
You may obtain the application by clicking the above PDF APPLICATION. If for any reason you are not able to open or print this document, we will be happy to forward the application to you by email, fax or mail. Upon your review, please fill out the application. As an option for you convenience, we will fill out the application for you based upon the supporting documentation you provide. In either case, make sure you sign and date all documents and forward them to us at your earliest convenience.
If you have any questions, or for more information, please call 650-638-3600, or please email me at This e-mail address is being protected from spambots. You need JavaScript enabled to view it. .
Sincerely,
Rich Young - Broker/President
Where did the Mambots go?
Monday, 11 August 2008 02:17 | Last Updated on Monday, 11 August 2008 02:17 | Written by Administrator | | | Hits: 196
Mambots have been renamed as Plugins.
Mambots were introduced in Mambo and offered possibilities to add plug-in logic to your site mainly for the purpose of manipulating content. In Joomla! 1.5, Plugins will now have much broader capabilities than Mambots. Plugins are able to extend functionality at the framework layer as well.
Calculators
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The information provided by these calculators are estimates based on the information entered and may vary from your actual loan, mortgage, investment or savings results. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by Action Residential Mortgage.
Where is the Static Content Item?
Sunday, 10 August 2008 16:13 | Last Updated on Sunday, 10 August 2008 16:13 | Written by Administrator | | | Hits: 180
In Joomla! versions prior to 1.5 there were separate processes for creating a Static Content Item and normal Content Items. The processes have been combined now and whilst both content types are still around they are renamed as Articles for Content Items and Uncategorized Articles for Static Content Items.
If you want to create a static item, create a new Article in the same way as for standard content and rather than relating this to a particular Section and Category just select Uncategorized as the option in the Section and Category drop down lists.