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Yearn 2 Learn | COVID-19 Lending - What's the New Norm? - Shared screen with speaker view
Anita Pulido
34:23
Having problem with video, is it me?
Anita Pulido
34:36
Lost Holly
Anita Pulido
35:21
Got her back.
Tammy VanDeusen
36:43
No, she is having a challenge on her end... she must not have a very good connection, but it seems to be doing better now
Anita Pulido
41:12
Got voice! Yay
Anita Pulido
50:21
What criteria will be established for drive by and/or exterior Appraisals? to all Hosts?
Mark Chacon Sotheby's
54:13
How is PPP loan effecting lending?
Susan Hedrick
01:01:14
Susan Hedrick Mortgage Consultant Wells Fargo
Susan Hedrick
01:01:56
Susan Hedrick 661-204-2980 susan.hedrick@wellsfargo.com
Holly St Germain
01:06:09
PPP funds received are not considered eligible business funds to assist in qualifying borrower or be used for down payment, closing costs or reserves
Karla De La Cruz
01:09:51
Do you foresee foreclosures happening in the future as a domino effect from covid-19, unemployment, reclosing of the economy from future reinfection from flue season and the opening of the economy as expected?
Janet Meier
01:13:13
Can Marc make his presentation available?
Anita Pulido
01:14:32
Marck, what is this last report called with all the c ounties, cities etc?
Janet Meier
01:15:30
Ah, that’s what the VCCAR pdf was, thanks!
Susan Hedrick
01:16:12
Wells Fargo does CalHFA and other DPA programs
Betcy Elie
01:24:30
but the bulk repayment can be made if seller sells their house, right?
Holly St Germain
01:25:12
yes that is correct Betcy
Anita Pulido
01:26:27
Holly, besides FHA, do you have any investors that will do DPA with a parent gift being allowed?
Pedro Chavez
01:29:08
Bank of America offers FREE Downpayment and Closing Costs Assistance up to $17,500.
Pedro Chavez
01:30:07
https://www.bankofamerica.com/mortgage/affordable-housing-programs/
Susan Hedrick
01:30:14
Wells Fargo has a product 3% down it can be a gift. it is called My First Mortgage it is a conventional product with a very loan MI that can be removed with equity and or paying down balance. So never have to refinance out of their low rate.
Susan Hedrick
01:31:41
This is awesome information Marc!
Karla De La Cruz
01:31:42
Are there any loans or investors that are willing to help first time home buyer with ITINs
Anita Pulido
01:32:47
Yes, CAR helped one of my ITIN buyers, Abel Fregoso and Marc can direct you to right party.
Karla De La Cruz
01:33:39
Thank you, Anita. This will be of great help for some of my clients.
Karla De La Cruz
01:36:20
Thank you for your answer. So you dnot think there will be enough foreclosures to bring down housing prices?
Janet Meier
01:37:43
Thanks!