Please Note: JVM Lending is temporarily unable to accept new refinance applications. We have met our maximum loan volume capacity and are unable to process additional applications without sacrificing the 5-star experience to which our valued clients are accustomed. We sincerely apologize for this inconvenience.

We are still accepting new home purchase applications, and still have capacity in our purchase loan division.

Posts

How Does a No Cost Refi Work? Why Do “No Cost”?

When rates fall, we usually offer our borrowers the option to refinance at “no cost” (JVM pays for all non-recurring closing costs). Our borrowers then wonder how we can do this and still get paid. We do no cost refinances by locking borrowers in at a rate that is about 1/4 percent higher than the […]Read More

Pay Cash – Must Wait Six Months to Refinance; Solution?

No matter how strong a borrower may be, lenders beat them to death with conditions. Hence, we have borrowers with millions in the bank and super low debt ratios trying to get loans (simply to take advantage of the low rates) who throw their hands up and just pay cash for their property. They intend […]Read More

Refinancing

It is true that refinancing has the potential to improve your overall financial picture, it is not necessarily a strategy that makes sense for every individual in every situation. So before you make a commitment to refinance your mortgage, it’s important to determine whether such a move is the right one for you. The most […]Read More

Per Diem Charges Do Not Hold Up in CA Courts; Can’t Walk Away from Non-Purchase Money 2nd

We listened to Gov Hutchinson, Assistant General Counsel for the California Association of Realtors, speak yesterday, and he was very interesting. We highly recommend listening to him if any of you get the chance. Here is just some of the interesting information he conveyed. California courts frown on Per Diem charges. If your client incurs […]Read More