Progressive Mortgage

Committed to offering the highest quality service to my clients, As a Mortgage Brokers we are able to help any client from start to finish. We are mortgage brokers and experts in locating the best mortgage for your individual circumstances.

We have extensive experience in the Jumbo, Super Jumbo, conforming mortgage, and particularly specialized in niche products. We can help you secure a residential mortgage loan, even if you have bad credit history or challenging circumstances. We pride ourselves upon finding the best mortgage for you in the shortest possible time, plus making the experience as hassle-free as possible. We have always been on the side of the customer, always suggesting the most appropriate mortgage for you. We have an unparalleled depth of experience within Mortgages for home buyers. All of our brokers and mortgage administrators have worked for several years within major lenders. Consequently we know what is required to get the best result in the quickest possible time. We offer unique set of products not generally available or offered by your banks and credit unions. Whether you need a mortgage...mortgage refinancing...or a home-equity loan, We are your best source for: the most simplest application process so you save time securing your loan. advice and guidance at every stage of your loan process. complete understanding of your financial situation even if you’ve had bad credit or financial problems in the past. a speedy closing procedure - so you can utilize your money to work right away!

Mission: We are committed to offering only the highest quality professional service to our clients, Realtors and associates in related fields. Over the past 25 years I have built a reputation of offering honest, ethical and thorough service to my

Operating as usual

www.car.org

Proposition 19: Proposition 19: Property Tax Increase Limits on Primary Residences

How does Proposition 19 change the rules on tax basis portability?
Property Tax Increase Limits on Primary Residences

car.org

nahbnow.com

Fannie Mae, Freddie Mac Conforming Loan Limits to Rise in 2021

Big news in the Market today!! Fannie Mae and Freddie Mac Announced an increase to the loan limits. Maximum $822,375. With the rates as low as they are this is the time to purchase or refinance your current mortgage!!

nahbnow.com The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021 will increase to $548,250 fro…

[10/23/20]   I’m NOT getting into politics here HOWEVER, if you intend to leave the country Nov 4th, Call me I WILL get your house SOLD for top dollar!!

Call me 818-717-7172!

finance.yahoo.com

Banks brace for ‘big bang’ switch on $80,000,000,000,000 worth of swaps

Very Interesting!!

finance.yahoo.com (Bloomberg) -- It’s being called the “big bang,” and it has derivatives traders on high alert.In a critical development in the global shift away from old benchmarks that was triggered by Libor’s…

bloomberg.com

Inside the New Coronavirus Relief Bill: a Total Eviction Moratorium

I think everyone missed this!

bloomberg.com The $2.2 trillion stimulus package passed by House Democrats includes a complete ban on eviction and foreclosure filings for 12 months.

finance.yahoo.com

The cities most at risk of a real estate bubble: UBS

Very interesting!!

finance.yahoo.com Home price growth in major housing markets across the globe have held up during the COVID-19 pandemic — but a few cities could be due for a sharp price correction, according to a new study.

sfvbj.com

Warner Center Fry’s Electronics Site May Become 880 Apartments Plus Hotel | San Fernando Valley Business Journal

Very interesting but I think the area is already over saturated with condos!

sfvbj.com Multifamily developer Kaplan Management Co. has shed more light on its intentions to build a mixed-use project at the site of Fry’s Electronics at 6100 N. Canoga Ave. in Woodland Hills.

myprogressivemortgage.com

Online Mortgage Applications And Forms - Apply Online

Sooo. I guess the real question is did we hit the bottom?

myprogressivemortgage.com Online Mortgage Applications And Forms - Apply Online

finance.yahoo.com

Mortgage rates slide to a jaw-dropping record low as COVID worsens

Give us a call we can help!

finance.yahoo.com Thirty-year fixed-rate mortgages have fallen further below 3%, a survey says.

bizjournals.com

San Francisco passes a permanent ban on evictions resulting from Covid-19 crisis - San Francisco Business Times

OMG!!

bizjournals.com Since the measure was introduced, it has pitted tenants rights activists versus landlords.

cnbc.com

Wells Fargo, worried about defaults, stops making loans to most independent car dealerships

AND THIS IS WHERE THE CREDIT CRUNCH STARTS!!

cnbc.com The move follows Wells Fargo's retrenchment from parts of the mortgage market as the coronavirus pandemic took hold in the U.S.

housingwire.com

Fannie Mae issues lender letter on self-employment income - HousingWire

Looks like guidelines are changing!

housingwire.com The new requirements were necessitated by “the pandemic’s continuing impact on businesses throughout the country,” Fannie Mae said.

cnbc.com

Home sales dropped nearly 18% in April, while decline in inventory pushed prices to a record high

Hmm. I have not seen a price drop in CA.

cnbc.com The economic fallout from the coronavirus hit the housing market hard in April.

housingwire.com

Fannie Mae, Freddie Mac will allow borrowers who took forbearance to refinance their mortgage

This is good news!!

housingwire.com The GSEs will now allow borrowers who went into COVID-19 forbearance to refinance their loan or buy a new home with the support of the GSEs.

marketwatch.com

Today’s stock market looks like March 2009, before the longest bull run in history, says Morgan Stanley’s Mike Wilson

Let's hope they are right!!

marketwatch.com Morgan Stanley’s Mike Wilson argues that the current stock market looks uncannily like March of 2009, when the U.S. economy was beginning to emerge from the...

remtgs.com

Rates flat as overall retail sales plummet, but not surprisingly, online sales soar

remtgs.com April retail sales slumped more than was thought, -16.4% on forecasts of -11.2%...

remtgs.com

Jobless claims come in higher than expected as the country slowly reopens

remtgs.com Jobs: Initial Weekly Jobless Claims were higher than expected (2.981M vs. est. of 2.500M)...

remtgs.com

Mortgage applications for home purchases jump, and Fed dismisses negative rates

remtgs.com MBA reported weekly mortgage applications last week +0.3% for the composite, purchase apps +11.0%...

remtgs.com

Inflation numbers continue to plunge lower

remtgs.com Inflation: One of the key measures of inflation crashed to its lowest level on record...

remtgs.com

Three things that can move rates this week

remtgs.com Three Things: These are the three areas that have the greatest ability to impact rates this week...

remtgs.com

Record unemployment, stocks jump higher, and rates flat

remtgs.com April employment data this morning, the worst since the Depression, as expected. The initial...

remtgs.com

Market Focus: Jobs numbers, central banks, and coronavirus

remtgs.com The Bank of England kept its key interest rate at 0.1%, which was widely expected. However...

remtgs.com

Purchase applications jump and the federal deficit balloons

remtgs.com Weekly MBA mortgage applications were essentially unchanged last week; the composite +0.1%...

remtgs.com

Purchase applications rise as states plan reopenings

remtgs.com The good news comes after a few weeks of sparse application numbers...

remtgs.com

This week rate markets will focus on the Fed, coronavirus, and jobs numbers

remtgs.com Three Things: These are the three areas that have the greatest ability to impact rates this week...

remtgs.com

Don't get sucked into a foreclosure rescue scam as you look for financial help

remtgs.com During these times when homeowners might be feeling the burden of financial strain...

cnbc.com

Wells Fargo will no longer accept applications for home equity lines of credit

This was expected! I think most big banks are going to stop and close down HELOC's

cnbc.com Banks have been retreating from loans tied to housing as the coronavirus pandemic impacts home values and the creditworthiness of borrowers.

remtgs.com

Rates remain calm as markets digest incoming economic data

remtgs.com Yesterday we were worried that the Fed meeting and press conference could cause...

remtgs.com

The Fed meeting this afternoon could set the stage for rate market trends

remtgs.com Since April 16, there has been no noticeable change in MBS prices, and the 10 yr note...

We are brokers

Call Us we can help you find your dream home.

remtgs.com

Rates tick lower as the market digests economic data

remtgs.com Trade Balance: The March Goods Trade Balance was $-64.22B vs. est...

Our Story

We are Real Estate and Mortgage Brokers and experts in locating the best property and the best mortgage for your individual circumstances. We have extensive experience in Conventional Jumbo, Super Jumbo, and Privet money loans and particularly specialized in niche products. We can help you secure a residential mortgage loan, even if you have bad credit history or challenging circumstances. We pride ourselves upon finding the best property and mortgage for you in the shortest possible time, plus making the experience as hassle-free as possible. We have always been on the side of the customer, always suggesting the most appropriate mortgage for you. We have an unparalleled depth of experience within Real Estate and Mortgages for all Real Estate buyers. All of our brokers and mortgage administrators have worked for several years within major lenders. Consequently we know what is required to get the best result in the quickest possible time. We offer unique set of products not generally available or offered by your banks and credit unions. Whether you need to purchase Real Estate or a New Mortgage or Mortgage Refinancing. We are your best source for you.

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5567 Reseda Blvd
Los Angeles, CA
91356
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