Who is HomeServices Lending?

Gary Harmon, with his 20 years of experience in the San Diego North County real estate market, has put together a top group of winning team members. Members are California Title Company, Pickford Escrow, HomeServices Lending, First American Home Warranty, Disclosure Source, and Prudential California Realty, all backed by the power of Warren Buffett.  See the video below on HomeServices.


Home Services Lending is an affiliate of Wells Fargo Home Mortgage, a AAA-rated company.   As both a Wells Fargo affiliate and a mortgage broker, HomeServices Lending has a network of banks and financial institutions to ensure you get the program you want at  the interest rate you deserve.  I have choose to work with Curtis Fox.  Curtis’ experience combined with his consummate professionalism, make him your best choice for a mortgage consultant.

HomeServices Lending has access to many nationally recognized lenders and housing programs. With access to brokered-out and correspondent lending programs—as well as access to the Wells Fargo Home Mortgage product
portfolio—they can provide a wider array of innovative loan packages to help meet your individual needs.

Other members of Gary’s team that will help you have a smooth Carlsbad purchase are

  • Prudential California Realty
  • California Title Company
  • Pickford Escrow
  • Prudential Relocation

Contact Gary Harmon to see Carlsbad homes for sale and let him hook you up with his outstanding winning team.

Why Gary Harmon recommends HomeServices Lending

Customer service is my number one goal in any Carlsbad real estate transaction.  And studies have proved that consumers who use one-stop shopping consistently report higher satisfaction levels more frequently than those who use multiple sources.

Photo by Kyle CanonI can count on Home Services Lending to help you get the financing needed to complete your Carlsbad purchase.  Your success is their success!  No other lender is more committed to providing you with outstanding service. HomeServices Lending can provides the highest level of communication during our transaction. I can deliver a superior Carlsbad home buying experience more consistently when working with a cohesive in-house team.

Purchase transactions are the majority of Home Services’ business. With HomeServices Lending, you can expect depth of knowledge, and clear and honest communication throughout the entire Carlsbad purchase transaction.  They will help you make informed Carlsbad real estate decisions about the loan options available.

HomeServices Lending is a safe and reliable financial choice. As a joint venture between Wells Fargo Home Mortgage and HomeServices of America—a Berkshire Hathaway Affiliate—it is a well-capitalized company. Home Services will continue to provide a comprehensive selection of loan programs, competitive pricing, and high-quality services. They hold fast to long-standing responsible lending principles.

HomeServices Lending has access to many nationally recognized lenders and housing programs. With access to brokered-out and correspondent lending programs—as well as access to the Wells Fargo Home Mortgage product
portfolio—they can provide a wider array of innovative loan packages to help meet your individual needs.

Other members of Gary’s team that will help you have a smooth Carlsbad purchase are

  • Prudential California Realty
  • California Title Company
  • Pickford Escrow
  • Prudential Relocation

Contact Gary Harmon to see Carlsbad homes for sale and let him hook you up with his outstanding winning team.

Current Mortgage Rates May Go Up – HomeServices Lending

Mortgage Bankers Association Releases Statement

When buying San Diego North County homes, expect fixed mortgage rates to go up over the next few years.  So, now is the time to buy that Carlsbad home for sale, Oceanside home, Vista CA home, San Marcos CA home, Escondido real estate, or Encinitas home.  I work with HomeServices Lending and would be glad to put you intouch with a great mortgage broker.  Find out what size of San Diego North County home you can afford now. 

Dont’t Miss the Boat

Now is the time to get into action, don’t miss the boat.  Now is the time to get off the fence and to buy that San Diego North County home.   According to the Mortgage Bankers Association statement released on October 26, 2010, fixed mortgage rates are expected to average about 4.4 percent in the fourth quarter of 2010, increase to 5.1 percent by the end of 2011, and head towards 5.7 percent in 2012. A 1% increase in mortgage rates will make a significant change in the average monthly San Diego house payment.

Rate Increases and Monthy Mortgage Payments

We will look at the effects of a rate increase on your month payment assuming you purchased a $500,000 home, put down 20%, and took out a home mortgage of $400,000.

  1. Using the 4.4% rate for a $400,000 mortgage your North County home mortgage payment would be $2003.04.  These examples just include principal and interest, they do not include taxes and insurance.
  2. At 5.1% for the same $400,000 mortgage, your payment for principal and interest would be $2170.80 for your 30 year loan.
  3. At 5.7 for the same mortgage amount of $400,000, your payment will be $2321.60.

Many San Diego North County buyers that can qualify for a loan at 4.4% can no longer afford the same North County house at a mortgage of 5.7%.   They would have to buy something much cheaper.   Get actual numbers on what you can afford.  Contact Gary Harmon and let him introduce you to a great mortgage broker at Home Services Lending.  Start looking for your San Diego North County dream home today.

Other Key Points

• Real GDP growth will be 2.2 percent in 2010, although most of that was seen in the first quarter and growth is estimated to have slowed to around 1.5 percent in the third quarter and 1.9 percent in the fourth quarter. Growth is expected to be about 2.1 percent in 2011 and 3.0 percent in 2012.
• The unemployment rate will increase from the current level of 9.6 percent to 9.9 percent by the first quarter of 2011, end 2011 at 9.5 percent, then fall to 8.7 percent by the end of 2012. Mortgage delinquency and foreclosure rates should track this downward trend in the unemployment rate.
• Fixed mortgage rates are expected to average about 4.4 percent in the fourth quarter of 2010, increase to 5.1 percent by the end of 2011, and head towards 5.7 percent in 2012.
• Total existing home sales for 2010 will be around 8 percent lower than in 2009, despite a boost to sales in the first half from the homebuyer tax credit program. Existing home sales are projected to increase modestly in 2011, increasing by a little less than 2 percent, before increasing by about 16 percent in 2012.
• New home sales for 2010 will be down by about 13 percent relative to 2009. We estimate that new home sales bottomed in the third quarter of 2010 and will begin a slow recovery in 2011, increasing around 20 percent from a low base, and then increasing 40 percent in 2012 as markets recover.

18 Questions to Ask Your Lender

When buying Escondido real estate, it is important to find the right home with Gary Harmon, your Escondido Realtor, but it is also important to select the correct lender. After working with many lenders over a 20 year period, Gary has selected Home Services Lending for his winning team. Whether you choose Joyce Nathan at Home Services Lending or select a lender on your own, you should the lender the following important questions.

  1. Will you provide local in person services.  Sometimes Internet lenders are hard to work with?
  2. Are you a licensed mortgage broker or mortgage banker.  Mortgage broker’s, like Joyce Nathan at Home Services Lending, usually have access to a larger variety of lenders?
  3. Once I get a loan approval, is the approval guaranteed?
  4. Do you provide a Good Faith Estimate to me and my Escondido Realtor, Gary Harmon?
  5. Will you let me know up front what fees that you expect me to pay out of pocket?
  6. How long does getting a loan from Home Services Lending take?
  7. At what point in the process can we lock the rate on my Escondido home.
  8. Is Home Services Lending available nights and weekends if I need to lock a rate or if I need to get answers to questions reguarding my loan?
  9. What kind of loan conditions are there ( gift letters, proof or funds, bank statements, etc.)?Do you have a quick automatic underwriting process for my Escondido home loan?
  10. Can Home Services Lending guide me in selecting the right loan program?
  11. When do we get the Escondido real estate I  am buying appraised?
  12. How far in advance of close of escrow on my Escondido property does the mortgage package go out?
  13. Do I have to pay mortgage insurance and what determines how much?
  14. Can you guarantee that you will meet my commitment date ?
  15. Does Home Services Lending guarantee closing dates?
  16. Do you review the final Hud-1 Settlement Statement before closing?
  17. Do you do wire fund transfers?
  18. Will you be available to answers even after closing on my Esocondido home?