Chuck Schmautz NMLS ID 299961

06/13/2023

Another great trip to United Wholesale Mortgage, with the best Account Executive anyone could ask for. Thank you, Bobby Christian for all you and UWM do to make my life better!

05/12/2023

Hello! Thanks to all who took the time to leave a Google review for me and my services! I really appreciate the feedback and have enjoyed working with you all.

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Thanks again and as always feel free to reach out with any of your mortgage needs!

Mortgage broker in San Diego, California

09/21/2022

Using Wholesale Mortgage Lenders saves people considerable amounts of money...and is the reason I work where I do. Call me to see how much money I can save you today.

11/21/2020

Just a quick note to say that rates are still great! If you have not refinanced or purchased, and interest rates for Veterans are incredible. Just wanted to put the word out again

04/01/2020

Mortgage Forbearance Explanation and Warning!

Following is a note from Barry Habib at MBS Highway who is warning what it really means to go into Forbearance with your current Loan Servicer. Please check out the facts before you go forward with a Forbearance. This is a big deal.

The Covid-19 Coronavirus has led to some challenging times for all of us.

The Government has created the CARE Act, to assist homeowners whose income may have been adversely impacted by the coronavirus. One of the components of the CARE Act is the possibility of mortgage forbearance.

Forbearance is often misinterpreted. And while it is intended to help, it can have some dangerous repercussions. Many people are mistakenly thinking that forbearance equals forgiveness. It does not.

Forbearance means that the payments will be suspended for a short period of time, initially up to 6 months, but will need to be caught up when the forbearance period is over.

Think about when you buy something at a furniture store that offers “no payments” for 3 months. You still must pay for the furniture…the payments are just deferred.

But mortgage forbearance is even worse if the borrower has dug themselves in a deep hole and can’t catch up. Should this happen, the lender will enforce their right to be paid, which may cause the borrower to be foreclosed upon. They could lose all the equity in their home in the process.

Forbearance is designed to help those as a measure of last resort. It is not a free pass and may have serious consequences.

Depending on your situation, I may be able to help by eliminating your debts, lowering your payment, and giving you a cash cushion during these turbulent times.

I’m Chuck Schmautz, contact me to see how I can help.