Waheeda Aazaad Loan Originator

Waheeda Aazaad Loan Originator Mortgage Loan Originators help with financing. I help existing homeowners reach goals .....by refinancing for whatever reason.

They make sure the loan for your dream home is approved and work closely with Real Estate Agents for a smooth transaction.

“Just Keep Stacking Your Money, Plot and Plan.”
02/18/2024

“Just Keep Stacking Your Money, Plot and Plan.”

This information is designed to help understand financing and to learn it is available for YOU and YOU can qualify for i...
10/23/2023

This information is designed to help understand financing and to learn it is available for YOU and YOU can qualify for it like anyone else. But, you have to know and follow the rules of the game.
#1. Traditional Financing:
If you have a job/ If you receive check stubs either weekly, biweekly, monthly or semi monthly/ You have 12 months bank statements you can qualify for a “Full Documentation Loan” using a DPA “Down Payment Assistant Program”with 100% financing. You only need Reserves and money for Prepaids. See previous post for definition of these terms.
#2. Non-Traditional Financing:
If you’re Self-Employed or you are 1099
You have a business bank account
You make regular deposits
You have bank statements for 12 or 24 months
You can qualify for a mortgage loan

Advantages and Disadvantages of Mortgage Loans

The advantages:
Your home value will rise over time.
By converting your home equity into cash you can build wealth.
Refinance pull out $10,000 - $15,000 to open a business or buy another property to rent out to generate another source of income so you can quit that job you hate.
Create and build an Estate which can be part of your legacy. Stop paying rent which is paying someone else’s mortgage.

The Disadvantages:
Buying a property you can’t afford trying to impress others struggling and losing it to foreclosure....the solution is to get a starter home and move up from there.

Types of Mortgage Loans:
Full dock loans FHA, conventional, DPAs.

Other Loan Types:
For those who cannot qualify for mortgage loans under normal circumstances you know we have bank statement loans and we have the 1099 income loan option for self-employed people freelancers, contractors, gig economy workers who file using W9’s, and many other job workers. There are other loan types not listed here but to get my point across this will suffice.
PLEASE DM ME ~ Let’s plan together so next year you will be ready to purchase your new home.

Have you got a free copy of your credit report yet? You can start buil...
07/27/2023

Have you got a free copy of your credit report yet?

You can start building your credit by opening and using credit cards in moderation. If you don’t have a credit card try applying for one from a department store or applying for a secured card from a bank — one that requires a cash security deposit. Keep in mind that these options usually have a lower balance limit and a higher interest rate, so you want to use them in moderation and pay your bills on time. Showing consistent on-time payments will help you establish your credit and strengthen your score.

By building and using credit responsibly you’re helping establish a credit history that can be used to help you achieve your financial goals.

Credit Companies & Their Contact InfoGET A FREE COPY OF YOUR CREDIT REPORT Once A Year.www.annualcreditreport.com(877) 3...
07/09/2023

Credit Companies & Their Contact Info

GET A FREE COPY OF YOUR CREDIT REPORT Once A Year.
www.annualcreditreport.com
(877) 322-8228
THREE MAJOR CREDIT BUREAU in USA
Equifax (800) 525-6285
Experian (888) 397-3742
TransUnion (800) 680-7289

Remember the thoughts that you choose to harbor determine everything that happens in your life. You are free to choose the content of your conscious mind, in so doing you are choosing every other part of your life. We CANNOT remain the same and somehow change. Let’s work on ourselves!!
My next post will be “Understanding Financing.” The advantages and disadvantages of Mortgage Loans and the Types of Mortgage Loans.

Information On How To Get Credit Report...GET A FREE COPY OF YOUR CREDIT REPORT Once A Year.www.annualcreditreport.com(8...
07/09/2023

Information On How To Get Credit Report...

GET A FREE COPY OF YOUR CREDIT REPORT Once A Year.
www.annualcreditreport.com
(877) 322-8228
THREE MAJOR CREDIT BUREAU in USA
Equifax (800) 525-6285
Experian (888) 397-3742
TransUnion (800) 680-7289

Remember the thoughts that you choose to harbor determine everything that happens in your life. You are free to choose the content of your conscious mind, in so doing you are choosing every other part of your life. We CANNOT remain the same and somehow change. Let’s work on ourselves!!
My next post will be “Understanding Financing.” The advantages and disadvantages of Mortgage Loans and the Types of Mortgage Loans.

Lenders use your credit report history to judge how you’ve managed credit in the past and to decide the type of loan, th...
07/09/2023

Lenders use your credit report history to judge how you’ve managed credit in the past and to decide the type of loan, the amount and the interest rate you qualify for. Good credit can help you qualify for larger loans and get better interest rates, which in turn allows you to pay LESS monthly on your mortgage. Lenders look at your current financial situation including income, assets, debts and other liabilities.
Credit is an important part of your FINANCIAL HEALTH. To have great credit you must keep them active so after you pay off a credit card and you don’t want to get back in debt just pay one fixed monthly bill either auto pay or direct and this will keep the credit card active. But, Do Not Close the Account. Aging is vital in terms of your history and maintaining a good credit score.

YOUR FICO CREDIT SCORE is a summary of your credit history in a few numbers between 300 to 850. A good score is usually 700 and up. Middle to high 600’s are good too. To improve your credit and increase your credit score:
1) Pay your bills on time, if a little late after paying it call and ask to have the LATE FEE waived.
2) How many credit accounts do you have? You only need three or four “Revolving Accounts” which are credit cards. “Installment Account” such as car loan or personal loans, business loan. You on’t need five or eight, nine credit cards.
3). Are you maxed out? This is looked upon as very bad and will lower your FICO Score. So bring down your Credit Utilization Ratio by paying down your debt this will increase your FICO Score.
4) How long have you had credit? Keep your old credit card accounts that are paid off active by using the above scenario.
5). Stay away from new debt, manage what you have.

If you are considering moving up, reach out to me so that I can get you pre-qualified for a loan in order for you to ma...
08/06/2019

If you are considering moving up, reach out to me so that I can get you pre-qualified for a loan in order for you to make an educated decision. Send me a private message or call me at (310) 776-0357.

Your Trusted Mortgage Loan Originator

Address

Hacienda Heights, CA

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+13107760357

Website

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