Donovin Townsend - Mortgage Advisor

Donovin Townsend - Mortgage Advisor Empowering my community to acquire and manage home ownership efficiently. To verify licenses, visit www.nmlsconsumeraccess.org. (800) 995-2595.

Resident and contributor to Modesto, the Central Valley and California as a whole.
Powered by Change Home Mortgage | NMLS: 1839 Licensed to do business in California CA-DBO NMLS #: 1995576

Change Lending, LLC, dba Commerce Home Mortgage, is a state-licensed mortgage lender, NMLS ID #1839. Headquartered at 16845 Von Karman Avenue, Suite 200, Irvine, California 92606.

AZ: Arizona Mortgage Banker License #0925326; CA: Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, License #4150083 and California Financing Law, License ; CO: Registered Colorado Mortgage Company, Regulated by the Division of Real Estate; GA: Georgia Residential Mortgage Licensee #48010; OH: Licensed by the Ohio Department of Commerce, Division of Financial Institutions, Ohio Residential Mortgage Lending Certificate of Registration .804654.000. For other states, visit commercehomemortgage.com. All loans must meet CW’s underwriting guidelines. This information is intended for the exclusive use of licensed real estate and mortgage lending professionals in accordance with local laws and regulations. Subject to change without notice. All rights reserved. CHANGE LENDING, LLC AND ITS LOAN PRODUCTS ARE NOT SPONSORED OR ENDORSED OR BEING OFFERED BY THE U.S. TREASURY DEPARTMENT OR ANY OTHER GOVERNMENT AGENCY. © 2021. Change Lending, LLC. Equal Housing Lender-CDFI Certified Lender-

11/25/2021

Happy Thanksgiving from the Joshua Dobson Team! 🍁🦃

In the Season of thanks, count your blessings 🙌

… and go Cowboys 🏈🤞

🗣 "Getting denied for a mortgage, car loan, or credit card should be motivation enough to fix your Credit Health" - 🙆‍♂...
11/23/2021

🗣 "Getting denied for a mortgage, car loan, or credit card should be motivation enough to fix your Credit Health" -

🙆‍♂️Even getting approved with subpar credit, could present challenges or terms that are unfavorable for you

💳 By taking care of your Credit Health you can actually pay less $$$ for the SAME loan amount, vs. someone else would with a subpar score

🤦‍♂️"I pay for everything in cash"... That might have worked back in "the day" but times have changed 🤦‍♂️

(Here's why👇)
- Paying for everything in cash will likely limit your "Buying Power" (what you can afford). Since most people don't have $450k+ sitting around, buying a house might not be an option with that approach.

👉 Instead you could:
✅ Build up your credit profile,
✅ Qualify for the minimum down payment required
✅ Qualify for down payment assistance to reduce the $$$ you need to come up with

🤷‍♀️ From my experience, the people who have the courage to reach out are the ones who get the help they need!

👉 If you have questions about your Credit Score and what you can do, contact me. I'm here to help🤝

To avoid the plan ahead and visit:
www.JoshuaDobsonTeam.com to get started today

Contact:
Donovin Townsend
C: (209) 338-8030
E: [email protected]
NMLS 1995576

Follow: .mortgage

🏷:

🏠Buy with your future in mind🏠- Having a monthly payment that you can afford will allow you to save up while building eq...
11/20/2021

🏠Buy with your future in mind🏠

- Having a monthly payment that you can afford will allow you to save up while building equity in the home.

- Once you've secured your monthly payment, you can plan ahead.

- Over the past year, have seen their equity increase. In some cases, they've been able to remove their Mortgage Insurance early, because their home increased in value

Whereas were subject to rent increases at the landlord's discretion. With the recent valuations, many landlords have opted to sell their rental properties. This has left many families unprepared to buy.

To avoid the plan ahead and visit:
www.JoshuaDobsonTeam.com to get started today

Contact:
Donovin Townsend
C: (209) 338-8030
E: [email protected]
NMLS 1995576

Follow .mortgage

🏷:

📝 When applying for a mortgage, you need to know your numbers. 👉Knowing your "DTI" Debt-To-Income will let you know what...
11/12/2021

📝 When applying for a mortgage, you need to know your numbers.

👉Knowing your "DTI" Debt-To-Income will let you know what you may qualify for.

💳This calculation compares all of your monthly liabilities, to your pre-tax income.
Common Examples are: Car payment, Mortgage payment, Minimum Credit Card payment's, etc.

🏠It can provide a snapshot of "How Much" Mortgage you can afford.

For help calculating your DTI visit:
🌐www.JoshuaDobsonTeam.com
-or-
📲Contact:
Donovin Townsend
NMLS: 1995576
E: [email protected]
C: (209) 338 8030

“Let Our Family Bring You Home” -Joshua Dobson Team


✉️ Dear Hourly/Salary Workers, 👉 When looking to get Underwritten Pre-Approved, here's what you need to know:📩 Your docu...
11/05/2021

✉️ Dear Hourly/Salary Workers,

👉 When looking to get Underwritten Pre-Approved, here's what you need to know:

📩 Your documentation is how you verify your qualifications. This verification can be the strength you need to get your offer accepted.

✅ With your Verified Income + Debts, we can give you an exact budget + estimated payment. We need to ensure that you are comfortable with the monthly payment, AFTER your purchase.

📝 Doing your "homework" upfront, will allow you to focus on the most important part of the process: Finding the 🏠 that's right for you!

🤝 With our Underwritten Pre-Approval and a quality Realtor, you can submit your offer with confidence

Get yours today at:
🌐www.JoshuaDobsonTeam.com

📲Contact:
Donovin Townsend
NMLS: 1995576
E: [email protected]
C: (209) 338 8030

“Let Our Family Bring You Home” -Joshua Dobson Team


🏠Thinking about buying your first home or "starter home"?🏠When planning this purchase, do it with your future in mind. Y...
11/04/2021

🏠Thinking about buying your first home or "starter home"?🏠
When planning this purchase, do it with your future in mind.

You want to be sure this new home will:
1. Meet your family's needs. Pets included🐾
2. Be close enough to your place of employment💼
3. Have the necessary grocery stores, shopping and schools to meet your family's needs🛍

These questions might help you make the best investment in your lifetime. For more information

📲 Contact Me
Donovin Townsend
NMLS: 1995576
C: (209) 338 8030
E: [email protected]

"Let Our Family Bring You Home" - Joshua Dobson Team

Follow:mortgage

(What's Not Advertised/ Clearly Discussed With Buyers) IMO🤔You've got your down payment secured via savings, verified gi...
11/02/2021

(What's Not Advertised/ Clearly Discussed With Buyers) IMO

🤔You've got your down payment secured via savings, verified gift, or down payment assistance, now what?

📸Let's look at the complete picture:

💵 Closing Costs: The fees associated with the purchase of your home.
- Usually 2-3% of the loan amount. If you're quoted over 3%, you might be overpaying.
- Unless you explicitly agreed on "Paying Points for a specific rate," they are not mandatory. However, some DPA programs require an upfront charge.

🧾 Prepaids: The funds used to prepay your Property Taxes & Insurance.
- At closing 12+ months of Taxes + Insurance could be collected. It will be paid out of your monthly payment afterwards.

💰 Reserves: The liquid assets available after you complete your home purchase.
- Imagine you buy your dream home, move in and you have $10 afterwards. How would you pay for: your mortgage, credit cards, for groceries, furniture, etc..? (follow up👇)
- How would that situation change if you had 3-6 month's worth of mortgage payments saved up prior? Right...✅

That's why it's our duty to ensure your successful transition from Renter to Owner😎

📸Do you need the full picture?
visit
www.joshuadobsonteam.com
or
📲Contact:
Donovin Townsend
C: (209) 338-8030
E: [email protected]


“Let Our Family Bring You Home” -Joshua Dobson Team
Follow: x .mortgage

🏷:

📑 According to NAR (National Association ofRealtors), the contract signings in September weredown 2.3% from the month be...
11/01/2021

📑 According to NAR (National Association of
Realtors), the contract signings in September were
down 2.3% from the month before and 8% lower than
last year.

📆 NAR's chief economist Lawrence Yun, said that
"Some potential buyers have momentarily paused their
home search with intentions to resume in 2022.”
📈 Important to note, he mentioned that having fewer
active buyer's could "help slow down price increases".
This is important because homes are STILL forecasted
to appreciate in the foreseeable future. Rates are
forecasted to hit 3.7% by Q4 2022

👥With fewer active buyers in the market, you could
find your opportunity if you stick with it. Make sure you
know your budget, and find your place to call "home"🏠

🤝 The Joshua Dobson Team is here to help!
To find out what you are eligible for:
📲 Give us a call or visit www.JoshuaDobsonTeam.com
to get started today

Contact:
Donovin Townsend
C: (209) 338-8030
E: [email protected]
NMLS 1995576

Follow .mortgage

🏷:



10/31/2021

Happy Halloween from the Joshua Dobson Team! Enjoy🎃🎃🎃🎃🎃👻👻👻👻👻

.mortgage

🧠 "You don't have to be great to start, but to be great, you have to start." - Zig Zigler📑Whether it's starting a busine...
10/28/2021

🧠 "You don't have to be great to start, but to be great, you have to start." - Zig Zigler

📑Whether it's starting a business, building up your credit, or saving up to buy a home; set a plan and see it through!

👩‍🏫 By planning, you are allowing yourself to chart the route to a successful outcome. For saving up/paying down bad debt, that might look like dedicating Sunday to meal prep to avoid eating out.

🧑‍💼 Ex*****on is following through with the plan you created. For saving up/paying down bad debt, that might look like skipping drinks at the bar Saturday to use that $$$ to save/pay down bad debt

📈 Improving the process is learning from the gap between your plan & what actually happened. Find out what you did not account for and plan again. It's ok if you don't succeed the first time, but don't give up.

🔄 Repeat! If your goal didn't pan out this time/month/opportunity, learn and come back better. If you won on the first try, set that goal higher or for a longer duration to push yourself. Either way, you miss 100% of the shots you don't take.

By applying this process + consistency (🗝) you can achieve almost anything.

What's the next goal you're looking to achieve?
👇Let me know in the comments👇

📲Contact:
Donovin Townsend
C: (209) 338-8030
E: [email protected]
NMLS 1995576

“Let Our Family Bring You Home” -Joshua Dobson Team

🏷:

🚩🚩🚩Waiting for the housing crash...? (Don't hold your breath)There are still more buyers, than units available. In the l...
10/27/2021

🚩🚩🚩
Waiting for the housing crash...? (Don't hold your breath)
There are still more buyers, than units available.

In the late 2000's we had owners who could not afford to live in their home due to a loan that adjusted or an interest only loan that became due in full. At the time there was not a shortage of homes or demand of buyers to support the value.

After the market was hit + the loan adjusted or became due, selling was a tough option. Owners with interest only loans, had not paid anything to the principal during their time there. This often times left them owing more $ than their home was worth.

Now, with higher lending requirements in place BECAUSE of the late 2000's, we should not have the same result. 30 year FIXED mortgages with credit, income, asset and employment verification presents a mitigated risk. 🔥

The largest group looking to buy is 27-35 which leads me to believe the demand is not going away anytime soon.

Take advantage of low rates before they rise.

To find out what you are eligible for:
📲 Give us a call or visit www.JoshuaDobsonTeam.com to get started today

Updates:
Donovin Townsend
C: (209) 338-8030
E: [email protected]
NMLS 1995576

🏷:

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10/27/2021

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Address

3507 Tully Road, Ste. 20
Modesto, CA
95356

Opening Hours

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

Telephone

+12093388030

Website

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