Garrick Werdmuller's Blog

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Mortgage and Lending - Caliber Home Loans - NMLS# 242952
RECENT BLOG POSTS
Alameda, CA is a town with many beautiful Victorian and Craftsman style homes. Often an older home will come onto the market that has great potential but could use a little TLC. How can a homebuyer purchase one of these Alameda homes and afford the repairs? A 203K rehabilitation mortgage is just ...
05/20/2011
With home values still declining in the Bay Area many homeowners cannot take advantage of today's low rates on a home mortgage loan refinance. Values in the Bay Area are still declining and we see appraisal issues quite often when refinancing properties in San Francisco, Oakland and Alameda. If y...
05/13/2011
05/06/2011
Here in Alameda, much of the higher priced real estate on Harbor Bay Island, or Bayfarm Island, has been hit hard recently by the market. Many pockets of the Bay Area are stable now, however, this higher priced area is losing equity.  We were able to help many of the Veteran Homeowners refinance ...
04/15/2011
YES!...actually... For eligible veteran and active duty military borrowers in Alameda, CA a VA loan is often a better option than a conventional mortgage. This is due to the many distinct advantages offered by VA loans. For starters, VA loans have fantastic interest rates. VA loan rates can be up...
04/14/2011
Alameda, Ca., We have seen a lot of military residents in Alameda and a lot of VA financing. How long?  Well here is a brief history of  "NAS Alameda"... Congress approved $10 Million to develop a Naval Air Station here in 1938. The station commissioned on November 1, 1940, with a minimum of faci...
04/13/2011
04/08/2011
Alameda Ca. What property types are available for financing in the Bay Area?  With VA mortgage loans, you are allowed to take out a loan on either the purchase of an existing home or for the construction of a new home. However, VA mortgage loans are for primary residences only; you cannot purchas...
03/30/2011
Because of Coast Guard Island we see a lot of military in Alameda, Berkeley, Oakland, and Emeryville.  The funny thing is when it comes to home buying there seems to be a lot of confusion about VA Mortgage Home Loan Financing. A big question real estate agents frequently ask is: "Who is eligible ...
03/30/2011
Alameda, CA is a town with a long military history. Since we have lived here, they have been trying to renovate about 1/3 of the main island which was base to the Coast Guard. Just a little history.... originally known as Government Island, this artificial island was formed in 1913 by the dredgin...
03/23/2011
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