Mortgage lending can be transformative

Mortgage advisor:

Dominique Stevens, Mayfair Mortgage Advisors.

Property type:

Single-family home in Petaluma. $650,000 8.75% Reverse mortgage. Mortgage lending is a complex financial industry. Professional loan officers and mortgage brokers are required to maintain a high level of knowledge and education about the lending process, the federal guidelines, the standards, the various programs and the banks that are available for their customers’ needs.

We are required to maintain

Loan amount: Interest rate: Loan type: Backstory:

a high level of ethical standards as well.

A truly exemplary loan officer takes lending to another level, when they realize that the work that we do will transform our clients’ lives beyond the complexities of the transaction. To be able to strategize complex portfolio scenarios for our customers is when mortgage lending truly becomes a rewarding career.

We had helped our client over the years to finance several properties, and helped them to build a real estate portfolio for a very comfortable retirement. When we met for coffee to catch up, they told me about their love of volunteering at an animal sanctuary for the past 15 years.

An opportunity had come up for our client to possibly purchase the pet rescue center. We tossed around ways to finesse this business purchase, and the most reasonable was to use the reverse mortgage and do a cash-out refinance on their primary residence that they owned free and clear.

With the proceeds, they could purchase the business and never have to make a mortgage payment for the rest of their lives. Their other properties that we had helped them to purchase threw off enough net income to have a very comfortable retirement, worry free. Another beneficial feature for our clients is that the proceeds from a reverse mortgage are not taxable income.

This solution helped our client be able to purchase the business and continue caring for the animals that they loved, a worthwhile endeavor.

$1,650,000 7 El Corte Sat 1-3:30/Sun 1-4 3bd/2ba Single level rancher w/walls of oversized windows & sliders making indr/outdr living a breeze! DRE# 01964989

Christina Linezo VillageAssociates.com (415) 425-3085

$2,495,000 60 Tarry Lane. Open Sat/Sun 1-4

Enjoy privacy & spectacular views from this 5bd/4ba beautiful & spacious Sleepy Hollow Mediterranean! DRE# 01969953 Meara Dunsmore VillageAssociates.com (925) 282-0900

$2,695,000 7 Hilldale Court Open Sun 1-4

Gracious 3602 sq.ft. home + huge bonus rm on .96 acre. Level yard, pool, garden. Large farmhouse kitchen! Joan Evans & Angie Evans Traxinger VillageAssociates.com (925) 260-7555

$2,795,000 427 Dalewood Dr. Sun 1-4

Coveted Orinda Downs! 4bd/2.5ba Lg lvl lot w/pool, lawn, covered outdr rm, updates, great condition! DRE# 01407784

Ashley Battersby & Linda Ehrich VillageAssociates.com (925) 323-9955

NEW PRICE! A Boater’s Dream...a waterfront property overlooking the marina at Brickyard Cove with a private dual sided boat dock that’s 52ft long. A weekend retreat or year-round vacation home just a few miles from SF, East Bay cities & Marin, this gorgeous property boasts wrap around decks, multiple glass doors, clerestories, skylights & vaulted ceilings,

a chef’s kitchen w/ ss appliances & massive center island that’s open to the LR & Dr-all w/hardwood floors, deck access & marina views-perfect for entertaining. Upstairs there’s an airy loft for reading or media, plus 3 BR’s & 2 remodeled baths including the Primary suite/ ensuite bath, walk-in closet, French balcony & water views. Bring your bike, boat, kayak!

www.1295sanderling.com, carla.dellazoppa@compass.com, Compass 510.325.1588, DRE 00595328

$2,850,000 7 Drakes Cove Rd Open Sunday 2-4pm! NEW PRICE! Elegant 3BR/3.5BA home. Sweeping vistas of the Bay and Mt. Tam are enjoyed from most rooms. South facing, it enjoys a wash of light + colors from sunrise to sunset. Built in 2009, this home has been renovated to a high standard. Its high ceilings, use of natural stone, updated elevator, hardwood floors, and high grade materials are beautifully integrated. The convenient location of this home is a huge benefit. Seconds away from fantastic shopping, award winning restaurants, hiking + biking trails, hwy. 101, ferry + smart train Wright in Marin Team DRE 01495932 415-601-8191 wrightinmarinteam@compass.com

$1,198,000, 113 Union Street, Open Sun 2-4 Beautifully remodeled home in central San Rafael. This sun-drenched 3bd/2.5ba home offers a finished garage that could be used as a office or 4th bedroom! Updated kitchen, remodeled baths, and great indoor/outdoor living w/ a large island, wet bar, and spacious deck, www.113UnionSt.com Laura & Danielle w/ Winkler Real Estate Group 415-948-1282

$2,900,000 7749 Foothill Ranch Rd. Sun 1-4 Lindal Cedar Home, Inspired Frank Lloyd Wright Design. New Single Story Contemporary Ranch Style on 10 acres, 3BD, 2.5BA, Foothill Ranch Development. Mountain Vista Views! Jacklyn Wright-Gridley Etchell BHHS 707-490-5119, DRE#00968668. jacklynwge.bhhsdrysdale.com $2,300,000 19370 7th St. E. Sun. 8/28 12-3pm Valley floor, coveted Eastside Sonoma lane as seen in Veranda Magazine: Entertaining garden oasis with multiple outdoor garden and entertaining areas on .69± acre. Chic pool pavillion, hidden indoor/outdoor style casitas, fountain path, pond. Near the historic downtown Plaza, 15±minutes to Napa, 1± hour to San Francisco.

SonomaRetreat.net Sotheby’s Int’l Realty

Evan Shone 707.328.9288 DRE# 01967200