My City Financial

Golden Words to live by...Thank you Paul! #RIP

Important Update: The Federal Housing Finance Agency (FHFA) is implementing an Adverse Market Refinance Fee for loans purchased by FNMA and FHLMC on or after December 1, 2020. The refinance fee applies to all cash-out and rate/term refinances. What does this mean? Well, things just got expensive because a .50 refinance fee on all cash-out and rate/term refinances locked on or after Monday, October 9, 2020 will be implemented from our office. All loans should be locked before... this date to avoid this fee. If you considering to refinance or even taking out some cash for whatever reason, then please call us to refinance your property. Purchase or Refinance - Apply Online or Call 866-219-7773 https://www.mycityfinancial.com/ "Funding loans since 1994" - Personal Service and Fast Closings! Notary Public BBB rating: A+ "Like" us on Facebook

Interest Rates have dropped again!!! The current 10 year yield today is 0.64%. Today's 15 year fixed conforming loan is 2.25% APR 2.346%... For "ZERO POINT" loan rates and other programs, log onto https://www.mycityfinancial.com/todays-rates/ Call for a rate quote - "Personal Service and Fast Closings" All loans will be locked for 45 days due to market volatility. Purchase or Refinance: Call / Email: 866-219-7773 (toll free) or [email protected] Notary Public BBB rating: A+ "Funding loans since 1994" "Like" us on Facebook

Many of our clients have been asking questions on the different options of holding title on their estate. When we first began funding loans in 1994, most of our married couples took title as joint tenants. Soon after, many preferred holding title as community property. Now, some hold title in a living revocable trust. So, it all depends on what your individual needs maybe currently and what you intend to have done for in the future. A complex estate may include but not lim...ited to having conditions for beneficiaries to perform, high dollar life insurance policies, special needs beneficiaries, skipping generations, taxes on the estate, etc. It is always advisable to retain the services of an estate attorney to ensure that the complex laws in California including other respective states are legally followed and administrated. An alternative and definitely cost savings would be to prepare your trust individually especially if your trust is not complex and you can freely name your grantor, trustor, or settler. There are many online software’s, such as legal zoom, Quicken Will Maker & Trust, etc. They have made it very user friendly and simple to use, just follow the prompts and questions. Once finished, the system will prompt an option to utilize a document organizer for you to print and notarize certain forms to be saved and filed. Forms that need to be notarized can be done at our office in Artesia or by calling our mobile notary at 562-608-8811 (California). Since, a living trust is an estate planning document or contract during one’s lifetime; it is not to be taken carelessly. Money should not be the sole decisive factor on creating one or not, but having something in place that is legally written to incorporate and endorse current estate laws of the respective state is invaluable. Please discuss your situation with an experienced estate attorney on specific viable options to maintain the integrity of your revocable trust. Interest Rates Are Dropping Again!!! For current rates and programs, log onto www.mycityfinancial.com Purchase or Refinance: Call 562-608-8811 Notary Public BBB rating: A+ "Funding loans since 1994" "Like" us on Facebook

We will never forget this day in history... April 2, 2020 -Gas prices were $1.89, $1.69 in some places -School cancelled/distant learning. -Self-distancing measures on the rise.... -Tape on the floors at grocery stores and others to help distance shoppers (6ft) from each other. -Limited number of people inside stores, therefore, lineups outside the store doors. -Non-essential stores and businesses mandated closed. -Parks, trails, entire cities locked up. -Entire sports seasons cancelled. Like NBA, MLB, ALL sports! -Concerts, tours, festivals, entertainment events - cancelled. -Weddings, family celebrations, holiday gatherings - cancelled. Funerals limited to a specific number and being live streamed. -No masses, churches are all closed. During Easter season. -No gatherings of 50 or more, then 20 or more, now 10 or more, and even this is encouraged to be limited to immediate family. -Don't socialize with anyone outside of your home. -Children's outdoor play parks are closed. -We are to distance from each other. Six feet! -Shortage of masks, gowns, gloves for our front-line workers. -Shortage of ventilators for the critically ill. -Panic buying sets in and we have no toilet paper, no disinfecting supplies, no paper towel no laundry soap, no hand sanitizer. -Shelves are bare. Hard to find beef, eggs, milk. Sending one family member to shop. -Manufacturers, distilleries and other businesses switch their lines to help make visors, masks, hand sanitizer and PPE. -Government closes the border to all non-essential travel. -Fines are established for breaking the rules. -Stadiums and recreation facilities open up for the overflow of Covid-19 patients. -Big industries help make more ventilators, & more masks for hospitals. -Press conferences daily from the President and the governess. Daily updates on new cases, recoveries, and deaths. -Government incentives to stay home. -Barely anyone on the roads. -People wearing masks and gloves outside. -Essential service workers are terrified to go to work. -Medical field workers are afraid to go home to their families. This is the Novel Coronavirus (Covid-19) Pandemic, declared March 11th, 2020. Why, you ask, do I write this status? One day it will show up in my memory feed, and it will be a yearly reminder that LIFE IS PRECIOUS and not to take the things we dearly love for granted.... hugs, social interaction - like the real kind verses the Zoom kind, sitting in a restaurant, or in a coffee shop with a friend or family, Friday night family night! We truly have so much! Be thankful. Be grateful. Be kind to each other - love one another - support everyone. We are all one! stop the division and the blaming. Seek the good! Be the good! Love well (on Zoom, or in person when we can gather together again). Copy and share.