Joe Armenta: A Great Cook and Mortgage Loan Specialist

This week's guest is Joe Armenta, Senior Loan Specialist from the Jayco Capital Group.  He explains mortgage lending in the most easily understood and charming way.

This is what Joe has to say about himself:

Residential Loan Specialist with Jayco Capital Group located in Newport Beach, a "Direct Lender" specializing in the Super Jumbo home loan market. We offer Conventional loans, VA, FHA, CalSTRS as well as hard money loans. I have covered that wide area that straddle's the L.A./Orange County Line for over 20 years. In today's mortgage market, it takes a lot more than knowing how to fill out an application and smile. The days of sub-prime are long gone and so are those loan officers who only needed to get a FICO score. Today you need to know your underwriting guidelines through and through, you need to know the appraisal process, value trends, be well versed in the Mortgage Backed Securities Market and Know How to Close Escrow On Time. I have closed hundreds of home loans, I speak Spanish, have a full office in my home, life is good and I look forward to answering any questions you may have. Thank you.