Address: Above the Visitor Center, 14 N 5th St, Redlands, CA 92373, USA
Phone: +19093768399
Sunday: Closed
Monday: 8AM–4PM
Tuesday: 8AM–4PM
Wednesday: 8AM–4PM
Thursday: 8AM–4PM
Friday: 8AM–4PM
Saturday: 8AM–4PM
Robert Pendley
They care! Working with Dave was wonderful. He listened he helped and walked us through a lot of questions. We didn’t have the best credit so he helped us improve it and show us ways to keep it up. I recommend Dave O’Hara for all real estate and loan needs.
josie dusold
Dave O’Hara with About Redlands Realty & Loan is always so willing to help. I can always count on him to answer my real estate quieres in a timely fashion. Such a bright and friendly person! I highly recommend Dave.
Jeff Gaastra
David OHara and I are friends through competitive water skiing. David is a good water skier and a great Real Estate Broker! He managed to sell 3 agricultural properties our Lake Association purchased for water rights, for more money than we wanted and in record time! If you are looking to sell or buy David is your guy!
Catherine Stillings
About Redlands Realty was extremely helpful with our first time home buying process. Being business owners, my husband and I had go through alternate routes for a new home loan. Dave walked us through the process and thoroughly explained every step to us. He was so responsive with our many questions and we always felt like he had our best interests in mind. We are now happy homeowners thanks to About Redlands Realty and we cannot recommend Dave and his services enough! We are looking forward to working with him again in the future.
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Great questions - Retirement mortgage (Reverse mtg) Actually these loans are fantastic for many retired people even as young as 55 years old. 62 is the general guideline but we can chat about that at a future time. Pros - No Payments, Borrower stays in their home till the day they pass, their heirs then simply pay off the existing mortgage with a refinance or sell the property or write a check. A reverse mtg is a regular loan, insured by the US Government just like an FHA mtg. Cons - The loan doesn't have impounding as an option, so the borrower would need to pay their Insurance and Property taxes individually. Also, a Rev mtg will require that the borrower not vacate the property for more than 6 months at a time. Also of interest, if the borrower has a younger spouse, as long as they are registered on the loan, they too will be allow to remain in the home, without making payments for their lifetime. 2nd Qst - All loans are based on 4 pillars, Income / Assets / Credit / ...
The amount you qualify for is in direct relationship with loan programs you're interested in, your debt-to-income ratio (DTI), the loan-to-value (LTV), and the depth of credit profile you have (which includes, of course, your credit score!). A good rule of thumb is 45% of your monthly income would go to pay all loans.
Need? None really. There are over 140 different down payment assistance loans that can help. Also, if you qualify - First Time Home Buyers (FTHBs) can put as little as 3% down on a conventional purchase or 3.5% on an FHA. It really comes down to your unique situation, and your financial plans when it comes to monthly mortgage payments and style of living.
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