Danny Salas

Archive for the 'Loan Qualification' Category

Access TV – HARP 2.0

Welcome to the brand new ACCESS TV featuring Daniel Salas explaining your mortgage financial needs!

In this first segment, Daniel gives you a detailed laydown for the second installment for the HARP program (HARP 2.0). This refinancing option may help lower your mortgage payments! Remember to stay tuned into our website or social medias to see the upcoming mortgage videos.

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Danny Salas of Access Real Estate Lending in Chico, Ca.
Video Produced by: Alpine – For Access Real Estate Lending 2012.

*This industry changes rapidly and on a daily basis, information after posting may be subject to change.

Taxes and How to Submit them if Potentially Applying for a Home Loan

Real Estate Radio Today

Listen to Daniel C. Salas’s important new local radio segment on Real Estate Today Radio 1290 AM. Hear why electronically filing your taxes to the IRS could be a big problem if you plan on getting a home loan.

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Related Article on Tax Filing

Paradise Relay for Life

Daniel C. Salas is a member of Paradise Rotary, and this year, Rotary has joined a Relay4Life team, “Corral Cancer”, in hopes to bring an end to cancer for its crimes against humanity. So far, Corral Cancer has raised $5,559.97 of a $10,000 goal! The team has some great fun-filled community events to help promote awareness of the event and raise donations leading up to the actual Relay on June 2, 2012 at Paradise High School. Every dollar raised brings us one dollar closer to a cure, and to a world with more birthdays. We hope you can be a part of this great cause in whichever way you like.

Crimes Against Humanity

Cancer is a disease that has affected almost all of you in one way or another, in one form or another. Many are battling it, survived it, or lost a loved one(s) to it. Today, 38.08 (1 in 3) woman are at risk for developing an invasive type of cancer while 44.85% (1 in 2) men are at risk. The American Cancer Society has created Relay4Life, a huge nationwide event that helps raise money for the research, education/awareness, and triumph of cancer. Participants of Relay For Life celebrate loved ones who have won their battle against cancer, remember those who are no longer with us, and fight back against this disease that touches so many.

You may Volunteer, Join, or Donate Here

Or by sending a check made payable to the
‘American Cancer Society’
7054 Skyway, Paradise, CA 95969 – (Rob Anderson, CFP®, Rotarian Team Captain)

Please Follow Corral Cancer for updates on Local Community Events and other information:

First Community Event! Celebrity Dinner

Be Served by Local Celebrities, A Good Meal For a Good Cause.

When: Tuesday March 27th
Time: 4pm – 8pm
Where: Black Bear Diner
5791 Clark Road, Paradise

Donations for Relay4Life will be accepted and 10% of the evening’s proceed will be donated by Black Bear Diner!

For More information and a list of featured Celebrity Servers

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Your Voice Matters! Proposal of Revised Seller Concessions

Last Thursday, February 23 2012, HUD (the Department of Housing and Urban Development) issued a new proposed rule (of three) that would aid in restoring the MMIF (Mutual Mortgage Insurance Fund) reserve account.
The Department of Housing and Urban Development this week reissued a proposed rule that would reduce by half the maximum allowable seller concessions in an FHA loan transaction to 3%.

I highly encouraged everyone to take action IMMEDIATELY to submit your comments to the FHA regarding the reduction of the seller concessions to a maximum of 3% or $6,000 whichever is greater.

Please read the notice below to see HUD’s points regarding why they wish to reduce the maximum amount of seller concessions. Some good arguments are made by HUD to do so…However, in the grand scheme of things within the housing market today and the view that I see from the ground floor, now is NOT the time to move forward with this proposal.

How it Affects You
Borrowers need every penny of a seller concession. Considering that down payment and funds to close is the largest hurdle to homebuyers today, this action will have a negative impact on the pool of potential home-buyers…. particularly in high closing cost states.

In order to get FHA and HUD to stop this regulation from going through, we ask you to read over the proposed rule and then send in your voice. Please also let anyone else related to the housing industry about this call to action.

Read HUD’s proposal reasons here

Use your rights and let the government know YOUR opinion! Comment on the Revised Seller Concessions

National Mortgage Professional Magazine’s Summary

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When May You Buy Again? Bankruptcy, Foreclosure, Shortsale Timeline