Tucson AZ Home Loan Info


Closing At Title: "What Do You Mean, I Can't Have The Keys Today?"

Closing at Title, Mike in Tucson, AZ Mortgage Lender

"But We Signed! I Want to Move In Now!"

There aren't usually many distractions at closing.  This one was an exception.  Grandma was the Buyer's Agent, and Mommy was the buyer.  (I was the lender, and I go to every closing that I'm able to attend.)

We funded, and this little one's home recorded the next day.



I'm Mike in Tucson, your preferred Tucson-based Arizona Mortgage Lender

I do purchase and refi loans all over Arizona.

NMLS #223495

SUNSTREET MORTGAGE LLC ~ Correspondent Mortgage Bank
Offices in Mesa, Tucson, Sierra Vista & Nogales

Comment balloon 15 commentsMike Jones • October 23 2012 02:59AM
Closing At Title: "What Do You Mean, I Can't Have The Keys Today…
"But We Signed! I Want to Move In Now! " There aren't usually many distractions at closing. This one was an exception. Grandma was the Buyer's Agent, and Mommy was the buyer. (I was the lender, and I go to every closing that… more
Obama's HARP: "The Mother of all No Doc Loans" Says John…
"It's the Mother of all No Doc Loans, " says John Capp, one of Sunstreet Mortgage LLC's principals. In this interview on this evening's KOLD News, Capp talks about the proposed new HARP (Home Affordable Refinance Program) rules… more
Good News for REALTORS and VA Buyers: VA Funding Fee DECREASING!
Effective for Loans closed on or after October 1, 2011, the VA funding fee will decrease dramatically! REALTORS If you are a REALTOR fortunate enough to be selling real estate in a military town like Tucson, AZ, this is great news… more
Will Your Sale Close? Is Your Buyer's Downpayment Safe?
My borrower is buying a home for $300, 000. His down-payment of $60, 000 is in a money market fund "for safety" he says. Money Market funds are generally considered as safe as cash, and while they earn interest like mutual funds,… more
What Would Elimination of the Tax Break for Mortgage Debt Do To Your…
Bloomberg National Poll: Tax Break for Mortgage Debt Is Ready for the Wrecking Ball WHAT WOULD IT MEAN FOR YOUR BUSINESS AS A REALTOR OR LENDER? In this morning's editorial, the editors of Bloomberg state the following: "Forty-nine… more
PIMCO Betting Against US Treasuries. Interest Rates Are Going Up.
When PIMCO bets against US Treasuries, you can bet that interest rates are headed up. The headline this morning on Bloomberg reads: " Pimco Total Return Cuts Government-Related to Negative, Boosts Cash Assets " PIMCO is the most… more
Cutting Spending? Here's a Visual To Put It In Perspective
The administration and the congress are debating a much needed spending cut. This video from YouTube puts it in perspective in a way that's meaningful. You only have to look at the past three years to see how our livelihoods as agents and… more
Is The Small Shop Loan Officer the Next Dinosaur?
Are small-shop Loan Officers the next dinosaur? Extinction is not a pretty thought. Loan Officer compensation is the subject of the day if you are employed by a Mortgage Broker. The boys over at Think Big Work Small posted a… more
Don't Give Up on USDA Rural Financing! Update from Mike in Tucson
USDA Update: Although USDA Rural field offices in Arizona (and the rest of the country) are running very low on Guaranteed funds at the moment, this 100% program is not in danger of disappearing. SUNSTREET Mortgage LLC will continue to… more
Change Coming for USDA Loan Approvals
There is a mandate coming down soon from the United States Department of Agriculture in regard to their Rural Development loans. USDA loan approvals (whether direct or guaranteed) will require that the borrower meet the 29/41 debt ratios in… more