Prospect Mortgage Loan Officer in Santa Rosa, California
A Wide Range of Lending Needs
As a licensed Prospect Mortgage Loan Officer in California (NMLS #250550), Jamelie can assist you with your home loan needs, including:
- First-Time Purchase
- Second-Home Purchase
- FHA and VA
- 203(k) Renovation
Jamelie welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. Jamelie has the expertise and knowledge, and will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.
Contact Jamelie Samonte Anytime
Feel free to contact Jamelie anytime by phone or email for personalized service and expert advice. Jamelie will extend the same professional service to your friends, family members, work colleagues or neighbors who need help.
Jamelie Samonte is 203(k) Renovation Lending Certified
Jamelie is also certified in 203(k) Renovation Lending, a program particularly well suited for buyers of fixer-uppers and REOs in need of repair. Homebuyers can finance both the purchase and future repairs on their new home with one loan.
The Renovation Loan offers some great features. The amount of money you are permitted to borrow for the purchase and renovations is based on the increased value of your home after improvements are made1. Also, because renovation costs are spread throughout the entire term of the loan, monthly payments are often lower than other financing options. With the loan, there is also no need to delay improvements. You can start in immediately after closing. Another great feature is the loan's simplicity - one application, one set of fees and closing costs, one closing to attend and one payment each month. The interest on the cost of your improvements, included in your mortgage, may be tax deductible2 as well.
Jamelie values your business and will provide you with the best professional service and mortgage solutions that make most sense for you and your unique financial situation and real estate goals.
Please contact Jamelie Samonte if you’d like more information about our Renovation Loan, or any other mortgage financing solution. I look forward to working with you!
1For 203k purchase transactions the maximum loan amount is the lesser of the sales price + renovation costs or 110% of the as-completed value, times the maximum loan-to-value. For refinance transactions the maximum loan amount is the lesser of the property value before renovation + renovation costs or 110% of the as-completed value, times the maximum loan-to-value. Loan amount must be within FHA county loan limits.
For HomeStyle® purchase transactions the maximum loan amount is based on the lesser of the sales price + renovation costs or 100% of the as-completed value, times the maximum loan-to-value allowable. For refinance transactions the maximum loan amount is based on the lesser of 1) 100% of the as-completed value times the maximum loan-to-value or 2) the balance on the existing loan plus the renovation cost plus the settlement costs. The maximum repair amount is limited to 50% of the as-completed value. HomeStyle® is a registered trademark of Fannie Mae.
2Please consult a tax advisor for further information regarding the deductibility of interest and charges.
What are people saying about Jamelie Samonte?
"Very professional and personable. It was a very pleasurable experience!"
- Crystal H., Santa Rosa, CA
"Our recent loan application process with the Prospect Mortgage Team was far and away the most satisfying loan transaction we have ever experienced for some of the following reasons: *Convenient local Prospect office and especially the professionalism and accessibility of the assigned Loan Officer Assistant. * Loan Officer overall complete knowledge of the Financial Market. * Application processing experience demonstrated by the Loan Officer. * Proficiency in how the businesslike manner of application process was handled. * Understanding and resolving any of our personal concerns and/or questions. *Ability to minimize the required number of document copying and submissions we were required to submit. *Utilizing the above assets along with other professional skills, was able to bring our ..."
- James B., Windsor, CA
"Our recent loan refinancing with the Prospect Mortgage team, and specifically the Loan Officer Assistant was far and away the most enjoyable we have ever experienced for just some of the following reasons: * Accessibility * overall and complete market knowledge * experience * proficiency * coordination * understanding and ability to resolve our personal concerns * minimize amount of required copying and personal data submissions * ability to bring our transaction to a swift and successful conclusion."
- James B., Windsor, CA