VOICE Magazine: November 10, 2017 by Voice Magazine / CASA

VOICE Magazine: November 10, 2017

At the Center of Santa Barbara’s Cultural Conversation | VoiceSB.com

November 10, 2017

Voice Classifieds • VOICEsb.com CASCADE CAPITAL

��

(805) 688-9697

��

Fast Private Lending 1st & 2nd Trust Deeds Commercial ~ Land Mixed Use ~ Multifamily No Tax Returns Simple Documentation No Minimum Credit

��

www.neilsteadman.com CalBRE License #00461906

Read this weekʼs issue of VOICE Magazine at

Experience you can count on!

CHRIS AGNOLI

��

(805) 682-4304

Includes all ads with live links

chris@suncoastrealestate.com www.chrisagnoli.com

��

�

��

SERVING SANTA BARBARA SINCE 1972

��

Conforming Loans to $417,000 30-Year Fixed INSTITUTIONS

15-Year Fixed

CALLOAN CORP 3.625 3.673 20% 2.875 2.918 20% (805) 963-8939; mfunding@verizon.net

448-3921

Village Properties JimWitmer@cox.net VillageSite.com

��

deduction on second homes • Homeowners would longer be able to deduct the interest on home equity loans • Eliminates state and local income tax deductions

To contact David M. Kim, President of the Santa Barbara Association of REALTORS®, call 296-0662 or email: david@villagesite.com.

HE HOUSE REPUBLICANS RELEASED A DRAFT OF THEIR TAX BILL LAST WEEK,� �� David M. Kim �� • Lowers the mortgage interest �� deduction cap from $1 million to $500,000 �� • Eliminates the mortgage interest ��

ARM**

Conforming Jumbo Loans

Jumbo Loans

$417,000-$625,700

30-Year Fixed

15-Year Fixed

$625,701 and Over

ARM**

30-Year Fixed

15-Year Fixed

ARM**

Rate APR Down Rate APR Down Rate APR Down Rate APR Down Rate APR Down Rate APR Down Rate APR Down Rate APR Down Rate APR Down

BANKERS PACIFIC 3.50 3.63 20% 2.75 3.0 20% 2.50 2.75 20% MORTGAGE, INC. Harlan Green, Broker, (805) 681-6363 *APR= 0 pts

REAL ESTATE BROKER

• Caps property tax deductions at $10,000 • Extends the qualification period for exclusion of capital gains tax on the sale of a primary home from two out of the last five years to five out of the last eight years

Santa Barbara Mortgage Interest Rates (single family)

JIM WITMER

Proposed Tax Overhaul Will Raise Taxes for Middle Class Homeowners By David M. Kim / Special to VOICE

��

Computer Oriented RE Technology For Information on all Real Estate Sales: 805-962-2147 • JimWitmer@cox.net • Cortsb.com

��

PARAGON MORTGAGE GROUP (805) 899-1390

2.875 3.13 20%

2.50

2.75

20%

3.75 3.88

20% 3.50

2.875 2.898 20% 3.750 3.773 20% 3.125 3.165 20% 2.875 2.897 20% 4.00 4.023 20%

3.63

20% 3.25 3.63 20%

3.750 3.971 20%

3.500 3.522 20%

Please call for current rates.

HOMEBRIDGE FINANCIAL SERVICES Jon McCuskey, NMLS # 357850 (805) 456-9120 UNION BANK Teri Gauthier (805-565-4571)

3.625 3.88 20%

Please call for current rates on purchases and refinances • Coastal Housing Partnership Member

Please call for current rates • Coastal Housing Partnership Member

Rates are supplied by participating institutions prior to publishing deadline and are deemed reliable. They do not constitute a commitment to lend and are not guaranteed. For more information and additional loan types and rates, consumers should contact the lender of their choice. CASA Santa Barbara cannot guarantee the accuracy and availability of quoted rates. All quotes are based on total points including loan. Rates are effective as of 11/8/17. ** Annual percentage rate subject to change after loan closing.