IRVINE, CA (AttorneyNewswire.com) — July 9, 2010 – McFarlin & Geurts, LLP is pleased to announce it is now able to represent Union Bank borrowers in negotiating lower mortgage payments and interest rates through little publicized Union Bank rules and regulations on “jumbo” loans.
Very few “jumbo” Union Bank borrowers may be aware that in response to a wave of distrust and scrutiny in the mortgage marketplace, Union Bank has voluntarily set up programs to negotiate with and assist its own borrowers and distinguish itself from the rest of the industry. These programs are complex and require specialized expertise to gain full benefit to the borrower, but with rates at unbelievably low levels, now is the time.
The program is only available to select Union Bank customers with a mortgage over approximately $730,000 with no more than 80% loan to value and good credit. It seems to stem from a strong desire by Union Bank to maintain and preserve its status as one of the leaders in the “jumbo” market and protect existing customers. The process will not damage a borrower’s credit, and does not require income verification or extensive documentation.
Real Estate and Mortgage Attorney Timothy McFarlin commented recently: “The new Union Bank regulations are an extraordinary opportunity for select Union Bank customers with jumbo mortgages. With rates as low as they are, just about anyone who got a Union Bank loan in the past 7 years can benefit without even having to provide income documentation.” McFarlin went on to say: “There is nothing like this in the industry, its going to make Union Bank the leader in jumbo mortgages for the foreseeable future.”
About McFarlin & Geurts:
McFarlin & Geurts LLP is an Irvine California based full service law firm representing both businesses and consumers in California and throughout the United States. McFarlin & Geurts regularly negotiates on behalf of clients to secure more favorable terms on residential and commercial loans without damaging or affecting a borrowers credit.
Media Contact:
Talien Barsamian
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To learn more about services offered by McFarlin & Geurts Law Firm, visit www.McFarlinlaw.com
