elva@ewormley.com

(408) 615-8500

Elva A. Wormley Mortgage Consultant elva@ewormley.com (408) 615-8500 office (408) 519-5983 fax I have been in the mortgage industry since 1981. I enjoy sharing the knowledge I have gained over the years and being able to see many happy satisfied clients. It has been such a joy!

Mortgage Consultant, San Jose

As your personal Mortgage Consultant for Life, I am 100% committed to understanding your needs, goals and priorities, providing you with options, so you can make informed decisions, and delivering World-Class service.

My mission is to ensure a smooth, understandable and positive experience during and after the loan process. I want you to be so satisfied with my services you feel compelled to refer your friends and family to me, not by obligation, but because you truly believe they will benefit.

I am truly passionate about my profession, and the result is that nearly 100% of my business is by referral from satisfied clients, trusted financial advisors and the most experienced realtors in the Bay Area.  My mission is to carefully guide you through the entire home loan process, so that you feel confident as you make choices about the many options available for your financing strategy. With many years and a wide range of experience in the mortgage industry, I stand ready to assist you each and every step of the way.

I'm pleased to announce that I am now certified to offer my clients the revolutionary Home Ownership Accelerator™ loan. I have been reviewing my client base looking for quality clients who I believe might benefit from this extraordinary new product. The San Francisco Chronicle noted that the Home Ownership Accelerator is "designed to help borrowers accelerate their principle payments as painlessly as possible," and the East Bay Business Times hailed it as the loan that "could revolutionize the way Americans pay for their homes." From our past interactions, I think you would be an excellent candidate for this loan. The innovation that makes this Accelerator loan so powerful is the complete integration of a checking account into a home loan. The Home Ownership Accelerator product allows you to pass all your regular checking account deposits against your home loan balance until you spend it. This simple redirection of your cash flow can significantly reduce your outstanding balance, saving you interest. Plus, you still have 24/7 use of these funds when you need them; ATM, check book, online bill pay etc. The beauty of this marriage is cash can now work harder than ever before-with the result that you pay less in interest and build equity quicker, without having to change your spending habits! I'm looking forward to discussing this loan with you in more detail. We have a 5-minute movie that explains the product in more detail and we can also run a simulation on your specific financial situation to determine how the product will work for you. Give me a call at 408-615-8500! A twenty minute conversation could save you thousands in interest and get you free of mortgage debt twice as fast as you thought possible.

Buying a Home

For most people, buying a home is a once-in-a-lifetime decision and the biggest personal investment they ever make. The task of actually buying a home is daunting because of the numerous and confusing mortgage and financing options available. In such circumstances, a prospective home buyer is advised to retain the services of a mortgage consultant who can guide one through the maze of home loans and mortgages.

Elva A. Wormley of C2 Financial Corporation in San Jose has been a mortgage adviser and mortgage consultant for nearly thirty years. Her approach is to understand each client's individual constraints and compulsions and then set forth the options so that they can make informed decisions. Elva has built her reputation by referral from satisfied clients, financial services advisers and realtors in the Bay Area.

C2 Financial Corporation (CFC) starts right from the very beginning by explaining the rudiments of a client's credit rating for which affects a client's eligibility for a home loan. The individual's credit score also determines the loan amount to which the client is eligible. Once that is clear, CFC then tenders advice on the various loan and mortgage options available and the pros and cons in each. They explain the implications of a fixed versus variable home loan interest rate. Finally they do a comparison so that the client is very clear about the repayment schedules and other implications.

Once the basic decision is made, CFC does most of the documentation and follow-up through the various stages of the loan application and approval process, which involves credit checks, underwriting and approval. CFC follows the intricate procedures until the delivery of the loan documents.

With their vast experience, CFC also advises on the selection of a home, aspects of professional inspection and other related matters unknown to a novice home buyer. For example, they encourage a check of the neighborhood, the neighbors, proximity to schools, churches and hospitals, transportation; nearby amenities, etc. Please visit http://besthomeloanadvice.com/hb/understanding.rad for more information.

Refinancing an existing mortgage is often an advantageous option and is a subject by itself. CFC demystifies the details on their webpage http://besthomeloanadvice.com/rf/reasons.rad

If required, CFC also offers realistic advice on debt solutions. Often a person in that unfortunate position is swayed by advertisements that offer easy resolutions but actually gets him or her deeper into trouble. CFC has their client's interest at heart and tries to find the best and least painful way out of a crisis. Learn more by visiting http://besthomeloanadvice.com/credit/cash_out.rad

Elva Wormley is always ready to help with the benefit of nearly thirty years of experience behind her. You could email her at elva@ewormley.com, or call her toll free at the San Jose branch office at (866) 573-3331. Better still, visit CFC's website at www.besthomeloanadvice.com and study the useful information that is presented in a manner that is easily understood. It will be a decision you'll never regret.

Visit our corporate website www.besthomeloanadvice.com  for complete information on Commercial Loans, Reverse Mortgages, Refinancing, Home Buying, Construction Loans, and Debt Solutions. Contact Elva A. Wormley by phone: (408) 615-8500. You can also email her at elva@ewormley.com for more details.

Home Buying Center

We are your local home buying specialists and will find you the best loan at the best rate for your home financing needs and goals, every time.

Prequalification Is Critical - Getting pre-qualified for a loan is critical in today's real estate environment. By going through the loan process prior to signing a purchase contract on a home, you can eliminate all of the obstacles to borrowing without jeopardizing an actual purchase transaction. Once your loan is approved, your real loan closing will be quick and subject only to a satisfactory appraisal and title report on the home.

I Have A Property In Contract - I would like to Apply Online for a loan, or I would like to see some loan options.

I Am Still Looking For A Home - I would like to see some purchase strategies, get pre-qualified to give a letter to my Realtor® or a homeowner, or find more information about the financial process.

5 Factors To Consider Before You Apply For A Mortgage
Click here for detailed information on Home Buying.


Refinancing Center

Whether you want to get a better rate and lower payments, get cash for home improvements, college education or consolidating debts, we are your local refinance specialists and have the perfect loan for you.

Get Cash Out
We'll help you determine what exact loan product makes the most sense for taking cash out of your home. Refinancing and taking cash out using a new first mortgage or a home equity loan, or both depends on your financial goals, the interest rates, your tax rate and more.

We'll help you choose the ideal program with the lowest weighted annual percentage rate and payments to meet your personal needs and goals.

Lower Your Payment - Save Money
If interest rates fall below your current mortgage rate, refinancing may be a great idea. The old idea that rates must be 2 full percentage points below your existing loan is not true. A drop of as little as 1/2% could save you thousands of dollars. We'll help analyze your personal needs and goals and find the right loan at the lowest costs possible.

A variety of loan terms, no-point rate options and lower closing cost loans have greatly decreased the rate difference needed to make refinancing profitable.

Another popular way to lower a monthly payment is an interest-only loan. With this loan, the borrower pays only the monthly interest on the balance - you can pay principal as well if you wish.

We will always help you determine what loan program will best suit your needs and goals, whether it is an interest only loan or some other program.

Click here for more detailed information on Refinancing.

Visit our corporate website www.besthomeloanadvice.com  for complete information on Commercial Loans, Reverse Mortgages, Refinancing, Home Buying, Construction Loans, and Debt Solutions. Contact Elva A. Wormley by phone: (408) 615-8500. You can also email her at elva@ewormley.com for more details.

Home Equity Center

What is a Home Equity Line of Credit?
A Home Equity Line of Credit (HELOC) lets you borrow what you need, when you need it. You use cash from your home's equity at your convenience, and only pay for what you spend.
Equity line of credit vs. a credit line
The process

Add to your home, pay off other debts or whatever you wish!   

FREE Debt Analysis
At no charge; we'll help you determine whether a Home Equity Loan makes sense with your current financial needs and goals. As a homeowner, you might save as much as $1,000 or more every month by consolidating your personal and/or credit card debt into a Home Equity Line of Credit.

There's no obligation to apply and it only takes a few minutes to see if you qualify.
Apply today.

We have all of the options for you. If you wish to consolidate debt, remodel your house, buy a car or pay off college expenses, etc; a Home Equity loan or line of credit is a viable option for you!

Home Equity Loans and Home Equity Lines of Credit
You can choose from a traditional loan or a line of credit, where you borrow only what you need. Find out the advantages and disadvantages of each and decide which would be best for you.

Click here for complete details on Home Equity.


Reverse Mortgages

Basic Reverse Mortgage Information and Features
There are different types of reverse mortgages, generally speaking though, they are similar in their general design.  Here are some of the features plus answers to most questions people have.

Who Owns the Property?
You remain the owner of your home just like you would with standard amortizing mortgage financing. You still remain responsible for paying your property taxes and home-owner insurance and for making property repairs.

After the loan terms expire, you or your heirs must repay all of your cash advances plus interest. Reputable lenders don't want your house; they want repayment.

For more detailed information on Reverse Mortgages, click here.

Visit our corporate website www.besthomeloanadvice.com  for complete information on Commercial Loans, Reverse Mortgages, Refinancing, Home Buying, Construction Loans, and Debt Solutions. Contact Elva A. Wormley by phone: (408) 615-8500. You can also email her at elva@ewormley.com for more details.

Commercial Loans

When selecting a mortgage company you can take comfort in knowing that we have the experience and resources needed to successfully close your loan in a timely and professional manner. Our commercial loan specialists are experienced in all facets of commercial real estate loans.

We leverage our lender relationships, our commercial appraisers, title agents, closing agents, and other third parties to successfully complete and fund small to large commercial loan mortgage packages.

Our Commercial Real Estate Loans offer a wide variety of commercial loan programs to suit nearly every borrower and property type.

We maintain a commitment to the highest quality of customer satisfaction. Browse our site and feel free to contact us with any questions you may have.

We have a both small and large commercial property loan programs available. Ready for a fast approval?