Your personal Mortgage Professional
I have been in home lending for several years and it has been my pleasure to serve my clients while navigating the ins and outs of the loan process, from application to closing. I take the time to review my clients’ entire unique financial picture and look to provide a loan catered to their individual needs. I am grateful to have been able to gain the trust and loyalty of so many clients, and industry partners that will create lasting relationships.
Some Loan products
A brief example of some of the loan options A,Elia has access to:
“Amelia answered plenty of our mortgage and real estate related questions. She had lots of information for us to consider real estate investing and what it takes to be a real estate investor.”
SACRAMENTO, CA
“The refinance process seemed overwhelming. Amelia took the time to walk thru and explain each and every step for my wife and I. She was very knowledgeable and also was able to get us a great rate!”
ROCKLIN, CA
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5 Steps to a Perfect Charcuterie Board
- Select a Variety of Ingredients: Choose a mix of cured meats, cheeses, crackers, bread, fruits, and condiments to create a balanced assortment.
- Arrange on a Platter: Use a wooden board, slate, or platter as your base and start arranging the items in an aesthetically pleasing manner.
- Balance Flavors and Textures: Mix salty and sweet, soft and hard, and textures like crunchy and creamy to provide a diverse tasting experience.
- Garnish with Fresh Herbs: Sprinkle fresh herbs like rosemary or basil for a pop of color and added flavor.
- Add Visual Appeal: Incorporate colorful elements like berries, figs, or edible flowers to enhance the board’s visual appeal.
Recipes
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Yummy Salads!
Here are six delicious salad ideas to tantalize your taste buds:
- Ingredients: Cucumbers, tomatoes, red onions, Kalamata olives, feta cheese, and fresh oregano.
- Dressing: Olive oil, lemon juice, garlic, and red wine vinegar.
- Toss the ingredients together and drizzle with the dressing for a refreshing and tangy salad.
- Ingredients: Fresh mozzarella, ripe tomatoes, fresh basil leaves.
- Dressing: Extra virgin olive oil, balsamic glaze, salt, and pepper.
- Layer slices of mozzarella, tomatoes, and basil, then drizzle with the dressing for a classic Italian salad.
- Ingredients: Grilled chicken, bacon, hard-boiled eggs, avocado, cherry tomatoes, blue cheese, and mixed greens.
- Dressing: Your choice, but ranch or blue cheese dressing works well.
- Arrange the ingredients in rows on a bed of greens for a hearty and satisfying salad.
- Ingredients: Sliced mango, red bell pepper, carrots, red onion, cilantro, and peanuts.
- Dressing: Lime juice, fish sauce, sugar, and a touch of chili for some heat.
- This salad balances sweet, tangy, and spicy flavors for a unique and tasty experience.
- Ingredients: Cooked quinoa, chickpeas, cucumber, red bell pepper, red onion, and fresh parsley.
- Dressing: Lemon juice, olive oil, and a pinch of cumin.
- A protein-packed and healthy salad option that’s perfect for a light lunch or side dish.
- Ingredients: Bulgur wheat, tomatoes, cucumber, red onion, fresh parsley, and mint.
- Dressing: Olive oil, lemon juice, garlic, and a hint of sumac.
- This tangy and refreshing salad is a staple in Middle Eastern cuisine.
Feel free to customize these salads to your taste by adding or omitting ingredients as needed. Salads are versatile, so you can make them as simple or complex as you like, and they’re a great way to incorporate a variety of flavors and textures into your meals. Enjoy!
Tik Tok
Hello, I’m glad you’re here!
Born and raised in the Central Valley, I am currently residing in the small town of Lodi with my husband and dogs. I met my husband shortly after graduating from UC Davis while working together at 33rd Street Bistro in Sacramento. We enjoy our WFH life cooking together, traveling, doing home renovation projects, and enjoying the many wineries of our region.
I have been in home lending for several years and it has been my pleasure to serve my clients while navigating the ins and outs of the loan process, from application to closing. I take the time to review my clients’ entire unique financial picture and look to provide a loan catered to their individual needs. I am grateful to have been able to gain the trust and loyalty of so many clients, and industry partners that will create lasting relationships.
I am confident the Scenic Oaks Funding team and I possess the knowledge and experience to assist you and your clients in the home buying or refinancing process with ease and confidence.
My Specialities
Common types of conventional mortgages
The 15-year mortgage
You will pay less in interest. If you borrow $100,000 to purchase a home at a 4% interest rate, paying over a longer period of time will mean more interest on the money borrowed. So, a 15-year mortgage can significantly cut down on the interest that you pay. Add to that the lower interest rates that are often available for 15-year mortgages and you could have some big savings available.
Your monthly payment will likely be higher. Even with the lower interest rate, you will probably have a slightly higher payment with a 15-year mortgage. This happens because you are paying more towards principal from the beginning. But, you will be mortgage-free in half the time, which is no small feat.
The 30-year mortgage
You will pay more in interest. Longer mortgage means more interest charged. This is how banks and other lenders make their money. They loan you, the borrower, money and collect their interest over the 15 or 30 years it takes you to pay them back.
Your monthly payment will likely be lower. Because you are spreading out your payments over a longer period of time, they will almost always be lower with a 30-year mortgage. If your monthly budget is tight, this may be a better way to go.
Not ready for a sizable down payment? There are options that can make you a home owner with a low down payment.
Deciding on how much money to use as a down payment can be confusing. Amelia is here to help. The route for each buyer or investor depends on their situation and personal preferences.
Low Down Payment Options
FHA Loan
You can purchase a single-family home or condominium with as little as 3.5% down payment using an FHA loan, but there is a price for lower down payments on conforming loans: mortgage insurance (often called PMI, private mortgage insurance).
Mortgage insurance is required when the conforming loan amount is MORE than 80% of the purchase price (practical translation: down payment is less than 20%). Also, the lower the down payment, the higher the premium ratio charged.
USDA Loan
Is your dream home surrounded by pasture and farmland? Buyers in rural and suburban markets may be able to use a USDA loan, which requires no money down.
Household income limitations do apply and buyers should expect to pay PMI if their down payment is less than 20%.
VA Loan
Military veterans who qualify for a VA loan can purchase a home with no money down. VA loans can provide up to 100% financing for qualified military personnel and veterans.
There are also non-conforming mortgage loan programs available that allow for 80/20 set-ups, which allow borrowers to obtain a second mortgage to cover the 20% down payment.
Have less than perfect income and credit? We may have a program that fits your needs!
How much should I use for a down payment?
There are costs and benefits to any option, including those with low down payments. You should carefully consider your options and discuss your plan with a professional.
Talk to one of our loan specialists today to come up with a customized solution that best fits your needs and budget.
Cost of a Lower Down Payment
Low or no down payment programs have two primary costs that result in a higher monthly payment:
- Higher interest rates
- Higher mortgage insurance premiums.
Mortgage insurance can be removed once sufficient equity is produced. For example, if the property shows at least 20% equity in a few years, the mortgage insurance can be refinanced away.
Benefits of Lower Down Payments
Though the disadvantages of low down payments seem serious, there are also advantages. Take time to weigh the two and assess which is the best for you.
The chief benefits of lower down payment include the following:
- Less money out of pocket at the time of purchase.
- Higher rate of return. Your property’s appreciation will be the same whether you put 3%, 5%, or 20% down. In fact, your rate of return actually decreases as you make a larger down payment, as discussed below.
- Opportunity cost. In some cases, the smart investor can make more money from available cash by placing it in other investments.
During the first few years of the mortgage loan, the bulk of your monthly payments go towards paying interest – which is usually tax-deductible. So you get quite a bit of your monthly payments back at the end of the year in the form of tax deductions.
Personal Consideration
Carefully consider the amount of money that you want to put down. Your lender will qualify you for a certain level based on your income; however, that amount may be different from the level that you feel comfortable paying each month. You must decide what you can afford.
Talk to your Amelia, your personal Loan Originator, to see about the best situation for you and any potential savings.
Disclaimer:
Not a commitment to lend. Rates, terms, and availability of loan programs are subject to change without notice. Subject to credit approval. Not endorsed or sponsored by any Federal State or Local Government entity.
A mortgage refinance is the replacement of an existing mortgage with another mortgage under different terms.
Ready to pay less in interest on your mortgage and lower your monthly payments? A refinance may be the right step for you.
A mortgage refinance is the replacement of an existing mortgage with another mortgage under different terms. Mortgage refinancing can lower your monthly payments, which can add up to significant savings.
Knowing your current refinance mortgage rates is important. Amelia can keep you informed and help decide when a refinance may be best.
Kitchen
You can find my favorite utensils and cookware here.
Decorating
You can find all my go to entertaining favorite things here.
Photography
You can find my favorite things for photography here.