Newport Beach, CA (PRWEB) January 08, 2014
Secure One Capital forecasted a modest fourth quarter, but due to a surge in December refinances, Secure One Capital had its most profitable month of 2013. December is usually a lackluster month in the mortgage industry, but Secure One Capital’s expertise, aggressively low mortgage rates and expedited funding times gave the company an advantage.
The increase in revenues was primarily due to Secure One Capital’s marketing strategy adjustment that allowed the company to reach more homeowners who were eligible for financing. Secure One Capital’s knowledgeable employees have decades of experience that allows them to adapt in a rapidly changing market and guide borrowers into the best loan program for their financial goals. Secure One Capital’s success came in spite of rising mortgage rates that began in May and slowed the housing market.
Secure One Capital has revised their outlook for 2014 and is expecting the arrival of HARP 3.0 and overall growth within the housing industry. In order to prepare for HARP 3.0, Secure One Capital will be relocating to a larger office in Costa Mesa and will be hiring additional staff. Interested parties can apply for open positions at Secure One Capital Careers.
HARP is a federal program that was created in March 2009 by the Federal Housing Finance Agency to help underwater homeowners refinance their mortgage and take advantage of today’s low interest rates. HARP 3.0 will extend the benefits of the Making Home Affordable act to more homeowners, although the exact requirements are still unknown.
In additional to offering HARP refinances, Secure One Capital is a trusted unsupervised FHA and VA Endorsed mortgagee. The FHA and VA requires all mortgage lenders to receive approval prior to offering FHA loans and VA but not all lenders who are approved specialize in VA and FHA loans. Secure One Capital has been a trusted direct mortgage lender since 1994 and specializes in government financing programs such as FHA, VA and HARP refinances. The company has the ability to originate and fund all loans in house in order to expedite financing.
Secure One Capital also provides a range of products including fixed rate and ARM mortgages, interest only mortgages and “MY Mortgage” that allows homeowners to set their loan term. Secure One Capital is committed to guiding homeowners into the best mortgage to fit their needs and offers no closing cost refinance options for eligible applicants.
Homeowners who would like to apply for a refinance should visit http://www.secureonecapital.com or call (877) 810-8587 to speak with a licensed mortgage banker.
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If you would like more information about this topic or about other refinance programs, such as HARP 3.0, please contact Felicia Ceballos-Marroquin at (877) 810-8587 or email at info(at)secureonecapital(dot)com