Over the past 9 years, we have had 3 CalTap/CalPath loans. All of the loans were done through Joe…read moreMoore and his associates.
Our first loan was a new home purchase, we were barely able to make happen! It was our dream home, and barely in our reach, but with the credits from the Calpath program, we were able to make it happen!
Next, rates dropped. We were able to refinance that home loan at a rate in the 2's!! Again, seamless process with great credits. This one wrapped up within a couple weeks.
As life continued , the house needed improvements. Because our mortgage loan on the house had such great terms (rate and payment) we did not want to refinance our first mortgage.
We sought a second mortgage to make the upgrades to our house. We were not aware that Joe Moore (Secure Choice Lending) and his staff did second mortgages.
We saw commercials for Rocket Mortgage. A coworker was doing a second through them as well. We contacted Rocket and initiated a second mortgage through them.
The loan quoted by Rocket Mortgage had decent terms so we moved forward. As the process went on, the terms repeatedly changed. Unfortunately, every few days, there was a reason that our rate or the fees went up. It was very frustrating. We felt like they were talking in circles. Things like "well, technically the rate shows changed on paper, but actually it's the same rate you were quoted".
Having employment of over 25 years with one agency, low debt ratio, and a very high credit score, it didn't make sense. But our credit had already had a hard pull and we had lined up multiple contractors - so we continued with the process. We found out later that our friend had the same thing happened to him (increasing rates and fees that didn't make sense and explanations that felt like people talking in circles).
as that loan closed, we found an investment property in a different state. I reached out to Joe Moore to see if we would be able to use a Caltap loan for out of state properties. I also mentioned the fiasco with Rocket Mortgage- At which point, wefound out he DOES do second mortgages! **should have checked!!
Anyways, Joe refinanced our Rocket loan-that we had had for a week. Literally, the loan was closed before our first payment was due on it. He got us a lower rate, and an overall cost savings. Not to mention, we prefer working with Joe and his staff, and not giving our money to a company that lies to get you in the door, and continues changing terms throughout the process.
Also, if you do a loan with Joe, there is something else that you get in the process -a lady named Kathy. Kathy is smart, articulate, kind, and everything else you could possibly think of that you would need from someone, while going through a stressful situation. Kathy gets every piece of documentation she could need from you right away. She works behind the scenes and truly keeps everything moving smooth. She thinks of hiccups, and gets the documentation from you, before it ever pops up on anyone else's radar.
Once you have worked with Joe and Kathy, you won't want to work with anyone else. Your first 10 days or so can be busy with gathering and providing documents, but the rest of the time you sit back and watch everybody else scramble to get their job done so you can close :)
