Jim Camara

NMLS# 257972

Senior Loan Officer

Jim Camara
Senior Loan Officer

NMLS# 257972
State Lic: CA # CA-DOC257972;
1215 W. Center Street
Suite 204
Manteca, CA 95337
Direct: (209) 981-5626
Fax: (209) 249-5280
jim.camara@academymortgage.com

Payment Calculator
$
Yrs.
%
Calculate
$
Academy's My Mortgage App

With Just 10 minutes on the phone, in your home or at my office we can see if you prequalify for a mortgage and start a Home-Buying plan that fits you - No Obligation!

I look forward to helping you. Just call my cell phone (209) 981-5626, click on the my email address above and let me know how I can reach you. So, just call or click and let's get you closer to what YOU want in home ownership.

CLIENT TRUST:

Clients have described me as:

- Knowing all the program options available in California

- Great at helping people learn and understand the loan process and their options

- Able to offer some of the lowest rates and fees

- A mortgage team leader who can close your loan in a timely manner

- Always available by phone, in your home or at my office - your choice

- A mortgage consultant who genuinely cares about your happiness

MY PHILOSOPHY

During my career I've focused heavily on obtaining knowledge and experience to further my career. I providing better communication than people find in this industry. I believe superior communication up-front in the planning and strategy phase eliminates errors, costly surprises and last minute delays typically found in most banks and many mortgage companies. Continuing communication throughout the rest of the loan process brings my clients peace of mind and confidence they're getting what they want and need. People tell me my communication focus has made their home-buying or refinancing experience far less stressful than any of their past experiences. They also tell their friends, family and other to contact me, which is the highest compliment I ever receive.

My Special thanks to those who let me help them and their friends.

MY BACKGROUND

I was born and raised in the California Central Valley and started my career as a mortgage loan officer in 1986. Prior to that I worked my way up the ladder as a loan counselor for delinquent accounts, loan processor and at one time was a loan underwriter. I held the positions of branch manager and regional manager. I believe I am Unusually service minded and I enjoy offering this attitude to my clients. With my experience and knowledge I'm not afraid of challenging situations. I love hearing my clients say at closing "everyone else said they couldn't do what you've done".

Mortgage Education

View these helpful tips for becoming a homeowner.
We are proud to be one of the top independent purchase lenders in the country. We achieved this distinction by continually providing exceptional customer service and by following responsible lending practices, especially in today’s rapidly changing economy.Adam Kessler, CEO, Academy Mortgage

NMLS# 257972

State Lic: CA: CA-DOC257972;

Corp Lic: CA: 4170013;

Licensed by the Department of Business Oversight Under the California Residential Mortgage Lending Act;

Tips for a Simple Loan Approval

If you encounter a special situation, it is best to mention it to us right away so we can help you determine the best way to achieve your goals.

DO’s

DONT’s

×

10 Steps to Homeownership

From pre-approval to closing, Academy will help you along the road to homeownership. You can count on us for responsible, honest, and ethical service in every step of the process.

  1. Loan pre-approval. Pre-approval allows you to search for a home that you can afford based on your credit, income, and assets. An application and supporting financial documents must be submitted to your Loan Officer, including pay stubs, tax returns, and account statements.
  2. Home search Once pre-approved, start shopping with your real estate agent! When you decide on the right home for you, the terms of sale are negotiated and your agent presents your offer to the seller.
  3. Formal loan application and product selection. After the seller accepts your offer, formally apply for home financing and select the ideal loan product to meet your needs.
  4. Appraisal and home inspection. As your application is being processed, an appraisal is ordered to identify any discrepancies between the sale price and appraised value. Properties are also inspected for water and termite damage and other safety hazards.
  5. Processor’s and underwriter’s review. A loan processor reviews the entire loan file and sends all pertinent information to an underwriter who makes the final decision to approve the loan.
  6. Final loan approval. If you have a good credit score and debt-to-income ratio, your loan will likely be approved. Keep in mind that there may be financial conditions or property conditions that need to be met before final loan approval.
  7. Closing. Final loan and escrow documents are prepared and signed by you (the buyer) and the seller.
  8. Funding. A wire or check for the amount of the loan is sent to the title company.
  9. Close of escrow. Documents that transfer titles are recorded with the county.
  10. Confirmation of recording. The title company authorizes the escrow company (or closing agent) to draft a check to the seller.

Ultimately the final step . . . MOVE INTO YOUR NEW HOME!

×

BUYING VS. RENTING

For many, the benefits of buying a home outweigh the advantages of renting. With mortgage interest rates at historic lows and rents on the rise, now is an affordable time to finance a mortgage with a fixed monthly payment lower than rent.

If you plan to stay in your home for more than six years, buying a home could save you thousands of dollars over renting. And don’t forget about the noisy neighbors upstairs.

The Benefits of BUYING

TAX SAVINGS
Mortgage loan interest is deducted from your state and federal income taxes and a portion of your property taxes may also be deducted.

STABILITY
Fixed mortgage payments (principal and interest) will not change during the loan term whereas rent payments may increase annually.

BUILD EQUITY
Owning a home long term allows equity to build and thus your home investment to grow.

The Benefits of RENTING

FLEXIBILITY
Renting may be the preferred option for those planning or needing to make a move in less than six years.

LITTLE OR NO MAINTENANCE
Renters are often able to rely on landlords and property managers to pay for and make necessary home repairs.

UTILITIES MAY BE COVERED
Some utility expenses may be included in monthly rent payments.

Contact me today to start realizing the benefits of homeownership.

Please consult a tax professional about your specific situation and the tax savings benefits of homeownership.

×