I have been asked over the past 2 years about mortgage refinancing on a CPU in Playa Vista. I was introduced to CPU condo's in Playa Vista in 2017.
The refinancing of Controlled Price Units on condo's can be complex. I have navigated the waters with over 2 dozen successful CPU refinances on condo's in Playa Vista.
I have been able to use the current market value, not the resale value, to help owners eliminate mortgage insurance.
Here are some yelp reviews: (google: CPU Refinance Yelp)
"I just completed a refinance with Dave after he was recommended by several neighbors. Purchased a condo in 2017 and had to initially go with the lender that was recommended by the builder. I was paying PMI, which would be required for a few more years.
Dave was able to help me with a refinance and the process only took 2 weeks. He got rid of the PMI. As a result, monthly payment has decreased
saving me thousands in the long run."
Dave LaRose helped us to refinance our mortgage in Playa Vista this year. He got us out of PMI and lowered our monthly payments by over $500. He has taken the time to really know the ins and outs of the mortgage business and even complicated rules and regulations of CPU purchases. Highly recommend him and his team!
I don't even know where to start with reviewing Dave. He is an incredibly kind and intelligent man and did a wonderful job helping us refinance our mortgage on a CPU! From the first phone call, Dave was very informative and made sure both my husband and I understood every step. He sends over a quick text right before every docusign and is available for questions 24/7. He had us locked in at a better rate than we already had and with some changes in the market and a little time to spare before closing, he got us an even LOWER rate! We did not even have to ask him to do this. He genuinely wants his clients to get the best deal possible and works tirelessly to make sure that happens. We have already recommended him to several of our neighbors and will continue to do so. He made the refinance process stress-free and dare I say it... EASY! From now on, Dave is our one and only broker for all of our mortgage needs!
If you are looking to refinance your CPU, please reach out.
Direct Mortgage Source, Inc.
800-309-0585 ext. 101