Steven T. Forman, MD, FACC, FSCAI, RVT is board certified by the American Board of Internal Medicine in Cardiovascular Disease and Interventional Cardiology. He is also board certified by the American Board of Venous & Lymphatic Medicine.
In his preceptor role for Medtronic, Dr. Forman is a member of a select group of physicians entrusted with training other doctors and clinicians in the Venous ClosureFast™(RFA) procedure and Medtronic’s new VenaSeal Closure™ system.
Seeing the Need for Cardiovascular Expertise
In 1999 Steven Forman, MD, FACC, FSCAI, RVT joined Los Alamitos Cardiovascular, and has been its managing partner since 2005. While treating patients, Dr. Forman recognized a lack of awareness regarding venous disease. “Venous disease and treatment is not very well known, so many people with the disease and often their physicians do not know there are available treatments. Everybody is aware of heart disease so there is not much education required. Venous disease has only recently been recognized as a viable sub-specialty.”
5300 Katella Ave.
Los Alamitos, CA 90720
Phone: 562.493.8346 (VEIN)
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
When should I refinance?
It’s generally a good time to refinance when mortgage rates are 2% lower than the current rate on your loan. It may be a viable option even if the interest rate difference is only 1% or less. Any reduction can trim your monthly mortgage payments. Example: Your payment, excluding taxes and insurance, would be about $770 on a $100,000 loan at 8.5%; if the rate were lowered to 7.5%, your payment would then be $700, now you’re saving $70 per month. Your savings depends on your income, budget, loan amount, and interest rate changes. Your trusted lender can help you calculate your options.
What are points?
A point is a percentage of the loan amount, or 1-point = 1% of the loan, so one point on a $100,000 loan is $1,000. Points are costs that need to be paid to a lender to get mortgage financing under specified terms. Discount points are fees used to lower the interest rate on a mortgage loan by paying some of this interest up-front. Lenders may refer to costs in terms of basic points in hundredths of a percent, 100 basis points = 1 point, or 1% of the loan amount.
Should I pay points to lower my interest rate?
Yes, if you plan to stay in the property for a least a few years. Paying discount points to lower the loan’s interest rate is a good way to lower your required monthly loan payment, and possibly increase the loan amount that you can afford to borrow. However, if you plan to stay in the property for only a year or two, your monthly savings may not be enough to recoup the cost of the discount points that you paid up-front.
5152 Katella Ave., Suite 101
LOS ALAMITOS, California 90720
Phone: 714-995-9073 / 562-493-2641