10% Down, No PMI, 5.50% Mortgage Rate to $1.15 Million Loan, No Points 5/1 ARM

by admindan | Sep 17, 2024 | Loan Programs, Money Tip

Many of my clients are having great success and saving the most money by getting a portfolio loan program offered by one lender in the industry. Interestingly, one of my clients is a successful Loan Officer at a mortgage company, who can’t get this loan at his...

Warning, Refi Borrower Beware, Mortgage Brokers May Charge Excessive Fees on Loans

by admindan | Sep 11, 2024 | Financial Information, Money Tip

Are you looking to refinance your high rate loan to a lower rate after purchasing a home in the last two years? Beware: Some mortgage brokers may charge 1.50% points or more on your loan to stick it to you, so they can earn a lot of money at your expense!!! Proof: A...

Mortgage Difference Maker, 49 States, 5.625%, No Points, 5/1 ARM, Saving You Money

by admindan | Aug 27, 2024 | Loan Programs, Money Tip

Did you read the headlines? Good news, the Fed (Federal Reserve Bank) is talking about cutting interest rates, that is the Federal Funds Rate which banks use to borrow from the federal government. So, we expect to see the Fed Funds rate & mortgage rates drop .25%...

Are Realtors Good Loan Officers Too? Borrower & Buyer Beware!!

by admindan | Aug 20, 2024 | Expert Advice, Money Tip

Are you getting the BEST mortgage loan from a real estate agent that is assisting in the home purchase? Borrower & Buyer Beware!! Because of the NAR (National Association of Realtors) settlement, forcing realtors to seek out their own buyers’ commission, more...

5% Down to $1.5 Mil Mortgage Loan @ 5.75%, No Points, BUY NOW

by admindan | Aug 13, 2024 | Loan Programs, Money Tip

Do you have the income but not the down payment? This loan program will help you purchase a bigger home with less down payment. Solution: A specific lender is offering a portfolio loan program. Purchase loan parameters: 5% down to $1.5 million 720 FICO minimum Owner...