by admindan | Jul 25, 2023 | Financial Information, Money Tip
Watch out, some loan officers will completely take advantage of you to make big money. Problem: Last week a financial advisor asked me to evaluate his client’s cash-out refi. The Veteran borrowers wanted $90,000 cash-out to pay off credit card debt and upgrade...
by admindan | Jun 27, 2023 | Financial Information, Money Tip
Are you wondering why mortgage rates are so high? Do you want to know how long this high rate environment will last? Me too! I’ve been working directly in areas of mortgage interest rates, forecasting, hedging and securitization for 35+ years. I’ve learned a lot,...
by admindan | Jun 14, 2023 | Financial Information, Money Tip
Do you want to purchase a home? Awesome! Congratulations! Why should you apply for a mortgage loan months or years in advance? Too often, buyers/borrowers start looking at houses first, find the “perfect” home, only to find out they do not qualify to purchase it. Too...
by admindan | May 16, 2023 | Financial Information, Money Tip
Are you self-employed and want to save as much as $6,000 on yearly taxes? Referred to as the Augusta Rule, you can use your primary or vacation home as a meeting location, up to 14 days per year, record the income and get a large tax deduction. You, your friends or...
by admindan | Apr 11, 2023 | Financial Information, Money Tip
Are you wondering if Now is a good time to purchase a home? Almost every borrower has asked me that question. My answer is that it does depend on each person’s wants, needs and financial ability to pay. I continue to believe that owning real estate in the USA is very...
by admindan | Dec 13, 2022 | Financial Information, Money Tip
Are you looking for cash out of your home? I have many great options, including a HELOC at 6.09% rate and 6.12% APR. But, what if you are self-employed and don’t qualify for a traditional Home Equity Line of Credit because you write off a large amount of expenses on...
