by admindan | Jun 21, 2022 | Loan Programs, Money Tip
Do you have a lot of money for the down payment, but not in the bank, and want to avoid PMI (Private Mortgage Insurance) to buy a home NOW? Case in point: Joanne had $160k in mattress money down payment and wanted a no PMI loan program. The $160k was from years of...
by admindan | Jun 15, 2022 | Loan Programs, Money Tip
Did you read last week’s blog post? I found a BETTER HELOC lender and loan program after researching more lenders. BEST HELOC Solution: 2.99% & APR = Prime (4% currently) – 1.01% margin $200k maximum loan amount $50-200k or 2.99%, 2.99% APR 80% CLTV maximum...
by admindan | Jun 7, 2022 | Loan Programs, Money Tip
Are you looking for the absolute BEST HELOC rate to get cash out of your home? Problem: Too many lenders either do not offer a Home Equity Line of Credit (HELOC) loan or their terms aren’t good because they are not efficient at offering this loan. Solution: One...
by admindan | May 18, 2022 | Loan Programs, Money Tip
Do you want the BEST rate on your conforming 30-year fixed mortgage today, purchase or refinance? Problem: Many news agencies post the week’s average 30-year fixed rate mortgage today at 5.27%. If that is the average, think of how high rates are for some borrowers!!!...
by admindan | May 10, 2022 | Loan Programs, Money Tip
Self-employed borrowers have the hardest time qualifying for a great mortgage loan because they write off so much on their taxes. Solution: 90% debt-to-income (DTI) loan program for self-employed borrowers. Details: KEY – reserves (retirement, stock, annuity, bank...
by admindan | May 3, 2022 | Loan Programs, Money Tip, Uncategorized
Looking to close a home loan and purchase in 14 days or lose your big money deposit? Problem: Too many lenders over-promise and under-deliver. Maybe the online Loan Officer didn’t know the loan program details, or didn’t realize you were self-employed or many other...
