by admindan | Oct 5, 2021 | Loan Programs, Money Tip
Did you know that you may be able to negotiate a better rate on your loan, .125%, .25%, even up to .50% lower rate?? Solution: Dan The Man For Mortgages Having worked in mortgage lending for 34 years, seeing the internal operations of all types of lenders and...
by admindan | Sep 28, 2021 | Loan Programs, Money Tip
Interested in getting cash from your home to pay off credit card balances, upgrade your home, buy a second home, invest, or help a family member with a down payment to purchase a home? Solution: Home Equity Line of Credit (HELOC) for up to $700k to 70% combined loan...
by admindan | Aug 24, 2021 | Loan Programs, Money Tip
Do you want a better chance of your purchase mortgage loan being approved? YES! Solution: Starting September 18, Fannie Mae will include twelve months of positive rental payments history in its underwriter program in the loan approval process. Borrowers must: Be...
by admindan | Aug 11, 2021 | Loan Programs, Money Tip
Do you have a BEST EVER success story? Check out mine: John (name changed) had a $4.5 million loan at 4.75% on a $13.5 million home in Santa Barbara County and had tried to refinance with other lenders, but the loan was too complicated and had no approvals. Dan the...
by admindan | Jun 29, 2021 | Loan Programs, Money Tip
A friend of mine called to ask a simple question, which led to more questions. Ultimately, Steve was being offered a lower rate on his $1,000,000 loan. His lender, a BIG BANK, offered to lower it from 3.50% to 3% for free, just sign a few forms sent by FedEx. What?...
by admindan | Jun 8, 2021 | Loan Programs, Money Tip
Are you self-employed, want to refinance or purchase a home and write off a lot on your taxes? You may be able to get a mortgage loan at the best rates of low 3’s and high 2’s if you have plenty of investment reserves. Solution: Portfolio loan program offered by...
