by admindan | Nov 2, 2021 | Loan Programs, Money Tip
It’s crazy, the worst lender is offering 4.375% on a jumbo loan to a doctor with 10% down payment, 760 credit score with $900,000 loan amount, single family home. That is way too high!! Solution: Dan the Man finds the best loan program, lowest rate and best lenders....
by admindan | Oct 27, 2021 | Loan Programs, Money Tip
Still looking to refinance? Get it done NOW, TODAY, ASAP. Why? Answer: Because mortgage backed securities trading prices broke through a long-term trend line higher. Graphs have patterns, which lead to better quality forecasting. Last week, mortgage backed security...
by admindan | Oct 20, 2021 | Loan Programs, Money Tip
If you wait until you have 20% or more down payment to purchase a home, you will miss out on home price appreciation. Recently, Goldman Sachs, a well-known investment bank, predicted home prices to rise another 16% in 2022. So, if you don’t own a house, call me to get...
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...