by Dan the Man for Mortgages | Oct 25, 2022
Since mortgage rates are so high now and expected to rise more, you could save a ton of money by asking the seller if they have an FHA or VA mortgage loan at a low fixed rate that you could assume. If the seller has 3% rate loan versus minimum 6%+ today n $600k loan...
by Dan the Man for Mortgages | Sep 27, 2022
My belief is we are heading into a recession. Are you considering purchasing a home? How do you still get the best mortgage loan for your needs? Solution: I also believe rates will rise more in the short-term, but will drop to lower levels in next 2-3 years. Here are...
by Dan the Man for Mortgages | Mar 1, 2022
What if when you’re purchasing a home the seller requires you to close in 21 days versus the normal 30 days? The scenario for Bob and Ellen on an $850,000 loan, $900,000 purchase price, 740 FICO, single family home, 30-year fixed rate: Lender A is offering...
by Dan the Man for Mortgages | Feb 1, 2022
Are you self-employed and considering a house or refinancing a mortgage loan? Do you want to get approved for the maximum loan amount? Solution: Apply for a mortgage loan months or years in advance. With the right highly qualified Loan Officer and right lender, they...
by Dan the Man for Mortgages | Nov 30, 2021
Did you know there are special discounts in rate available through specific mortgage lenders when you live in designated areas? Solution: .50% lower rate found by Dan the Man for Mortgages Example: Jon was looking to refinance his condominium from 3.50% to a lower...
