by Dan the Man for Mortgages | Aug 29, 2023
Are you drowning in credit card or other consumer debt at high interest rates? Or, do you want cash to remodel your home and increase the value? Solution: BEST HELOC (Home Equity Line Of Credit) loan at much lower rates and possibly deductible on your taxes: 7.49%...
by Dan the Man for Mortgages | Jul 25, 2023
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 Dan the Man for Mortgages | Feb 7, 2023
Do you own an investment property and looking to get cash out through HELOC? Yes, these loans are available and I know where to get the best deals. HELOC 2nd options: – 80% CLTV, prime +3.50% margin – 70% CLTV, prime + .25% margin – 70% CLTV, prime +...
by Dan the Man for Mortgages | Dec 13, 2022
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...
by Dan the Man for Mortgages | Oct 4, 2022
Are you looking to secure purchasing a home before selling your current home? Problem: Most lenders will calculate your debt-to-income ratio by including both current mortgage payment and new mortgage payment, so there is no way to purchase before selling your current...
