by admindan | Oct 8, 2024 | Loan Programs, Money Tip
Do you really want to get a high rate loan with a mortgage company, needing a 30-year fixed rate when a shorter term Adjustable Rate Mortgage will save you A TON of MONEY? I won this loan scenario today: 5% down on $850k purchase price 6.00% rate, 6.137% APR No points...
by admindan | Aug 20, 2024 | Expert Advice, Money Tip
Are you getting the BEST mortgage loan from a real estate agent that is assisting in the home purchase? Borrower & Buyer Beware!! Because of the NAR (National Association of Realtors) settlement, forcing realtors to seek out their own buyers’ commission, more...
by admindan | Aug 13, 2024 | Loan Programs, Money Tip
Do you have the income but not the down payment? This loan program will help you purchase a bigger home with less down payment. Solution: A specific lender is offering a portfolio loan program. Purchase loan parameters: 5% down to $1.5 million 720 FICO minimum Owner...
by admindan | Jul 23, 2024 | Loan Programs, Money Tip
Many of my clients are purchasing homes now and saving A TON of MONEY with 5/1 ARM mortgage loan these days versus a 30-year fixed rate at 7.05% per Mortgage News Daily or 6.85% on Bankrate.com. Don’t waste your money on 30-year fixed rates, when EVERYONE forecasts...
by admindan | Jul 16, 2024 | Loan Programs, Money Tip
Are you looking for cash-out on an investment home and possibly a duplex? Problem: Go to any mortgage company or broker and get rates .50% higher or more. Solution: Two great lender options below: Loan details: $800k loan, $2.25 million value, 36% LTV, duplex, 780...