by Dan the Man for Mortgages | Oct 18, 2022
Are you looking to purchase a home? Scared mortgage rates are increasing too much? Do you want to Lock in the rate NOW while you shop for ANY home? Awesome Solution: Lock and Shop loan program, new or used home! Loan scenario: 15% down, $1.2 million purchase price,...
by Dan the Man for Mortgages | Aug 17, 2022
Want to buy a home with the LOWEST mortgage rate and payment? Problem: So many lenders offer high 30-year fixed rate loans and don’t offer competitive ARM loans. Borrowers realize current 30 year fixed rates will not stay so high for too long. Solution: 2.625% is the...
by Dan the Man for Mortgages | Feb 8, 2022
Buyer/borrower beware!! Some mortgage brokers and lenders charge higher rates & fees. Problem: This week, a mortgage investor announced it is “increasing its Max Comp from $20,000 to $35,000.” What does that mean for YOU? The lenders selling the loan to this...
by Dan the Man for Mortgages | Aug 11, 2021
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 Dan the Man for Mortgages | Aug 3, 2021
Are you in the middle of a refinance with loan amount of $125,000+? Is your rate already locked? Here is how to save approximately .50% in fee on your loan. Background: On Friday 7/16, FHFA (Federal Housing Finance Agency) eliminated the adverse market .50% fee on...