Clients Liz and Marshall were approved at a mortgage lender with their required minimum 20% down payment loan program and subsequent maximum $1.3 million purchase price. HOWEVER, they wanted to purchase a $1.5 million purchase price.
Solution: different lender offering
- 15% down payment
- No PMI
- $1.5 million purchase price, $1.274 million loan amount
- 6.375% 30-year fixed rate, no points, 6.394% APR
- 801 FICO, SFD, available in all states
Other option:
- 5.50% rate, 6.021% APR, .25% points
- 7/6 ARM
$50k deposit required for either option.
When you want the best options, call Dan the Man for Mortgages at 714-310-4162.
NEW review on Google:
“We had a great experience working with Dan the Man for Mortgages. Dan helped us secure a very competitive rate (saving $369 monthly and $4,668 yearly vs the original lender!!) and made the entire process smooth and hassle-free from start to finish. He was responsive, knowledgeable, and always available to answer our questions. We appreciated his transparency and professionalism throughout the process. Highly recommend Dan to anyone looking for a mortgage broker who makes things easy and gets results!“ -Andrew M.
“We had a great experience working with Dan the Man for Mortgages. Dan helped us secure a very competitive rate (saving $369 monthly and $4,668 yearly vs the original lender!!) and made the entire process smooth and hassle-free from start to finish. He was responsive, knowledgeable, and always available to answer our questions. We appreciated his transparency and professionalism throughout the process. Highly recommend Dan to anyone looking for a mortgage broker who makes things easy and gets results!“ -Andrew M.