4.875% Rate, 3/1 ARM, No Points for Home Purchase Loan in So. Cal.

by admindan | Feb 2, 2024 | Loan Programs, Money Tip

Are you looking for the LOWEST rate mortgage loan to purchase a home? Are you are a W2 employee? Want to save a LOT of MONEY? Solution: Great ARM options of 3/1, 5/1, 7/1 & 30 year fixed rate: 20%+ down payment, 740 FICO to $1 mil loan 3/1 ARM @ 4.875%, no points,...

The Direction of Mortgage Interest Rates, Higher? Lower? Flat?

by admindan | Dec 5, 2023 | Financial Information, Money Tip

Are you wondering about the direction of mortgage interest rates and how they will influence your future home purchase or current home loan? Borrowers are consistently asking about my expectations. I’ve been working in mortgage lending 35+ years. My career was built...

You’re Right, It’s All About YOUR Needs on Mortgage Loan Programs & Rates

by admindan | Nov 28, 2023 | Expert Advice, Loan Programs, Money Tip

Today, people have so many options of news sources, financial info from advisors, accountants, family, friends, future expectations of the direction of interest rates, values, etc. We all have very different needs. For a mortgage loan, there are so many options: fixed...

HELOC, No Income Doc to 80% @ 9% to $100k Loan

by admindan | Nov 24, 2023 | Loan Programs, Money Tip

Do you need $100k in cash for ANY reason, have limited income or documentation and looking for the best rate and loan program? Solution: $100k maximum no income doc HELOC loan: 80% CLTV maximum 720 FICO minimum Prime rate + .50% margin = 9% for 780+ FICO (higher...

100% LTV, $6,500 Down Payment Grant, 7.50% Rate 30 Year Fixed, No PMI

by admindan | Nov 16, 2023 | Loan Programs, Money Tip

Buyers, do you want a NO down payment loan with $6,500 in grant money? Solution: a program designed specifically for first-time homebuyers: $6,500 grant for down payment and/or closing costs, no repayment required Up to $750,000 loan No mortgage insurance (no PMI)...