by admindan | Oct 5, 2021 | Loan Programs, Money Tip
Did you know that you may be able to negotiate a better rate on your loan, .125%, .25%, even up to .50% lower rate?? Solution: Dan The Man For Mortgages Having worked in mortgage lending for 34 years, seeing the internal operations of all types of lenders and...
by admindan | Sep 28, 2021 | Loan Programs, Money Tip
Interested in getting cash from your home to pay off credit card balances, upgrade your home, buy a second home, invest, or help a family member with a down payment to purchase a home? Solution: Home Equity Line of Credit (HELOC) for up to $700k to 70% combined loan...
by admindan | Sep 21, 2021 | Financial Information, Money Tip
If you inherit your parents’ home in a trust, plan to keep it, need cash-out to settle sibling(s)’ needs, etc., and want to keep the property tax basis the same, 99% of the lenders can’t do your loan correctly. Don’t get screwed on your loan. Solution: Only 1%...
by admindan | Aug 31, 2021 | Financial Information, Money Tip
Should you buy a home in this hot price market? Solution: Most likely. In my 34 years in mortgage lending and real estate, owning a home has usually been one of the best investments over the long-term. Recently Mark Fleming, chief economist at First American Research,...
by admindan | Aug 24, 2021 | Loan Programs, Money Tip
Do you want a better chance of your purchase mortgage loan being approved? YES! Solution: Starting September 18, Fannie Mae will include twelve months of positive rental payments history in its underwriter program in the loan approval process. Borrowers must: Be...
