by admindan | Mar 29, 2022 | Financial Information, Money Tip
Are you scared mortgage rates are going to rise 5.00% or higher before you can lock your mortgage rate with your lender when purchasing a home? The Federal government is expected to raise the federal funds rate 5 more times this year to slow the economy and reduce...
by admindan | Mar 22, 2022 | Loan Programs, Money Tip
Did you or someone you know recently purchase a home and were forced to accept a HIGH interest rate from your lender because the seller required the loan and purchase to close quickly? Solution A: Refinance now at 3.375% rate, 3.388% APR, 0 points 30 year fixed rate...
by admindan | Mar 15, 2022 | Home Purchasing, Loan Programs
Are you looking to buy a bigger house? Solution: You may qualify for a larger purchase price and loan amount because a new loan program allows up to 30% of a family member’s living or boarding income to be included in the borrower’s qualifying income...
by admindan | Mar 8, 2022 | Loan Programs, Money Tip
Do you want the best Home Equity Line of Credit or fixed rate 2nd loan? All types of lenders offer these loans, but the terms may be dramatically different: high margins, high fees, challenging requirements, etc. Solution: Dan the Man has researched over 40 lenders to...
by admindan | Mar 1, 2022 | Loan Programs, Money Tip
What if when you’re purchasing a home the seller requires you to close in 21 days versus the normal 30 days? The scenario for Bob and Ellen on an $850,000 loan, $900,000 purchase price, 740 FICO, single family home, 30-year fixed rate: Lender A is offering...
