by admindan | Feb 8, 2022 | Financial Information, Money Tip
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 admindan | Feb 1, 2022 | Financial Information, Money Tip
Are you self-employed and considering a house or refinancing a mortgage loan? Do you want to get approved for the maximum loan amount? Solution: Apply for a mortgage loan months or years in advance. With the right highly qualified Loan Officer and right lender, they...
by admindan | Nov 17, 2021 | Financial Information, Money Tip
Are you a credit profile expert? Probably not, so these 3 tips will help you maximize your credit scores before applying for a mortgage loan. These tips are counterintuitive, which is why everyone needs to be informed. Send to all that could benefit. Don’t:...
by admindan | Nov 9, 2021 | Financial Information, Money Tip
Real estate can be a great investment. I bet you didn’t realize you have A LOT of competition to buy a home. There are five or more types of buyers looking to purchase properties. Really? Yes! Money Tip: Invest in some form of real estate, because there is limited...
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,...
