by admindan | Apr 5, 2022 | Financial Information, Loan Programs, Money Tip
Did you see the news? “The average rate for a 30-year fixed rate mortgage hit 4.67% on Thursday, according to Freddie Mac.” Solution: Find the best rates and loan programs, search 500 lenders of all types. By having a higher credit score and the right lender, you too...
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 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...
by admindan | Feb 15, 2022 | Loan Programs, Money Tip
Solution: One lender is offering an AWESOME loan program. Purchase: 660 credit score or higher 95% LTV to $850k loan amount 90% CLTV, 80% 1st, 10% HELOC to $2.5 million loan 80% CLTV, 70% 1st, 10% HELOC to $3 million loan Purchase example: Home value $2.5 million...
