by admindan | Jul 20, 2021 | Financial Information, Money Tip
Still looking to refinance your mortgage loan? Now your costs just became .50% lower in fees! On Friday, July 16, the Federal Housing Finance Agency (FHFA) officially ended a controversial adverse market refinance fee for certain loans, usually $125,000+. Many lenders...
by admindan | Jul 14, 2021 | Financial Information, Money Tip
Everybody wants to know the direction of mortgage interest rates. People ask me all the time. I should know, I’ve been working on mortgage lending for 34 years and am an expert in pricing and hedging loans. So, if you are still looking to refinance or purchase a home...
by admindan | Jun 29, 2021 | Loan Programs, Money Tip
A friend of mine called to ask a simple question, which led to more questions. Ultimately, Steve was being offered a lower rate on his $1,000,000 loan. His lender, a BIG BANK, offered to lower it from 3.50% to 3% for free, just sign a few forms sent by FedEx. What?...
by admindan | Jun 22, 2021 | Credit Report, Money Tip
Want to raise your credit scores? George had been working for months to raise his credit scores on his own so he could purchase a home. But he was not seeing the best results. I connected him to a great quality and ethical credit repair expert. Two solutions: Option 1...
by admindan | Jun 16, 2021 | Money Tip
Want to hear a great success story? Kita applied for a mortgage at a big bank, WF, in January. They processed her loan for 3 months. Two days prior to the closing date, they declined the loan. WHAT??!! This should never happen, but it does too often, because the Loan...
by admindan | Jun 8, 2021 | Loan Programs, Money Tip
Are you self-employed, want to refinance or purchase a home and write off a lot on your taxes? You may be able to get a mortgage loan at the best rates of low 3’s and high 2’s if you have plenty of investment reserves. Solution: Portfolio loan program offered by...
