by admindan | Sep 11, 2024 | Financial Information, Money Tip
Are you looking to refinance your high rate loan to a lower rate after purchasing a home in the last two years? Beware: Some mortgage brokers may charge 1.50% points or more on your loan to stick it to you, so they can earn a lot of money at your expense!!! Proof: A...
by admindan | Aug 27, 2024 | Loan Programs, Money Tip
Did you read the headlines? Good news, the Fed (Federal Reserve Bank) is talking about cutting interest rates, that is the Federal Funds Rate which banks use to borrow from the federal government. So, we expect to see the Fed Funds rate & mortgage rates drop .25%...
by admindan | Aug 20, 2024 | Expert Advice, Money Tip
Are you getting the BEST mortgage loan from a real estate agent that is assisting in the home purchase? Borrower & Buyer Beware!! Because of the NAR (National Association of Realtors) settlement, forcing realtors to seek out their own buyers’ commission, more...
by admindan | Aug 13, 2024 | Loan Programs, Money Tip
Do you have the income but not the down payment? This loan program will help you purchase a bigger home with less down payment. Solution: A specific lender is offering a portfolio loan program. Purchase loan parameters: 5% down to $1.5 million 720 FICO minimum Owner...
by admindan | Aug 6, 2024 | Financial Information, Money Tip
Do you know anyone considering a divorce and wanting to keep the current loan on the house? If you currently have a crazy low mortgage rate, here is a little known solution to allow a spouse to stay in the home and keep the loan. It will save you a TON of MONEY....
by admindan | Jul 30, 2024 | Loan Programs, Money Tip
Do you want to save a TON of MONEY by consolidating credit card or other debt into a very low rate Home Equity Line of Credit? Or, consider financing home improvement projects using a low rate HELOC!!! Solution: HELOC with 12-month teaser rate, currently at 3.99%: $1...
