by admindan | Jun 12, 2024 | Financial Information, Money Tip
Are you looking to qualify for a higher purchase price, but your debt to income ratio (DTI) is too high and the lender is declining the higher loan amount? Solution: Do you have an investment account that allows you to borrower against it? If so, you can borrow...
by admindan | Jun 5, 2024 | Financial Information, Money Tip
If you are purchasing a home or already own a home, insurance is required and pays for losses and damage to your property if something unexpected happens, like a fire, water damage or burglary. When you have a mortgage, your lender wants to make sure your property is...
by admindan | May 21, 2024 | Expert Advice, Financial Information, Money Tip
If you are considering purchasing a condominium, allow extra time for the mortgage lender to verify the condo complex is approved by Fannie or Freddie regulatory agencies. Reason: Condo Home Owners Associations (HOA) are required to meet strict requirements by our...
by admindan | May 14, 2024 | Loan Programs, Money Tip
Are you looking to purchase a home in the next 1-24 months? Are you also wondering if mortgage rates are going to decrease, so you can afford to purchase a home? Solution: Buy a home now with an ARM (Adjustable Rate Mortgage) loan program with a rate lower by 1%+...
by admindan | Apr 30, 2024 | Loan Programs, Money Tip
Borrower KD is saving 1.235% in her rate versus the average 30-year fixed rate per Google at 7.86% AND NOT PAYING PMI with 10% down payment on her loan by using a unique First-time buyer program offered by a West Coast lender. She will save $498 per month in her...
by admindan | Apr 23, 2024 | Loan Programs, Money Tip
Do you want to save a TON of MONEY with a Home Equity Line of Credit by consolidating credit card debt or using the $$ for a home improvement project? Solution: HELOC with 12-month teaser rate, currently at 3.99%: $1 million maximum loan amount to 70% CLTV 90% CLTV...
