10% Down, No PMI, 5.50% Mortgage Rate to $1.15 Million Loan, No Points 5/1 ARM

by admindan | Sep 17, 2024 | Loan Programs, Money Tip

Many of my clients are having great success and saving the most money by getting a portfolio loan program offered by one lender in the industry. Interestingly, one of my clients is a successful Loan Officer at a mortgage company, who can’t get this loan at his...

Warning, Refi Borrower Beware, Mortgage Brokers May Charge Excessive Fees on Loans

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...

Are Realtors Good Loan Officers Too? Borrower & Buyer Beware!!

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...

Warning: Big Bank Financial Advisors NOT Always Looking Out for Your BEST Interests

by admindan | Jun 18, 2024 | Financial Information, Money Tip

Are you looking for the BEST advice on your finances, such as mortgage loans, investments, etc.? Problem: Did you know big bank financial advisors are required to direct their clients to in-house mortgage loan officers and investment options? I’ve networked and talked...

Borrower Warning – You May Lose Out on .50-1.00 Points on Mortgage Loans

by admindan | Mar 19, 2024 | Financial Information, Money Tip

Check out this EXPOSE! Borrowers beware when getting mortgage loans from mortgage lenders. Your fees may be higher by as much as 1 point because you DIDN’T shop around or know how to ask for concessions. Per newsletter by industry-leading HousingWire: “Two borrowers...