by admindan | Jul 23, 2024 | Loan Programs, Money Tip
Many of my clients are purchasing homes now and saving A TON of MONEY with 5/1 ARM mortgage loan these days versus a 30-year fixed rate at 7.05% per Mortgage News Daily or 6.85% on Bankrate.com. Don’t waste your money on 30-year fixed rates, when EVERYONE forecasts...
by admindan | Jul 2, 2024 | Financial Information, Money Tip
Are you looking for up to $500k in cash-out using a HELOC (Home Equity Line of Credit) and do not show enough income on your tax returns to qualify for the loan? Great news, a new loan program is available for self-employed borrowers: $500k maximum HELOC or $600k...
by admindan | Jun 25, 2024 | Financial Information, Money Tip
Buying a home is not easy. Saving money on a loan is usually not easy. According to a recent study: 54% of home buyers did NOT shop more than one lender for a mortgage loan. BEST news, 45% of homebuyers with a mortgage who shopped around got a lower offer than their...
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...
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...