by admindan | Oct 18, 2022 | Loan Programs, Money Tip
Are you looking to purchase a home? Scared mortgage rates are increasing too much? Do you want to Lock in the rate NOW while you shop for ANY home? Awesome Solution: Lock and Shop loan program, new or used home! Loan scenario: 15% down, $1.2 million purchase price,...
by admindan | Aug 17, 2022 | Loan Programs, Money Tip
Want to buy a home with the LOWEST mortgage rate and payment? Problem: So many lenders offer high 30-year fixed rate loans and don’t offer competitive ARM loans. Borrowers realize current 30 year fixed rates will not stay so high for too long. Solution: 2.625% is the...
by admindan | Feb 8, 2022 | Financial Information, Money Tip
Buyer/borrower beware!! Some mortgage brokers and lenders charge higher rates & fees. Problem: This week, a mortgage investor announced it is “increasing its Max Comp from $20,000 to $35,000.” What does that mean for YOU? The lenders selling the loan to this...
by admindan | Aug 11, 2021 | Loan Programs, Money Tip
Do you have a BEST EVER success story? Check out mine: John (name changed) had a $4.5 million loan at 4.75% on a $13.5 million home in Santa Barbara County and had tried to refinance with other lenders, but the loan was too complicated and had no approvals. Dan the...
by admindan | Aug 3, 2021 | Financial Information, Money Tip
Are you in the middle of a refinance with loan amount of $125,000+? Is your rate already locked? Here is how to save approximately .50% in fee on your loan. Background: On Friday 7/16, FHFA (Federal Housing Finance Agency) eliminated the adverse market .50% fee on...
