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 | Jul 16, 2024 | Loan Programs, Money Tip
Are you looking for cash-out on an investment home and possibly a duplex? Problem: Go to any mortgage company or broker and get rates .50% higher or more. Solution: Two great lender options below: Loan details: $800k loan, $2.25 million value, 36% LTV, duplex, 780...
by admindan | Aug 15, 2023 | Financial Information, Money Tip
Are you wondering if NOW is a good time to purchase a home, when mortgage rates are so high and there’s limited inventory? Yes, it is, because less people are willing to purchase a home at these rates. But you can refi when rates are lower in the next 1-4 years....
by admindan | Jul 25, 2023 | Financial Information, Money Tip
Watch out, some loan officers will completely take advantage of you to make big money. Problem: Last week a financial advisor asked me to evaluate his client’s cash-out refi. The Veteran borrowers wanted $90,000 cash-out to pay off credit card debt and upgrade...
by admindan | May 18, 2022 | Loan Programs, Money Tip
Do you want the BEST rate on your conforming 30-year fixed mortgage today, purchase or refinance? Problem: Many news agencies post the week’s average 30-year fixed rate mortgage today at 5.27%. If that is the average, think of how high rates are for some borrowers!!!...
