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...
by admindan | Jul 20, 2021 | Financial Information, Money Tip
Still looking to refinance your mortgage loan? Now your costs just became .50% lower in fees! On Friday, July 16, the Federal Housing Finance Agency (FHFA) officially ended a controversial adverse market refinance fee for certain loans, usually $125,000+. Many lenders...
by admindan | Jul 14, 2021 | Financial Information, Money Tip
Everybody wants to know the direction of mortgage interest rates. People ask me all the time. I should know, I’ve been working on mortgage lending for 34 years and am an expert in pricing and hedging loans. So, if you are still looking to refinance or purchase a home...
by admindan | Jun 8, 2021 | Loan Programs, Money Tip
Are you self-employed, want to refinance or purchase a home and write off a lot on your taxes? You may be able to get a mortgage loan at the best rates of low 3’s and high 2’s if you have plenty of investment reserves. Solution: Portfolio loan program offered by...
by admindan | Apr 20, 2021 | Loan Programs, Money Tip
Are you looking to save a ton of money and refinance your jumbo loan with no maximum cash-out limits at crazy BEST rates? Most lenders will steer you into 30-year fixed rate loans because they don’t offer good 10/1 ARM rates. Did you know most borrowers stay in their...