Saturday Strategy
Mortgage FAQ's, did you knows and much more...
Bridge loan comparisons
We know many of you are navigating the tricky waters of selling one house and buying another. Whether you're considering this for your primary residence or investment properties, we have a solution that could be a game-changer.
Here's a quick rundown of the key points:
Bridge Loans Explained: Our Bridge Loan Program allows you to secure a loan on the house you're selling. This means you don't have to worry about leaving your current home or having a mortgage on it.
Investment Properties Included: This isn't just for your primary residence. It's also designed for investment properties, giving you flexibility and options.
Cash Buying Power: With this bridge loan, you can use the secured funds to buy your new property in cash. No need to identify your next home upfront.
Interest Rates Vary: Keep in mind that interest rates may vary based on factors like credit scores, so we'll work closely with you to find the best solution.
Not All Lenders Offer This: While this fantastic program is available, it's not offered by every lender. It's essential to do your homework and work with experts like us who understand the intricacies.
Check out are comparison I ran comparing a new first mortgage, 1st mortgage and HELOC and a bridge loan. -- https://mcedge.tv/46ed8o
P.S. Can I count on you to call us when any friends, family or coworkers are looking to buy, sell or refinance a home? We'd love to help! You can just text/call me at 480.553.8770.
A Drop in Equity Doesn’t Mean Low Equity
Kevin Brierton – 6.14.2023 You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out recently. …
This Real Estate Market Is the Strongest of Our Lifetime
Kevin Brierton – 6.8.2023 When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that…
The Main Reason Mortgage Rates Are So High
Kevin Brierton – 6.7.2023 Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Here’s context you need to help…
P.S. Can I count on you to contact me if you hear that a friend, family or coworker is looking to buy, sell or refinance? Call/Text 480.553.8770 - We'd be honored to help them too!