Saturday Strategy
Mortgage FAQ's, did you knows and much more...
Help with down payment is not just for first time home buyers
I wanted to quickly share a video about a fantastic down payment assistance program we launched about a month and a half ago call Luminate PATH National Down Payment Assistance Program
Here are the highlights:
- It's not just for first-time homebuyers; anyone can benefit.
- You can keep your current home if you own one and rent it out.
- No need to sell your current house if you're looking to move.
- There is a forgivable option and a repayable option
- No income limits
These guidelines offer flexibility. While I'm summarizing here, feel free to reach out for more details. The reason behind this video is to shed light on the available options, especially with soaring housing costs and rates. Buying a house and saving for a down payment can be tough right now, but there are solutions.
Thank you for being amazing clients. Wishing you a wonderful weekend. Feel free to share this video with anyone who might benefit. Have a great day!
Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
* DISCLOSURE: The results above are based on (i) information provided by you, (ii) estimates of interest rates, closing costs,another amounts, and your tax bracket (iii) currently available loan programs and (iv) information and assumptions that may or may not have been previously discussed with your Home Loan Specialist, all of which might change over time. The interest rates, annual percentage rates (APRs), discount points and rebates shown are subject to change without notice. This is not a credit decision or a commitment to lend.
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.
* Did you know we can finance in 45 states?
Home Sales Strengthen as the Market Finds Its Balance
Inside Lending For the week of OCTOBER 6, 2025 QUOTE OF THE WEEK “If you can keep your head when all about you are losing theirs, it’s just possible you haven’t grasped the situation.”—Jean Kerr, American author and playwright NATIONAL MARKET UPDATE The Pending Home Sales measure of signed contracts on existing homes ended the summer…
New Home Sales Surge, Buyers Gain Options
Inside Lending – Week of September 29, 2025 QUOTE OF THE WEEK “Economics is extremely useful as a form of employment for economists.”—John Kenneth Galbraith, Canadian-American economist NATIONAL MARKET UPDATE New home sales jumped more than 20% in August, up more than 15% from a year ago. Plus, median sales prices are down more than…
Mortgage Applications Spike as Fed Cuts Rates
Inside Lending – Week of September 22, 2025 QUOTE OF THE WEEK “Canadians are very well behaved; they don’t throw their food.”—Calvin Trillin, American journalist, humorist, and poet NATIONAL MARKET UPDATE Mortgage applications spiked almost 30% last week, driven by refis, but purchase applications also went up a healthy 12% compared to the prior week…
Do You Know How Much Your House Is Really Worth?
Want to know something important you probably don’t have a professional check for you nearly as often as you should? Spoiler alert: it’s the value of your home. Because here’s the reality. Your house is likely the biggest financial asset you have. And if you’ve lived in it for a few years or more, chances…
Why Now May Be a Key 2025 Moment To Sell Your House
Mortgage rates are finally heading in the right direction – and buyers are starting to jump back in. According to the data, buyer demand picked up considerably once mortgage rates hit a new low for 2025. The Mortgage Bankers Association (MBA) reports that applications for home loans were up 23% compared to the first week…
Buyer Demand Surges as Prices & Rates Ease
Inside Lending For the week of SEPTEMBER 15, 2025 QUOTE OF THE WEEK “Just remember, once you’re over the hill you begin to pick up speed.”—Charles M. Schulz, American cartoonist, creator of the Peanuts comic strip NATIONAL MARKET UPDATE The Mortgage Bankers Association reported demand for purchase mortgages surged last week to the highest level…
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!
