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!

*Disclosure

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?

Volatility, Oil Prices, and the Fed: Navigating the March 2026 Market

By Kevin Brierton Team | March 16, 2026

Inside Lending For the week of March 16, 2026 QUOTE OF THE WEEK “The secret to longevity is ice cream.”—Paul Marcus, American centenarian NATIONAL MARKET UPDATE Buyer-friendly conditions continue to develop as home prices trend lower and inventory gradually improves. While economic uncertainty persists, affordability dynamics are slowly becoming more supportive heading into the spring shopping…

The #1 Reason Buyers Walk Away (And How To Get Ahead of It)

By Kevin Brierton Team | March 15, 2026

You may have seen headlines on social saying the number of buyers backing out of their contracts is on the rise – and has recently reached a high not seen since 2017. That can sound intimidating. But it varies a lot by market. And here’s the key thing to understand if you want to sell. A lot…

One Key Sign We’re Not Headed for a Wave of Foreclosures

By Kevin Brierton Team | March 13, 2026

Foreclosures are ticking up. And that may make your mind jump straight to thoughts of 2008 – specifically to what happened to the market during the housing crash. So, let’s do exactly what your brain already wants to do, and see if there’s any connection there. The simple truth is foreclosure filings are rising. But they’re nowhere near crisis levels.…

The Power of a Well-Structured Mortgage in Today’s Economy

By Kevin Brierton Team | March 12, 2026

Most people look at a mortgage as a necessary evil. It is that big, looming debt you have to pay every month until it finally disappears in thirty years. We are often taught that the goal is to pay it off as fast as possible to find “freedom.” But in this economy, that traditional way…

If Your House Isn’t Getting Offers, Read This.

By Kevin Brierton Team | March 11, 2026

Online searches for “can’t sell house” just hit an all-time high according to Google Trends. So, if your house has been sitting on the market without any bites, you’re not the only one. But it’s also not the end of the road.  Homes are selling every day, so you can turn this around. You just need…

Should You Wait for Lower Rates?

By Kevin Brierton Team | March 10, 2026

Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range. If you saw that and thought, “Great. I missed it,” you’re not the only one. A lot of buyers are treating the 5s like some kind of magic number. As…

Spring Housing Momentum May Be Starting to Build

By Kevin Brierton Team | March 9, 2026

Inside Lending – Week of March 9, 2026 QUOTE OF THE WEEK “Success usually comes to those who are too busy to be looking for it.” — Henry David Thoreau, American philosopher NATIONAL MARKET UPDATE Housing data is beginning to hint at a potential spring rebound. Home values rose in February for the first time…

The Seller Credit Playbook: 7 Ways to Win

By Kevin Brierton Team | March 8, 2026

Why it works: Sellers care about their net walk-away price. If you offer $400k with a $10k credit, they net $390k. They usually don’t care how that $10k is spent—but for you, it’s life-changing. 1. The Rate Buy-Down (Permanent) Use the credit to pay “points” to lower your interest rate for the entire life of…

WHEN A BIGGER MORTGAGE CREATES BIGGER WEALTH

By Kevin Brierton Team | March 6, 2026

Most people think the goal is simple: put more down, take the smallest mortgage possible, and pay it off fast. Sometimes that works. But sometimes that plan quietly makes you “house rich, cash poor” with your money trapped in the walls. And if your cash is trapped, you lose options. Options are a big part…

Spring Sellers Have an Edge. Here’s Why.

By Kevin Brierton Team | March 5, 2026

Homeowners looking to sell usually want three things: plenty of interested buyers, strong offers, and a short timeline. Spring is the season that most often delivers all three. So, if a move has been on your mind this year, this is the window where momentum tends to work in your favor. Here’s what makes this…

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!