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?
If You’re a Homeowner, You Have Incredible Leverage When You Sell Today
Kevin Brierton – 5.16.2022 In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on their dream home To buy before mortgage…
TWO WAYS THE FEDERAL RESERVE IMPACTS MORTGAGE RATES
TWO WAYS THE FEDERAL RESERVE IMPACTS MORTGAGE RATES – 5.10.2022 1- THE FED IMPACTS FIXED-RATE MORTGAGES BY BUYING AND SELLING MORTGAGE BONDS. Interest rates on fixed-rate mortgages change whenever the Fed buys or sells mortgage bonds, and whenever the Fed makes statements about buying and selling mortgage bonds. Since the pandemic hit the economy in…
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!