11 Feb 2025 Mike’s Mid Day Mortgage Update Stop Your Buyers from Saying “I’ll Just Rent Forever!” (And Close More Deals) As real estate agents, you’ve all heard it: the discouraged buyer who throws their hands up and declares, “I’ll just rent forever!” They get overwhelmed by the numbers, the interest rates, and the perceived mountain of debt. Sound familiar? Worse yet, they […] Share on Facebook Share on Twitter
6 Feb 2025 A few Fannie Guidelines Happy Thursday! Sometimes, I want to dive deep into my Fannie Mae Brain and blurt out a few guidelines. It could be the nerd in me, or it could help you get a new deal or save you some time. Fannie Mae Allows Certain Non-Warrantable Condos – But Only with Exceptions Most people assume […] Share on Facebook Share on Twitter
4 Feb 2025 1/0 lender paid buydown Many of us feel that interest rates will be lower next year or so. Sure, we’ve been wrong a few times before, but we’re all staying positive and hoping for the best! Recently, we’ve been talking to our clients about 1/0 lender-paid buydowns – a fantastic loan program for those who believe they’ll refinance in […] Share on Facebook Share on Twitter
30 Jan 2025 Getting your buyers ready for a busy Spring! I write about Bridge Loans a few times a year, and it’s probably the number one thing we kill our competitors with, so I like to rub it in. Why Bridge Loans Are the Perfect Solution for Buyers As the busy real estate season heats up, many buyers and sellers will face tight timelines, […] Share on Facebook Share on Twitter
28 Jan 2025 Maximizing Opportunities for Union Workers/ Studio... For many union workers, income calculation is critical when qualifying for a home loan. The calculation is especially true for those who work a variety of jobs throughout the year, such as individuals in the entertainment industry, tradespeople, or other unionized professions. Understanding how different lenders approach income calculations can significantly affect their ability to […] Share on Facebook Share on Twitter