by jessicajones | Aug 22, 2022 | 411, Uncategorized
This is the big buzzword right now among in-house lenders, I know. Why not give your sellers and buyers access to lower wholesale rates to begin with? What Is A Seller-Paid Rate Buydown? This is when the seller gives the buyer a credit to help “buy down” the...
by jessicajones | Jun 17, 2022 | Uncategorized
The Feds have really let inflation get out of control. Remember this Fed, 2.5 months ago, not 2.5 years ago was buying treasuries, buying mortgage bonds, and keeping rates at zero. Monday the 13th we saw most lenders quoting rates above 6% on the retail side.. This...
by jessicajones | Apr 8, 2022 | 411, Reverse Mortgage, Uncategorized
No one ever said that life is easy, fair, or even that it comes cheap. In fact, the cost of living has been incrementally increasing over the years making it that much harder for individuals to afford even the basic necessities. But if you are a homeowner where...
by jessicajones | Jul 7, 2021 | 411, Uncategorized
The director of the FHFA, Mark Calabria, who was appointed by President Donald J. Trump was fired by Joe Biden Wednesday June 23rd after the Supreme Court Ruled that Congress made the FHFA too insulated from the White House because the president couldn’t easily remove...
by jessicajones | Jun 9, 2021 | 411, Uncategorized
Great News! We JUST got approvals for 4 borrowers that had debt to income issues that were too high in 2020 and I think we are about to get 2 more. Here is the deal… Fannie Mae Announces RefiNow – Expands Eligibility to Help More Homeowners Reduce Their Monthly...
by liftoffalpha | May 28, 2020 | Uncategorized
Mortgage Rates have been all over the place over the last few months. Fortunately, we have been approved for a temporary program, exclusive to wholesale lenders, called Conquest. These are loans with rates in the 2’s!!! These are eligible for purchase and rate and...
Recent Comments