Digital 411

Consolidating credit card debt into a cash-out refinance can be a strategic financial move under certain circumstances. Here are some reasons why someone might consider this option: Lower Interest Rates: Credit cards often come with high interest rates, sometimes...

If you have a mortgage with a low rate, that’s awesome! But what if you have other debts? According to Lending Tree: Americans’ total credit card balance is $986 billion in the first quarter of 2023, according to the latest consumer debt data from the Federal Reserve...

Are you looking to move up, or move down but your downpayment is tied to the equity in your current home? Bridge Loans are a big deal right now with inventory being so tight.  What is a bridge loan? Purchase Bridge Loans: are used when a borrower wants to purchase a...

WHAT??? 5 Day HELOC – Fixed or Adjustable - Tap Into Your Equity Not Your 1st Mortgage Are you looking to tap into your equity, but you don’t want to mess with your low fixed rate first mortgage? We have a new product that can fund in as fast as 5 days! It’s a Home...

Leads Are Seeds! The Real Time Referral Program Explained! Hi! Thanks for watching this short video that discusses our Real Time Referral program. I promise it will be a great use of your time! I appreciate you and look forward to growing a “Forest of Oak Trees” with...

Fresh Home Loan Inc. Announces a Zero Down Home Loan with No Income Restrictions for California "While the housing market has its challenges for many buyers and sellers, one thing to realize is the opportunity this market has for the first-time homebuyer” — Garrick...

Introduced in 2018, Freddie Mac’s HomeOne® mortgage loan is designed to make financing more accessible for prospective home buyers as well as refinance. Another thing that is truly unique is it allows ‘Border Income’. This is rent received from a roommate. You can...

Trigger Leads and How To Deal With Them Let's assume one is looking to buy a home. They call Fresh Home Loan, a local mortgage brokerage, and Broker Owner Garrick Werdmuller does his due diligence in running credit and approving your loan and THE NEXT DAY YOU HAVE...

https://youtu.be/gHAUQD9KJNs We are doing an AWESOME event on November 17th 2022 On Facebook:  https://fb.me/e/3W3sSwMfC Winter Is Coming! With the current shifts in the real estate market, you need to maximize every opportunity you have with Alternative...

Learn WHY it’s Important to Know and Educate Buyers and Sellers, WHAT it is and HOW it works. Avoid Price Reductions & Give Your Buyer Access to Below Market Wholesale Rates With rates going up more sellers are dropping their prices. Don’t let your seller make...

The real estate market is cooling fast! It has been a sellers’ market for a long time. This is when there are a lot of buyers competing for the same house of course, which drives values up. People are bidding and over bidding, especially in areas like California and...

With mortgage interest rates spiking as fast as they did earlier this year, there has been a dramatic shift in the housing market and a lot of sellers are facing price reductions. A great strategy to avoid a price reduction is the seller buydown. How this works is...

The 7/6 ARM is becoming increasingly popular since rates have ticked up. Here are some basics you should know before signing off in a 7/6 ARM. https://www.youtube.com/watch?v=haum2VJg9kc 1. The Adjustable Rate Change After Fixed Period Since the initial interest rate...

https://youtu.be/Gna924dUeGk Inflation is the big buzz word in 2022 and how quickly times have changes in the mortgage world. We are seeing huge lender like Rocket and Better.com with tremendous layoffs with the new frontier we enter now that rates are up a good...

https://www.youtube.com/watch?v=HWgymB_88Sk As news of the Ukrainian-Russian conflict continues to shock the world, domestic borrowers and investors alike have grown rapidly concerned with the macroeconomic impact the war might have on the U.S. housing market. Before...

A home equity line of credit, or HELOC, is a second mortgage that gives you access to cash based on the value of your home. You can draw from a home equity line of credit and repay all or some of it monthly, somewhat like a credit card. With a HELOC, you borrow...

As I write this, I have been a mortgage originator for 21 years now and yes it has been a wild ride, but I have to say overall, it has been a blast! In 2021 I finally opened Fresh Home Loan Inc., “Independent Mortgage Brokers that Work for the People” ™....

2021 has been a banner year for housing, fueled by record low interest rates, strong demand, and a low supply of homes.   https://youtu.be/JFsZ0419iQs You may be wondering if you are late to the party, or if it’s still a good time to purchase.  Experts...

The FHFA announced some pretty dramatic fee increases for high balance and second home financing. They are implementing loan-level price adjustments on April 1st, 2022 that affect home buyers and homeowners in high-cost areas like the San Francisco Bay Area and people...

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https://youtu.be/p7JxPWV6uH0 Mortgage Review- Putting your home equity to work for you.  While there may be signs of the real estate slowing down in certain areas that is not the case here in the Bay Area, we are still seeing multiple offers.  I saw a house...

Are you looking online for a Revere Mortgage Calculator to find out how much you or a loved one might qualify for?  Well, the truth is the answer is pretty easy to get, all you need is a: Property Address Date of Birth And we can run different scenarios for you with...

What is the Annual Percentage Rate (APR) and Why is it Flawed? An annual percentage rate (APR) reflects the mortgage interest rate plus other charges. There are many costs associated with taking out a mortgage. -These include:  ♣ The interest rate  ♣ Points  ♣ Fees  ♣...

On July 16th, 2021 the FHFA announced they are removing something we complained about in August – the FHFA adverse Market fee. Basically, a 50 basis point charge, that was announced out of the blue last summer, to consumers looking to refinance when we were...

Why NOW May be the Time to Lock in that Mortgage Rate…We have seen mortgage rates rally pretty big time over the past few weeks, AND, we have also seen a lot of talk about the feds tapering mortgage-backed securities. Federal Reserve Bank of Dallas President Robert...

The Fed finally Acknowledging inflation after being very transitory and admitting we are going to see inflation around 3.4% towards the end of the year.

The mortgage business while extremely busy right now is full of challenges.  Take on those, open a mortgage brokerage with a reverse mortgage division, and write a book and you have my start to 2021 dialed in! I am very proud to announce I wrote a book Home...

Between an aging appraiser society, Shelter in Place, and low interest rates appraisals can arguably be the biggest challenge today when buying or refinancing a home. We are seeing extremely long turn times, rising costs and with the bidding wards going on, they are...

https://www.youtube.com/watch?v=LfviqfD_9T0&feature=youtu.be The Wholesale Mortgage World was turned upside down on March 5th when President and CEO of UWM Mat Ishbia the largest wholesale lender in America went on Facebook and told the Mortgage broker world if...

Another 2021 Shocker in the Mortgage World announced on March 10 2021. Second homes and investment properties will be taking a HUGE hit! https://www.youtube.com/watch?v=2HSTGfemXSE Fannie Mae came out with an announcement on March 10, 2021 stating: Recent amendments...

  Fresh Home Loan Changing the Game for Agents and Home Buyers  Never before has a pre-approval letter been so important.  Not only do you need one to write offers but more often than not, you need one just to get into a home. It can be a hassle to have...

The conforming 30 year fixed mortgage rates are going up probably going to level off between 3.25 and 3.75 which is a big jump from the mid 2’s we saw just a few weeks ago and everybody wants to know why? The short answer? The economy is improving, and rates go down...

G.O.S.P.A is a strategy planning technique I was turned on by an industry friend and I thought it was a really great concept. G.O.S.P.A. is an acronym and it refers to Goals, Objectives, Strategies, Plans/ Priorities, and Actions. [yotuwp type="videos"...

United Wholesale Mortgage released some data recently looking at the current industry challenges and a comparison of retail and wholesale originations. Industry turn-times are the...

https://youtu.be/28uVhAOlGr8 Today we’re talking to David Schute with Home Appraisal Valuations Appraisal Management Company. David discusses the climate with appraising properties during a global pandemic and some of the challenges appraisers and the real estate...

https://youtu.be/dob2jknmQbY Today we are here with Coree Cameron Cameron CCK Corp https://cckcorp.com/ talking about the IRS and what is going on during the shutdown.

https://www.youtube.com/watch?v=qf_yRgaQDaE Are you a REALTOR® looking to explode your business for the rest of 2020? We have an exclusive program for conventional home buyers called Conquest! This is a conventional loan program that has rates in the 2’s! This is a...

https://youtu.be/mV8c0RqR1VY While we are slowly opening up business as a country obviously a lot of changes are happening. Real Estate Agents and Home sellers can once again show open homes but you must have a Coronavirus Property Entry and Advisory Declaration or...

https://youtu.be/MqwUCBbj9kE This was an event I was honored to be a part of at the end of March when Social in Place first came out. Matt Leighton is an agent out of Arlington, Virginia. Matt discussed the opportunity of video during the Lockdown.

https://www.youtube.com/watch?v=L9gezgXINI0&feature=youtu.be This was an event I was honored to be a part of at the end of March when Social in Place first came out. Kevin Kauffman is a Nationally Recognized Agent with a huge team of agents in multiple states. He...

https://www.youtube.com/watch?v=3k6dwe4yN1s&feature=youtu.be This was an event I was honored to be a part of at the end of March when Social in Place first came out. Here Norman Kinsey III interviews #Fastagent Kenny Truong. An Oakland top producing agent, team...

https://www.youtube.com/watch?v=E-gBums1dHk There is a lot of misconception about credit repair and credit scoring out there.  As a mortgage broker we see and hear a lot of things. We are also solicited to constantly by credit repair people. Today we are talking...

https://www.youtube.com/watch?v=VgDKjVmjKsA&feature=youtu.be First and Foremost, as you are reading this, I hope you and yours are safe and healthy! With the Shelter in Place now in full swing, employment on the rise and an untold number of mortgage forbearances...

https://www.youtube.com/watch?v=aSBvaofITeI&feature=emb_title The Fresh Home Loan Digital 411 with Garrick Werdmuller talking about Forbearance is not Forgiveness. There is a lot of confusing information out there about mortgage forbearance.This is the Digital 411...

https://www.youtube.com/watch?v=h9boawqyC2c&feature=emb_title The Fresh Home Loan Digital 411 with Rene Rodriquez and Garrick Werdmuller talking about Time vs Life. What does time mean? Time is one of those things that's very hard to measure. Rene explains how he...