“Detroit Lions safety Glover Quin lives in a suburb of Houston. Last weekend, he saw first-hand the devastation Hurricane Harvey brought to that part of Texas. And now, he’s trying to help.
Earlier this year, I came across an article in USA today that was written by financial advisor, Jim Wang who has also had articles appear in Business Week, New York Times, and various other media and radio outlets. I felt this article was a quick read, and a great way for a first time home buyer to prepare themselves to enter the housing market and wanted to share it:
One topic of conversation that keeps some of us in touch is regarding the changes to your monthly payment from year-to-year. Since you have financed through me, I know that you have a Low Fixed Rate of Interest. Yet, for many of you, your payment changes every year … So, what gives?
Did you know that Fannie Mae now allows for “Non-Occupant Borrowers” to be added to mortgage application as a means to assist the “Occupant Borrower” to Qualify?
This past May, I was blessed enough to have celebrated 30 years of Mortgage Lending. Throughout my career, I have found that providing the following advantages to my clients as being instrumental in assisting them in achieving their Home Buying goals.
As your loan officer, I know that many of you have 30 year fixed rate mortgages so low, that it probably isn’t worth refinancing – even to a 15 year term. However, depending on the time you bought (or last refinanced), and how much mortgage insurance you might be paying, you could save a significant amount in monthly finance charges by refinancing to a 15 year fixed (not to mention tens of thousands of dollars over the life of your loan).
Whether you will be making an offer on a home this weekend, or later this year, being well prepared and educated when entering the housing market is very important. The same is true when preparing to apply for mortgage financing. There are many things that you can do in preparation to make the mortgage process much smoother, faster and even more cost effective.
he Federal Funds Rate has recently been increased to 1.00%, and the Federal Reserve is on record that it expects to raise the rate twice more in 2017. But should the prospect of future, anticipated Fed Rate hikes hold you back from planning to Sell your current home in order to move up to your next home?
Dear Friends – If you’re a Seller, or plan to sell your home in the near future, kudos to you! On the other hand, if you, or someone you know, is currently looking to purchase a home in West Michigan, then you know how challenging the market is for a Buyer.
This year we sent out 94 – $10 Subway Gift Cards to our past and present customers, and Realtor clients.