Have you written offer after offer and can't get anything accepted? Are you frustrated by this crazy market. Then you need to watch this video to find out how my Realtor Partners ALWAYS get their offers accepted. Yeah I said it, not sometimes, not most of the time - ALL of the time. In Mortgage News the MI is now a little bit higher on the FHA loans, however it's not so much that FHA is not a stellar benefit to most borrowers. Highly qualified buyers can sometimes benefit from a 5% or even 3% Conventional loan as an alternative to the high monthly mortgage insurance.
Rates were good this week and although rates are trending upward since January, we have been having improvements the last couple of weeks and have locked some pretty good rates. Examples; 3.50% FHA 30 year fixed, No Points, 700 fico, and we gave a 2% Closing Cost Credit!! 3.75% Conventional No Cost purchase (No Points, No Lender Fees), 208k loan amount 20% down, 750 Fico 3.50% 640 Fico 350k Loan Amount, No Points - other lender couldn' t do loan at all. 3.25 FHA 30 year fixed (locked today), 260k Loan Amount, 650 Fico, 0 Points and gave a $2200 closing cost credit WOWWWW If you have any files that the clients have jobs but your lender (or their bank) declined your client we would love to take a 2nd look for you and get you your commission and make your client super happy! Sincerely, Teresa CORP DRE #01889552 DRE # 01269949 CORP NMLS #390767 NMLS # 267236
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