Is a Newly Built Home the Right Choice for You? Weighing the Pros and Cons
If you’re in the market for a home, don’t overlook the possibility of buying new construction. With an increase in newly built homes available, you have more choices than usual—and that comes with some pretty compelling advantages. Before making your decision, it’s important to weigh both the benefits and potential drawbacks of a brand-new home. […]
Musk’s DOGE sets its sights on the Federal Reserve
Fed investigation would mark fresh escalation by DOGE Musk, who was tapped by Trump to helm his administration’s efforts to trim government fat in January, has introduced sweeping cuts across a host of federal agencies, including key mortgage industry regulator the Consumer Financial Protection Bureau (CFPB). Efforts to gut the CFPB by laying off nearly […]
Bank Statement HELOC – MortgageDepot
Looking to access the equity in your home without impacting your low-rate first mortgage? Our Bank Statement HELOC is the perfect solution. Whether you’re self-employed or facing difficulty with traditional loan requirements, this flexible option allows you to qualify using just 12 months of personal or business bank statements—no tax returns required. Key Features: Stand-alone […]
Are Trade Deals Good for Mortgage Rates? Here’s What You Need to Know
If you’ve been watching mortgage rates lately, you may have noticed some rollercoaster-like movement — especially since the announcement of the latest round of tariffs. But there’s one question a lot of homebuyers and homeowners are asking: 👉 Can trade deals actually help lower mortgage rates? Let’s unpack what’s going on. 📉 What’s Been Happening […]
ARM borrowers weigh up difficult decisions as rate adjustments loom
“Most clients we are seeing go into their fully adjustable rate also have rate caps to protect them,” Younathan told Mortgage Professional America. “So, if a client had a 2.875% five-year ARM come adjustable, our rate cap is a 2/2/6, meaning 2% first year, 2% every year thereafter, and a lifetime cap of 6%, and […]
New York Fix And Flip Loans
We’re experts in Fix and Flip loans, providing real estate investors the short-term financing they need to purchase, rehab, and sell properties for profit. Whether you’re a seasoned flipper or a first-time investor, our streamlined process and flexible terms make it easier to succeed in New York’s competitive real estate market. We offer quick closings, no application fees, […]
How to guide clients in paying off mortgage early
1. Free up cash Obviously, if your clients choose to pay off their home loan early, it’ll free up a lot of money for them. Without the monthly mortgage payments, they’ll have more disposable income. This extra money can be redirected into home improvement. It can also be used for other investments that might offer […]
101.5% CLTV Down Payment Assistance: A New Opportunity For Home Buyers
Purchasing a home just became more achievable with this program. It offers flexible financing options and down payment assistance to support your homeownership goals. With minimal upfront costs and competitive requirements, this program makes owning a home more accessible. Program Highlights: 101.5% CLTV – Includes 96.5% First Mortgage and 5% Down Payment Assistance (DPA). 5% […]
How to maximize commercial mortgages for home buyers, sellers, and investors
Commercial mortgages are loans used to buy or refinance properties that are intended for business use. Some examples include: warehouses retail stores office buildings apartment buildings restaurants and cafes industrial facilities and factories Unlike residential mortgages which help homebuyers, commercial mortgages focus on properties that generate income. Banks […]
New York DSCR Loans – MortgageDepot
We specialize in helping real estate investors finance investment properties in the competitive New York real estate market with our DSCR (Debt Service Coverage Ratio) loans. With years of experience offering DSCR loans in New York, we’ve helped countless investors, including first-timers. Whether you want to purchase a rental property or refinance an existing one, our […]