December 29th, 2015 by admin
Posted in 5% down, avoid PMI, Charleston Mortgage Broker, charleston mortgage brokergreenville mortgage broker, charleston mortgages, coastlend mortgage, conventional loan, first time buyer, No Down payment, NO MI, NO PMI |
Tags: 3%down, coastlendmortgage, credit, fha loans, firsttimebuyers, homebuyers, housingmarket, loans, mortgage, NOPMI, Realestate, USDAloans
Great milestones are accomplished through preparation, hard work, and determination. For most, one of the great milestones in life is buying a house. However there are many who never accomplish this goal because the feat seems out of their reach. Too high a hill to climb. When in reality it’s as easy to buy a home…
December 9th, 2015 by admin
Posted in Interest Rates |
Tags: charleston mortgage, down payments, housing, interestrates, mortgage
As interest rates begin to rise buyers in the lose purchasing power. Simply stated, for every 1% interest rates rise, a buyer will lose 10% purchasing power. So with a rate of 4.25% on a 200,000 loan, the payment would be $983/month. When, not if, interest rates rise to 5.25% a buyer would have to…
April 30th, 2014 by admin
Posted in 1 million homes, Cost vs Price, dti, high priced homes, highdti, Interest Rates, Jumbo, jumbo loans, Mortgage Interest Rate Deduction, Private Mortgage Insurance, Real Estate, Uncategorized, VA loans |
Tags: best rates, debt to income, dti, high dti, high priced homes, interest only, interest only mortgage, jumbo, jumbo homes, jumbo loan, jumbo loans, jumbo rates, loan, lowest rates, mansions, mortgage
Qualify More Buyers for High Priced Homes: Jumbo loans are back and we can go as high as 49% on buyer’s debt to income ratios. That’s almost 10% above traditional banks. What does this mean for your clients? You should be able to qualify more because the income requirements just got relaxed. if you had…