I wanted to go over the number one benefit of working with a mortgage broker like myself, and that's that we'll only have to do one credit check and I can look at various lenders and their terms. Instead of you having to go to a bunch of lenders and banks and have your credit ran multiple times, I only have to do it once. I can also do a soft credit check and check out your credit and give you the , estimated payments and everything like that. So if you guys have any questions, please feel free to let me know.

Don’t Forget About Closing Costs When Buying a Home.

If you’re planning to buy a home, make sure you budget for closing costs. These can vary depending on where you’re buying, local taxes, and even the day of the month you close.

Some common closing costs include:

• Underwriting or lender fees

• Title insurance

• Recording and tax fees

• Prepaid insurance, taxes, and interest

• Escrow for insurance and taxes (if you’re escrowing)

• Attorney fees, depending on your location

If you have any questions about what to expect, feel free to reach out. Have a great week!

If you're in the market right now to buy a home and you're getting pre-approved, the lender's going to look at something called your debt-to-income ratio, and this is basically your total debt over your gross income. So they're going to look at your monthly liabilities, like if you have student loan debt, if you have car payments, other installment debts, minimum credit card payments, and also the expected housing payment of the home you're looking to purchase. This will all be accounted for in your total debt, and they'll put that over your gross income to see what you qualify for. So if you have any questions, just feel free to reach out. Have a great week.

There are a few reasons why refinancing your property may make sense, aside from reducing your interest rate, uh, such as consolidating any high-interest debt you have, like credit cards or a private installment loan. Also, you may be able to reduce your mortgage insurance or get rid of your mortgage insurance. So these are just a few ways, refinancing can benefit you. So , give me a call if you have any questions.

So if you're buying a home and you get your loan into processing, you're going to need to get property or home insurance. So this insurance covers any property or loss damages to your home, but you have to look at what's covered under your policy. So if you have any questions, you need help getting connected with a home insurance agent, feel free to reach out to me.

Quick update for my investors out there. So I work with various lenders as a mortgage broker, and I have a lender that offers a DSCR product, which is a debt service coverage ratio loan that allows you to put 20% down on a multifamily property. You're going to need a minimum credit score of 700. You're going to need minimum three months reserves, and the DSCR ratio has to be one or greater. So these requirements may change over time, so feel free to reach out to me to learn more, and have a great week.

So if you are buying a home with a mortgage and you're doing a 30-year fixed term, you have other options like 25-year, 20, 15-year. You just have to make sure you can afford that monthly payment because as the term goes lower, your monthly payment goes higher. So if you guys have any questions, feel free to reach out to

My team and I recently got two files cleared to close, one of them in under nine business days, the other one in under seven business days. How I'm able to do that is by getting everything done upfront. My pre-approvals are golden. I get all the documents, I get everything submitted into underwriting. We get those mortgage commitment letters sent to the attorneys, and we get these filed clear to close on time. Not only are we getting them closed on time, but you can also close earlier if you want to. So please feel free to reach out to me and have a good one.

If you're looking for homes right now or your clients are looking for homes right now, I highly suggest you click the link in my bio, fill out the application. Because you may be trying to get an idea of what these monthly payments look like by looking up online mortgage calculators or wherever it may be. But I will get you accurate pricing and let you know what these monthly payments look like from real banks, and also the closing costs. So feel free to reach out to me. If you have questions, let me know. Have a good one.