Tag: <span>#counselmortgage</span>

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THINK TWICE BEFORE COMMITTING FRAUD

DO NOT COMMIT FRAUD. When you are purchasing an investment property, apply for an investment property loan. Do not purchase an investment property and apply for a second home loan for the sole purpose of getting a lower interest rate. To do this would be mortgage fraud.   Here are a few examples of how...

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HOMEOWNERSHIP, HOW DO I GET STARTED?

Are you contemplating homeownership? Are you wondering how to begin the process? Here some steps to get started: • First and foremost, check your credit. It’s best to know your score in advance to get a good loan. Student loans, car loans, and credit cards are all items that are considered in determining your credit...

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CONTACT US, WE CAN HELP

Do you have questions about refinancing? We provide counsel to help you find the right mortgage. We are a mortgage broker, and search wholesale lenders to find the best rate and costs. We broker in both Arizona and California. Contact us, we can help! We offer a variety of products and services, ask us how...

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WHAT ARE THE ADVANTAGES OF WORKING WITH A MORTGAGE BROKER?

One advantage of working with a mortgage broker instead of a banker is the lender credit. The lender credit is a credit towards closing costs. This credit represents the excess premium from the lender after paying the broker’s commission. Brokers get paid a fixed percentage of the loan amount from the lender for each transaction....

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LENDERS RE-THINKING ASSUMPTIONS AS PANDEMIC CONTINUES

Now in mid-stream of the pandemic, commercial lenders are looking primarily at industrial, multifamily and selected office deals. But beyond that, other asset classes are drawing lesser interest, even though in some cases lenders are willing to stretch their comfort level. Some pandemic-driven re-purposing properties are being seen like life sciences conversion projects in nontraditional...

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ENTER YOUR ZIP CODE

  Did you know there are housing counselors available to assist you, nationwide, based on zip code?   Housing counselors are a great resource for advice and guidance for homeowners, home buyers, renting, credit concerns etc.   Click link to locate a counselor in your area https://www.consumerfinance.gov/find-a-housing-counselor/?zipcode   We offer a variety of products and...

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MORTGAGE PAYMENT POSTPONEMENT

Many homeowners have been affected by the pandemic and some are struggling to make their mortgage payments. There are many resources and programs to assist homeowners in need. Here’s a great resource https://www.consumerfinance.gov/…/mortgage-and-housing…/ Check out this quick video for steps on mortgage forbearance due to coronavirus https://www.youtube.com/watch?v=0UzmTxYmw94 We welcome you to contact us at Counsel...

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WHY BORROW AT A HIGHER RATE OR COST

  If borrowing money at the lowest rate and cost is most sensible why do many people continue to borrow mortgage loans at higher rates and costs?  It is possible they did not consult with a mortgage broker.   Mortgage brokers work with lenders in the wholesale marketplace and pass on these rates and costs...

CAN YOU FINANCE A HOME WITHOUT A JOB?
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CAN YOU FINANCE A HOME WITHOUT A JOB?

  Were you in the process of financing a home and now you’ve found yourself without a job? Is that a problem? Many have been temporarily laid-off due to current times but there are other forms of compensation you may not have considered.   Here are some forms of compensation that are acceptable to apply...

NOW’S THE OPTIMUM TIME TO BUY OR REFINANCE
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NOW’S THE OPTIMUM TIME TO BUY OR REFINANCE

Rates are low. and rates are subject to change. Now is a good time to buy or refinance.   We are a mortgage broker and offer wholesale rates and costs in Arizona and California. We originate both residential and commercial loans.    Contact Counsel Mortgage Group, we can help you!   We offer a variety...