How can you get an appraisal waiver?
Tag: #realestate
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REVERSE OR FORWARD MORTGAGE?
What is the difference between forward and reverse mortgage? Reverse mortgage, money is borrowed, the loan is secured by your home, but you don’t have to pay it back with money out of your pocket. The loan is paid by the equity in your home; the mortgage balance increases over time. One way to understand...
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DEFINE FORBEARANCE
Due to the pandemic, many homeowners are struggling with making their mortgage payments. Forbearance may be an option for them. What is forbearance? Here is an article that gives you what you need to know regarding forbearance: We offer a variety of products and services, ask us how we can assist you today: Counsel...
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LOANS FOR INVESTMENT PROPERTIES
Are you interested in investment properties but do not have the capital to invest? Do you wonder how much money is needed? What if you cannot qualify? There are a few steps to take to get started. To see what the requirements are for investment property loans, We are a mortgage brokerage. Our skilled originators...
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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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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...
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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...