Multiply

FED CUTS RATES 50bps Mortgage rates have been trending down in recent months in anticipation of this week's FOMC. However, the first interest rate cut since March 2020 came in higher than anticipated at 50bps (vs 25bps) so we may see a further decrease in mortgage interest rates in the comings days and weeks. Our mortgage advisors are available to assist if you want to learn more about how this could help a new home purchase or refinance.

🌟 Welcome to the Team, Scott Kagi! 🌟 We’re thrilled to announce that Scott Kagi has joined our team as our newest Loan Officer! 🎉 Scott brings a wealth of experience and a passion for helping clients achieve their homeownership dreams. With his deep industry knowledge and dedication to exceptional service, we’re confident he’ll be a fantastic addition to our team. Welcome aboard, Scott! 🏡💼🚀 #NewTeamMember #Welcome #LoanOfficer #MortgageIndustry #TeamGrowth #HomeLoans

🍷 Team Bonding in Sonoma: Our First Group Outing Together! 🌟 We recently had an amazing team-building experience in the picturesque Sonoma Valley, where we enjoyed a delightful afternoon of lunch and wine tasting! 🍇🍷 This was our first time getting the whole team together outside of the office, and it was a fantastic opportunity to connect on a personal level, celebrate our collective achievements, and have some fun. Every moment was filled with laughter, great conversations, and a sense of camaraderie. A special thank you to Farnoush Saffarpour for making this outing memorable. Here’s to more team-building adventures and shared experiences! 🚀🥂 #TeamBuilding #Sonoma #WineTasting #TeamOuting #WorkCulture #TeamBonding

🚀 #MortgageMonday Buying Your First Home? Here Are 5 Key Tips from Sara McDonnell, our top producer! 🏠💡 Embarking on the journey to homeownership is exciting, but it can also be overwhelming—especially if it’s your first time. To help you navigate this process smoothly, here are five crucial things you should know before applying for a mortgage: 1. Understand Your Credit Score: Your credit score is one of the most important factors lenders consider. Check your score and take steps to improve it if necessary. A higher score may help secure a better interest rate and more favorable loan terms. 📈🔍 2. Know Your Budget: Determine how much you can comfortably afford by calculating your monthly income, expenses, and how much you’re willing to put down as a down payment. The pre-approval process or online calculators can help. 💰📝 3. Get Pre-Approved: Before you start house hunting, getting pre-approved for a mortgage can give you a clearer picture of how much you can borrow and strengthen your position with sellers. 🏡✅ 4. Understand Different Mortgage Types: Familiarize yourself with the different types of mortgages available, such as fixed-rate and adjustable-rate mortgages. Each has its pros and cons and a reputable mortgage provider can help identify what works best for your financial situation. 🔑📚 5. Prepare for Additional Costs: Beyond the down payment, be prepared for other costs such as closing fees, home inspections, and potential repairs. Budget for these additional expenses to avoid surprises. 💼🔨 Taking these steps will set you up for a smoother mortgage application process and a successful home purchase. If you have any questions or need personalized advice, feel free to reach out! 🏠💬 #FirstTimeHomeBuyer #MortgageEducation #HomeBuyingTips #MortgageAdvice #RealEstate #HomeOwnership

We’re grateful for the kind words from Jonathan N! His positive feedback motivates us to continue delivering exceptional service. 🌟🙌 "Sara was an absolute pleasure to work with, going above and beyond to proactively ensure every step of the process was handled in an efficient and simple way to get us our loan for our new home in a tight timeline!" #ClientFeedback #MortgageSuccess

Multipliers have been busy with a few recent golf adventures: 1. Boone Heart Institute Charity Fundraiser:    We were thrilled to support the Boone Heart Institute at their annual golf fundraiser supporting the Every Heart Foundation. It was a fantastic day of golf, camaraderie, and making a meaningful impact on heart health in our community. ❤️🏌️♂️ 2. Financial Planning Association of Colorado Golf Tournament:    Joining the Financial Planning Association of Colorado for their golf tournament was a great opportunity to network with financial planning professionals. 💼⛳️ 3. Our FAMP (Florida Association of Mortgage Professionals) Golf Tournament:    The Florida Association of Mortgage Professionals hosted an exceptional tournament at the Waldorf Astoria Orlando, bringing together mortgage loan officers and other industry leaders. It was a day full of great golf and engaging discussions with peers. 🏡🏌️♀️ A big thank you to all the organizers and participants who made these events special. Looking forward to many more days on the course and opportunities to connect! 🌟 #BooneHeartInstitute #Charity #CommunitySupport #MortgageIndustry 

Recent signals from the Federal Reserve suggest a possible interest rate cut as early as September. Here’s what you need to know: • Current Status: The Fed has maintained its benchmark rate between 5.25% and 5.50% but has softened its stance on inflation. • Fed’s Outlook: Chair Jerome Powell indicated that if economic data aligns with expectations, a rate reduction could be on the table. The Fed's focus remains on economic data rather than political factors. • Market Reactions: Investors are increasingly optimistic, with heightened expectations for a rate cut in September. This could mean more favorable conditions for borrowing and home mortgages. With Multiply, you don’t have to wait until September. We provide access to rates that are lower than conventionally available retail rates* today and everyday! 📉🏡 #InterestRates #MortgageNews #FederalReserve #RateCut #HomeBuying #EconomicUpdate *Disclaimer: The information provided here is based on current data and projections, which are subject to change. This content is for general informational purposes only and should not be considered as financial advice. Please consult with a financial advisor for guidance tailored to your specific situation.

Exciting news! After witnessing the demand for our liquidity product in financing home purchases, we've now expanded into mortgages! With Multiply Mortgage, we provide access to rates that are 0.50% - 0.75% below current retail interest rates, enabling you to afford a larger home purchase or reduce monthly payments when refinancing. Ready to explore how these rates can work for you? Our team has over 30 years of experience in the mortgage industry, check us out today to discover the possibilities. #Homeownership #MortgageRates #FinancialPlanning #RealEstate #PersonalFinance #HomeBuying

We're #hiring our next Software Engineer to join our founding engineering team. This is a great opportunity to make an impact and work in an emerging fintech space. We’re a highly collaborative team, who leaves our egos at the door and gets things done. If this sounds like you, please apply below or reach out to stephanie@withmultiply.com. We look forward to hearing from you!

🚨 Full-time opportunity: One of our clients is looking for a Head of Growth to lead their GTM efforts. Full deets below 👇