Looking to buy a new home but struggling with down payment or closing costs? You're not alone. Luckily, there's a solution: Freddie Mac BorrowSmart®. https://lnkd.in/eBn39reY #Newrez #Mortgage #Homeowner #AffordableLending
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Did you know you could pull money out of your home equity and not pay a monthly mortgage on it? I'm referring to a Reverse Mortgage, which is typically only available to senior citizens & homeowners. The reality is obviously different as you have to ensure you pass through your lender's criteria, but it's a good way to tap into your built up equity without worrying about a monthly cash strain. Read more about it in my blog post here: https://lnkd.in/gt5DsZju I ANSWER ALL CALLs/DMs/COMMENTs/TEXTs/EMAILs 📲929-349-8042 📧Mo@ClosedByMo.com IG/TikTok/YT/FB/LI @ClosedByMo #ClosedByMo #NYCRealEstate #ResidentialRealEstate #CommercialBroker #RealEstateInvesting #CashFlowKing #NYCREInvesting #HouseHack #BiggerPockets #IBUYANDSELLREALESTATE #NYCHistory #RealEstateInvesting #NYCRentals #RealEstateTips #NYRealEstate
Reverse Mortgages: A Guide for Homeowners
closedbymo.com
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This is a common question I get: how can I help a child or parent purchase a home? There are various strategies to ensure you’re both protected and helping.
Buying a home is becoming increasingly challenging, especially for younger generations who may struggle to come up with a down payment or qualify for a mortgage. That’s where parents and grandparents can sometimes step in – with caution.
Helping a loved one buy a home? Review strategies and risks
raymondjames.com
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With a little creativity and planning, you may be able to buy a home with a low- or even no-down-payment mortgage; here’s how 👇 https://lnkd.in/en2FrtBF #Newrez #Mortgage #Homeowner #AffordableLending #DownPayment
Buying a Home With a Low Down Payment
newrez.com
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Guild Mortgage Senior Loan Officer offering great customer service navigating the residential home mortgage lending options and process. NMLS ID #2227302
The Freddie Mac BorrowSmart program is designed for low- to moderate-income borrowers and offers up to $1,500 in down payment and/or closing cost assistance, based on eligibility criteria. The best part is that the funds homebuyers receive from BorrowSmart are not in the form of a loan, so you won't have to worry about paying it back. (It’s not too good to be true!) If you qualify for a Freddie Mac Home Possible® or Freddie Mac HomeOne® mortgage and have enough cash for a 3% down payment, you could be eligible for assistance. Read this article for more information, and then contact me to see if you qualify! https://lnkd.in/eCEYAh-a #mortgagelender #homebuyer #homebuyingtips #richmondrealestate #virginiarealestate #mortgagetips #downpaymentassistance
What is the Freddie Mac BorrowSmart Program?
newrez.com
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Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly. But putting too much down could leave you without enough cash for home maintenance or an emergency. How can you find a good balance? Service You Deserve with People You Trust #LyndseySellsHomes #LyndseySellsDSM #DesMoinesIA #Iowa #HomeBuyers #HomeSellers #UrbandaleIA #RealEstate #Home #GuardianRealEstateGroupLLC
Make a Home Down Payment Without Wrecking Your Finances
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SPCPs can be an effective way to help people who historically have not been able to qualify for a mortgage, such as homebuyers with lower credit scores, limited credit histories, or homebuyers who live in low-income communities. https://lnkd.in/eNsYWDTx #Newrez #Mortgage #Homeowner #AffordableLending #SPCPS
Understanding Special Purpose Credit Programs: Empowering Homebuyers to Reach Financial Success
newrez.com
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NOW IS THE TIME TO BUY! Here's why: In November, mortgage rates experienced a significant decline, prompting personal finance expert, Dave Ramsey, to suggest that it might be an opportune time to consider buying a house. However, readiness is crucial and not a one-size-fits-all scenario. Ramsey advises prospective homebuyers to prioritize financial and emotional preparedness, cautioning that an unprepared purchase can turn a home into a financial burden. To ensure readiness, Ramsey recommends eliminating all debts and establishing a 3–6 month emergency fund. He underscores the importance of a substantial down payment, ideally 20%, to avoid private mortgage insurance. Contact me for more information and I'll be honored to help you begin your home buying journey!! Info:
Dave Ramsey says it's time to buy a house; mortgage rates decline
thestreet.com
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Are you wondering whether or not a reverse mortgage will work for you and your family? Check out this insightful article, and DM me for more support 🏠✨📱🏠!
Reverse Mortgages: Pros and Cons
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Thursday Talking Points 🏡🔍 Homeowners, listen up! 📣 Are you contemplating the idea of a reverse mortgage? 🤔✨ Before you take the plunge, let's dive into the world of reverse mortgages together, exploring their pros and cons! ⚖️💼 check this out! #mortgage#reverse#sellers
Reverse Mortgages: Pros and Cons
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For many, the dream of owning a home stands as a pinnacle achievement, a symbol of stability, security, and a place to call one's own. Yet, for our nation's veterans, transitioning from service to civilian life and stepping into homeownership might seem daunting. Enter the VA Home Loan, a powerful tool designed to transform these dreams into reality and honor the service of our veterans. #actionmortgageofmi #actionmortgagemi #homebuyers #homesellers #homeowner #homeownership #realestate #mortgage #mortgages #mortgagebroker #homeloans #downpayment #preapproval #creditscore #realestate #oaklandcountyrealestate #oaklandcountymichigan #clarkstonmi #takeaction
VA Home Loans: The Path to Achieving Homeownership Dreams
actionmortgagemi.com
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