cdecandia

Temporary Interest Rate Buydowns- What they are and why they are beneficial

There are two types of buydown programs: temporary and permanent. A permanent buydown is where the borrower or seller pays discount points to the lender to have a lower interest rate for the term of the loan. Often a permanent buydown does not make f... Read >

Interest Rate Shopping? How to choose a lender

Whenever I speak with a new client, I try to always ask them what is important to them in choosing a mortgage lender to work with. 10 times out of 10, they say the lowest interest rate and the lowest cost is the most important. Obviously, a low interest r... Read >

No Closing Cost Mortgages- Are They Really No Cost?

I’m sure you’ve heard the sayings: “If it seems too good to be true, it probably is", and “Nothing in life is free". So, how can a no closing cost loan really be no cost? There’s got to be some costs hidden somewhere, no? I have two goals I’d like t... Read >