3% Realty Pmg

09/14/2024

We are growing again!

Pmg Worldwide is hiring. If you are looking for a new home please check us out. We offer so many programs and are able to meet the needs of those looking to purchase or refinance. We are licensed in several states and would love to have you on our team. Experienced and newbies welcome! If you know of anyone please share!

PMG Worldwide 704.401.5288
Send your resume to [email protected]

08/30/2024

Current rates before Labor Day:

Conventional 30 year- 5.875% no discount points
FHA 30 year- 5.25% no discount points
VA 30 year - 5.25% no discount points
USDA 30 year 5.25% no discount points

Commercial rates 6.25% (income qualifying)

***Rates can go lower if willing to cover discounts points for traditional mortgage loans.

Lets talk!!

Got questions?
Book a discovery call: https://calendly.com/pmgworldwideinc

Want to apply?
pmgworldwideinc.com/tomeka

**pricing/rate/fees are subject to change, APR figures are not included.
2027614 NMLS PMG

08/13/2024

Listen! (ya'll listening?)

PMG Worldwide got everything you need:

Up to $10MM
​Minimum FICO 620
12 or 24 month Bank Statements up to 85% LTV
Full doc up to $10MM
Assets only and 60 months Asset Allowance
1-Yr Full Doc option
Exclude the departing residence from DTI

Call for details 704-401-5288

Or apply at pmgworldwideinc.com/tomeka

07/15/2024

Bring your kids and grandkids!! Come out to support the authors and vendors on August 3rd. This is a free event but you must have a ticket.

Get their tickets:

bit.ly/TICKETSBGBBKRCFAYETTEVILLE

If you can't make but would like to support this event please share, share, share!

07/12/2024

Real estate agents, let's work together on lead generation. If you're committed to your craft and interested in partnering, I'd love to hear from you.
Say hello.

05/01/2024

Oh sorry just me?...

03/21/2024

Click the link and register before the seats fill up! 2024 is the year to soar (in my Real Talk Kim voice) dont get behind let's talk about how real estate is the key to building a strong net worth! So excited to see you there!

https://us06web.zoom.us/meeting/register/tZIucOmsrz0sH9Bm5Qd2589qwpNwkKds_8qx

02/03/2024

Unlock Lower Rates: Top Strategies to Reduce Your Mortgage
For many aspiring homeowners or those looking to refinance, the dream of securing a lower interest rate on their mortgage is a powerful motivator. A lower interest rate not only translates to immediate savings but can significantly impact the overall cost of homeownership. In this blog, we’ll explore valuable tips and strategies to help you score that coveted lower interest rate on your mortgage.

Boost Your Credit Score: A higher credit score is a key factor in determining your mortgage interest rate. Before applying for a mortgage, review your credit report, address any discrepancies, and work on improving your credit score. Paying down outstanding debts and making timely payments can contribute to a healthier credit profile.

Save for a Larger Down Payment: A substantial down payment demonstrates financial stability and reduces the lender’s risk, often leading to a lower interest rate. Aim to save at least 20% of the home’s purchase price, although some lenders may offer favorable rates for down payments as low as 10%.

Shop Around for the Best Rates: Don’t settle for the first mortgage offer that comes your way. Take the time to explore multiple lenders, comparing interest rates, loan terms, and associated fees. Online mortgage comparison tools can be valuable resources in this process.

Consider a Shorter Loan Term: While a shorter loan term may result in higher monthly payments, it often comes with a lower interest rate. If your budget allows, opting for a 15 or 20-year mortgage can lead to significant interest savings over the life of the loan.

Show Financial Stability: Lenders prefer borrowers who demonstrate financial stability. Maintain a steady employment history, avoid major financial changes, and have a solid income-to-debt ratio. Consistent financial habits make you a more attractive candidate for a lower interest rate.

Negotiate Closing Costs: In addition to the interest rate, closing costs can impact the overall affordability of your mortgage. Negotiate with your lender to lower or eliminate certain fees. Some lenders may be willing to adjust closing costs to secure your business.

Consider Mortgage Points: Mortgage points, or discount points, allow you to prepay interest to secure a lower interest rate. While this requires an upfront payment, it can result in long-term savings. Evaluate whether paying points aligns with your financial goals and timeline.

In conclusion, securing a lower interest rate on your mortgage is a financial milestone that can pave the way for long-term savings. By taking proactive steps, from improving your credit score to carefully comparing offers and negotiating terms, you can increase your chances of achieving a more favorable interest rate. Remember, a lower interest rate not only reduces your monthly payments but also contributes to a more financially secure future

01/27/2024

Curious about what happens at a closing? Let’s demystify this exciting step in your home-buying journey.

🚀 The Closing Countdown: It’s about a 40-day adventure filled with home inspections, loads of paperwork, and those final must-dos.

📑 Closing Day 101: Get ready to flex those signing muscles! You’ll tackle a stack of documents, sort out your down payment, and cover those closing costs (usually 2-5% of your home’s price).

📅 Picking the Perfect Closing Date: Pro tip – aim for the end of the month. It could mean less interest to pay upfront.

📊 Homework Before Home: Don’t forget to pore over your closing disclosure. It’s got all the nitty-gritty on your mortgage.

🤝 Who’s Who at Closing: It’s a gathering! Your real estate agent, some legal pros, and the lender’s crew will join you at the closing table.

🔑 The Best Part – Getting Your Keys: Once you’ve signed everything, the keys are yours, and you’re officially a homeowner!

Thinking of starting your home adventure? Let’s take this journey together, from the first step to turning that key! 🗝️

Pmgworldwideinc.com

01/19/2024

Understanding 3 Percent Down Mortgage Options
These low down payment mortgages are often part of special programs, typically targeting first-time homebuyers or those who haven’t owned a home in the recent past. Here’s a closer look at these options:
1. Conventional 97
• Backed By: Fannie Mae
• Key Features: Only 3% down required; down payment can be a gift, grant, or other assistance.
• Qualifications:
• Must be a first-time homebuyer or not have owned a home in the past three years.
• Homebuyer education course required for all first-time buyers.
• Minimum credit score of 620.
• The home must be a primary residence.
• Conforms to loan limits (e.g., $766,550 for a one-unit property in most areas).
• Additional Info: Requires private mortgage insurance (PMI) until 20% equity is reached.
2. Fannie Mae’s HomeReady Program
• For: A wider range of properties, including multi-family units.
• Qualifications:
• Open to those who haven’t owned a primary residence in the past three years.
• Credit score minimum of 620.
• Income cannot exceed 80% of the area’s median income.
• At least one unit must be the owner’s primary residence.
• Unique Feature: Counts rental income towards income requirements; down payment can be entirely from gifts or assistance.
3. Freddie Mac’s HomePossible Program
• Distinctive Feature: Allows non-occupying co-borrowers to contribute to the down payment.
• Qualifications:
• Homeownership education for first-time buyers.
• Credit score of 660 or above.
• Income limits apply.
• Must live in the home as a primary residence.
• Additional Info: PMI required until 20% equity is achieved.
4. HomeOne by Freddie Mac
• Target Audience: First-time homebuyers and those looking for cash-out refinances.
• Qualifications:
• At least one applicant must be a first-time homebuyer.
• Usable credit score required.
• Property must be a single-unit primary residence.
• No Restrictions: No income or geographical limitations.
Other Low-Down Payment Options
• FHA Loans: Minimum 3.5% down. Available to a broader audience, including those with lower credit scores.
• USDA and VA Loans: No down payment required, specific to rural area borrowers (USDA) and military personnel (VA).
The path to homeownership in 2024, is made smoother with these innovative low down payment mortgage options. Whether you’re a first-time homebuyer or someone looking to re-enter the housing market, these programs offer a ray of hope and an opportunity to achieve the dream of owning a home. Fill out our easy pre-approval application on our website and we can see what program best fits your needs!
Pmgworldwideinc.com/tomeka

01/08/2024

5 Steps To Get Ready To Buy
2024 is here, inflation is improving home prices remain high, and rates are dropping. If you are planning on buying a home in 2024 here are 5 key steps to take to get ready.

1. Put Savings In A High-Yield Account
If you are planning on buying you will need your money to be “liquid” or relatively easy to access for a down payment.
2. Check Your Credit
You may have heard this before but it’s important, so we’ll say it again. Review your credit report to make sure there are not any errors or attempts at identity theft that can erroneously lower your credit score.
3. Down Payment or Closing Costs Assistance
It’s a good idea to check to see if you qualify for down payment or closing cost assistance or grants.
4. Monitor Your Market Real estate is local as they say so keep an eye on the areas you are looking to buy to see if there are trends in prices and inventory
5. Get Preapproved!
You can fill out our approval qualifier on our website and we’ll help you see how much you can qualify for and pre-approval, this will help you to know you’re buying range.

We, at PMG Worldwide Inc., are able to get you the best rates on all types of loan programs, we'll fit your needs!

10/01/2021

We will lead you to your new home.

Let us guide you into your new home. Inbox or call Call ☎ 704-401-5288