What is a prepaid expense?🤔🏡 #homeownership #homebuyer #mortgages #loanofficer #lender #frida
What is a prepaid expense?🤔🏡 #homeownership #homebuyer #mortgages #loanofficer #lender #friday
How long can I lock my rate for?🤔🏡 #mortgage #buyingahouse #firsttimehomebuyer #homebuyer
How long can I lock my rate for?🤔🏡 #mortgage #buyingahouse #firsttimehomebuyer #homebuyer
Can You use an ADU for rental income? 🏡#loanofficer #firsttimehomebuyer #adu #mortgage #mortga
Can You use an ADU for rental income? 🏡#loanofficer #firsttimehomebuyer #adu #mortgage #mortgagetips
Measuring your existing debts against your existing income is one part of a lender’s required assessment of your ability to repay a loan. See Full Video https://wi.st/3cWdyvt Get a free quote! https://bit.ly/3K0M84n
When can you lock your mortgage rate?🏠 #mortgage #loanofficer #homebuyer #firsttimehomebuyer #
When can you lock your mortgage rate?🏠 #mortgage #loanofficer #homebuyer #firsttimehomebuyer #mortgagefaq
Can you have more than one primary residence?🏡 #mortgage #lender #firsttimehomebuyer #mortgage
Can you have more than one primary residence?🏡 #mortgage #lender #firsttimehomebuyer #mortgagefaq
Less than 15 days is generally going to be the sweet spot🏠 #mortgage #lender #mortgage #mortga
Less than 15 days is generally going to be the sweet spot🏠 #mortgage #lender #mortgage #mortgagetips
What does a balloon payment mean?🏠#mortgage #mortgagetips #loanofficer #firsttimehomebuyer #ho
What does a balloon payment mean?🏠#mortgage #mortgagetips #loanofficer #firsttimehomebuyer #homebuyer
Mortgage rates change constantly through an unpredictable combination of government policies and economic conditions. This video explains the common term rate lock. See Full Video https://wi.st/3OM8lUy Get a free quote! https://bit.ly/3K0M84n
Is there a temporary buydown for just one year?🏡 #homebuyer #homebuyertips #loanofficer #mortg
Is there a temporary buydown for just one year?🏡 #homebuyer #homebuyertips #loanofficer #mortgage
Why does credit matter when buying a home?🏠 #mortgage #lender #loanofficer #firsttimehomebuyer
Why does credit matter when buying a home?🏠 #mortgage #lender #loanofficer #firsttimehomebuyer
Do you know what a 5/1 Adjustable Rate Mortgage is?🏡 #mortgagetips #mortgage #loanofficer #hom
Do you know what a 5/1 Adjustable Rate Mortgage is?🏡 #mortgagetips #mortgage #loanofficer #homebuyer #lending
In our market buy downs are becoming more popular but how do they differ? #mortgage #mortgageti
In our market buy downs are becoming more popular but how do they differ? #mortgage #mortgagetips #homebuyer
What if the seller declines your offer to buy their house? #mortgagetips #lending #loanofficer
What if the seller declines your offer to buy their house? #mortgagetips #lending #loanofficer #fha
A credit bureau score, or credit score is a number based upon your credit history that represents the possibility that you will be unable to repay a loan. See Full Video https://wi.st/3ONUWLt Get a free quote! https://bit.ly/3K0M84n
A credit bureau score, or credit score is a number based upon your credit history that represents the possibility that you will be unable to repay a loan. See Full Video https://wi.st/3ONUWLt Get a free quote! https://bit.ly/3K0M84n
What is a debt-to-income ratio when buying a home?🤔 #mortgage #firsttimehomebuyer #homebuyer #
What is a debt-to-income ratio when buying a home?🤔 #mortgage #firsttimehomebuyer #homebuyer #california
Did you know you can buy your rate down? #mortgage #firsttimehomebuyer #realestate #realestatei
Did you know you can buy your rate down? #mortgage #firsttimehomebuyer #realestate #realestateinvesting
Can a recent College grad buy a home with a mortgage?🏡 #homebuyer #firsttimehomebuyer #mortgag
Can a recent College grad buy a home with a mortgage?🏡 #homebuyer #firsttimehomebuyer #mortgage
TCA Talks - Rate Buy Downs - 8 10 22
Hello Beautiful People, in this Total Cost Analysis I broke down the different scenarios that can be seen for a Rate Buy Down.
In the analysis, I included 4 different options:
- a regular 3.5% down FHA Loan
- Same original FHA Loan but with 2-1 Buy Down
- Same original FHA Loan but with Permanent Buy Down
- Same original FHA Loan but 2.5% reduction in purchase price
To learn more about different Mortgage Strategies or to have your own personal TCA made. Book a call with me: www.LOmeeting.com
Thanks for watching!
Zavon Paschall
#2245175 | Franklin Loan Center, Temecula CA