Brendan J. Barry-Mortgage Broker, NMLS #134118

05/13/2025

In a notable shift in the housing market, baby boomers now represent the largest group of home buyers. Here's what you need to know from NAR's latest generational trends report. https://bit.ly/3G8yVZ8

05/08/2025

This is exhausting :)

07/11/2024

https://www.youtube.com/watch?v=HUgwM1Ky228

Official HD Video for “Closer to Fine” by Indigo GirlsThe Indigo Girls are an American folk rock duo from Atlanta, Georgia, United States, formed in 1985. Th...

07/02/2024

Borrowed from national mortgage news. Please remember, homeowners are sitting on the most amount of equity. Call The Haverford Mortgage Company about a HELOC or HELOAN.

The total debt held by American households has risen 81.5% over the past 20 years. found that the debt burden has grown rapidly since the 2008 financial crisis.

07/02/2024

This should be required in every high school and state. A semester-long course would need to be offered by the 2027-28 school year and a requirement to graduate— California high schoolers will soon be required to take a financial literacy course to graduate.

06/27/2024

What is Haverford Mortgage up to these days?
- HELOC cheaper than Prime? yes
- investment property in Delaware with no income verified from the buyer? Yes
- commercial property in Louisiana closing next week? Yes
Owner occupied purchase on the Main Line? Yes 2 of them!
Cash out refi in Delaware County? Yes
Call Haverford Mortgage and see how we might be able to assist you with any commercial or residential needs !

06/21/2024

Borrowed from an article in Scotsman Guide:

A drop in mortgage rates spurred a 25.6% month-over-month surge in rate-and-term refinance lock volume in May, according to the latest Market Advantage report from Optimal Blue.

As tracked by the company’s Optimal Blue Mortgage Market Indices (OBMMI), 30-year conforming rates ended May at 7.02%, 22 basis points lower than at the end of April. This is confirmed by similar rate data from Freddie Mac: Average 30-year fixed mortgage rates were at 7.22% during the week ending May 2 and at 7.03% during the week ending May 30.

05/30/2024

Hello,
I hope this email finds you well. Haverford Mortgage just celebrated our 2 year anniversary as an independent mortgage company. In those 2 years, we have been able to help with purchases and refinances both alosn residential and commercial business.
As you know it is quite difficult to compete with large banks and mortgage companies with their large advertising budget, etc.
The reason for Haverford’s success is due to personal and professional references.
I am writing this to ask for your help in spreading the name of Haverford Mortgage Company. We cannot continue to grow and succeed without your help.
Please remember that we have:
2nd lines and loans
Non QM mortgages for the hard to qualify borrowers
Commercial and residential loans.
Explanation of Reverse Mortgages

05/15/2024

Did you know? Credit card debt continues to soar, hitting a new high of $1.129 trillion in Q4 of 2023, up from $1.079 trillion in Q3 of the same year, as reported by LendingTree®. Meanwhile, Bankrate reveals that the average American homeowner holds $299,000 in home equity, with $193,000 of that considered “tappable.”

Boost your borrowers’ financial power with the new Closed-End Seconds loan program with Haverford Mortgage. This program enables them to leverage their property's equity without impacting their existing first mortgage. The second lien is a self-contained, closed-end, fixed-rate loan, with the flexibility of both Full Doc and Bank Statement documentation options.

Key Highlights:
CLTV to 85%, Full Doc and 80% Bank Statement
Loan amounts from $50,000 to $500,000
FICO from 680 Full Doc and 700 Bank Statement
15, 20 & 30-year Fixed Rate
1-unit SFR/PUD & Condos
Primary Residence & Second Home
No limit on Cash-Out (all transactions are Cash-Out)
AVM in lieu of appraisal for loan amounts up to $250,000
Eligible in PA.
NMLS: 2379616
Independant: NMLS: 134118

02/02/2024

Consider the USDA home loan program if you are a first-time homebuyer
One huge advantage of USDA mortgages for first-time homebuyers is the 100% financing option. With no down payment required, homeownership is accessible even if you don’t have a large amount of savings.

Additionally, USDA mortgages often have more flexible credit requirements compared to conventional loans, so that helps if you don’t have an extensive credit history. Plus, the program takes into consideration factors beyond just credit scores, allowing borrowers with less-than-perfect credit to still be eligible for a USDA mortgage.

USDA mortgages are specifically designed for rural and semi-rural areas and do have income limits and the property being purchased must also meet certain eligibility requirements. Check out the USDA website or consult with a mortgage lender to determine whether you meet the criteria for a USDA

03/06/2023

It can be easy to forget about subscription service payments if you're not careful. Find out what to do when you sign up for a new subscription.

It can be easy to forget about subscription service payments if you're not careful. Find out what to do when you sign up for a new subscription.

03/06/2023

Affordability is a key challenge for first-time homebuyers. But some markets are better than others, experts say.

Affordability is a key challenge for first-time homebuyers. But some markets are better than others, experts say.