Philip Lucrezia- Mortgage Loan Originator

Philip Lucrezia- Mortgage Loan Originator Helping homebuyers & property investors achieve their dreams with education so they can build wealth. NMLS ID # 914609
Lucrezia Team | GoRascal Inc.

(NMLS 2072896)

09/04/2026

Your credit score isn’t just one number. 👀📊
When you’re getting ready to buy a home, you might think you know your credit score. But the number you see in your banking app may not be the score your mortgage lender uses.
Mortgage lenders typically pull your credit from all three major bureaus and, for many conventional mortgage underwriting scenarios, use the middle score.
Not the average. ❌
Not the highest. ❌
And not necessarily the score your banking app shows you. ❌
That number can affect your interest rate, loan options, and how much you qualify for. 🏡💰
So don’t wait until you’ve found your dream home to check your credit.
Know your mortgage credit profile before you start shopping. Your future self, and your budget, will thank you. 🔑

09/03/2026

Your payment can go down, but not all buydowns work the same. 🏡💰

One of the biggest misconceptions in real estate is thinking every buydown does the same thing. It doesn’t.

There are two different types, and the difference can save, or cost,you thousands over time.

🔹 Temporary Buydown: Your interest rate is reduced for the first 1–2 years of the loan. It’s typically funded upfront by the seller, builder, or another negotiated credit, giving buyers lower payments while they ease into homeownership.

🔹 Permanent Buydown: Instead of lowering your rate for a short period, it reduces your interest rate for the entire life of the loan, creating long-term monthly savings.

Same goal: a lower payment. Different strategy. Very different math. 📊

Before choosing one, compare the numbers, not just the monthly payment.

09/02/2026

Your mortgage rate is only part of the story. 👀
When you’re comparing home loans, it’s easy to focus on the interest rate. But your monthly mortgage payment is made up of four different pieces:

🏠 Principal — paying down the loan
💵 Interest — the cost of borrowing
🏛️ Taxes — property taxes
🛡️ Insurance — protecting your home
Together, that’s PITI.

And here’s the part many buyers overlook: depending on where you live, property taxes can make up a surprisingly large portion of your monthly payment. 📊
So don’t compare two mortgages based on rate alone.
Compare the FULL monthly payment. That’s the number that actually matters to your budget. 🔍

08/31/2026

Your closing is three days away… but you’re not supposed to wait until closing to review the numbers.
That’s exactly why the Closing Disclosure exists. 📑

It gives you the final picture:
💵 Your loan amount
📊 Your interest rate and payment
🏡 Your closing costs
💰 The exact amount due at closing
You’re required to receive it at least three business days before closing. ⏳
So what should you do with those three days?
Compare it to your Loan Estimate line by line. 🔎

If something changed, ask about it before you’re sitting at the closing table.
Three days can give you clarity. Use them. 🏡✨

I won’t be there in person this year, but I’m still proud to support this incredible cause. 🎳❤️On 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟯, Habitat for...
08/28/2026

I won’t be there in person this year, but I’m still proud to support this incredible cause. 🎳❤️

On 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟯, Habitat for Humanity of Rockland is hosting its Bowling & Guest Bartender Night at Break Point Bowl in West Haverstraw, and I’m helping raise funds for the work they do in our community.

Habitat believes everyone deserves a safe, decent place to call home. As someone who helps families navigate homeownership every day, that mission is one I deeply believe in.

Here’s how you can help:

❤️ Donate through my fundraising page (QR code on the flyer)

🎳 Join the bowling event from 3–6 PM, lanes are $40 for two hours, and proceeds from the kitchen, bar, and bartender tips benefit Habitat
📲 Share this post with someone who might want to support a great local cause

08/28/2026

What if the biggest problem with your new home happened 40 years ago? 👀

That’s where title insurance comes in.
You’re not insuring the future, you’re protecting yourself from problems that may already be hiding in the past. 📜
An old unpaid lien.
A forgotten heir.
A signature that was never valid.
A claim from decades ago that nobody knew existed.
With one premium, paid once, you’re covered for as long as you own the home. 🔐🏠

One payment. Years of protection. Probably the cheapest peace of mind you’ll buy at the closing table.

08/27/2026

FHA vs. Conventional? 🏡 It’s not about which is better.
It’s about which one fits your financial profile. Every buyer’s numbers tell a different story.
🔹 FHA is typically more forgiving with lower credit scores and higher debt-to-income ratios, making it a great option for buyers who need a little more flexibility.

🔹 Conventional often becomes the better long-term choice when your credit is strong, especially because it can mean lower mortgage insurance costs and bigger savings over time.

The smartest loan isn’t the most popular one, it’s the one designed around your credit, income, debt, and goals. 📊
Let’s compare both and find the option that saves you the most. 💙

08/27/2026

FHA vs. Conventional? 🏡 It’s not about which is better.
It’s about which one fits your financial profile. Every buyer’s numbers tell a different story.

🔹 FHA is typically more forgiving with lower credit scores and higher debt-to-income ratios, making it a great option for buyers who need a little more flexibility.
🔹 Conventional often becomes the better long-term choice when your credit is strong, especially because it can mean lower mortgage insurance costs and bigger savings over time.
The smartest loan isn’t the most popular one, it’s the one designed around your credit, income, debt, and goals. 📊

Let’s compare both and find the option that saves you the most. 💙

08/26/2026

The market moves. Your rate doesn't have to. 🔒

A rate lock freezes your interest rate for a set number of days, protecting you from market swings. But once it expires, you're back at the market's mercy.
Don't just pick a date, pick a strategy.
Let's talk first!!

🏡 Over the weekend I stayed at Hotel LBI… even though I own a house just 10 minutes away.Sounds strange, right?My family...
08/26/2026

🏡 Over the weekend I stayed at Hotel LBI… even though I own a house just 10 minutes away.

Sounds strange, right?

My family and I love spending time at Hotel LBI, while our beach house is rented to long-term tenants. Coincidentally, its also where my dentist / client got married, so at every visit, we ride the elevator and look at Dr. Brandon Gruffi's wedding photo LOL).

We bought our home in Beach Haven West as a second home in 2021 because it was a dream of mine. A few years later, life changed, so instead of selling it, we turned it into an income-producing asset.

The biggest takeaway? Occupancy isn’t a life sentence. Sometimes the smartest financial decisions come from understanding your options before you buy, not after.

I shared the full story (and the lesson behind it) in this week’s newsletter. If you’d like to read it, send me a DM with the word “NEWSLETTER” and I’ll send it over. ✉️

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Brooklyn, NY

Telephone

+18454945848

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