If you are buying a home for the first time, or the tenth time, I understand the gravity of the decisions you are making right now.
A home is one of the most treasured, and often greatest asset, a person or couple can make. There have been a lot of changes in real estate than when I moved into the mortgage industry in 2001. For this reason, I make it a priority to stay up to date on the very latest ways to make sure each borrower's needs are best met. (Ask me about MORTAGE 2.0) First and foremost, I want to fully understand ea
ch borrower's specific situation. There are so many options today! I pride myself on having exceptional listening skills and find it helpful to the process to also educate you on why my solution is the best one. It has been an honor to serve the hundreds of borrowers who have placed their trust in me over the years, and it would be my honor to serve you as well. Russell Keith Ammons NMLS #269334
Baymont Mortgage NMLS #1822917
03/19/2025
**🏡 Buy & Upgrade Your Home with Just 5% Down! 🏡**
Looking to purchase a home that needs a little TLC? Now you can **roll renovation costs into your mortgage** with just **5% down!**
✅ **Buy & renovate with one loan** – no need for extra financing
✅ **Finance repairs & upgrades** up to 10-15% of the home’s value
✅ **Eligible for primary homes, second homes & investment properties (no fix and flip)**
✅ **Simple, streamlined process**—close faster & start renovating sooner
✅ **Get up to 180 days to complete your renovations**
✅ **Work directly with your favorite home improvement store** for materials and services, streamlining your renovation process citeturn0search2
💡 **Perfect for:** New windows & doors, fresh paint, energy-efficient appliances, roof repairs, & more!
🚀 Ready to turn a fixer-upper into your dream home? DM me today to see if you qualify!
10/14/2024
Took from the Pilot Point area.
09/27/2024
Mortgage rates have dropped from 8.03% to 6.21% based on the national average, and I can get you even lower rates. Now is the time to act—whether you're buying or refinancing, you can enjoy big savings on your monthly payment.
These national average savings are real, but I can help you save even more. Contact me to get started today! 469-975-6550, [email protected]
09/26/2024
Lower Rates Are Here: Save Big Whether You’re Buying or Refinancing!
Mortgage rates have dropped from 8.03% to 6.21% on average, and I can help you get even lower rates. Now is the time to act—whether you're buying or refinancing, you can enjoy big savings on your monthly payment.
These national average savings are real, but I can help you save even more. Contact me to get started today!
09/17/2024
I’m sure you’ve seen plenty of refinance offers lately, but if it sounds too good to be true, it probably is.
If your rate isn’t 7% or higher, it might not be the right time. I’m happy to help you figure it out and keep you updated for when it makes sense. Already helped a friends here as rates have dropped!.
These clients share how I'll take care of you (www.russellammons.com). Would love to show you the same! 469-975-6550 or [email protected].🙂
08/26/2024
Rates have now dropped to where most FHA and VA loans can benefit from a refinance. Through the end of this week, I'm able to credit 1.25 discount points to your rate. This typically drops your rate an additional .25-.50%. With rates already in the 5's, the additional reduction in rate is huge. The very last day to lock your rate with this is next Tuesday, 9/3..
Call or text me if you would like to see how much you could save. 469-975-6550
08/15/2024
I now have some very aggressive Fix & Flip loan programs. Message me or call 469-975-6550
Be the first to know and let us send you an email when Russell Ammons Mortgage Originator, NMLS# 269334 posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.
Contact The Business
Send a message to Russell Ammons Mortgage Originator, NMLS# 269334:
I joined the mortgage industry in 2001, and wow, what a ride it has been! Never have I been more excited to be in this industry than NOW! Why you ask? Well, I firmly believe the mortgage and real estate industries are going to change dramatically over the next five or so years, and if you are interested in my predictions, check out Part-1 of my 4-Part series.
Bottom line, I predict the entire process from listing, searching, making an offer, accepting an offer, financing, insurance, closing, furnishing the home, and even moving, will be completely automated without the traditional need for a Realtor, or Loan Officer.
So that’s why I’m so excited? Actually, yes! The conventional market, where the vast majority of mortgage loans fall, will be completely automated and automated underwriting engines will be placed on steroids with the addition of artificial intelligence (AI) (it’s already well underway). You’ll never guess which company I predict will be the benefactor here (or perhaps you will), who will own the entire industry, but you can find out by reading the article I mentioned above.
Now for the good news, because of the very nature of Non-QM loans where guidelines are just that, guidelines, rather than the hard and fast rules of FannieMae, FreddieMac, FHA and VA, the Non-QM side of lending will continue to thrive, if not explode. The real estate and mortgage professionals who will still be standing, and standing tall, will be those specializing in Non-QM (Non-Qualified Mortgage) loans. You may be thinking, isn’t this just another name for all those sub-prime lenders who got us into trouble the last time...far from it! These lenders serve the forgotten millions who don’t fit into the neat and tidy Qualified Mortgage (Fannie and Freddie) world of straight forward, easily documentable loans. Amazon, oops, yes, I predict Amazon will have no reason to deviate from their completely data-driven process most transactions will still fit within so they will have little or no interest in the Non-QM market.
If you are a mortgage, or real estate professional and haven’t taken a serious look into serving home buyers who fit into the vast Non-QM box, NOW is the time, and I’m happy to help!
