Mortgage Specialist- Micheal Price

08/25/2024

🏡 There are a TON of houses for sale right now, and it’s a total buyer’s market! About 72% of people decided to wait until rates dropped to the 5’s before buying. Well, guess what? That time is supposedly right around the corner for the masses. But here’s the secret… my clients have been enjoying rates in the 5’s the entire time because of my Hybrid Agent Program. 🙌

If you’re a first-time homebuyer, RIGHT NOW might be the cheapest time you’ll ever be able to buy. Here’s why: ⬇️

1️⃣ Fewer buyers right now mean less competition—no more bidding wars driving up the price of your dream home. (Just ask buyers from 2020 and 2021 how “fun” it was competing with 20 other people for the same house 😅).

2️⃣ You can negotiate with the seller NOW! In fact, I’ve got two deals in the works where the sellers are paying $20K in closing costs. Yes, $20K! My clients will walk away with the lowest rates on the market, and thanks to my Hybrid Agent Program, they’re getting up to half the real estate commission too! They’ll come to the table with just the down payment and enjoy a much lower rate. 💰 It’s a total game-changer.

Too often, people get caught up, thinking they can’t afford their dream home right now. But let me tell you a little story... I bought my first house at 28 years old. It was a foreclosure with ugly paint, stained carpet, and the previous owners even took the microwave when they left! 😳 But that $158K house I bought back then is now worth over $400K. It wasn’t my dream home, but now it’s a cash cow! 🤑

I’m not one to shame anyone for renting. We all need a roof over our heads, and there’s nothing wrong with that. But here’s what you miss out on by renting: that house that’s now worth $400K has a balance of a lot less—let’s say $100K. The difference is $300K. That’s equity, an investment you can’t get if you’re just renting.

So, get in the game now! Get back into the market before rates drop and we see another buying frenzy. Don’t wait for the media to tell you it’s okay to buy again. It’s okay NOW! Rates have already dropped, and with my Hybrid Agent Program, they’re even lower. 📉

I usually keep my business page and personal page separate, but for this information… people need to know! My Hybrid Agent Program works anywhere in Texas. If you’re on this page and thinking about getting into the market, let’s have a consultation. 📲 Let’s make your homeownership dream a reality!

Also, check out this video! Numbers don't lie!

04/19/2024

Search for your home on this custom-built site. Why would you go to Zillow, Realtor.com, Trulia or any other website when they aren't giving you back half the commission to buy down your interest rate.

Why pay more when you don't have to? https://hybridagenthomes.com

03/18/2024

Wirth all the noise going on about Real Estate! Half of it is completely false. Just know " You're In Good Hands With The Hybrid Agent!"

07/26/2021

If you had done a 15-year mortgage when you first bought your home, how close would you be to paying it off? What could you accomplish without a house payment? https://ltimortgage.com

05/24/2021

The VA Streamline Refinance (IRRL) is a great option if you currently have a VA Home Loan and want to lower your interest rate to save cash. In this blog post, we will give 5 tips for homeowners who are looking to refinance their VA Home Loan. The best part is that the process of refinancing is simple, fast, and very cost-effective.

The VA Streamline Refinance (IRRL) is one of the easiest loan processes there is. It's one of the only loans on the market that does not require an appraisal and the qualifications are simple.

Check Our Low VA Streamline Rates

Sure, there are a few hoops to jump through. But other than that, this is one of the easiest loan processes out there. You can have your loan approval in as little as 60 minutes.

One thing that you need to know is the VA Streamline Refinance ( IRRL) can only happen if your home loan was originally financed with a VA Home Loan and it has been at least 12 months since the last time they refinanced or their mortgage. This might sound like a long waiting period, but most loans are good for 30 years so there's plenty of time before this will become an issue!

The VA Streamline Refinance (IRRL) Loan is available for all eligible veterans who meet the following qualifications:
The VA Streamline Refinance (IRRL) is available to veterans with a minimum credit score of 620. If your credit score falls below this, then you may be eligible for another type of loan. Again, home values aren't an issue because the VA Streamline Refinance doesn't require you to get an appraisal, so you get to keep that cost in your pocket.

Check Our Low VA Streamline Rates
No Income Restrictions on your VA Streamline Refinance (IRRL)
VA Streamline Refinance (IRRL) loans are available for veterans with no income restrictions. This is great news because some lenders only offer to refinance to those who make a certain amount of money, which can be difficult if you don't know how much your monthly mortgage payment will be or have had issues keeping up with payments in the past.

For many people, this may seem like an easy decision as there's not much thought required and they're just looking for something that fits their specific needs at the time.

Why Should You Use A Mortgage Broker for Your VA Streamline Refinance(IRRL)?
When you use a mortgage broker for your VA Streamline refinance (IRRL) you will get a much better rate than you would if you were to go to the bank or mortgage bank.

You're going to want to find the best rate with your broker and make sure that it is in line with what you need on each payment so it doesn't get out of hand. Mortgage Brokers have much lower margins than the bigger banks. This is because Mortgage Brokers are capped at how much they can make on loans where banks are not.

The cap creates savings that Big Banks and Mortgage Bankers can't really compete with. Once you decide to use a mortgage broker you'll question why you haven't always used them. Brokers are Better!

Check Our Low VA Streamline Rates
Why Should You Use A Mortgage Broker for Your VA Streamline Refinance (IRRL)?
The VA Streamline Refinance (IRRL) is a great way to get a lower interest rate, but there is no free lunch. There will be costs associated with closing the loan, however, they are much lower for VA Streamline Refinance loans. Check out our rates on the VA Streamline Refinance (IRRL)

The Department of Veterans Affairs has put limits in place that make the VA streamline refinance one of the cheapest loans to refinance. VA IRRL closing costs will vary from state to state. The basic list of items that you should expect in your refinance is:

- Origination Fee. Some lenders will have an origination fee on their loan, but as Mortgage Brokers, we don't have this fee.

- Title Policy. All loans will have a title fee. Title Policies are state-regulated, so it's not very much. It's based on the loan amount so that fee will vary based on the size of your mortgage

-Credit Report and Underwriting Fee. The credit report and underwriting fee shouldn't eclipse more than 1k. if it's more than that, you should look at shopping around for a better deal. Also, as a Mortgage Broker, we can structure the loan so there is no underwriting fee. Saving you even more cash with a much lower interest rate.

-Escrow Fee. The escrow fee will be the largest fee you'll incur on a streamline refinance. This is for setting up your escrow account for your property taxes. However, some states allow for property tax exemptions if you are considered a disabled vet. Depending on the percentage of your disability, you may not have any property taxes at all. This could be a total game-changer and keep your refinance fees very low.

03/15/2021

Has finding the right house at the right rate been unbearable? With our Conquest program, you could be eligible for more house for the same money! Call today to explore your options.

02/27/2021

Thinking of becoming a homeowner? Don’t let the thought of a large down payment scare you off. You may be eligible for home loans with lower down payments, but you’ll never know until you try. Call today, let’s explore your options.

02/27/2021

Need money for that new roof or home renovation? Now may be the right time for a refinance. Call us today to discuss your options.

02/07/2021

Don't be fooled into thinking the Builder's In House or Preferred Lender is looking out for your best interest. If it was a true incentive, they would give it to you regardless of what lender you used.

Using the Builders Lender is not always going to be in your best interest. Don't fall for the false incentives they promise you.