Chris Madden Licensed Loan Officer NMLS# 1634490

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East Syracuse, NY
Chris Madden Licensed Loan Officer NMLS# 1634490

For most people, buying a home can be the most exciting purchase of their lives. Schedule a meeting:
https://calendly.com/thechrismaddenteam

Because of this, I want to make sure my clients have the best possible experience. Homestead Funding Corp, offers a variety of loan solutions allowing me serve my client’s.

10/29/2026

If you're a buyer, this will make things a little easier. 👇👇

Over the next several months you're going to see, hear and read about how high mortgage rates are climbing. One year highs, two year highs, maybe even three. Given what's going on in the world, that's on the table.

That is NOT what I want you to focus on. Focus on that and you'll get scared out of an opportunity. 😬

Buying isn't for everyone. But if you really want the house, the school district, the extra bedroom for the baby, fixate on the monthly payment. An affordable payment that lets you sleep at night without feeling stretched. 😴

The rate is secondary. You'll get plenty of chances to refinance that. Just focus on the monthly payment. 🏡

10/27/2026

Can we ever get back to 3% rates? 🤔🤔

It's not likely, and US debt recently passing $40 trillion is a big reason why.

There's no single answer, but $40 trillion in national debt, huge deficits and the inflation risk that comes with them are all part of the puzzle. As long as the government's finances are this out of whack, it creates inflationary pressure. And inflation and mortgage rates trend the same direction. 📈

So when we carry debt like this, you're ultimately left holding the bag with higher mortgage rates.

DC's balance sheet may feel 3,000+ miles away, but eventually it shows up in your mortgage payment. 🏡

10/23/2026

It's actually more realistic to get the monthly payment you want (or pretty darn close) than the interest rate you want.

We've all been waiting for rates to come down, and it's likely not happening the rest of this year and well into next. There are too many forces at play: the war, oil prices, stubborn inflation. All of that is market driven and we have zero control over it. 🌍

What we DO control is where your monthly payment lands. You have your down payment, what you qualify for, a market rate, and the payment that's calculated from all of that. Want it lower? ⬇️

✔️ Increase your down payment
✔️ Pay points to buy down the rate
✔️ Ask the seller for a credit to buy it down
✔️ Or do a combination of all of it

You have way more control over getting an ideal monthly payment than an ideal rate. 🏡

10/13/2026

Should you pay extra towards your mortgage or invest it I help people solve this problem all the time. So please reach out and let us know how we can help you.

Lets say you purchase a house for $350,000, you put 20% down and you finance $280,000. Now, lets just say you have an extra $1000 per month laying around and you’d like to put that towards something. And because you hear that all debt is bad, you want to put it towards the mortgage.

Now that would save you a lot of money in long term interest. It’s safe, predictable, that’s kind of the warm blanket answer. But let’s say you invested that thousand dollars elsewhere for the next 20 or 30 years. That could potentially grow into hundreds of thousands of dollars. And the value of your home is going to continue to go up anyways, whether you make extra payments or not.

So the question isn’t just, should I pay off my mortgage faster. The better question is, do I want certainty, liquidity, tax flexibility or long term upside. Because there’s no size fits all answer. So before you throw extra money at your mortgage, which might seem like the obvious choice, make sure you run the strategy first.

10/02/2026

If you’re an entrepreneur or your self employed, you need to understand that the mortgage system is not built for you.

Many entrepreneur’s write off a lot of expenses to reduce their taxes. But lenders, when you turn around to get a mortgage, they qualify you based on your taxable income. And if you don’t have a lot of that, it means you’re not going to qualify for much.

So this is why alternative lending is what actually helps business owners in this situation. And if you’re self employed you need to start planning your mortgage strategy months in advance before buying. This is not something you can throw together at the last minute.

09/29/2026

People can spend their entire life building wealth and then can loose a chunk of it in one moment.

I’ve seen this firsthand.

Someone will build a multimillion dollar portfolio, real estate, investments, everything. And then they pass without a clear plan or their health deteriorates to a point when they can no longer figure this out.

Now the family is dealing with taxes, legal fees, delay’s, confusion and in many cases, in fighting. All because the back end wasn’t handled. And this is so avoidable.

Making money is one skill, but keeping it in the family, that’s an entirely different game. If you are not working with an estate planning attorney to protect all that you created so that you don’t leave that stress for your family after you’re gone, you’re making a huge mistake.

Now for my clients, this is something that we offer them after every closing. The opportunity to connect with one. Or just encourage them to use someone they already know. But it’s just too important to overlook. So if you’re looking for a really strong contact in this space, to protect your wealth, reach out.

09/25/2026

One of the biggest problems with New York housing is what I refer to as the Golden Handcuffs effect.

These are people that are still locked in and holding on to a sub 3% interest rate or people who do not want to deal with any sort of capital gain event, property that’s been passed down through inheritance rather than actually hitting the market or just being converted to a rental because again, they don’t want the tax implications.

So you take this inventory and literally squeeze it so it gets tighter and tighter and you add more buyers to the mix, it gets more expensive houses for buyers and sellers that feel completely trapped. And that is the Golden Handcuff Effect.

09/22/2026

Here’s how you turn $500 dollars put away every month into $1.1 million. This is all about the power of compound interest.

Lets take $500 put away everything month starting at the age of 20. If you did that for 40 years, you would have $240,000 if it was just saved. Nice chunk of change.

But here’s the powerful other side of that. If you found a safe investment strategy or fund that was getting you about 7% annually, and you put the same $500 away every month starting at the age of 20 for 40 years, because of compounding interest you would have $1.1 million.

Now that’s a huge gap, but it puts into light and focus what the power is of compound interest and how just saving money is not merely enough to get ahead. You have to invest it, but invest it wisely.

09/09/2026

When you were little you probably had a piggy bank. And this was cool because it was your parents way or whoever was raising you to teach you how to save.

But having a piggy bank stops well short of actually taking that money and invest it.

You’ll never save your way to retirement or wealth. But you can invest your way to it.

Now there’s a lot of different asset classes. Personally, one of my favorites is real estate. Now the great thing about real estate is that there are a ton of ways to get in.

You can invest in multi family, single family, you can buy your own home that’s going to appreciate, you can invest in asset management groups or syndications, but the moral of the story is you have to put your money to work for you to where it can compound over time and real estate is one of those asset classes.

09/02/2026

The National media loves to get you trapped into thinking just one way, when it comes to the housing market. They put out news and data that portrays a national market. And that is entirely BS because there is no national housing market.

There’s 630 micro markets, and all of them operate completely independent from one another. Some are peaking, some are tanking some are balanced.

If you’re buying or selling right now, do not read all the national headlines or data, but be focused on what is happening in your specific market. Figure out based on the inventory levels, whether it’s a buyers market, a sellers market or a more balanced market, then you can actually adjust your strategy to be successful in any of those.

Address

6333 NY/298
East Syracuse, NY
13057

Website

https://www.homesteadfunding.com/loan-originators/chris-madden

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