Cornerstone First Mortgage: Carol Franz, NMLS# 1224287

02/18/2024

This 1371 square feet Single Family home has 3 bedrooms and 2 bathrooms. It is located at 115 Myakka Dr, Venice, FL.

12/13/2023

I get Questions about the rate or what's today's rate all the time. I wanted to go over how rates work. The economy determines the mortgage rate. How well or how poorly our economy does affects how the Federal Reserve raises or Reduces the overnight lending rate, and whether or not they change the money supply is heavily influenced by that. Additionally, mortgage rates are affected by credit scores.

That is the credit score that you have as a borrower potential borrower. It is also affected by the Documentation type, so whether you can document income or use alternate ways to verify income is determined by how much money you put down or what we call in the industry loan to value. The more money you put down, the less the risk and the better your rate determined by occupancy. Are you buying a primary residence? Are you buying a second home? Are you buying an investment property? Finally, the type of property determines it. Is this a single-family detached residence, like a standalone home? Is this a townhouse community? Is this a condo? Is this a multi-unit property, two, three, or four units?

So these are the significant factors that affect your rate bottom line. Your rate is seven or nine, or you think your credit score is poor or excellent. It would help if you got pre-approved first to know what to expect when you find the right house.

If you have any questions, please don't hesitate to reach out. Carol 305-525-7025

10/02/2023

Hey, guys How are you today? I wanted to talk about five financial benefits of obtaining a mortgage.

• Number one, the mortgage interest rate is usually lower interest than other interest rates on the market. So, if you compare it to credit card debt or you compare it to other debt that you may be taking it on, the rate on your mortgage is usually lower.
• Number two, the interest payments on your mortgage are usually tax deductible. So, when you are making your payments, that interest portion is tax deductible.
• Number three, if you're taking out a mortgage and you have additional money, you're very well able to invest those funds into vehicles that yield a better return than your mortgage. So, for example, you know, you may invest into other projects, or you may invest into long-term equities or something like that where you can get a better return than today's market rates. Okay?
• Number four, liquidity. So, if you have extra money and you don't pay off your mortgage and the older you get, the extra money gets invested into other vehicles that are a little easier to either sell or tap into, you gain liquidity by investing into other vehicles while still not paying off your home.
• And number five. The mortgage payments will get smaller over time or will seem smaller over time. What do i mean by that? We all know there's inflationary pressures whether its today's market which is really high or generally there is inflation. Your mortgage is 30 years and over time that mortgage payment if it's locked in for 30 years, will seem to be smaller and smaller. So again, guys, five reasons to get a mortgage, important to review them and think about them. Don't always use cash to buy homes. Hopefully, that was helpful. If you have any questions, please reach out and speak with me at ask [email protected]. take care!

Call us today 305-525-7025

06/10/2023

11/07/2022

Florida INVESTOR MORTGAGES CASH OUT PRIVATE Mortgages (AVENTURA HOLLYWOOD FT LAUDERDALE)
license info: LIC call me Carol 305-525-7025

*no income credit checks business purpose mortgages
*cash out free clear paid off real estate with out a mortgage
*get cash for future real estate deals
*use $$$ for other business purposes
*residential or commercial
*quick closings most of my private lenders close within 10 business days
*pay off IRS liens, property taxes, etc. closing.
*need a blanket mortgage we close cross collateral mortgages more than 1 property is required leverage more real estate get $$$$
*foreign nationals ok
*we offer interest only and "fixed rate mortgages" 10 15 20 years-no balloons!!!
*you can call me anytime for a loan scenario 305-525-7025
*cash out free clear paid off real estate with out a mortgage
*residential or commercial no income credit checks most lender for business purposes
*need to close quickly most of my lenders do not use appraisals either online evaluation or physical inspections call office 305-570-2570 x 4
*no bank hassles no mounds of paperwork close quickly
*call me 305-525-7025 or text me scenarios.
*some of my private lenders will close on a fully amortized fixed rate mortgage-no balloons
*we close deals all over Florida.

Carol Franz nmls 1124287 305-525-7025

[email protected]

***************NO INOME CREDIT CHECKS

Land land land lots lots yes, we close land lots of PURCHASE or REFINANCE all over Florida. No more than 50 PERCENT LOAN TO VALUE of OUR VALUATION!! Cashout free and clear paid off lots land without any mortgage liens!! 50 percent payment towards contract PURCHASES!! No income or credit checks !!! Call me most brokers do not have these mortgages!!

We are Fully licensed. Cornerstone. First Mortgage also closes NO INCOME NO EMPLOYMENT PRIMARY AND SECOND HOME MORTGAGES! These are called NO RATIO mortgages. This is not a STATED mortgage! 30 YEAR FIXED RATE NO PREPAYMENT PENALTY! You must have decent credit scores 660 middle score and higher.
Minimum loan amount $150k. PURCHASE OR PRRFECT for CASHOUT REFINANCES! We close mortgages all over the state of FLORIDA!!